RESTRICTEDWORLD TRADE
ORGANIZATIONWT/BFA/W/89
19 February 2003
(03-1059)
Committee on Budget, Finance and Administration
ASSESSMENT OF ADDITIONAL CONTRIBUTION TO THE 2003 BUDGET
AND ADVANCE TO THE WORKING CAPITAL FUND:
ACCESSION OF THE REPUBLIC OF ARMENIA TO THE WTO
Note by the Director-General
1. In view of the accession to the WTO of the Re public of Armenia on 5 February 2003 (document
WT/Let/436), it is proposed that a pro rata  contribution to the 2003 budget amounting to CHF 20,858
be assessed on this Government.  This assessment, calculated as from 5 February 2003, is based on anannual contribution of 0.015 per cent, taking into acc ount the international trade figures (imports plus
exports in goods, services and intellectual property rights) of the Republic of Armenia for the years
1997-1999.
2. In conformity with the WTO Financial Regulati ons governing the use of the Working Capital
Fund, any government acceding to the WTO shall make  an advance to the Fund in accordance with the
scale of contributions applicable to the budget fo r the year of its accession.  The minimum advance to
the Working Capital Fund amounts to 0.5 per cent of th e principal of the Fund for countries or separate
customs territories whose share of the total trade of Members is 0.5 per cent or less.  Such advances
shall be carried to the credit of the Members, which have made them.
3. On the basis of the level of the Working Capital of CHF 8,905,718 it is proposed to assess an
amount of CHF 44,529 on the Government of the Repub lic of Armenia as an advance to the Fund.
POINTS FOR DECISION: Paragraph 1
Paragraph 3
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