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The President of the Council shall give the notifications provided for in Article 5 of the Agreement on the establishment of the Joint Committee and in Article 13 of the Agreement on trade in industrial products (1).

Should the Parties consider it necessary, the Joint Committee may meet on an ad hoc basis in order to deal with special problems and hold the consultations provided for under the agreements between the Parties.

1. The Contracting Parties shall make every effort to promote and expand their trade in industrial products.

2. To that end, they confirm their resolve to implement this Agreement liberally, taking into account the provisions of GATT and the Protocol of Accession of Romania, and will make every effort to facilitate trade between themselves in compliance with their respective regulations and to help establish a balance in that trade at the highest possible level.

3. In this spirit the Joint Committee established by the Agreement between the Community and Romania will attach special importance to examining ways of encouraging the reciprocal and harmonious expansion of trade.

1. Importation into the Community of the products referred to in Article 1 shall be subject to the presentation of an import authorization or document.

2. For each year of the lifetime of the Agreement the competent authorities in the Community shall within five working days of the presentation of an import application accompanied by the corresponding export licence issued by the Romanian authorities in accordance with Title II, automatically issue import authorizations or documents for such products up to the quantities specified for each product in Annex II.

3. Where the quantity in respect of which import authorizations or documents have been issued for a given product reaches the annual limit set for that product in Annex II or the unused portion of that limit is insufficient to cover the quantity specified in the export licence, the competent authorities in the Community shall suspend issue of import authorizations or documents for the excess amount. In this event the Community shall immediately inform Romania, which may request the holding of consultations on the matter.

4. For the purposes of paragraphs 2 and 3 imports shall be set off against the limits set for the year in which shipment of the goods was actually effected in Romania, even if the export licence is issued after such shipment.

1. Importation into the Community of the products referred to in Article 1 shall be subject to the presentation of an import authorization or document.

2. For each year of the lifetime of the Agreement the competent authorities in the Community shall within five working days of the presentation of an import application accompanied by the corresponding export licence issued by the Romanian authorities in accordance with Title II, automatically issue import authorizations or documents for such products up to the quantities specified for each product in Annex II.

3. Where the quantity in respect of which import authorizations or documents have been issued for a given product reaches the annual limit set for that product in Annex II or the unused portion of that limit is insufficient to cover the quantity specified in the export licence, the competent authorities in the Community shall suspend issue of import authorizations or documents for the excess amount. In this event the Community shall immediately inform Romania, which may request the holding of consultations on the matter.

4. For the purposes of paragraphs 2 and 3 imports shall be set off against the limits set for the year in which shipment of the goods was actually effected in Romania, even if the export licence is issued after such shipment.