[World Trade]{.smallcaps} **G/ADP/N/1/ARG/1/Suppl.1**

**G/SCM/N/1/ARG/1/Suppl.1**

19 March 1996

[Organization]{.smallcaps}

(96-0963)

Original: Spanish

**Committee on Anti-Dumping Practices**

**Committee on Subsidies and Countervailing Measures**

[NOTIFICATION OF LAWS AND REGULATIONS UNDER]{.underline}

[ARTICLES 18.5 AND 32.6 OF THE AGREEMENTS]{.underline}

[ARGENTINA]{.underline}

[Supplement]{.underline}

The following communication, dated 4 March 1996, has been received from
the Permanent Mission of Argentina.

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

[Law No. 24,245]{.underline}

Approving the Final Act Embodying the Results of the Uruguay Round of
Multilateral Trade Negotiations; the Ministerial Decisions and
Declarations and Understandings and the Marrakesh Agreement.

Adopted: 7 December 1994

Enacted: 23 December 1994

The Senate and Chamber of Deputies of the Argentine Nation, meeting in
Congress, etc., approve with the force of law:

Article 1. The Final Act Embodying the Results of the Uruguay Round of
Multilateral Trade Negotiations; the Ministerial Decisions and
Declarations and Understandings and the Marrakesh Agreement Establishing
the World Trade Organization and its four (4) annexes, signed in
Marrakesh, Kingdom of Morocco, on 15 April 1994 is hereby adopted and an
authenticated photocopy forms part of this Law.

Article 2. For communication to the National Executive. - ALBERTO R.
PIERRI. - ORALDO BRITOS. - Esther H. Pereyra Arandia de Pérez Pardo. -
Edgardo Piuzzi.

Done in the Chamber of the Argentine Congress, Buenos Aires, on 7
December 1994.

[FINAL ACT EMBODYING THE RESULTS OF THE URUGUAY ROUND]{.underline}

[OF MULTILATERAL TRADE NEGOTIATIONS]{.underline}

1\. Having met in order to conclude the Uruguay Round of Multilateral
Trade Negotiations, representatives of the governments and of the
European Communities, members of the Trade Negotiations Committee,
*agree* that the Agreement Establishing the World Trade Organization
(referred to in this Final Act as the \"WTO Agreement\"), the
Ministerial Declarations and Decisions, and the Understanding on
Commitments in Financial Services, as annexed hereto, embody the results
of their negotiations and form an integral part of this Final Act.

2\. By signing the present Final Act, the representatives *agree*:

(a)To submit, as appropriate, the WTO Agreement for the consideration of
their respective competent authorities with a view to seeking approval
of the Agreement in accordance with their procedures; and

(b)to adopt the Ministerial Declarations and Decisions.

3\. The representatives *agree* on the desirability of acceptance of the
WTO Agreement by all participants in the Uruguay Round of Multilateral
Trade Negotiations (hereinafter referred to as \"participants\") with a
view to its entry into force by 1 January 1995, or as early as possible
thereafter. Not later than late 1994, Ministers will meet, in accordance
with the final paragraph of the Punta del Este Ministerial Declaration,
to decide on the international implementation of the results, including
the timing of their entry into force.

4\. The representatives *agree* that the WTO Agreement shall be open for
acceptance as a whole, by signature or otherwise, by all participants
pursuant to Article XIV thereof. The acceptance and entry into force of
a Plurilateral Trade Agreement included in Annex 4 of the WTO Agreement
shall be governed by the provisions of that Plurilateral Trade
Agreement.

5\. Before accepting the WTO Agreement, participants which are not
contracting parties to the General Agreement on Tariffs and Trade must
first have concluded negotiations for their accession to the General
Agreement and become contracting parties thereto. For participants which
are not contracting parties to the General Agreement as of the date of
the Final Act, the Schedules are not definitive and shall be
subsequently completed for the purpose of their accession to the General
Agreement and acceptance of the WTO Agreement.

6\. This Final Act and the texts annexed hereto shall be deposited with
the Director-General to the CONTRACTING PARTIES to the General Agreement
on Tariffs and Trade who shall promptly furnish to each participant a
certified copy thereof.

DONE at Marrakesh this fifteenth day of April one thousand nine hundred
and ninety-four, in a single copy, in the English, French and Spanish
languages, each text being authentic.

[MINISTERIAL DECISIONS, DECLARATIONS AND UNDERSTANDING]{.underline}

[DECISION ON MEASURES IN FAVOUR OF]{.underline}

[LEAST-DEVELOPED COUNTRIES]{.underline}

*Ministers,*

*Recognizing* the plight of the least-developed countries and the need
to ensure their effective participation in the world trading system, and
to take further measures to improve their trading opportunities;

*Recognizing* the specific needs of the least-developed countries in the
area of market access where continued preferential access remains an
essential means for improving their trading opportunities;

*Reaffirming* their commitment to implement fully the provisions
concerning the least-developed countries contained in paragraphs 2(d), 6
and 8 of the Decision of 28 November 1979 on Differential and More
Favourable Treatment, Reciprocity and Fuller Participation of Developing
Countries;

*Having regard* to the commitment of the participants as set out in
Section B(vii) of Part I of the Punta del Este Ministerial Declaration;

1\. *Decide* that, if not already provided for in the instruments
negotiated in the course of the Uruguay Round, notwithstanding their
acceptance of these instruments, the least-developed countries, and for
so long as they remain in that category, while complying with the
general rules set out in the aforesaid instruments, will only be
required to undertake commitments and concessions to the extent
consistent with their individual development, financial and trade needs,
or their administrative and institutional capabilities. The
least-developed countries shall be given additional time of one year
from 15 April 1994 to submit their schedules as required in Article XI
of the Agreement Establishing the World Trade Organization.

2\. *Agree* that:

(i)Expeditious implementation of all special and differential measures
taken in favour of least-developed countries including those taken
within the context of the Uruguay Round shall be ensured through, *inter
alia*, regular reviews.

(ii)To the extent possible, MFN concessions on tariff and non-tariff
measures agreed in the Uruguay Round on products of export interest to
the least-developed countries may be implemented autonomously, in
advance and without staging. Consideration shall be given to further
improve GSP and other schemes for products of particular export interest
to least-developed countries.

(iii)The rules set out in the various agreements and instruments and the
transitional provisions in the Uruguay Round should be applied in a
flexible and supportive manner for the least-developed countries. To
this effect, sympathetic consideration shall be given to specific and
motivated concerns raised by the least-developed countries in the
appropriate Councils and Committees.

(iv)In the application of import relief measures and other measures
referred to in paragraph 3(c) of Article XXXVII of GATT 1947 and the
corresponding provision of GATT 1994, special consideration shall be
given to the export interests of least‑developed countries.

(v)Least-developed countries shall be accorded substantially increased
technical assistance in the development, strengthening and
diversification of their production and export bases including those of
services, as well as in trade promotion, to enable them to maximize the
benefits from liberalized access to markets.

3\. *Agree* to keep under review the specific needs of the
least-developed countries and to continue to seek the adoption of
positive measures which facilitate the expansion of trading
opportunities in favour of these countries.