WORLD TRADE
ORGANIZATIONWT/DS207/15
22 September 2003
(03-5070)
Original:  Spanish
CHILE – PRICE BAND SYSTEM AND SAFEGUARD MEASURES
RELATING TO CERTAIN AGRICULTURAL PRODUCTS
Status Report by Chile
The following communication, dated 19 September 2003, from the Permanent Mission of
Chile to the Chairman of the Dispute Settlement Body, is circulated pursuant to Article 21.6 of the
DSU.
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Status Report Regarding Implementation of the
Recommendations and Rulings of the DSB in
Chile – Price Band System and Safeguard Measures
Relating to Certain Agricultural Products  (WT/DS207)
Pursuant to Article 21.6 of the Understanding on Rules and Procedures Governing the
Settlement of Disputes (DSU), Chile presents this first status report on progress in the implementation
of the recommendations or rulings in Chile – Price Band System and Safeguard Measures Relating to
Certain Agricultural Products .
At its meeting on 23 October 2002, the Dispute Settlement Body (DSB) adopted the reports
of the Appellate Body and the report of the Panel, as amended by the Appellate Body's report, in this
dispute.  It was determined by arbitration under Article 21.3(c) of the DSU that the "reasonable period
of time" for Chile to implement the recommendations  and rulings of the DSB in this case would end
on 23 December 2003.
At the Government's request, the National Congress approved a draft law this past August
with a view to making legal adjustments in regard to the price band system provided for in Article 12
of Law No. 18.525.  The draft has not been published, pending the issuing of the Regulationestablished in Article 1.10 of the approved law.  Once this Supreme Decree has been issued, the law
will be enacted and published, and will enter into force, pursuant to its first transitional article, on
16 December 2003 in respect of the products at issue in this dispute, that is, before the end of the
reasonable period of time for compliance established in the arbitral award.
Lastly, Chile wishes to emphasize that the law approved by the Congress does not include
edible vegetable oils and oilseeds, which will hence no longer be subject to the price band system.
I would be grateful if you would include this status report in the agenda of the next DSB
meeting on 2 October.
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