RESTRICTED  WORLD TRADE  
ORGANIZATION  WT/ACC/CGR/15/Add.1 
3 July 2007 
 (07-2844) 
Working Party on the 
Accession of Montenegro Original:   English 
 
 
 
ACCESSION OF MONTENEGRO 
 
Draft Notification Pursuant to Article XVI:1 of the GATT 1994  
and Article 25 of the Agreement on Subsidies and  
Countervailing Measures  
 
Addendum  
 
 
 The following submission, dated 4 June 2007, is being circulated at the request of the 
Delegation of the Republic of Montenegro. 
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  WT/ACC/CGR/15/Add.1 
Page 2  
 
  The following notification covers state assistance provided from the budget of the Republic 
Montenegro in 2006. 
I. AIDS FOR PRIVATIZATION 
1. Title of the subsidy
 
 Program for restructuring of companies.  
2. Period covered by the notification  
 FY 2006. 3. Policy objective and/or purpose
 
 The program is aimed at supporting the restru cturing of economic entities and modernization 
of their production capacities to attract poten tial investors as well as preparing economic 
entities for successful privatization in the period of transition.  
4. Background authority for the subsidy  
 The Ministry of Economic Development.  5. Form of the subsidy
 
 Loans. 
6. To whom and how the subsidy is provided  
 To 12 economic operators from different sect ors (metal processing, wood processing, paper 
production and publishing, mi ning, rawhide processing). 
7. Subsidy per unit or the total amount or the annual amount budget for subsidy  
 Total amount for year 2006:  €1,263,970.75. 8. Duration of the subsidy
 
 Not specified. 
9. Statistical data permitting an assessmen t of the trade effects on the subsidy  
 Not available.  WT/ACC/CGR/15/Add.1 
 Page 3 
 
 
  II. SUPPORT FOR INDUSTRY OF ELECTRIC MACHINES AND EQUIPMENT 
1. Title of the subsidy  
 Support for industry of electric machines and equipment. 2. Period covered by notification
 
 FY 2006. 
3. Policy objective and/or purpose of the subsidy  
 Aid aimed at restructuring and preparing public enterprise for privatization.  4. Background authority for the subsidy
 
 The Ministry of Economic Development. 5. Form of the subsidy
 
 Favourable loans. 
6. To whom and how the subsidy is provided   
 To electric industry "Obod".  7. Subsidy per unit or the total amount or the annual amount budget for subsidy
 
 Total amount for year 2006:  €3,072,400. 
8. Duration of the subsidy  
 Not specified. 9. Statistical data permitting an assessmen t of the trade effects on the subsidy
 
 Not available. WT/ACC/CGR/15/Add.1 
Page 4  
 
  III. SUPPORT FOR ECONOMIC ACTIVITIES 
1. Title of the subsidy
 
 Program of measures to promote competitiveness of companies. 2. Period covered by the notification
 
 FY 2006. 
3. Policy objective and/or purpose  
 Overall rationale is to increase the competitiveness of companies. 
4. Background authority for the subsidy  
 The Ministry of Economic Development. 5. Form of the subsidy
 
 Grants. 
6. To whom and how the subsidy is provided   
 The subsidies are granted to companies involved in specific activities, thus belonging to an 
economic sector (wood industry, metal processing industry, textile industry, chemical industry). 
7. Subsidy per unit or the total amount or the annual amount budget for subsidy
 
 Total amount for year 2006:  €594,318.15. 8. Duration of the subsidy
 
 Not specified. 9. Statistical data permitting an assessmen t of the trade effects on the subsidy
 
 Not available. 
 
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