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 - Romania - Decision of 31 July 2001
- Romania
- 2005/08/25
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World Trade
Organization G/L/465
7 August 2001 (01-3920)
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
ROMANIA
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 Romania for an extension of the transition period for five years for certain TRIMs notified under Article 5.1 of the TRIMs Agreement (G/C/W/175);
Taking into account the individual development, financial and trade needs of Romania;