RESTRICTED
WORLD TRADE G/SG/W/74
5December 1995
ORGANIZATION(95-3955)
Original: Spanish Committee onSafeguards
REPLY FROM PERU CONCERNING QUESTION POSED
BYCANADA1CONCERNING THE NOTIFICATION OFLAWS
AND REGULATIONS UNDER ARTICLE 12.6OFTHE AGREEMENT
Thefollowing communication, dated 15November 1995, hasbeenreceived fromthePermanent
Mission ofPeru.
_______________
InPeru, theUruguay Round Agreements wereapproved byLegislative Resolution No.26407,
of18December 1994, andhavebeeninforce since 1January 1995. These Agreements form part
ofnational legislation. Consequently, theWTO Safeguards Agreement canbeapplied directly. Peru
doesnotcurrently haveanyspecific lawsorregulations onsafeguards.
Theprovisions onSafeguards intheCartagena Agreement andLAIA Resolution No.70only
apply inthecontext ofagreements negotiated within theAndean Group andLAIA. Asiswellknown,
tariff preferences aregranted under these agreements. When Peruapplies asafeguard toaproduct
negotiated inthisframework, thepreference isreduced oreliminated, restoring theruling tariff to
thelevelofMost Favoured Nation (MFN).
Itshould bemade clearthatwithregard tosafeguards, there aretwoclearly-defined contexts
forPeru:
- themultilateral context, which isgoverned bytheWTO Safeguards Agreement. The
preparation ofregulations isunder consideration incaseitisnecessary inorder toapply
thisAgreement and,asregulations obviously cannot conflict withthelawfromwhich
theyderive, theywillnecessarily beinconformity withtheSafeguards Agreement;
and
- regional andsubregional integration, anareagoverned bythesafeguards provisions
oftheAndean Group andLAIA, which areapplied onlytocountries which areparty
tothese integration agreements.
1G/SG/W/56.