RESTRICTED
WORLD TRADE WT/ACC/ALB/13/Add.1
7November 1996
ORGANIZATION(96-4714)
Original: English
ACCESSION OFALBANIA
Communication from Albania
Addendum
Thefollowing complementary Information onState-trading hasbeenreceived fromtheMinistry
ofIndustry, Transport andTrade oftheRepublic ofAlbania.
_______________
Theattached material isaprofile ofanAlbanian trading enterprise. Itcomplements other
information thathasbeenprovided totheWorking party onthesubject ofState-trading enterprises,
inparticular answers totheQuestionnaire onState-trading Enterprises (WT/ACC/ALB/13).WT/ACC/ALB/13/Add.1
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PROFILE OFASTATE-OWNED TRADING ENTERPRISE
1.Name: ARTEKSPORT-IMPORT
2.Activities:
-Import: Yes
-Export: Yes
-Production: No
-Storage: Yes(canarrange forclient upon request)
-Transportation: Yes(canarrange forclient)
-Marketing: Sometimes, butnotamajor activity
-Financing: Have therighttooffer trade finance services toclients, butrarely doso.
Financing isonmarket terms.
3.Size: Overthepastseveral years thenumber ofemployees hasdecreased fromabout 150toabout
30now.
4.Ownership: Currently 100percent State-owned. Dependent ontheMinistry ofIndustry, Transport
andTrade. Thepaperwork hasbeendoneinpreparation forprivatization.
5.Control: Overall management isexercised byaBoard ofDirectors appointed bytheState.
Day-to-day business decisions aretaken bytheGeneral Director andstaffaccording totheiranalysis
ofmarket conditions. Purchase, saleandpricing decisions aremade independently andaccording
tomarket conditions.
6.Special Rights orPrivileges: None. ARTEKSPORT-IMPORT doesnothaveamonopoly (either
partial ortotal), oranyspecial rights orprivileges fortheimport orexport ofanycommodity.
7.Financial orOther Support fromtheState: Employees arepaidbytheState. Otherwise nofinancial
support.
8.Reasons whytheStateowns orhasaParticipation inthisEnterprise: Theintention istoprivatize
thisenterprise. Until then, ARTEKSPORT-IMPORT makes acontribution totheState inthat
anyprofitsrealizedbyARTEKSPORT-IMPORTgototheState,reflectingthefactthattheenterprise
iswholly State-owned.
9.Dataonimports andexports: Seeattached table.
10.Other remarks: Insummary, ARTEKSPORT-IMPORT actsasanagent forAlbanian firms wishing
toimport orexport commodities ofalmost anykind. Italsoparticipates fromtimetotime, and
onanequal basis withprivate firms, intender offers forGovernment procurement.WT/ACC/ALB/13/Add.1
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ARTEKSPORT-IMPORT
IMPORT DATA FOR FIRST 6MONTHS 1996
ASAPERCENTAGE OFTOTAL NATIONAL IMPORTS
Commodity Value 000lek National Total %ofTotal
Food oil 47.0 809.7 5.8
Sugar 58.0 1,932.6 3.0
Glue 10.2 15,126.3 0.06