RESTRICTED
WORLD TRADE WT/COMTD/W/11/Add.1/Corr.1*
28November 1995
ORGANIZATION(95-3782)
Committee onTrade andDevelopment
Fourth Session
17November 1995
NOTES ONTHE PARTICIPATION OFDEVELOPING COUNTRIES
INTHE WORLD TRADING SYSTEM
Note bytheSecretariat
Addendum
Generalized System ofPreferences
Corrigendum
Thefirst indented paragraph should bereplaced with thefollowing:
- Modulated preferences (inplace ofquotas, fixed duty-free amounts orceilings) applicable until
January 1999, unless inexceptional situations thesafeguard clause isapplied. Preference
margins based onthesensitivity oftheproduct: 85percentofthem.f.n. rateforvery sensitive
products; 70percentofthem.f.n. rateforsensitive products; 35percentofthem.f.n. rate
forsemi-sensitive products; duty-free fornon-sensitive products.
*English andSpanish only.