WT/TPR/OV/1 9/Corr.1  
 
19 December 201 6 
(16-6902) Page: 1/2 
Trade Policy Review Body   
 
 OVERVIEW OF DEVELOPM ENTS  
IN THE INTERNATIONAL  TRADING ENVIRONMENT  
ANNUAL REPORT BY THE  DIRECTOR -GENERAL1 
 
(Mid-October 201 5 to mid -October  2016)  
Corrigendum  
Key findings, second paragraph , should read as follows:  
 
 The latest reporting period shows a fall  in the number of new trade -restrictive measures 
introduced at just over 15 per month – a total of 182 for the reporting period. While this 
represents a reduction in the monthly figure compared to the recent peak in 2015, it is 
actually a return to the tre nd level for new trade restrictions since 2009.  
 
Box 3.1 should read as follows:  
Box 3.1 Trade coverage of the ITA Expansion Agreement  
The review period covered by this report saw the first instances of implementation of the ITA Expansion Agreement.  
Accor ding to very preliminary Secretariat estimates the trade coverage of the import -facilitating measures in the 
context of the ITA Expansion Agreement and recorded in this report amounted to over US$416 billion or around 2.5% 
of the value of total world merch andise imports.a These measures were implemented by Canada ; China ; the European 
Union ; Hong Kong, China; Iceland ; Israel ; Malaysia ; Mauritius ; Montenegro ; New Zealand ; Norway ; Chinese Taipei ; 
Thailand and the United States and are reflected in Annex 1.  
Given the very significant trade coverage value of these measures, they have not been included in the figures 
evaluating the trade coverage of the trade facilitating measures in Section 3.1 as it would distort  the value of any 
comparison with previous reports . 
For more details on the ITA Expansion Agreement see Section 3.9.  
a Calculated at HS six -digit level and using 2015 import figures. Singapore is not included in this 
figure as its tariffs on these products are already zero.  
Source:  WTO Secretariat.  
Table  3.10 should read as follows:  
Table  3.10 Initiations of safeguard investigations  
(number of new investigations)  
Reporting Member  July 2013 - June 2014  July 2014 -June 2015  July 2015 -June 2016  
Chile 0 0 4 
Colombia  4 0 0 
Costa Rica  1 0 0 
                                                
1 This report covers the period mid -October  2015 to mid -October 201 6.  It is presented pursuant to 
Paragraph G of the Trade Policy Review Mechanism mandate and aims to assist the Trade Policy Review Body 
to undertake its annual overview of developments in the international trading environment that are having an 
impact on the multilateral trading system.  The report is issued under the sole responsibility of the 
Director -General.  It has no legal effect on the rights and obligations of Members, nor does it have any legal 
implications with respect to the conformity of any measure noted in the report with any WTO Agreements or 
any provisions thereof.   WT/TPR/OV/1 9/Corr.1  
 
- 2 - 
 
  Reporting Member  July 2013 - June 2014  July 2014 -June 2015  July 2015 -June 2016  
Ecuador  0 1 0 
Egypt 0 3 1 
India 6 1 3 
Indonesia  3 0 1 
Jordan  0 1 0 
Kyrgyz Rep.  1 0 0 
Malaysia  0 1 3 
Morocco  1 1 0 
Philippines  2 0 0 
Saudi Arabia, Kingdom of  0 0 1 
South Africa  0 0 1 
Chinese Taipei  1 0 0 
Thailand  1 0 1 
Tunisia   0 2 1 
Turkey  1 3 0 
Ukraine  0 0 1 
Viet Nam  0 0 2 
Zambia  0 0 1 
Total  21 13   20 
Source:  WTO Secretariat.  
Paragraph 3.181, the last sentence has been deleted and the paragraph should now read as 
follows:  
Dispute Settlement  
3.181   While the high level of dispute settlement activity sho ws that the Membership has 
great confidence in the system, it has resulted in a number of panels not being able to proceed 
immediately after composition as not enough lawyers were immediately available to staff them. An 
increase in the number of staff in t he Rules and Legal Affairs Divisions, as well as collaboration 
between the two divisions, made it possible to assign lawyers, by April 2016, to assist all of the 
panels that were awaiting staff as of October 2015 in accordance with the Director -General's 
announcement to WTO Members. Nevertheless, the continuing establishment and composition of 
panels over the past year has led to new delays with panels not always in a position to proceed 
with their work immediately after composition. As of the end of the re view period, there were 28 
ongoing panel and compliance panel proceedings and three panels at the composition stage. Based 
on the number of cases currently at the panel stage, it is expected that the workload of the 
Appellate Body will increase further and  will remain very high in coming years. The panel report in 
the compliance proceedings in the EC and Certain Member States – Large Civil Aircraft  dispute was 
circulated to WTO Members on 22 September 2016 and appealed in October. Further large appeals 
are expected in 2017, including an appeal in United States – Measures Affecting Trade in Large 
Civil Aircraft (Second Complaint) (Article 21.5) , in which the panel report is expected to be 
circulated in early 2017.  
5 POLICY DEVELOPMENTS IN TRADE AND INTELLE CTUAL PROPERTY  
Paragraph 5.5 , footnote 111, and the source for Table 5.1 should refer to the World Trade 
Statistical Review, 2016.  
Page 113, paragraph 6.43 should refer to Chart 6.6 and not Chart 6.3  
ANNEX 1  
The following confirmed measure should be included after measures of the European Union and 
before th at of Iceland : 
 
Hong Kong, China  
Elimination of import tariffs under the Expansion of the Information 
Technology Agreement (ITA) (352 tariff lines at 8 digit level in HS 
Chapters 32; 35; 37; 39; 49; 84; 85; 88; 90; 95)  WTO document 
G/MA/W/117/Add.9, 
28 January 2016  Effective  
1 July 2016  
 
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