WORLD TRADE  
ORGANIZATION  G/VAL/W/155 
26 September 2006 
 
 (06-4575) 
Committee on Customs Valuation  
  
 
DRAFT 
 
REPORT (2006) OF THE COMM ITTEE ON CUSTOMS VALUATION 
TO THE COUNCIL FOR TRADE IN GOODS 
 A. B
ACKGROUND  
1. The Agreement on Implementation of Article VII of the General Agreement on Tariffs and 
Trade 1994 (the Agreement) entered into force on 1 Ja nuary 1995.  This report covers the year 2006.  It 
addresses the work undertaken by the Committee on Customs Valuation (the Committee) in respect of 
the objectives of the Agreement, which are: to provide greater uniformity and certainty in the 
implementation of the provisions of Article VII of the GATT 1994;  to esta blish a fair, uniform and 
neutral system for the valuation of goods for custom s purposes that precludes the use of arbitrary of 
fictitious customs values;  to ensure  that the basis for valuation of goods for customs purposes should, to 
the greatest extent possible, be the transaction valu e of the goods being valued;  and to secure additional 
benefits for the international trade of developing countries. 
 
2. During the period under consideration, the Committee has held two formal meetings, on 
25 April (G/VAL/M/41) under the Chairmanship of Mr. Jooha Woo (Korea), and 6 October 
(G/VAL/M/42 to be issued) under the Chairmanship of Ms. Diana Reaich (New Zealand).  At the 
meeting of 25 April 2006, the Comm ittee elected Ms. Diana Reaich (N ew Zealand) as Chairperson for 
2006-2007.    
 
3. Participation in the Committee is open to all WTO Members.  In additi on, Governments granted 
observer status by the WTO Gene ral Council attended Committee mee tings as observers.  At the 
April 1997 meeting, the Committee granted observer  status to those orga nizations which had had 
observer status on an ad hoc  basis, namely UNCTAD and the WCO, as well as to the ACP and the 
IADB.   The Committee took note of the fact that the World Bank and the IMF had observer status by 
virtue of the Agreements between these organizations and the WTO. 
 4. The Committee's rules of procedure, which we re approved by the Council for Trade in Goods, 
are contained in G/L/146.  
B. I
MPLEMENTATION OF THE AGREEMENT  
5. During the period under review, no devel oping country Members maintained delayed 
application of the provisions of the Agreement in ac cordance with the provision s of Article 20.1 of the 
Agreement.  At circulation of th is report, no Member maintains an extension of the delay period in 
accordance with the provisions of paragraph 1, Annex III. Understanding has been reached in the 
Committee that the texts of the national legislation of these developing country Members will be 
supplied to the Committee before the developing co untry Members begin applying the provisions of the 
Agreement (G/VAL/5, para. B.2(ii)).  In addition, at circulation of the report, one Member (Senegal) 
maintains a reservation granted under Article IX of  the WTO Agreement for application of minimum 
values.   G/VAL/W/155 
Page 2  
 
  6. To date, 73 Members have notified their nati onal legislation on customs valuation (this figure 
includes the 14 Members which have submitted comm unications indicating that their legislation notified 
under the Tokyo Round Customs Valuation Agreem ent remained valid under the WTO Customs 
Valuation Agreement and does not include the 25 indi vidual EC Members).  51 Members have not yet 
made any notification  (See Annex).   
 
C. 
ACTIVITIES OF THE COMMITTEE  
7. At the meeting on 25 April 2006, the Committee: 
• concluded its examination of the legislation of India and Mexico.  It agreed to revert to the 
examination of the legislation of Thailand at the next meeting;   
• took note of the information in document G/VAL/ 2/Rev.22 which contained a list of Members 
having invoked the special and differential provisi ons of the Customs Valuation Agreement.  It 
also took note of document G/VAL/W/76/Add.11 which informed Members that all extensions 
of the paragraph 1, Annex III delay period and para graph 2, Annex III reserv ations had expired;   
• held a first discussion on a complaint from Panama on certain customs measures applied by 
Colombia to imports of goods from Panama and other WTO Members; 
• took note of the information presented regarding technical assistance activities on customs 
valuation held thus far in 2006; 
• took note of the eight documents containing the Annual Reviews, namely G/VAL/W/29, 
G/VAL/W/43, G/VAL/W/77, G/VAL/W/89, G/VAL/W/108, G/VAL/W/124, G/VAL/W/136, 
and G/VAL/W/150 and agreed to revert to this item at the next meeting; 
• agreed to carry out the Review of the PSI  Agreement in the Committee and to request 
Members to make submissions for this Review for the next meeting; 
• hearing the report from the Chairman info rming Members that he had carried out 
consultations on paragraph 8.3 of the Deci sion on Implementation-Related Issues and 
Concerns and that no new developments had be en made in the matter, agreed that the 
incoming Chair would continue consultations and that the Committee would revert to the 
matter at the next meeting of the Committee; 
• elected Ms. Diana Reaich (New Zealand) as its Chair for 2006-2007.  
 
[9. At the meeting on 6 October 2006:   To be completed following the meeting.    G/VAL/W/155 
 Page 3 
 
 
  ANNEX1 
 
Notifications  
 
Members Members who have 
indicated their 
legislation remains valid 
under the WTO 
Committee 
(G/VAL/M/1) Members who have 
submitted their legislation or 
amendments under Articles 
22.1 and 22.2 of the 
Agreement Members who have 
submitted their replies to the 
Checklist of Issues 
(G/VAL/5) Members who are 
delaying application 
of the Agreement 
under Article 20.1 or 
para. 1, Annex III of 
the Agreement or 
Article IX of the 
WTO Agreement 
Albania N/A G/VAL/N/1/ALB/1   
Angola N/A    
Antigua & Barbuda N/A    
Argentina G/VAL/N/1/ARG/1 VAL/1/Add.22 + Suppl. 1-4 
+Suppl. 2/Rev.1 VAL/2/Rev.2/Add.4  
Armenia  G/VAL/N/1/ARM/1 G/VAL/N/2/ARM/1  
Australia G/VAL/N/1/AUS/1 VAL/1/Add.14 + Suppl. 1-4 
G/VAL/N/1/AUS/2 VAL/2/Rev.1/Add.12 + 
Suppl.1  
Bahrain N/A    
Bangladesh N/A    
Barbados N/A    
Belize N/A    
Benin N/A    
Bolivia N/A G/VAL/N/1/BOL/1   
Botswana  VAL/1/Add.16   
Brazil G/VAL/N/1/BRA/1 VAL/1/Add.20 + Suppl.1 
G/VAL/N/1/BRA/2 and 3 VAL/2/Rev.2/Add.3  
Brunei Darussalam N/A G/VAL/N/1/BRN/1 G/VAL/N/2/BRN/1  
Bulgaria N/A G/VAL/N/1/BGR/1 G/VAL/N/2/BGR/1  
Burkina Faso N/A G/VAL/N/1/BFA/1   
Burundi N/A    
Cambodia N/A    
Cameroon N/A    
Canada G/VAL/N/1/CAN/1 VAL/1/Add.17 + Suppl.1-3  
G/VAL/N/1/CAN/2 VAL/2/Rev.1/Add.14 
G/VAL/N/2/CAN/1  
Central African Rep. N/A    
Chad N/A    
Chile N/A    
China N/A G/VAL/N/1/CHN/1, 2,  3 
and 4  G/VAL/N/2/CHN/1  
Colombia N/A G/VAL/N/1/COL/1 G/VAL/N/2/COL/1  
Congo N/A    
Costa Rica N/A G/VAL/N/1/CRI/1 G/VAL/N/2/CRI/1  
Côte d'Ivoire N/A G/VAL/N/1/CVI/1   
Croatia N/A G/VAL/N/1/HRV/1 G/VAL/N/2/HRV/1  
Cuba N/A G/VAL/N/1/CUB/1 G/VAL/N/2/CUB/1  
Dem Rep. of Congo N/A    
Djibouti N/A    
Dominica N/A G/VAL/N/1/DMA/1   
Dominican Rep. N/A G/VAL/N/1/DOM/1   
Ecuador N/A    
Egypt N/A    
El Salvador N/A    
European 
Communities G/VAL/N/1/EEC/1  VAL/1/Add.2 + Suppl.1-13 + 
Suppl.1 
G/VAL/N/1/EEC/1/Rev.1 VAL/2/Rev.1/Add.6  
                                                      
1 Documents that begin with the code "VAL" are Tokyo Round documents.  The table reflects the 
situation as of the date of circulation of this report. G/VAL/W/155 
Page 4  
 
  Members Members who have 
indicated their 
legislation remains valid 
under the WTO 
Committee 
(G/VAL/M/1) Members who have 
submitted their legislation or 
amendments under Articles 
22.1 and 22.2 of the 
Agreement Members who have 
submitted their replies to the 
Checklist of Issues 
(G/VAL/5) Members who are 
delaying application 
of the Agreement 
under Article 20.1 or 
para. 1, Annex III of 
the Agreement or 
Article IX of the 
WTO Agreement 
Fiji N/A G/VAL/N/1/FJI/1 G/VAL/N/2/FJI/1  
Former Yugoslav  Rep. of Macedonia  
N/A  
G/VAL/N/1/MKD/1  
G/VAL/N/2/MKD/1  
Gabon N/A G/VAL/N/1/GAB/1   
Gambia N/A    
Georgia N/A G/VAL/N/1/GEO/1   
Ghana N/A    
Grenada N/A    
Guatemala N/A G/VAL/N/1/GTM/1   
Guinea Bissau N/A    
Guinea, Rep. of N/A    
Guyana N/A    
Haiti N/A    
Honduras N/A    
Hong Kong, China G/VAL/N/1/HKG/1 VAL/1/Add.9 N/A  
Iceland N/A G/VAL/N/1/ISL/1 G/VAL/N/2/ISL/1  
India G/VAL/N/1/IND/1 VAL/1/Add.24 + Suppl.1 
G/VAL/N/1/IND/2 and 3 VAL/2/Rev.2/Add.6 
G/VAL/N/2/IND/1 + Corr.1  
Indonesia N/A G/VAL/N/1/IDN/1 G/VAL/N/2/IDN/1 + Corr.1  
Israel N/A G/VAL/N/1/ISR/1 + Corr.1 G/VAL/N/2/ISR/1  
Jamaica N/A G/VAL/N/1/JAM/1 G/VAL/N/2/JAM/1  
Japan G/VAL/N/1/JPN/1 VAL/1 /Add.7 VAL/2/Rev.1/Add.8 
G/VAL/N/2/JPN/1  
Jordan N/A G/VAL/N/1/JOR/1 G/VAL/N/2/JOR/1  
Kenya N/A G/VAL/N/1KEN/1 G/VAL/N/2/KEN/1  
Korea G/VAL/N/1/KOR/1 VAL/1/Add.19 
+ Suppl. 1-4 
+ Suppl.3/Corr.1 
G/VAL/N/1/KOR/2 VAL/2/Rev.2/Add.1  
+ Suppl.1  
Kuwait N/A    
Kyrgyz Republic N/A G/VAL/N/1/KGZ/1 G/VAL/N/2/KGZ/1  
Lesotho  VAL/1/Add.21 + Suppl.1 VAL/2/Rev.2/Add.2  
Liechtenstein N/A G/VAL/N/1/LIE/1 N/A  
Macao, China N/A G/VAL/N/1/MAC/1 N/A  
Madagascar N/A G/VAL/N/1/MDG/1   
Malawi G/VAL/N/1/MWI/1 VAL/1/Add.27   
Malaysia N/A G/VAL/N/1/ MYS/1 G/VAL/N/2/MYS/1  
Maldives N/A    
Mali N/A    
Mauritania N/A    
Mauritius N/A G/VAL/N/1/MUS/1 G/VAL/N/2/MUS/1  
Mexico N/A VAL/1/Add.25 + Suppl. 1-3 
+ Suppl.1/Rev.1 
G/VAL/N1/MEX/1 VAL/2/Rev.1/Add.10 
VAL/2/Rev.2/Add.8 
G/VAL/N/2/MEX/1 and Corr 1  
Moldova N/A G/VAL/N/1/MDA/1 G/VAL/N/2/MDA/1  
Mongolia N/A    
Morocco N/A G/VAL/N/1/MAR/1 and 2 
G/VAL/N/1/MAR/1/Rev.1 + 
Corr.1 G/VAL/N/2/MAR/1 
G/VAL/N/2/MAR/2  
Mozambique N/A G/VAL/N/1/MOZ/1   
Myanmar N/A    
Namibia N/A G/VAL/N/1/NAM/1   
Nepal N/A     G/VAL/W/155 
 Page 5 
 
 
  Members Members who have 
indicated their 
legislation remains valid 
under the WTO 
Committee 
(G/VAL/M/1) Members who have 
submitted their legislation or 
amendments under Articles 
22.1 and 22.2 of the 
Agreement Members who have 
submitted their replies to the 
Checklist of Issues 
(G/VAL/5) Members who are 
delaying application 
of the Agreement 
under Article 20.1 or 
para. 1, Annex III of 
the Agreement or 
Article IX of the 
WTO Agreement 
New Zealand G/VAL/N/1/NZL/1 VAL/1/A dd.12 + Suppl.1 VAL/2/Rev.1/Add.10  
Nicaragua N/A    
Niger N/A    
Nigeria N/A    
Norway G/VAL/N/1/NOR/1 VAL/1/Add.11 + Corr.1 
+ Suppl. 1-2 VAL/2/Rev.1/Add.7  
Oman N/A G/VAL/N/1/OMN/1 G/VAL/N/2/OMN/1  
Pakistan N/A G/VAL/N/1/PAK/1   
Panama N/A G/VAL/N/1/PA N/1 G/VAL/N/2/PAN/1  
Papua New Guinea N/A    
Paraguay N/A G/VAL/N/1/PRY/1   
Peru N/A G/VAL/N/1/PER/1 - 3   
Philippines N/A G/VAL/N/1/ PHL/1 G/VAL/N/2/PHL/1  
Qatar N/A G/VAL/N/1/QAT/1 G/VAL/N/2/QAT/1  
Romania N/A VAL/1/Add.8 + Suppl. 1-2 
G/VAL/N/1/ROM/1 and 2 VAL/2/Rev.1/Add.9  
Rwanda N/A    
St. Kitts & Nevis N/A    
St. Lucia N/A    
St. Vincent & 
Grenadines N/A    
Saudi Arabia N/A    
Senegal N/A G/VAL/N/1/SEN/1   
Separate Customs 
Territory of Taiwan, 
Penghu, Kinmen and 
Matsu (Chinese 
Taipei) N/A G/VAL/N/1/TPKM/1 G/VAL/N/2/TPKM/1-2  
Sierra Leone N/A    
Singapore N/A G/VAL/N/1/SGP/1 G/VAL/N/2/SGP/1  
Solomon Islands N/A    
South Africa N/A VAL/1/Add.15 + Corr.1 
+ Suppl. 1-3 G/VAL/N/1/ZAF VAL/2/Rev.1/Add.13  
Sri Lanka N/A    
Suriname N/A G/VAL/N/1/SUR/1   
Swaziland N/A  G/VAL/N/2/SWZ/1  
Switzerland G/VAL/N/1/CH E/1 VAL/1/Add.5 N/A  
Tanzania N/A G/VAL/N/1/TZA/1 G/VAL/N/2/TZA/1  
Thailand N/A G/VAL/N/1/THA/1 G/VAL/N/2/THA/1  
Togo N/A    
Trinidad & Tobago N/A G/VAL/N/1/TTO/1 G/VAL/N/2/TTO/1  
Tunisia N/A G/VAL/N/1/TUN/1   
Turkey G/VAL/N/1/TUR/1 VAL/1/Add.29 
G/VAL/N/1/TUR/ 2 G/VAL/N/2/TUR/1  
Uganda N/A G/VAL/N/1/UGA/1   
United Arab 
Emirates N/A    
United States G/VAL/N/1/USA/1 VAL/1/Add.1 + Suppl.1-5 VAL/2/Rev.1/Add.1  
Uruguay N/A G/VAL/N/1/URY/1 G/VAL/N/2/URY/1  
Venezuela, The 
Bolivaran Rep. of N/A G/VAL/N/1/VEN/1 G/VAL/N/2/VEN/1  G/VAL/W/155 
Page 6  
 
  Members Members who have 
indicated their 
legislation remains valid 
under the WTO 
Committee 
(G/VAL/M/1) Members who have 
submitted their legislation or 
amendments under Articles 
22.1 and 22.2 of the 
Agreement Members who have 
submitted their replies to the 
Checklist of Issues 
(G/VAL/5) Members who are 
delaying application 
of the Agreement 
under Article 20.1 or 
para. 1, Annex III of 
the Agreement or 
Article IX of the 
WTO Agreement 
Zambia N/A G/VAL/N/1/ZMB/1   
Zimbabwe G/VAL/N/1/ZWE/1 VAL/1/Add.23 VAL/2/Rev.2/Add.5  
TOTAL NOTIFIED  732 50  
 
__________ 
 
 
 
 
   
                                                     
 
2 This total number includes notifications by Members who have indicated their legislation remains valid under 
the WTO Committee (i.e. those in the first column of the table) and those made pursuant to Article 22 of the WTO 
Agreement and the D ecision on Notifications (G/VAL/5).