Committee on Balance of Payments - Notification under Paragraph 9 of the Understanding on the Balance of Payments Provisions of the General Agreement on Tariffs and Trade 1994 - Communication from Ecuador
- Ecuador
- 2010/06/15
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World Trade
Organization WT/BOP/N/76
3 June 2010 (10 3068) Committee on Balance of Payments Original: Spanish
NOTIFICATION UNDER PARAGRAPH 9 OF THE UNDERSTANDING ON THE BALANCE OF PAYMENTS PROVISIONS OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE 1994
Communication from Ecuador
The following communication, dated 2 June 2010, is being circulated at the request of the delegation of Ecuador.
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RESOLUTION No. 566
THE FOREIGN TRADE AND INVESTMENT COUNCIL
WHEREAS:
By Resolution 466 the Foreign Trade and Investment Council (COMEXI) in plenary session approved the application of a balance of payments safeguard in accordance with the provisions of Article XVIII, Section B, of the General Agreement on Tariffs and Trade (GATT) 1947 owing to Ecuador's balance of payments difficulties. Account was also taken of the Understanding on the Balance of Payments Provisions of the General Agreement on Tariffs and Trade 1994 of the World Trade O