521 Printing paper and manufactures of paper, paper papeteries; paper bags or sacks when Ex 603 Tooth pastes and tooth powders M1041 Mining machinery costing at the place of M1044 All special paper and pulp-making machinery 11063 Printing paper when imported by bona fide Rate of Duty Free Froe 20% 305 Iron and steel pipe or tubing and fittings for Ex 385 Dry cell batteries (single and multiple cell), 443 Made up or partly made up articles, except Ex 448 Rayon or artificial silk fabrics, in the piece 521 Printing paper and manufactures of paper, N.E.S. writing paper, wrapping paper, toilet paper, Ex 603 Tooth pastes and tooth powders 35% 40% 35% 1. In each of the territories (except Ceylon) named in Schedule III of the Trade Agreement between the United Kingdom of Great Britain and Northern Ireland and the United States of America, signed November 17, 1938, the margin of proference, if any, on any product listed in that Schedule in respect of such territory, shall not exosed three-fourths of that existing on April 10, 1947, or 25% ad valorem (or a margin of specific or other duties equivalent to 25% ad valorem), whichever margin is the smaller, Provided that this undertaking shall not require the reduction of the margin of preference on any product to less than 2 ad valorem (or a margin of specific or other duties equivalent to 2% ad valorem). The Government of the United Kingdom, in association with the Government of the territory concerned, will, if requested, consult with regard to the implementation of this undertaking with any contracting party having a substantial interest in any product concerned, and, should it prove impossible in any particular case to give effect to the reduction in a margin of preference required by this undertaking, will agree în measures designed to provide an equitable solution. 2. The reductions of preference provided for in paragraph 1, above, shall come into effect at the earliest practicable date and in any event not later than December 31, 1949, but may be made inoperative during the whole of any calendar year which immediately succeeds a calendar year in which the quantity of general purpose synthetic rubber required to bo consumed in the United States of America under internal quantitative regulations applied pursuant to paragraph of this Agreement exceeds 25% of the total consumption in the United States of America of natural, synthetic and reclaimed rubber. of Article III PART II Preferential Tariff Nil. |