. /.   WORLD TRADE  
ORGANIZATION  G/SCM/72/Add.5 
20 November 2007 
 (07-5069) 
Committee on Subsidies 
and Countervailing Measures  
 
 
CONTINUATION FOR CALENDAR YEAR 2008 OF EXTENSION UNDER  
SCM ARTICLE 27.4 OF THE TRANSITION PERIOD FOR THE  
ELIMINATION OF EXPORT SUBSIDIES PURSUANT TO THE 
GENERAL COUNCIL DECISION OF 27 JULY 2007 (WT/L/691) 
 
GUATEMALA  
 
Exemption from Company Tax, Customs Duties and Other Import Taxes for  
Companies under Special Customs Regimes  
 
Decision of 25 October 2007 
 
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 request made by Guatemala under paragraph 1(a) of the Procedures1 
and the reference made in that request to the updating notification for calendar year submitted by  
Guatemala pursuant to paragraph 1(d) of the "Procedures for Extensions under Article 27.4 for 
Certain Developing Country Members" (docum ent G/SCM/39 of 20 November 2001), for the 
Exemption from Company Tax, Customs Duties and Other Import Taxes for Companies under 
Special Customs Regimes ("the programme");2 
  Recalling that the Committee considered, for purpo ses of the decision in G/SCM/72 taken by 
the Committee on 22 November 2002, Guatemala to be  a developing country Member, whose share of 
world merchandise export trade was not greater th an 0.10 per cent and whose total Gross National 
Income for the year 2000 as published by the Wo rld Bank was at or below US$20 billion, and who 
was otherwise eligible to request an extension pur suant to Article 27.4 of the Agreement on Subsidies 
and Countervailing Measures ("the SCM Agreement");   Taking note that  Guatemala confirms that the programme has not been modified since 
1 January 2003 so as to make it more favourable in te rms of scope, coverage a nd intensity of benefits 
than it was on 1 September 2001; 
 
 On the basis of  the review of the notified information by the Committee pursuant to 
paragraphs 1(d) and 1(e) of G/ SCM/39 to verify Guatemala's fulfilment, during the period reviewed 
                                                      
1 This request has been circulated in document G/SCM/N/163/GTM dated 20 September 2007. 
2 This notification has been circulated in document G/SCM/N/160/GTM dated 3 July 2007.  G/SCM/72/Add.5 
Page 2  
 
  by the Committee in 2007, of its obligations with  respect to the programme under the transparency 
and standstill provisions as contained in paragra phs 3 and 4 of G/SCM/39,  in relation to the 
programme as in existe nce on 1 September 2001; 
  Hereby agrees to continue, until 31 December 2008, pu rsuant to paragraph 1(b) of the 
Procedures, the extension granted in G/SCM/72 and Add. 1-4 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 duties and inte rnal taxes and which were in existence under the 
programme on 1 September 2001.  All terms and c onditions and other provisions of the Procedures 
shall apply.   
 
 
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