WORLD TRADE G/AG/N/VEN/4/Rev.1
25September 1997
ORGANIZATION(97-3995)
Original: Spanish Committee onAgriculture
NOTIFICATION
Thefollowing revised notification ondomestic support commitments (Table DS:1andrelevant
supporting tables) for1995 was received from thePermanent Mission ofVenezuela on
24September 1997.G/AG/N/VEN/4/Rev.1
Page 2Table DS:1
DOMESTIC SUPPORT: Venezuela
REPORTING PERIOD: 1995
Current Total Aggregate Measurement ofSupport
Total AMS commitment level forperiod inquestion Currency Current totalAMS(*)
(from Section IofPartIVoftheSchedule) (from Section IofPartIVoftheSchedule) (from attached supporting tables)
1 2 3
1,287,221 Thousands ofUS$ 541,784.05
(*)Bs180forUS$1 (average exchange ratefor1995).
Source: Central Bank ofVenezuela, Monthly Bulletin No.623. December 1995.G/AG/N/VEN/4/Rev.1
Page 3Supporting Table DS:1
DOMESTIC SUPPORT: Venezuela
REPORTING PERIOD: 1995
Measures exempt fromthereduction commitment -"Green Box"
Measure type Name anddescription ofmeasure withreference tocriteria inAnnex 2 Monetary value of
measure inyearin
question (Bs)Datasources
1 2 3 4
General servicesResearch: allocation ofresources formanagement, research, personnel andprojects 1,444,443,991 1and2
General services Education andtraining: agricultural extension activities 556,192,855 3and1
General services Irrigation anddrainage: studies, planning, construction andmaintenance ofirrigation anddrainage
works 1,124,384,730 1
General services Collection centres andmarkets: planning, technical assistance, construction andfitting outofpublic
markets andcollection centres 297,386,000 1and4G/AG/N/VEN/4/Rev.1
Page 4Supporting Table DS:1
DOMESTIC SUPPORT: Venezuela
REPORTING PERIOD: 1995
Measures exempt fromthereduction commitment -"Green Box"
Measure type Name anddescription ofmeasure withreference tocriteria inAnnex 2 Monetary value of
measure inyearin
question (Bs)Datasources
1 2 3 4
Domestic foodaid Food allowance: programme tocover nutritional deficiencies ofpoorschool children byamonthly
monetary allowance 37,196,600,000 5
Domestic foodaid Milk allowance: programme tocover nutritional deficiencies ofpoorschool children byamonthly
allowance of1kg.powdered milk/pupil/month 29,527,828,000 5
Domestic foodaid Cereal allowance: programme tocover nutritional deficiencies ofpoorschool children through a
cereal product allowance 15,019,534,000 5
Domestic foodaid Mother andinfant foodprogramme (PAMI): foodprogramme forpoorpregnant andnursing women
byproviding milkonmother andinfant medical visits 11,778,000,000 6and7
1.Ministry ofAgriculture. Sectoral Directorate General ofPlanning andPolicies. Budget Division.
2.National Fund forAgricultural Research.
3.Fund forTraining andApplied Research inAgricultural Reform.
4.Agricultural Supply andServices Corporation (CASA).
5.Ministry ofEducation. 1995 Budget Law.
6.Ministry ofHealth andSocial Welfare (MSAS). 1995 Budget Law.
7.Mother andChild Programme Foundation (PAMI).G/AG/N/VEN/4/Rev.1
Page 5Supporting Table DS:2
DOMESTIC SUPPORT: Venezuela
REPORTING PERIOD: 1995
Measures exempt fromthereduction commitment -Special andDifferential Treatment -"Development Programmes"
Measure type Name anddescription ofmeasure withreference tocriteria inArticle 6:2 Monetary value of
measure inyearin
question (Bs)Datasources
1 2 3 4
Investment subsidies generally available toagriculture Agricultural interest rate(commercial banks):
SetbytheCentral Bank ofVenezuela at85%oftheaverage ofcommercial ratesofthecountry 'ssix
main banks 15,900,000,938 1
Long-term investment credit asasecond-tier institution Agricultural interest rate(Agricultural Credit Fund): 84%oftheaverage ofthecommercial rateof
thecountry 'ssixmain banks 2,923,000,000 1and2
Investment subsidies generally available toagriculture Rural interest rates: interest ratessetat7%forrural loans granted bytheAgricultural Credit
Institute (ICAP), aState finance institution 1,278,000,000 3and4
Investment subsidies generally available toagriculture Taxexemption forproducers fornetgains from primary agricultural activities 11,981,000,000 5
1.Central Bank ofVenezuela. Venezuelan Banking Association (ABV).
2.Agricultural Credit Fund (FCA).
3.Agricultural Credit Institute (ICAP).
4.Ministry ofAgriculture. Sectoral Directorate General ofPlanning andPolicies. Budget Division.
5.Integrated National TaxAdministration Service (SENIAT).G/AG/N/VEN/4/Rev.1
Page 6Supporting Table DS:4
DOMESTIC SUPPORT: Venezuela
REPORTING PERIOD: 1995
Calculation oftheCurrent Total Aggregate Measurement ofSupport
Description ofbasic product (including non-product-
specific AMS)Product-specific AMS (from Supporting
Tables DS:5 toDS:9 below)Product-specific measurements ofsupport (from
Supporting Table DS:8 below)Current totalAMS (aggregate) ($)
1 2 3 4
White maize (corn) 128,107,076 128,107,076
Yellow maize 17,150,931 17,150,931
Rice 95,271,723 95,271,723
Milk 7,046,590 7,046,590
Coffee 20,757,106 20,757,106
Tomatoes 678,499 678,499
Certified seeds 15,747,200 15,747,200
Sorghum 57,884,083 57,884,083
Irrigation water 199,140,845
Current totalAMS 541,784,053G/AG/N/VEN/4/Rev.1
Page 7Supporting Table DS:5
DOMESTIC SUPPORT: Venezuela
REPORTING PERIOD: 1995
Product-Specific Aggregate Measurements ofSupport: Market Price Support
Description of
basic productsCalendar /marketing
yearbeginning ...Measure type(s) Applied administered price
($/TM)External reference
price ($(TM)Eligible production
(TM)Associated
fees/leviesTotal market
price support
($)Data
sources
1 2 3 4 5 6 7 8
((4-5*6)-79
White maize (corn) 1995 Minimum price 250 128 1,050,058 0 128,107,076 1,2,5
Yellow maize 1995 Minimum price 250 103 116,673 0 17,150,931 1,2,5
Rice 1995 Minimum price 289 161 744,957 0 95,271,723 1,2,5
Milk 1995 Minimum price 326 321 1,409,318 0 7,046,590 1,2,5
Coffee 1995 Minimum price 2,844 2,544 69,088 0 20,757,106 1,2,5
Tomatoes 1995 Minimum price 139 136 234,865 0 678,499 1,3,5
Certified seeds 1995 Minimum price 583 210 42,180 0 15,747,200 1,3,4,5
Sorghum 1995 Minimum price 211 96 502,854 0 57,884,083 1,2,5
1.Ministry ofAgriculture. Sectoral Directorate General ofAgricultural Marketing.
2.Board oftheCartagena Agreement (JUNAC).
3.Tomato Industry Association (ASOINTOMATE).
4.FAO. Trade Year Book 1988.
5.Average international prices fortheperiod 1986-1988.G/AG/N/VEN/4/Rev.1
Page 8Supporting Table DS:7
DOMESTIC SUPPORT: Venezuela
REPORTING PERIOD: 1995
Product-Specific Aggregate Measurements ofSupport: Other Product-Specific Support andTotal Product-Specific AMS
Description ofbasic
productCalendar /
marketing year
beginning ...Measure type(s) Other
product-
specific
budgetary
outlaysOther product
specific support
(include
calculation
details)Associated
fees/leviesTotal other
product-specific
supportMarket price
support
(Supporting
Table DS:5)Non-exempt
direct payments
(Supporting
Table DS:6)Total AMS Data
sources
1 2 3 4 5 6 7
(4+5-6)8 9 10
(7+8+9)11
White maize (corn) 1995 Minimum price 0 0 0 0 128,107,076 0 128,107,076 1and2
Yellow maize 1995 Minimum price 0 0 0 0 17,150,931 0 17,150,931 1and2
Rice 1995 Minimum price 0 0 0 0 95,271,723 0 95,271,723 1and2
Milk 1995 Minimum price 0 0 0 0 7,046,590 0 7,046,590 1and2
Coffee 1995 Minimum price 0 0 0 0 20,757,106 0 20,757,106 1and2
Tomatoes 1995 Minimum price 0 0 0 0 678,499 0 678,499 1and3
Certified seeds 1995 Minimum price 0 0 0 0 15,747,200 0 15,747,200 1,3and4
Sorghum 1995 Minimum price 0 0 0 0 57,884,083 0 57,884,083 1and2
1.Ministry ofAgriculture. Sectoral Directorate General ofAgricultural Marketing.
2.Board oftheCartagena Agreement (JUNAC).
3.Tomato Industry Association (ASOINTOMATE).
4.FAO. Trade Year Book 1988.G/AG/N/VEN/4/Rev.1
Page 9Supporting Table DS:9
DOMESTIC SUPPORT: Venezuela
REPORTING PERIOD: 1995
Non-Product-Specific AMS
Measure type(s) Calendar /marketing
yearbeginning ...Non-product-specific
budgetary outlaysOther non-product-specific
support (include
calculation details) ($)Associated
fees/leviesTotal non-product-specific
support ($)Datasources
1 2 3 4 5 6 7
Other support
Irrigation water subsidy 1995 199,140,845 (3) 199,140,845 1and2
1. Ministry ofAgriculture. Sectoral Directorate General ofAgricultural Infrastructure.
2. HIDROVEN
3. Method ofcalculation: Price applied togovernmental irrigation systems (0.0000694 $/m3)minus theaverage Btariff forwater forindustrial usecharged inVenezuela during 1995 (0.22037 $/m3)multiplied
bythevolume ofwater supplied bygovernmental irrigation systems during 1995. Calculations made atexchange rateof180Bs/$. Official Gazette oftheRepublic ofVenezuela of1March 1993.
NB: 1. During 1995 subsidies were notapplied toconcentrated feedstuff fertilizers.
2. Thissupport measure refers onlytoexisting governmental irrigation systems inVenezuela.