NOTIFICATION TO THE COUNCIL FOR TRADE IN GOODS OF THE RESULTS
OF THE CONSULTATIONS REFERRED TO IN ARTICLE 12.5
OF THE AGREEMENT ON SAFEGUARDS

Argentina and Costa Rica

The following communication, dated 30 March 2015, is being circulated at the request of the delegations of Argentina and Costa Rica.

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In accordance with the obligations laid down in Article 12.5 of the Agreement on Safeguards to notify the Council for Trade in Goods immediately of:

a.      the results of the consultations held with Members having a substantial interest as exporters of the product concerned, prior to the application of a safeguard measure, as referred to in Article 12.3; and

b.     the means of compensation to interested Members, as referred to in Article 8.1 of the Agreement on Safeguards;

and based on the agreed format for notifications (G/SG/1/Rev.1), Argentina and Costa Rica hereby submit the following joint notification to the Council for Trade in Goods.

1  PROVISION UNDER WHICH CONSULTATIONS WERE HELD

Costa Rica and Argentina held consultations under Article 12.3 of the Agreement on Safeguards.

2  WTO DOCUMENT THAT NOTIFIED THE SAFEGUARD ACTION REGARDING WHICH CONSULTATIONS WERE HELD

The safeguard measure imposed by Costa Rica on imports of pounded rice (Central American Harmonized System (SAC) tariff subheadings 1006.30.90.91 and 1006.30.90.99) was notified to the Committee on Safeguards and circulated to all WTO Members in notification G/SG/N/10/CRI/1.

3  MEMBERS INVOLVED IN THE CONSULTATIONS AND TIME PERIOD DURING WHICH CONSULTATIONS WERE HELD

Costa Rica and Argentina held consultations between 27 January and 9 March 2015.

4  RESULTS OF THE CONSULTATIONS

As a result of the consultations, Costa Rica and Argentina reached a trade compensation arrangement satisfactory to both parties.

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