Extension of the Period for Consent to Increase Quotas Under the Fourteenth General Review of Quotas, the 2008 Reform of Quota and Voice, and the Eleventh General Review of Quotas

This paper proposes a six-month extension of the period for consent to increase quotas under the Fourteenth General Review of Quotas.
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Volume/Issue: Volume 2012 Issue 047
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Exports and Imports , Public Finance , PP , review quota , quota increase , Resolution , increase quota , Reform of quota , appendix II , reform of the executive board , Legal support in revenue administration , Arrears

Summary

This paper proposes a six-month extension of the period for consent to increase quotas under the Fourteenth General Review of Quotas.1 The current deadline is due to expire on June 30, 2012;2 however, Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under the Board of Governor’s Resolution No. 66-2 will also extend the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2).