WORLD TRADE
ORGANIZATIONG/ADP/N/1/URY/2/Suppl.1
G/SCM/N/1/URY/1/Suppl.1
21 December 2001
(01-6430)
Committee on Anti-Dumping Practices
Committee on Subsidies and Countervailing MeasuresOriginal:  Spanish
NOTIFICATION OF LAWS AND REGULATIONS UNDER
ARTICLES 18.5 AND 32.6 OF THE AGREEMENTS
URUGUAY
Supplement
The following communication, dated 6 December 2001, has been received from the
Permanent Mission of Uruguay.
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The Permanent Mission of Uruguay to the World Trade Organization (WTO) presents its
compliments to the Central Registry of Notifications of the WTO Secretariat and has the honour to
submit herewith, pursuant to Article 18.5 of the Ag reement on Implementation of Article VI of the
General Agreement on Tariffs and Trade 1994 (Anti-Dumping Agreement) and Article 32.6 of the
Agreement on Subsidies and Countervailing Measures, the text of Decree 470/001, published in the
Official Journal on 5 December 2001.G/ADP/N/1/URY/2/Suppl.1
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OFFICIAL JOURNAL
5 December 2001
Decree 470/001
(Illegible)
MINISTRY OF ECONOMY AND FINANCE
MINISTRY OF FOREIGN AFFAIRS
MINISTRY OF INDUSTRY, ENERGY AND MININGMINISTRY OF LABOUR AND SOCIAL SECURITY
MINISTRY OF LIVESTOCK, AGRICULTURE AND FISHERIES
Montevideo, 4 December 2001
HAVING REGARD TO Law No. 16,671 of 13 De cember 1994 approving the Agreements
signed in the Uruguay Round of multilateral trade negotiations, contained in the Final Act signed in
Marrakesh on 15 April 1994;
WHEREAS the aforesaid agreements include the Agreement on Implementation of Article VI
of the General Agreement on Tariffs and Trade 1994 and the Agreement on Subsidies and
Countervailing Measures;
CONSIDERING that the scope of some of the concepts related to the implementation of the
said trade policy instruments need to specified;
MINDFUL OF THE ABOVE;
THE PRESIDENT OF THE REPUBLIC
HEREBY DECREES:
ARTICLE 1:  For the purpose of implementing the Agreement on Implementation of
Article VI of the General Agreement on Tariffs and Trade 1994 and the Agreement on Subsidies andCountervailing Measures, referred to above, centrally planned economies, regardless of the name by
which they are designated, shall be deemed, subject to contrary evidence, to be those the cost and
pricing structures of which do not reflect market principles, or in which the enterprises of the sector or
industry under investigation have cost and pricing structures which are not determined in accordance
with such principles. Hence, in centrally planned economies, sales of the identical or like product inthe country in question do not reflect the market value or the value of the factors of production used in
manufacturing an identical or like product in a third country with a market economy.
ARTICLE 2:  In order to determine whether an economy is a market economy, the following
criteria, inter alia , shall be taken into account:  the currency of the foreign country under investigation
must be generally convertible on the international currency markets;  salaries in the said foreign
country must be established through free negotiation between workers and employers;  decisions
relating to prices, cost and supply of inputs, including raw materials, technology, production, sales
and investment, in the sector or industry under investigation, must be taken in response to market
signals without any significant State interference;  the industry under investigation must have onlyG/ADP/N/1/URY/2/Suppl.1
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one set of accounting records which it uses for all purposes and which is audited according to
generally accepted accounting criteria;  and the production costs and financial situation of the sector
or industry under investigation must not be distorted in relation to the depreciation of assets, bad
debts, barter trade and debt compensation or other factors considered relevant.
ARTICLE 3:  For transmittal, publication, etc.,
BATLLE, ALBERTO BENSION, DIDIER OP ERTTI, SERGIO ABREU, ALVARO ALONSO,
MARTIN AGUIRREZABALA
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