. /.RESTRICTEDWORLD TRADE
ORGANIZATIONG/VAL/W/55/Add.1
28 February 2000
(00-0723)
Committee on Customs Valuation
STATEMENT BY URUGUAY REQUESTING A
DEROGATION ON MINIMUM VALUES
Addendum
Draft Decision
The General Council,Having regard to  paragraphs 1 and 3 of Article IX of the Marrakesh Agreement Establishing
the World Trade Organization (the "WTO Agreement" ), the Guiding Principles to be followed in
considering applications for waivers 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,paragraph 3 of Article IX of the WTO Agreemen t, and Decision-Making Procedures under Articles
IX and XII of the WTO Agreement 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;
Taking note  of Uruguay's request for a reservation under paragraph 2, Annex III of the
Agreement;
Considering :
- that Uruguay is a Member to the WTO Agreement on Implementation of Article VII of the
General Agreement on Tariffs and Trade 1994 (Customs  Valuation Agreement) and invoked
paragraph 1, Article 20 of that Agreement on 1 January 1995, and was therefore scheduled to
apply the provisions of the Agreement on 1 January 2000;
- the considerable efforts made by Uruguay to fully apply the provisions of the Customs
Valuation Agreement and that in all other regards Uruguay has implemented the Agreement
from 1 January 2000;
- the good cause for Uruguay's request as set out in G/VAL/W/55 and its intention to make this
reservation on a limited and transitional basis;
- this reservation to maintain minimum values will apply only to the products identified in
Annex I and Uruguay's indication that this would be a single request to maintain minimum
values;
- the procedures set out in paragraphs 3 and 4 of Section B.1 of G/VAL/5;
Noting  that, in light of the foregoing, the exceptional circumstances justifying a waiver from
Article 7 of the Agreement on Implementation of Article VII of the General Agreement on Tariffs and
Trade 1994;G/VAL/W/55/Add.1
Page 2
Decides  as follows:
1. Subject to the terms and conditions set out hereunder, Uruguay may use the officially-
established minimum values for the products li sted in Annex I for the valuation for customs
purposes of the goods listed in that document until no later than 1 January 2001;
2. Uruguay will not apply minimum values to additional products;3. Uruguay will report to the Council on Trade in Goods by 30 September 2000 on the status of
its implementation of officially-established minimum values for the products listed in Annex
I; and
4. This Decision shall not prejudice the rights and obligations of Uruguay under the WTO
Agreements, in particular those rights and obligations under the Customs Valuation
Agreement.
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