WORLD TRADE WT/L/211
29April 1997
ORGANIZATION(97-1831)
NICARAGUA -ESTABLISHMENT OFANEW SCHEDULE XXIX
Extension ofTime-Limit
Decision of24April 19971
Considering that,byDecisions of26January 19942,9December 19943,13December 19954,
and18July19965,theapplication oftheprovisions ofArticle IIoftheGATT 1947 wassuspended
toenable theGovernment ofNicaragua toimplement theCentral American Tariff System (SAC) which
isbased ontheHarmonized Commodity Description andCoding System (Harmonized System);
Considering thatthefootnote toAnnex IA,Section onGATT 1994, subparagraph 1(b)(iii)
oftheAgreement Establishing theWorld Trade Organization requires theMinisterial Conference to
establish atitsfirstsession arevised listofwaivers granted under Article XXV ofGATT 1947 and
stillinforce onthedateofentry intoforce oftheWTO Agreement;
Considering thatbyaDecision of31January 19956,theGeneral Council established alist
ofwaivers existing attheentry intoforce oftheWTO Agreement, which included thewaiver granted
Nicaragua fortheestablishment ofanewSchedule XXIX;
Considering thatparagraph 2oftheUnderstanding inRespect ofWaivers ofObligations under
theGeneral Agreement onTariffs andTrade 1994 provides thatanywaiver ineffect onthedateof
entryintoforceoftheWTOAgreementshallterminateunlessextendedinaccordancewiththeprocedures
setoutinparagraph 1oftheaforementioned Understanding andthose ofArticle IXoftheWTO
Agreement onthedateofitsexpiry ortwoyears from thedateofentry intoforce oftheWTO
Agreement, whichever isearlier;
./.
1Adopted inaccordance withtheProcedures onWTO Decision-Making under Articles IXandXIIofthe
WTO Agreement agreed bytheGeneral Council (WT/L/93).
2L/7406.
3L/7600.
4WT/L/119.
5WT/L/168.
6WT/L/3 +Corr.1.WT/L/211
Page2
Taking intoaccount thattheGovernment ofNicaragua hassubmitted thenecessary factual
documentation fortheinitiation ofnegotiations7;
Noting thatoneMember which hasreserved itsrighttoenter intonegotiations inaccordance
withArticle XXVIII hasnotyetsenttheGovernment ofNicaragua anyrequest forclarification inthat
respect;
Considering thatinorder tofulfil theprocedures established bytheCouncil Decision of
12July1993 forrectification andrenegotiation oftheschedules ofconcessions negotiated inGATT
under theHarmonized System andinorder toholdconsultations inconformity withtheprovisions
ofArticle XXVIII, theGovernment ofNicaragua, having fulfilled therequirements oftheUnderstanding
inRespect ofWaivers ofObligations under theGATT 1994, hasrequested afurther extension ofthe
waiver ofitsobligations under Article IIofGATT 19948;
TheGeneral Council, acting pursuant totheprovisions ofArticle IXoftheWTO Agreement,
Decides,inviewoftheexceptionalcircumstances,toextenduntil31October1997thetime-limit
provided forintheDecision of26January 1994.
7G/SECRET/HS/3.
8G/L/166.