Committee on Customs Valuation - Seventeenth annual review of the implementation and operation of the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 - Note by the Secretariat
World Trade Organization G/VAL/67 12 December 2011 (11-6443) Committee on Customs Valuation SEVENTeenth ANNUAL REVIEW OF THE IMPLEMENTATION AND OPERATION OF THE AGREEMENT ON IMPLEMENTATION OF ARTICLE VII OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE 1994 Note by the Secretariat 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". At its meeting on 4 November 2010, the Committee on Customs Valuation conducted the sixteenth annual review of the implementation and operation of the Agreement. The contents of this document are as follows: Page I. MEMBERS, DELAYED APPLICATIONS, RESERVATIONS AND OBSERVER STATUS 3 A. WTO Members (153) 3 B. Delayed Application and Reservations 4 1. Article 20.1 (delayed application of the provisions of the Agreement) 4 2. Article 20.2 (delayed application of the computed value method) 4 3.