. /.RESTRICTEDWORLD TRADE
ORGANIZATIONG/C/W/275/Rev.1
31 July 2001
(01-3847)
Council for Trade in Goods
EXTENSION OF THE TRANSITION PERIOD FOR THE
ELIMINATION OF TRADE-RELATED INVESTMENT MEASURES NOTIFIED UNDER
ARTICLE 5.1 OF THE AGREEMENT ON TRADE-RELATED INVESTMENT MEASURES
ARGENTINA
Draft Decision
Revision
The Council for Trade in GoodsHaving regard  to Article 5.3 of the Agreement on Trade-Related Investment Measures
(TRIMs Agreement);
Considering that  the Council for Trade in Goods may extend the transition period for the
elimination of TRIMs notified under Article 5.1 of the TRIMs Agreement for a developing countryMember which demonstrates particular difficulties in implementing the provisions of that Agreement;
Taking note  of the request from Argentina for an extension of the transition period for seven
years for the TRIM notified under Article 5.1 of the TRIMs Agreement (G/C/W/176 and Corr.1);
Taking into account  the individual development, financial and trade needs of Argentina;
Considering  that Argentina has demonstrated particular difficulties in implementing the
provisions of the TRIMs Agreement;
Considering  that Argentina hereby commits itself to eliminate this remaining TRIM;
Decides  as follows:
1. The transition period under the TRIMs Agreement is extended for Argentina until
31 December 2001 for the TRIM for which an extension of the transition period has been
requested.
2. Argentina may request an additional extension for a period of no more than two years from
1 January 2002.  Any such request for an extension shall state the particular difficulties,
internal or external, Argentina continues to en counter in implementing the provisions of the
TRIMs Agreement, and shall be communicated to the Council for Trade in Goods no laterthan 31 August 2001, and be accompanied by:
• a description of the steps Argentina has taken to date and/or will take to
eliminate its remaining TRIM;G/C/W/275/Rev.1
Page 2
• a reasonable phase-out plan for eliminating its remaining TRIM no later than 31
December 2003, taking into account its development, financial and trade needs;and
• a commitment to submit periodic reports to the Council for Trade in Goods on
the progress it makes in phasing out its remaining TRIM.
3. Argentina shall consult with the Council fo r Trade in Goods on any request it makes under
paragraph 2, and on the implementation of its commitment to phase out and eliminate its
remaining TRIM.  On the basis of these consultations, the Council for Trade in Goods shall
grant such request, no later than 5 October 2001, if it is verified that the request fulfils the
criteria set out in paragraph 2.
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