twenty-sixth annual review of the
implementation and operation
of the agreement on implementation of article vii of
the general agreement on tariffs and trade 1994[1]
Article
23 of the Agreement provides that "the Committee shall review annually the
implementation and operation of this Agreement taking into account the
objectives thereof". The main objectives of the Agreement are those listed
in the General Introductory Commentary. The annual review of the Committee
should cover the implementation and operation of the Agreement in the light of
its objectives and specific obligations.
At its meeting of 19 October
2020, the Committee on Customs Valuation conducted the 26th annual review of the implementation and operation
of the Agreement.
[1] This report was adopted by the Committee on Customs Valuation at
its meeting of 19 October 2020.