WORLD TRADE
ORGANIZATIONG/C/38
24 October 2003
(03-5640)
Council for Trade in Goods Original:  English
REPORT BY THE PHILIPPINES ON THE PHASING-OUT
OF THE TRIMS NOTIFIED UNDER ARTICLE 5.1 OF THE TRIMS AGREEMENT
The following communication, addressed to the Ch airman of the Council for Trade in Goods
and dated 23 October 2003, has been received from the delegation of the Philippines.
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Pursuant to the decision of 5 November 2001 by  the Council for Trade in Goods (G/L/502), I
have the honour to notify that the TRIMs coveri ng local content and foreign exchange balancing
requirements under the Car Development Program,  the Commercial Vehicle Development Program
and the Motorcycle Development Program, have been eliminated as of 30 June 2003.
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