RESTRICTED
WORLD TRADE G/C/W/24
22November 1995
ORGANIZATION(95-3815)
COUNCIL FOR TRADE INGOODS
1December 1995
BOLIVIA -ESTABLISHMENT OFANEW SCHEDULE LXXXIV
Draft Decision onExtension ofTime-Limit
Considering that,theCONTRACTING PARTIES, byaDecision of3December 19921,
suspended application oftheprovisions ofArticle IIofGATT 1947toenable theGovernment ofBolivia
toimplement theNANDINA (Harmonized System) andcarry outnegotiations subsequently;
Taking intoaccount that,bysuccessive decisions, thewaiver granted toBolivia wasextended
to30June19952;
Considering thatBolivia onlybecame aMember oftheWTO on14September 1995andthat,
asaresultthetime-limitofthewaiver,whichexpiredon30June1995,wasnotextendedon1July1995;
Considering thatthefootnote toAnnex IA,Section onGATT 1994, subparagraph 1(b)(iii)
oftheAgreement Establishing theWorld Trade Organization requires theMinisterial Conference to
establish atitsfirstsession arevised listofwaivers granted under Article XXV ofGATT 1947 and
stillinforce onthedateofentry intoforce oftheWTO Agreement;
Considering thatbyaDecision of31January 19953theGeneral Council established alistof
waivers existing attheentry intoforce oftheWTO Agreement, which included thewaiver granted
toBolivia fortheestablishment ofanewSchedule LXXXIV;
Considering thatparagraph 2oftheUnderstanding inRespect ofWaivers ofObligations under
theGeneral Agreement onTariffs andTrade 1994 provides thatanywaiver ineffect onthedateof
entryintoforceoftheWTOAgreementshallterminateunlessextendedinaccordancewiththeprocedures
setoutinparagraph 1oftheaforementioned Understanding andthose ofArticle IXoftheWTO
Agreement onthedateofitsexpiry ortwoyears from thedateofentry intoforce oftheWTO
Agreement, whichever isearlier;
1L/7151.
2L/7594.
3WT/L/3 andCorr.1.
./.G/C/W/24
Page2
Noting thattheGovernment ofBolivia hasprovided theSecretariat oftheWTO withthe
documentation required forrenegotiations under Article XXVIII oftheGeneral Agreement, which
willbedistributed indocument G/SECRET/HS/6;
Considering that,consequently, theGovernment ofBolivia, having fulfilled therequirements
ofparagraph 1oftheUnderstanding inRespect ofWaivers ofObligations under theGATT 1994, has
requested afurther extension ofthewaiver ofitsobligations under Article IIofGATT 1994 until
30June19964;
TheGeneral Council, acting pursuant totheprovisions ofArticle IXoftheWTO Agreement,
Decides, inviewoftheexceptional circumstances, toextend thetime-limit setintheDecision
of3December 1992 until30June1996.
4G/L/15.