G/AG/W/184/Corr.1  
 
20 September  2018 
(18-5861) Page: 1/3 
Committee on Agriculture    
 
POINTS RAISED BY MEM BERS UNDER THE REVIE W PROCESS  
COMPILATION OF QUEST IONS FOR THE MEETING  ON 25-26 SEPTEMBER 2018 
Corrigendum* 
Two questions from the United States of America  (AG-IMS ID 88094 to Thailand and 
AG-IMS ID 88116 to Turkey) , submitted before the deadline 11 September  through  Agriculture 
Information Management System (AG -IMS), were erroneously excluded from 
document  G/AG/W/184 . They should be included in "Section 4 – Other " of G/AG/W/184 . The 
complete set of questions in S ection  4 should  read as follows:  
 
4  OTHER  
4.1.1   India  
AG-IMS ID 88088: Questio n by United States of America  
Export Subsidy - G/AG/W/125/Rev.9/Add.1 and Export Credit - G/AG/W/125/Rev.9/Add.2   
The United States notes that government of India through the Res erve Bank of India (RBI), 
since 2015, has implemented the scheme: Interest Equalization Scheme on Pre and Post Shipment 
Rupee Export Credit for eligible exporters for agricultural products.  The rate of interest equalization 
is 3% and the scheme is available to certain export s, including 24 HS4 digit agricultural and food 
products.  
a. Is RBI lending to exporters of agricultural products while providing at the same time 
interest rate support?  
b. Please explain in further detail how this measure is implemented by RBI, including the 
specific eligibility criteria for payments.   
c. Please explain how this measure complies with India 's WTO commitments, and if directly 
lending is providing by RBI, why  this export financing support activity has not been 
reported as part of the Export Competit ion Questionnaire.  
4.1.2   Indonesia  
AG-IMS ID 88089: Questio n by United States of America  
Export Credit - G/AG/W/125/Rev.8/Add.2  
The United States resubmits AG -IMS ID 87054:   
Please provide responses to the export credit competition questionnaire (ECQ) with re gards to any 
export financing support programmes being operated by the Indonesian government -owned entities 
Lembaga Pembiayaan Ekspor Indonesia (Indonesia EximBank) a nd PT Asuransi Ekspor 
Indonesia  (ASEI)), which are reported in Indonesia's Trade Policy Re view (WT/TPR/S/278/Rev.1). 
                                                
* In English only.  G/AG/W/184/Corr.1  
 
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  According to Indonesia EximBank's annual reports financing for agriculture was USD 764.6 million 
in 2015 and USD 818.7 million in 2016.  
4.1.3   Japan  
AG-IMS ID 88090: Questio n by United States of America  
Export Credit - G/AG/W/125/Rev. 9/Add.2  
Japan noted in response to questions posed by the United States in June that average annual 
repayment term, average premium rates and program me use by year are "unavailable because the 
IT system is not built to extract such data. "What steps is Japa n taking to collect the required 
information?  
4.1.4   Pakistan  
AG-IMS ID 88091: Questio n by United States of America  
Export Credit - G/AG/W/125/Rev.9/Add.2  
The United States notes that on 11 June 2015 Pakistan incorporated the EXIM Bank of Pakistan as 
public limited entity and would provide export credit, supplier's credit, export credit insurance and 
export credit guarantees.  The United States also notes that the State Bank of Pakistan provides re -
financing support to banks on their financing to exporters und er the Export Finance Scheme (EFS) 
and the Islamic Export Refinance Scheme (IERS) for eligible commodities.  
Please explain the basis for not reporting the export financing activities of EXIM Bank of Pakistan 
and the State Bank of Pakistan.  
4.1.5   Paraguay  
AG-IMS ID 88093: Questio n by United States of America  
Export Credit - G/AG/W/125/Rev.9/Add.2  
Paraguay 's National Development Bank (Banco Nacional de Fomento) and the Livestock Fund (Fondo 
Ganadero), which are discussed in Paraguay's Trade Policy Review (WT/TPR/ M/245/Rev.1), appear 
to fall within the definition of Article 1.1(a)1 of the SCM.   
Noting that the scope of the Ministerial Decision on Export Competition  is not limited to 
agricultural -specific programmes, please explain why the National Development Bank and the 
Livestock Fund export financing support activities have not been reported by Paraguay in response 
to the Export Competition Questionnaire.  
 
4.1.6   Thailand  
AG-IMS ID 88094: Question by United States of America  
Export Credit - G/AG/W/125/Rev.9/Add.2  
  
In response to AG -IMS ID 87058 Thailand stated that "The Export Credit and Export Credit 
Guarantee programmes of the Export -Import Bank of Thailand are Self -financing and interest rates 
and conditions are determined by market mechanisms, in line with the Nai robi Decisions."  
  
Noting that the scope of the Ministerial Decision on Export Competition does not exclude export 
financing support  that a Member considers to be "Self -financing," that it is not limited to just 
agricultural -specific programmes, and that t here is no reference to being exempt f rom the 
commitments because of " interest rates and conditions are de termined by market mechanisms,"  
  
On what specific basis does Thailand consider that the Nairobi Decision excludes the Export - Import 
Bank of Thailand 's export financing support activities?    
  G/AG/W/184/Corr.1  
 
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  4.1.7   Turkey  
AG-IMS ID 88116: Question by United States of America  
In the export competition questionnaire, Turkey reported having provided food aid. What is the basis 
for not reporting this food aid in Table ES:3?      
 
 
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