asked the Minister for Industry and Commerce if his attention has been drawn to the fact that the General Agreement on Tariffs and Trade is running out of finances because of the failure of some States to pay their contributions in time; if he will outline the level of the arrears owing by each member; and his views on the implications for the current round of trade talks of this development.
Written Answers. - GATT Contributions.
I am aware of the short term budgetary problems in the General Agreement on Tariffs and Trade (GATT) caused by arrears of contributions owed by a number of contracting parties. Details of outstanding contributions at 31 October 1987 are outlined in the attached tabular statement prepared by the GATT Secretariat. I am confident that this budgetary problem will be substantially resolved in the near future. Accordingly, I foresee no implications for the progress of the Uruguay round of trade negotiations.
Statement of outstanding contributions as at 31 October, 1987.
Contracting Parties and Associated Governments |
Swiss Francs |
|
1987 |
Total 1973/1987 |
|
Argentina |
228,380 |
228,380 |
Bangladesh |
72,120 |
72,120 |
Belize |
72,120 |
271,091 |
Benin |
72,120 |
322,938 |
Brazil |
763,270 |
1,502,807 |
Burkina Faso |
72,120 |
544,909 |
Burundi |
72,120 |
594,395 |
Cameroon |
70,273 |
70,273 |
Central African Republic |
72,120 |
477,900 |
Chad |
72,120 |
736,600 |
Colombia |
8,557 |
8,557 |
Congo |
72,120 |
504,226 |
Cóte d'Ivoire |
78,130 |
118,130 |
Cuba |
240,400 |
414,708 |
Dominican Republic |
72,120 |
736,600 |
Gabon |
72,120 |
192,480 |
Gambia |
72,120 |
590,173 |
Ghana |
72,120 |
182,296 |
Guyana |
72,120 |
329,450 |
Haiti |
72,120 |
315,319 |
Italy |
2,866,770 |
2,866,770 |
Kampuchea |
72,120 |
723,206 |
Kenya |
72,120 |
110,660 |
Madagascar |
72,120 |
230,569 |
Malawi |
72,120 |
119,556 |
Maldives |
72,120 |
72,120 |
Mauritania |
72,120 |
635,619 |
Mexico |
51,000 |
51,000 |
Nicaragua |
72,120 |
412,136 |
Niger |
72,120 |
276,811 |
Nigeria |
540,900 |
1,457,179 |
Peru |
96,160 |
574,910 |
Philippines |
204,340 |
436,980 |
Romania |
336,560 |
759,200 |
Rwanda |
72,120 |
74,947 |
Senegal |
72,120 |
443,828 |
Sierra Leone |
72,120 |
683,300 |
Suriname |
72,120 |
210,360 |
Tanzania |
72,120 |
437,059 |
Toga |
72,120 |
206,420 |
Trinidad and Tobago |
96,160 |
135,231 |
Tunisia |
15,043 |
15,043 |
Turkey |
765 |
765 |
Uganda |
72,120 |
506,778 |
United States of America |
9,579,940 |
10,292,380 |
Uruguay |
72,120 |
72,120 |
Zaire |
72,120 |
430,900 |
Zambia |
72,120 |
84,372 |
17,484,488 |
30,534,567 |