WORLD TRADE
ORGANIZATIONWT/REG54/2
14 October 1998
(98-3954)
Committee on Regional Trade Agreements
FREE TRADE AGREEMENT BETWEEN HUNGARY AND ISRAEL
Terms of Reference of the Examination
Terms of Reference adopted on 21 April 1998
"to examine, in light of the relevant provisions of the GATT 1994, the Free Trade Agreement
between Hungary and Israel and to submit a report to the Council for Trade in Goods".
Understanding read out by the Chairm an of the Council for Trade in Goods
at its meeting of 21 April 1998
It is understood that the understanding read out by the Chairman of the Council for Trade in
Goods under item 7 of the Agenda of the meeting of the Council for Trade in G oods on
20 February 1995, as contained in document WT/REG3/1, will apply mutatis mutandis  to this
examination.  It is also understood that, during the examination, due account will be taken of the
intrinsic differences between customs unions and free-trade areas.
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