~ No L 337/10 Official Journal of the European Communities 8. 12. 88 COMMISSION REGULATION (EEC) No 3813/88 / of 7 December 1988 re-establishing the levying of the customs duties applicable to nuts of iron or steel falling within CN codes 7318 16 30, 7318 16 91 and 7318 16 99 originating in Singapore to which the preferential tariff arrangements set out in Council - Regulation (EEC} No 3635/87 apply THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing- the European' Economic- Community, Having regard to Council Regulation (EEC) No 3635/87 of 17 November 1987 applying generalized tariff preferences for-1988 in respect of certain industrial products originating in developing countries ('), and in particular Article 16 thereof, Whereas, pursuant to Article 1 of Regulation (EEC) No 3635/87, duties on certain products originating in each of the .countries or ferritories listed in Annex III shall be totally suspended and the products as such shall, as a general rule, be subject to statistical surveillance every _three months on the reference base referred to in Article 15; Whereas, as provided for in Article 15 where the increase of preferential imports of these products, originating in one or more beneficiary countries, threatens to cause, economic difficulties in a region of the Community, the levying of customs duties may be re-established, once the Commission has has. an appropriate exchange of information with the Member States; whereas for this purpose the reference base to be considered shall be, as a general rule, equal to 5 % of the total importations into the Community, originating from third countries in 1986 ; Whereas, in the case of nuts of iron or steel falling within CN codes 73181630, 7318 1691 and 7318 16 99 the reference base is fixed at ECU 3 425 000 ; whereas, on 28 November 1988 imports of these products into the Community originating in Singapore reached the reference ‘base in question after being charged therea- gainst ; whereas the exchange of information organized by the Commission has demonstrated that continuance -of the preference threatens to cause economic difficulties in a region of the Community ; whereas, therefore, customs duties in respect of the products in question must be re-established against Singapore, HAS ADOPTED THIS REGULATION : Article 1 As from 11 December 1988, the levying of ‘customs duties, suspended pursuant to Regulation (EEC) No 3635/87 shall be re-established on imports into  the ‘Community of the following products originating in Singapore : CN code Description 7318 16 30 Nuts, of iron or steel 7318 1691 7318 16 99 Article 2 This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities. This Regulation shall be binding in its entirety and directly applicable in all Member - States. Done at Brussels, 7 December 1988. () OJ No L 350, 12. 12. 1987, p. 1. For the Commission COCKFIELD Vice-President