. /.  WORLD TRADE  
ORGANIZATION   
G/SCM/91/Add.10 
1 November 2012 
 (12-6001) 
Committee on Subsidies  
and Countervailing Measures  
 
 
 
CONTINUATION FOR CALENDAR YEAR 2013 OF EXTENSION UNDER 
SCM ARTICLE 27.4 OF THE TRANSITION PERIOD FOR THE  
ELIMINATION OF EXPORT SUBSIDIES PURSUANT TO THE  
GENERAL COUNCIL DECISI ON OF 27 JULY 2007  
(WT/L/691) 
 
SAINT VINCENT AND THE GRENADINES 
 
Fiscal Incentives Act No. 5 of 1982, as amended  
 
Decision of 23 October 2012 
 
Addendum 
 
 
 The Committee on Subsidies and Countervailing Measures (the "Committee"),  
  Having regard to the "Procedures for Continuation of Extens ions Pursuant to Article 27.4 of 
the SCM Agreement  of the Transition Period under Article 27.2(b) of the SCM Agreement  for Certain 
Developing Country Members" (document WT /L/691), adopted by the General Council on 
27 July 2007 ("the Procedures");   
 
 Taking into account the updating notification for calendar year 2011 submitted by Saint 
Vincent and the Grenadines pursuant to paragraph 1(c) of the Procedures for the Fiscal Incentives 
Act No. 5 of 1982, as amended ("the programme");1   
 
 Recalling that the Committee considered, for purpo ses of the decision in G/SCM/91 taken by 
the Committee on 22 November 2002, Saint Vincent a nd the Grenadines to be a developing country 
Member, whose share of world merchandise export trade was not greater than 0.10 per cent and whose total Gross National Income for the year 2000 as published by the World Bank was at or below 
US$20 billion, and who was otherwise eligible to requ est an extension pursuant to Article 27.4 of the 
Agreement on Subsidies and Countervaili ng Measures ("the SCM Agreement");   
  Taking note that  Saint Vincent and the Grenadines confir ms that the programme has not been 
modified since 1 January 2003 so as to make it mo re favourable in terms of scope, coverage and 
intensity of benefits than it was on 1 September 2001;   
 
 On the basis of  the review by the Committee of the information notified pursuant to 
paragraphs 1(c) and 1(d) of the Procedures to ve rify Saint Vincent and the Grenadines' fulfilment, 
during the period reviewed by the Committee in 2012, of its obligations with respect to the 
                                                      
1 This notification has been circul ated in document G/SCM/N/243/VCT  dated 9 October 2012.   G/SCM/91/Add.10 
Page 2  
 
  programme under the transparency and standstill provis ions as contained in para graphs 2 and 3 of the 
Procedures, in relation to the programme  as in existence on 1 September 2001;   
  Hereby agrees to continue, until 31 December 2013, pursuant to paragraph 1(c) of the 
Procedures, the extension granted in  G/SCM/91, Add.1-9 and Add.9/Corr.1
* of the transition period, 
under Article 27.2(b) of the SCM Agreement , for the elimination of export subsidies which take the 
form of full or partial exemptions from import duti es and internal taxes and which were in existence 
under the programme on 1 Septembe r 2001.  All terms and conditions  and other provisions of the 
Procedures shall apply.  
 
 
 
__________  
                                                      
* In English and Spanish only.