RESTRICTEDWORLD TRADE
ORGANIZATIONWT/BOP/R/42
16 October 1998
(98-3995)
Committee on Balance-of-Payments Restrictions
NOTE ON THE MEETING OF 28 AND 29 SEPTEMBER
1. The Committee met on 28 and 29 September 1998 to hold consultations with Bulgaria under
Article XII:4(b).  Under "Other Business", the Chairman drew the attention of the Members to Sri
Lanka's notification of 15 May (WT/BOP/N/36) that it had disinvoked Article XVIII:B with
immediate effect.
2. The Chairman also drew the attention of the Committee to a request from Bangladesh
(WT/BOP/18) for a postponement of full consultations, due before May 1999, to the year 2000,
because of problems caused by flood devastation.  It was agreed that "simplified" consultations would
take place prior to May 1999 and full consultations in 2000.
3. The Chairman reminded the Committee that during the consultations with Pakistan in
November 1997, the Committee had agreed that the consultations would be deemed to be concluded
provided Pakistan publicly announced, within twelve months, a schedule, taking account of
macroeconomic developments and the interests of trading partners, for the removal of the measures
within a reasonable period of time.  As no time table had yet been submitted, the Committee authorizedthe Chairman to write to the representative of Pakistan to recall what had been agreed.
4. Finally, the Chairman noted that as there were no further meetings scheduled for the rest of the
year, he would, in due course, be circulating a draft of the 1998 Annual Report of the Committee to the
General Council for comment by  the Members.
__________