GENERAL AGREEMENT ON RESTRICTED TARIFFS AND TRADE spec(7T)2U k October 1977

OUTSTANDING CONTRIBUTIONS AS AT 30 SEPTEMBER 1977

Note by the Director-General

1. The Director-General herewith reports on the status of outstanding contributions as at 30 September 1977-

2. Outstanding contributions amounted to US$139,9^3 (SvF 331*,**6U at the accounting rate of SvF 2.39/US$l effective as at 30 September 1977) in respect of assessments for the years 1963 to 1972, to SvF 1,^37,906 for the years 1973 to 1976 and to SvF 3,U92,0Hl ia respect of current year's assessments. Thus a total of SvF 5,26H,Ull was due on 30 September 1977, compared to amounts of SvF 6,523,^72 on 30 September 1976 and SvF 3,960,215 on 30 September 1975. Contributions due from contracting parties as at 30 September 1977 are shown in the attached table.

3. The amount of SvF 3,U92,0Ul still due on 30 September 1977 in respect of 1977 contributions represented 9-8l per cent of the total assessment. The corresponding figures vere SvF U,931,653 (lU.66 per cent) in 1976 and SvF 2,927,**6l (11.10 per cent) in 1975.

U. The Director-General has taken every opportunity, either in writing or by personal contacts, to remind governments of the importance of prompt payment of their contributions and of total settlement of arrears.

5. The present situation with regard to governments whose contributions are two or more years in arrears is as follows:

Central African Empire; The latest payment was received in .

Chad: The latest payment was received in 1968. In the secretariat was informed that, due to budgetary restraints, no funds had yet been put aside for the settlement of outstanding contributions. Since that date, no other communication has been received.

Congo; A payment was received in June 1977 and settled the balance of the 1972 contribution, the 1973 contribution and part of the 1971* contribution.

Dominican Republic; The latest payment, which partly covered the 1966 contribution, was received in 1970. In March 1977 a letter from the Dominican Republic authorities stated the difficulties encountered by the government to pay its outstanding contributions and indicated that all necessary action vould be taken, in the course of the present year, to reduce as much as possible the amount in arrears. Spec(7T)2U Page 2

Haiti; The latest payment vas received in 1965.

Kampuchea Democratic: The latest payment was received in January 197^. Since 197* the postal communications between Kampuchea Democratic and Switzerland have been suspended.

Nicaragua: The latest payment was received in . The secretariat was informed in July 1977 that a substantial payment towards the outstanding contributions will be made in the course of the present year.

Nigeria; The latest payment was received in December 1976 and partly covered the 1975 contribution.

Sierra Leone; The latest payment was received in .

Zaire; The latest payment was received in 1975. OUTSTANDING CONTRIBUTIONS AS AT 30 SEPTEMBER 1977

Country US dollars Swiss francs 1963/1972 1973 1971» 1975 1976 1977 Total 1973/1977

Argentina 78 78 Bangladesh 1+2,700 1+2,700 Burundi 21,877 1+2,700 61+,577 Central African Empire 1972 5,330 25,500 27,800 31,600 1+0,300 1+2,700 167,900 1969/1972 17,890 25,500 27,800 31,600 1+0,300 1+2,700 167,900 Chile ' 5,^37 - 92,600 98,037 Colombia 6,01+3 71,200 77,21+3 Congo, People * s Republic of the 13,958 31,600 1+0,300 1+2,700 128,558 Dominican Republic 1966/1972 33,101 25,500 27,800 31,600 1+0,300 1+2,700 167,900 Gabon 19,603 19,603 Gambia 21,1+73 21,1+73 Ghana 5,265 5,265 Guyana 1+.836 l+,836 Haiti 1963/1972 3*4,672 25,500 27,800 31,600 1+0,300 1+2,700 167,900 56,075 56,075 ll+9,500 ll+9,500 Ivory Coast 1+.778 53,1+00 58,178 Jamaica 12,991 12,991 Kampuchea Democratic 12,106 27,800 31,600 1+0,300 1+2,700 15l+,506 Kenya 33,655 33,655 Kuwait 21+9,200 2»+9,200 Mauritania 38,986 1+2,700 81,686 ^ ro Nicaragua . 18,938 31,600 1+0,300 1+2,700 133,538

ro OUTSTANDING CONTRIBUTIONS AS AT 30 SEPTEMBER 1977 (Cont'd)

•p- Country US dollars Swiss francs 1963/1972 1973 197^ 1975 1976 1977 Total 1973/1977 Peru 60,500 60,500 Philippines 108,067 108,067 Portugal- . 1U2.U00 1U2.U00 Rhodesia 1966/1972 U8,950 25,500 27,800 31,600 UO.300 1*2,700 167,900 Rwanda • ll*,053 1U.053 Senegal l*2,l»ll* U2,UlU Sierra Leone 31,600 1*0,300 1*2,700 111*,600 Spain 55,000 55,000 Togo 2,057 1*2,700 M,757 Tunisia 11,756 11,756 Turkey- 131,700 131,700 Uganda 1*0,300 1*2,700 83,000 U.S.A. 1,266,1*75 1,266,1*75 Zaire 13,519 1*2,100 1*7,000 1*6,300 11*8,919

Total 139,9^3 139,606 213,215 33M07 750,678 3,1*92,01*1 It, 929,9U7

1963 to 1972: US$139,9^3 at SwF 2.39 to US$1 = 331*.1*61*

SwF 5,261*, 1*11

US$ 15 also due in respect of Working Capital Fund assessment. "US$361* also due in respect of Working Capital Fund assessment.