RESTRICTED
WORLD TRADE S/CSC/M/5/Corr.1*
14May 1998
ORGANIZATION
(98-1952)
Committee onSpecific Commitments
REPORT OFTHE MEETING HELD ON2APRIL 1998
Note bytheSecretariat
Corrigendum
Paragraph 3ofdocument S/CSC/M/5 should readasfollows:
"3. Canada thanked theSecretariat forthelarge body oftechnical dataithadgenerated onthe
nomenclature modifications ofCPCrev1andnoted thework would havevalue forMembers asthey
addressed sector-specific issues relating tonomenclature. W/16 seemed overly academic, andthe
conclusion initsfourth paragraph thataswitch toCPCrev1would seemtoofferonlymarginal benefits
waspremature andnotsupported byanyfocused assessment ofthetechnical data.Future work ofthe
Committee inthisareashould address thepractical problems ofnomenclature raised bydelegations
andCPCrev1modifications should beexamined todetermine whether theyprovide anysolutions to
those problems. Canada commented thatthedifficulties withservices dataareuniversally recognized
andthattheapplication ofrev1isbeing examined bytheIMF, OECD andEurostat inthisregard.
Thiswork should betaken intoaccount. Canada acknowledged thatCPCrev1mayhavelessrelevance
intelecom andfinancial services andmentioned energy andtransportation astwopossible areas for
review bytheCommittee".
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*English only.