RESTRICTED
WORLD TRADE WT/L/139
15March 1996
ORGANIZATION(96-0917)
ASSESSMENT OFADDITIONAL CONTRIBUTION TOTHE 1996 BUDGET
AND ADVANCE TOTHE WORKING CAPITAL FUND:
ACCESSION OFSAINT KITTS AND NEVIS TOTHE WTO
Note bytheDirector-General
1. Upon theaccession totheWTO ofSaint Kitts andNevis on21February 1996 (document
WT/Let/58), itisproposed thataproratacontribution tothe1996budget amounting toSwF29,241
beassessed onthisGovernment. Thisassessment, calculated asfrom21February 1996, isbased on
anannual contribution of0.03percent, taking intoaccount theinternational trade figures (imports
plusexports ingoods, services andintellectual property rights) ofSaint KittsandNevis fortheyears
1991-1993.
2. Inconformity withtheWTO Financial Regulations governing theuseoftheWorking Capital
Fund, anygovernment acceding totheWTO shallmake anadvance totheFund inaccordance with
thescaleofcontributions applicable tothebudget fortheyearofitsaccession. Theminimum advance
totheWorking Capital Fund amounts to0.5percentoftheprincipal oftheFund forcountries or
separate customs territories whose share ofthetotaltrade ofMember is0.5percentorless. Such
advances shallbecarried tothecredit oftheMembers which havemade them.
3. OnthebasisoftheleveloftheWorking Capital FundofSwF6,476,892 on21February 1996,
itisproposed toassess anamount ofSwF32,384 ontheGovernment ofSaint KittsandNevis asan
advance totheFund.
POINTS FOR DECISION: Paragraph 1
Paragraph 3