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World Trade Organization Toolkit : Textiles and Clothing

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b. Expansion of remaining quotas

Concurrent with this integration process, there is a program for liberalising the existing restrictions, that is, for enlarging the bilateral quotas carried over from the former MFA until such time as the products are integrated into GATT, at which time the quotas terminate. Under this system, quotas are eliminated either when the products concerned are integrated into GATT at one of the stages or at the end of the transition on 1 January 2005. The level of each restriction under MFA bilateral Agreements in force during 1994 must be increased annually by the following amounts over the MFA rate: 1995-1997: 16%; 1998-2000: 25%; 2002-2005: 27%.

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