Status Report Regarding Implementation of the Recommendations and Rulings

of the DSB in Chile – Price Band System and Safeguard Measures

Relating to Certain Agricultural Products (WT/DS207)

            Pursuant to Article 21.6 of the Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU), Chile hereby presents a new status report in the dispute Chile – Price Band System and Safeguard Measures Relating to Certain Agricultural Products (WT/DS207).

            As indicated in the previous reports, the new price band system entered into force on 16 December 2003 by Law 19.897 and Supreme Decree No. 831 of the Ministry of Finance, in accordance with the recommendations and rulings of the DSB in the dispute – that is, within the reasonable period of time granted to Chile to implement the said recommendations and rulings, which period expired on 23 December 2003. 

            Since there was disagreement, within the meaning of Article 21.5 of the DSU, as to the consistency of the adopted measures with the recommendations and rulings of the DSB, Argentina and Chile concluded an understanding regarding procedures under Articles 21 and 22 of the DSU, which was circulated in document WT/DS207/16.

            I would be grateful if you could include this status report in the agenda of the next DSB meeting on 23 January.