WORLD TRADE
ORGANIZATIONG/VAL/14
30 November 1999
(99-5156)
Committee on Customs Valuation
RESERVATION BY GABON UNDER P ARAGRAPH 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 Gabon's reservation under paragraph 2 of Annex III to the
Agreement was adopted by the WTO Committee on Customs Valuation on 12 November 1999.1
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Taking into account Gabon's request for a reservation under Article 21 of the Agreement, and
noting:
- The considerable efforts made by Gabon to apply fully the provisions of the Customs
Valuation Agreement, that its legislation ha s been finalized and that it is ready to
implement the Agreement from 1 January 2000;
- the fact that Gabon is a member of the Customs Valuation Agreement (Article VII of
the GATT 1994) and invoked paragraph 1, Article 20, of that Agreement on
1 January 1995, and is therefore scheduled to apply the provisions of the WTO's
Agreement on Customs Valuation on 1 January 2000;
- the good cause for Gabon's request and its intention to make this reservation on a
limited and transitional basis;
The Committee decides, pursuant to paragraph 2 of Annex III to the Agreement and
paragraph 1 of the Ministerial Decision on Texts relating to Minimum Values and Imports by Sole
Agents, Sole Distributors and Sole Concessionnaires, adopted by the Committee in May 1995, thatGabon may continue to use the officially-established minimum values listed in G/VAL/W/38 for the
valuation for customs purposes of the goods listed in that document until 1 January 2003 according to
the following terms and conditions:
1. Gabon will report at each formal meeting of the Committee on the status of its
implementation of officially-established minimum values for the products listed in G/VAL/W/38;
2. Gabon will not apply minimum values to additional products;3. The Decision shall not prejudice the rights and obligations of Gabon under the WTO
Agreements, in particular those rights and obligations under the Customs Valuation Agreement.
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1 See document G/VAL/M/12 to be issued.