Extension of the Transition Period for the Elimination of Trade-Related Investment Measures Notified under Article 5.1 of the Agreement on Trade-Related Investment Measures - Philippines - Decision of 31 July 2001

World Trade Organization G/L/464 7 August 2001 (01-3915) EXTENSION OF THE TRANSITION PERIOD FOR THE ELIMINATION OF TRADE-RELATED INVESTMENT MEASURES NOTIFIED UNDER ARTICLE 5.1 OF THE AGREEMENT ON TRADE-RELATED INVESTMENT MEASURES PHILIPPINES Decision of 31 July 2001 The Council for Trade in Goods Having regard to Article 5.3 of the Agreement on Trade-Related Investment Measures (TRIMs Agreement); Considering that the Council for Trade in Goods may extend the transition period for the elimination of TRIMs notified under Article 5.1 of the TRIMs Agreement for a developing country Member which demonstrates particular difficulties in implementing the provisions of that Agreement; Taking note of the request from the Philippines for an extension of the transition period for five years for certain TRIMs notified under Article 5.1 of the TRIMs Agreement (G/L/325); Considering that the Philippines hereby commits itself to eliminate these r