Decision 22/5

May 1997
Taxes and duties, customs clearance and storage costs

As there had been instances where Article 5 Governments had levied taxes or duties on equipment funded by the Multilateral Fund, the Executive Committee, reiterating the decision of its Tenth Meeting that no such taxes or duties would be financed by the Multilateral Fund, decided:

(a) To urge Article 5 Parties to exempt from taxes or duties any equipment bought under the Multilateral Fund;

(b) To urge the Implementing Agencies and the Secretariat to pursue their efforts to resolve the problem of levies, taxes and duties on equipment funded by the Multilateral Fund and to work with relevant countries to resolve any outstanding problems, including, if appropriate, an exchange of letters.