Customs Valuation Agreement: Delayed Application of the Computed Value Method (Article 20.2):

Pursuant to Article 20.2, developing countries could delay application of the computed value method for a period not exceeding three years following the application of all other provisions of this Agreement.  Developing country Members that chose to resort to this SDT provision had to notify the Director-General of the WTO accordingly.

The SDT provisions of the Customs Valuation Agreement, contained in Article 20  and Annex III of the Agreement, do not specifically refer to LDCs. However, the 2001 Doha Ministerial Decision on Implementation-related Issues and Concerns urges the Council for Trade in Goods to give positive consideration to requests that may be made by least-developed country members under paragraphs 1 & 2 of Annex III of the Customs Valuation Agreement or under Article IX.3 of the WTO Agreement, as well as to take into consideration the particular circumstances of least-developed countries when setting the terms & conditions including time-frames.


Available Smooth Transition Procedures:

Utilization by LDCs:

According to WTO records, 13 LDCs resorted to Article 20.2:

  • Bangladesh
  • Burkina Faso
  • Burundi
  • Djibouti
  • Haiti
  • Madagascar
  • Mali
  • Mauritania
  • Myanmar
  • Senegal
  • Tanzania
  • Togo
  • Zambia

Resources:

  1. Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 (Customs Valuation Agreement)
  2. 2001 Doha Ministerial Decision on Implementation-related Issues and Concerns
  3. WTO document G/VAL/W/77/Rev.1, 15 October 2009, “Sixth Annual Review of the Implementation and Operation of the Agreement on Implementation and Operation of the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994”
  4. Fourteenth Annual Review of the implementation and operation of the agreement on implementation of article VII of the General Agreement on tariffs and trade 1994 (G/VAL/W/171/Rev.1), 15 October 2009
  5. Twenty-Third Annual Review of the implementation and operation of the agreement on implementation of article VII of the General Agreement on tariffs and trade 1994 (G/L/1198), 8 November 2017