31. 8. 94 Official Journal of the European Communities No L 225/1 (Acts whose publication is obligatory) COUNCIL REGULATION (EC) No 2129/94 of 19 August 1994 applying to South Africa some of the advantages granted by the Community to developing countries under the scheme of generalized tariff preferences THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community, and in particular Article 113 thereof, Having regard to the proposal from the Commission, Whereas South Africa’s state of development and the deterioration of its economy warrant the granting of the benefit of generalized preferences to enable it to step up its exports in order to give a spur to its economic deve- lopment, foster its industrialization and increase its growth rate ; Whereas, bearing in mind the progress made in reviewing the Community scheme, the benefit of the generalized preferences arrangements should now be extended to a number of industrial products originating in South Africa, HAS ADOPTED THIS REGULATION : Article 1 The benefit of the arrangements provided for in Article 1 of Council Regulation (EEC) No 3831/90 of 20 December 1990 applying generalized tariff preferences for 1991 in respect of certain industrial products originating in deve- loping countries (') shall be granted in respect of the products originating in South Africa listed in the Annexes I and 11 to this Regulation, subject to the conditions and relevant arrangements laid down by Regulation (EEC) No 3831/90. Article 2 Annex I to Regulation (EEC) No 3831/90 shall be supple- mented by the entries set out in Annex I to this Regula- tion. The line ‘388 South Africa’ shall be added to Part A of Annex III to Council Regulation (EEC) No 3831/90. Article 3 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, 19 August 1994. For the Council The President Th. WAIGEL () OJ No L 370, 31. 12. 1990, p. 1. Regulation as last amended by Regulation (EEC) No 3917/92 (O] No L 396, 31. 12. 1992, 1). P-