. /.RESTRICTEDWORLD TRADE
ORGANIZATIONG/C/W/343
20 November 2001
(01-5885)
Council for Trade in Goods Original:  Spanish
COLOMBIA – EXTENSION OF THE APPLICATION OF ARTICLE 5.2
OF THE AGREEMENT ON TRADE-RELATED
INVESTMENT MEASURES
The following communication, dated 19 November 2001, has been received from the
Permanent Mission of Colombia.
_______________
Pursuant to the notification made by Colombia dated 5 November 2001 and circulated as
document G/C/W/340, please find attached the draft decision which supplements my Government's
request for a waiver concerning the implementati on of Article 5.2 of the Agreement on Trade-Related
Investment Measures in the case of beans classified under tariff subheadings 0713319000,
0713329000, 0713339000 and 0713399000.
With the dispatch of the draft decision, in Spanish and in English, I duly request that a
meeting of the Council for Trade in Goods be conven ed in conformity with the appropriate procedures
so as to consider the above-mentioned request.  I should like to thank the Secretariat in advance for
the revision and circulation of the draft decision in the three official languages within the legally
established time-limits.G/C/W/343
Page 2
COLOMBIA – EXTENSION OF THE APPLICATION OF ARTICLE 5.2
OF THE AGREEMENT ON TRADE-RELATED
INVESTMENT MEASURES
REQUEST FOR A WAIVER
Draft Decision
Decision of ( … ) 20011
Having regard  to paragraphs 1, 3 and 4 of Article IX of the Marrakesh Agreement
Establishing the World Trade Organization (the "WTO Agreement"), the Guiding Principles to be
followed in considering application for waiver s adopted on 1 November 1956 (BISD 5S/25), the
Understanding in Respect to Waivers of Obligations under the General Agreement on Tariffs and
Trade 1994, and Decision – Making Procedures under Articles IX and XII of the WTO Agreement as
agreed by the General Council (WT/L/93),
Conducting  the function of the Ministerial Conference in the interval between meetings
pursuant to paragraph 2 of Article IV of the WTO Agreement,
Noting  that Colombia has committed itself to eliminate its remaining TRIMs,
Taking note  of the request from Colombia for a waiver of the requirements of Article 5.2 of
the TRIMs Agreement until 31 December 2003 with respect to the TRIM applied to beans
(G/C/W/340),
Considering  that in support of this request Colombia has submitted a description of the steps
it has taken to date and/or will take to eliminate its remaining TRIMs;  a reasonable phase-out plan for
eliminating these TRIMs no later than 31 December 2003, taking into account its development,
financial and trade needs;  and a commitment to submit periodic reports to the Council for Trade in
Goods on the progress it makes in phasing out its remaining TRIMs (G/C/W/296 and Corr.1, and
G/C/W/340),
Decides  as follows:
1. Article 5.2 of the TRIMs Agreement shall be waived until 31 December 2003 in respect of the
application of the TRIM described in G/C/W/296 to the products identified in G/C/W/340,
subject to Colombia meeting the agreed terms of its phase-out plan;
2. Colombia shall report by 31 December 2002 to the Council for Trade in Goods on the
progress it makes in phasing out its remaining TRIMs.
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1 Adopted in accordance with the Decision-Makin g procedures under Article IX of the WTO
Agreement, as agreed by the General Council (WT/L/93).