WORLD TRADE
ORGANIZATIONG/VAL/26
18 May 2000
(00-2029)
COLOMBIA - RESERVATION UNDER PARAGRAPH 2, ANNEX III OF
THE AGREEMENT ON IMPLEMENTATION OF ARTICLE VII OF
THE GENERAL AGREEMENT ON TARIFFS AND TRADE 1994
Decision
The following Decision concerning the reserve by Colombia under paragraph 2 of Annex III
of the Agreement was adopted by the Committee on Customs Valuation on 10 May 20001.
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Taking into account Colombia’s request for reservation under paragraph 2 of
Annex III of the Agreement on Implementation of Article VII of the General Agreement on Tariffs
and Trade 1994 (Customs Valuation Agreement);
Noting:
- that Colombia was a contracting party 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 30 April 1995, and is therefore
scheduled to apply the provisions of the Agreement on 30 April 2000;
- the considerable efforts made by Colombia to apply fully the provisions of the Customs
Valuation Agreement, that in all regards Colombia will implement fully the Customs
Valuation Agreement from 30 April 2000;
- the good cause for Colombia’s request as set out in G/VAL/W/53/Add.1 and
G/VAL/W/53/Add.2 and its intention to make this reservation on a limited and transitional
basis;
- that Colombia will implement and apply by 1 January 2001 Paragraph 2 of the decision on the
Valuation of Carrier Media Bearing Software for Data Processing Equipment2;
- that Colombia does not use, and plans not to use, preshipment inspections services for
purposes of customs valuation;
- that this reservation to maintain minimum values will apply only to the products identified in
Annex I, Annex II and Annex III, and Colombia’s indication that this would be a single
request to maintain minimum values;
the Committee decides pursuant to paragraph 2 of Annex III of the Agreement and paragraph 1 of the
Ministerial Decision on Texts Relating to Minimum Values and Imports by Sole Agents, Sole
Concessionaires, adopted by the Committee in May 1995, that Colombia may continue to use
                                                     
1 See document G/VAL/M/14 to be issued.
2 G/VAL/5G/VAL/26
Page 2
officially-established minimum values for the valuation for customs purposes until 30 April 2001 for
the goods listed in Annex I, until 30 April 2002 for the goods listed in Annex II and until
30 April 2003 for the goods listed  in Annex III according to the following terms and conditions:
1. Colombia will report at each formal meeting of the Committee on the status of its
implementation of officially-established minimum valu es for the products listed in Annex I, II and III;
2. Colombia will not apply minimum values to additional products;3. Colombia will, by 3 July 2000, notify the Committee on Customs Valuation the sources of
data, methodologies, including criteria, and other relevant information for determining the minimum
values for the products listed in the attached Annexes.
4. Colombia will notify the Committee on Customs Valuation of any amendments or changes to
the above-mentioned data sources and methodologies, including criteria and other relevant
information, 30 days before implementing such chan ges, and will not apply such changes to imports
entering its customs territory prior to the completion of this 30 day notification period.
5.  This Decision shall not prejudice the rights and obligations of Colombia under the WTO
Agreements, in particular those rights and obligations under the Customs Valuation Agreement.G/VAL/26
Page 3
Annex I
Products For Which Minimum Values Are Allowed Until 30 April 2001
5208.12 5208.19 5208.22 5208.29
5208.31 5208.32 5208.33 5208.39
5208.42 5208.43 5208.49 5208.51
5208.52 5208.59 5209.12 5209.31
5209.32 5209.39 5209.41 5209.42
5209.51 5209.59 5210.21 5210.31
5210.39 5210.41 5210.49 5210.59
5211.31 5211.32 5211.39 5211.415211.42 5211.43 5211.49 5211.51
5211.59 5212.13 5212.14 5212.23
5212.24
6403.59
8701.20 8702.10 8703.22 8703.238703.24 8704.23 8705.40
Annex II
Products For Which Minimum Values Are Allowed Until 30 April 2002
0202.10 0207.32 0405.10 0405.90
0406.20 0406.30 0406.90 1001.90
1205.00 1504.20 1507.90 1514.10
1514.90 2009.11 2304.006401.10 6401.92 6401.99 6402.19
6402.20 6402.91 6402.99 6403.19
6403.51 6403.91 6403.99 6404.11
6404.19 6404.20 6405.10 6405.20
6405.90
Annex III
Products For Which Minimum Values Are Allowed Until 30 April 2003
0203.29 0207.11 0207.12 0207.14
0207.24 0207.25 0402.21 0406.100713.31 0713.32 0713.33 0713.39
1001.10 1003.00 1005.90 1006.10
1006.30 1007.00 1101.00 1201.00
1206.00 1208.10 1502.00 1507.10
1508.10 1511.10 1511.90 1512.111512.19 1512.21 1512.29 1513.11
1513.19 1515.11 1515.21 1515.29
1701.11 1701.99
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