. /. RESTRICTED  WORLD TRADE  
ORGANIZATION  WT/REG125/M/2 
8 April 2004  
 
(04-1615) 
Committee on Regional Trade Agreements 
Thirty-Sixth Session Original:   English 
 
 
 
EXAMINATION OF THE FREE TRADE AGREEMENT  
BETWEEN CHILE AND MEXICO 
 
Note on the Meeting of 29 March 2004  
 
Chairman: Dr. V. Notis (Greece) 
 
 
1. The meeting was convened in document WTO/AIR/2276/Rev.1. 
2. Under Agenda Item C.VI of its Thirty-Sixth Session, the Committee on Regional Trade 
Agreements (hereinafter CRTA or the Committee) took up the second round of examination of the 
goods and services aspects of the Free Trade Agreement between Chile and Mexico. 
3. The Chairman  noted that it was the second round of examination of the Agreement.  The 
proceedings of the first round, which took place in April 2003, could be found in document WT/REG125/M/1.  Since then, the Parties had provi ded replies to questions posed by delegations, 
which had been circulated in document WT/REG125/5. 
Goods aspects
 
4. The representative of Chinese Taipei , noted that the provisions of the Agreement on 
emergency action gave discretion to each Party as to whether or not to include the other Party in the 
imposition of global safeguard measures.  He wish ed to know whether there had been any cases where 
the Parties had been exempted from a global safeguard measure. 
5. The representative of the United States  noted that, at the April Session of the Committee, the 
Parties had indicated that the Agreement covered 99 per cent of bilateral trade, but that there were 
some 60 tariff lines not scheduled for elimination.  Sh e recalled the Parties mentioning that they had a 
commitment to review these exemptions as to whethe r they could be further liberalized.  She wished 
to know whether the Parties could provide an update in that respect. 
6. The representative of Chile  said that she would have to verify that point but, to her 
knowledge, if Mexico had been excluded from any gl obal safeguard action by Chile, that would have 
been under Article 9 of the WTO Agreement on Sa feguards and not under the framework of the Free 
Trade Agreement.  With respect to  the question by the United States, she would have to refer to her 
authorities. The representative of Mexico  confirmed that they would submit the reply in writing. 
Services aspects  
7. The representative of Australia  recalled that, at the previous round of examination of the 
Agreement, Chile had reported th at two meetings had taken place  on market access for financial 
services but that at the time no framework had been established on how to proceed.  She asked the Parties whether they could provide an update on that process.  The representative of Chile
 confirmed 
that there had been meetings;  however, no negotiating framework had been defined yet. WT/REG125/M/2 
Page 2  
 
8. The Chairman
 noted that the second round of examination of the goods and services aspects 
of the Agreement had allowed the Committee to clar ify a number of issues .  Nevertheless, some 
outstanding questions remained.  He requested de legations to forward any additional questions in 
writing to the Secretariat by 16 April and the Parti es to submit replies in writing by no later than 28 
May.  He proposed that the factual examination be  considered as complete.  Once replies had been 
circulated, any request for additional information could be dealt with in  writing without holding 
another round of examination.  The Secretariat could then begin drafting the report for this examination. 
9. The Committee took note
 of the comments made. 
 
__________