./.WORLD TRADE
ORGANIZATIONG/SCM/91/Add.1
3 November 2003
(03-5855)
Committee on Subsidies
and Countervailing Measures
CONTINUATION OF EXTENSION UNDER SCM ARTICLE 27.4 OF THE
TRANSITION PERIOD FOR THE ELIMINATION OF EXPORT
SUBSIDIES PURSUANT TO THE PROCEDURES IN G/SCM/39
ST. VINCENT AND THE GRENADINES
Fiscal Incentives Act No. 5 of 1982, as amended
Decision of 28 October 2003
Addendum
The Committee on Subsidies and Countervailing Measures (the “Committee”),
As directed by the Fourth Ministerial Conference, in its Decision on Implementation-Related
Issues and Concerns, (WT/MI N(01)/17, 20 November 2001);
In following the “Procedures for Extensions Under Article 27.4 for Certain Developing
Country Members” (G/SCM/39, 20 November 2001) ("the Procedures"), including paragraphs 1(d)
and 1(e) thereof;
Taking into account the request and other notified information provided by St. Vincent and
the Grenadines to the Committee1, pursuant to the Procedures, for Fiscal Incentives Act No. 5 of
1982, as amended (“the programme”);
Recalling that it considered, for purposes of the decision in G/SCM/91 taken by the
Committee on 22 November 2002, St. Vincent and the Grenadines to be a developing country
Member, whose share of world merchandise export trade was not greater than 0.10 per cent and
whose total Gross National Income for the year 2000 as published by the World Bank was at or below
US$20 billion, and who was otherwise eligible to request an extension pursuant to Article 27.4 of theAgreement on Subsidies and Countervailing Measures ("the SCM Agreement");
Taking note that  St. Vincent and the Grenadines confirms that the programme has not been
modified since 1 January 2003 so as to make it more favourable in terms of scope, coverage and
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 the Procedures to verify St. Vincent and the Grenadines' fulfilment,
during the period reviewed by the Committee in 2003, of its obligations with respect to the
                                                     
1 The notified information on the basis of which this decision is taken is found in documents
G/SCM/N/74/VCT (4 January 2002), G/SCM/N/71/VCT (20 March 2002), G/SCM/N/99/VCT
(26 August 2003), G/SCM/Q3/VCT/1 (8 April 2002) to G/SCM/Q3/VCT/8 (26 July 2002).G/SCM/91/Add.1
Page 2
programme under the transparency and standstill provisions as contained in paragraphs 3 and 4 of the
Procedures, in relation to the programme as in existence on 1 September 2001;
Hereby agrees to continue, until 31 December 2004, pursuant to the Procedures, the extension
granted in G/SCM/91 of the transition period, under Article 27.2(b) of the SCM Agreement, for theelimination of export subsidies which take the form  of full or partial exemptions from import duties
and internal taxes and which were in existence under the programme on 1 September 2001.  All terms
and conditions and other provisions of the decision in G/SCM/91 shall apply.
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