. /.WORLD TRADE
ORGANIZATIONG/L/463
7 August 2001
(01-3914)
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
MEXICO
Decision of 31 July 2001
The Council for Trade in Goods
Having 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 country
Member which demonstrates particular difficulties in implementing the provisions of that Agreement;
Taking note  of the request from Mexico for an extension of the transition period for four years
for certain TRIMs notified under Article 5.1 of the TRIMs Agreement (G/C/W/171);
Taking into account  the individual development, financial and trade needs of Mexico;
Considering  that Mexico has demonstrated particular difficulties in implementing the
provisions of the TRIMs Agreement;
Considering  that Mexico hereby commits itself to eliminate these remaining TRIMs;
Decides  as follows:
1. The transition period under the TRIMs Agreement is extended for Mexico until 31 December
2001 for the TRIMs for which an extension of the transition period has been requested.
2. Mexico 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, Mexico continues to en counter in implementing the provisions of the
TRIMs Agreement, and shall be communicated to the Council for Trade in Goods no later
than 31 August 2001, and be accompanied by:
• a description of the steps Mexico has taken to date and/or will take to eliminate
its remaining TRIMs;
• a reasonable phase-out plan for eliminating its remaining TRIMs no later than
31 December 2003, taking into account its development, financial and trade
needs;  andG/L/463
Page 2
• a commitment to submit periodic reports to the Council for Trade in Goods on
the progress it makes in phasing out its remaining TRIMs.
3. Mexico shall consult with the Council for 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 TRIMs. On the basis of these consultations, the Council for Trade in Goods shallgrant 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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