RESTRICTED
WORLD TRADE G/TRIMS/N/1/CUB/1
1August 1995
ORGANIZATION(95-2286)
Original: Spanish Committee onTrade-Related Investment Measures
NOTIFICATION UNDER ARTICLE 5.1OFTHE AGREEMENT
ONTRADE-RELATED INVESTMENT MEASURES
Cuba
Thefollowingcommunication,dated18July1995,hasbeenreceivedfromthePermanentMission
ofCuba.1
_______________
(i) Description ofthemeasure anditsmain features
1. Category intheillustrative list:1(a). Decree LawNo.50of15February 1982 establishes
thelegalregime under which economic associations between Cuban andforeign entities maybeset
upinCuban territory. Article 32states thatCuban State enterprises havearightoffirstoption, on
thebasis ofwhich theymayoffer thejointenterprise ortheparties toother forms ofeconomic
association, inthecases laiddown bylaw,internationally competitive prices andother conditions in
connection withthefollowing:
(a) supply offuel,rawandother materials, tools, equipment, spare parts, accessories and
consumer goods;
(b) purchase ofthefinished production ofortheservice provided bytheeconomic
association;
(c) transport andmarine insurance.
2. Application oftheTRIM: Thismeasure isapplied under mandatory legislation.
3. TheTRIM andthecriteria determining itsapplication: Since itwasestablished byDecree
LawNo.50of15February 1982, themeasure hasnotbeenapplied anditsuseisnotenvisaged.
Nevertheless, ifthisTRIM were tobeapplied itwould beonthebasis ofananalysis ofthe
competitiveness oftheproducts andservices offered bynational stateenterprises ascompared with
thesimilar products andservices offered byother countries.
4. Requirements concerning newenterprises ornewinvestments ofexisting enterprises: Itis
ageneral measure applicable toallenterprises setupunder Decree LawNo.50.
1Thereplies inthisnotification follow theorder oftheagreed format fornotifications under Article 5.1,
contained indocument G/TRIMS/1.
./.G/TRIMS/N/1/CUB/1
Page2
5. Compliance withtheTRIM: Inaccordance withDecree LawNo.50,thisTRIM would be
mandatory forallenterprises, without theirobtaining advantages inexchange forcompliance.
6. Detail onspecific products: Nohistory ofapplication.
7. Dateofimplementation: Thismeasure entered intoforceon15February 1982, butithasnever
beenapplied.
8. Phasing-down: TheDecree Lawdoesnotprovide forphasing-down.
9. Law, regulation orguideline: AcopyofDecree LawNo.50promulgated on15February 1982
bytheCouncil ofState oftheRepublic ofCuba isattached.2
10. Level ofgovernment applying theTRIM: Ministry forForeign Investment andCollaboration.
(ii) General information ontheprogramme inquestion:
ThisTRIM wasdesigned aspartofapolicy toencourage foreign investment inorder topromote
national economic development. Adraftlawcurrently being studied could modify thelegalregime
nowinforce and,consequently, introduce changes intheprovisions notified.
2Copies ofthisdocument areavailable forinspection byinterested delegates intheSecretariat (Intellectual
Property andInvestment Division).