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GATT2_1G.TXT
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1994-01-11
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UNDERSTANDING ON THE INTERPRETATION OF ARTICLE XXXV
OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE 1947
The CONTRACTING PARTIES,
Having regard to the interlinked provisions of paragraph 1 of Article
XXXV of the General Agreement on Tariffs and Trade 1947;
Noting that by invoking Article XXXV a contracting party on the one
hand, or a government acceding to GATT 1947 on the other, declines to apply
GATT 1947, or alternatively Article II of that Agreement, to the other
party;
Desiring to ensure that tariff negotiations between contracting
parties and a government acceding to GATT 1947 are not inhibited by
unwillingness to accept an obligation to apply GATT 1947 as a consequence of
entry into such negotiations;
Agree as follows:
A contracting party and a government acceding to GATT 1947 may engage
in negotiations relating to the establishment of a GATT schedule of
concessions by the acceding government without prejudice to the right of
either to invoke Article XXXV in respect of the other.