Committee on Balance of Payments Restrictions - 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
- 2010/08/04
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World Trade
Organization WT/BOP/N/77
27 July 2010 (10 4013) Committee on Balance of Payments Restrictions 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 26 July 2010, is being circulated at the request of the delegation of Ecuador.
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RESOLUTION NO. 580
THE FOREIGN TRADE AND INVESTMENT COUNCIL
WHEREAS:
By virtue of Resolution No. 466, published in the supplement to Official Journal No. 512 of 22 January 2009, the Foreign Trade and Investment Council (COMEXI), in plenary session, approved the application of a safeguard measure for balance of payment purposes, under Article XVIII, Section B, of the General Agreement on Tariffs and Trade (GATT), owing to Ecuador's balance of payments difficulties. Account was also taken of the Understanding on the Balance o