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
World Trade Organization WT/BOP/N/77 27 July 2010 (104013) Committee on BalanceofPayments Restrictions Original: Spanish NOTIFICATION UNDER PARAGRAPH 9 OF THE UNDERSTANDING ON THE BALANCEOFPAYMENTS 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. _______________ 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 balanceofpayment purposes, under Article XVIII, Section B, of the General Agreement on Tariffs and Trade (GATT), owing to Ecuador's balanceofpayments difficulties. Account was also taken of the Understanding on the Balanceo