to Indonesian

LAW OF THE REPUBLIC OF INDONESIA
NO. 7/1994

CONCERNING
RATIFICATION OF AGREEMENT ESTABLISHING THE WORLD TRADE ORGANIZATION

BY THE GRACE OF GOD THE ALMIGHTY
PRESIDENT OF THE REPUBLIC OF INDONESIA,

Considering:

• a. that the objective of national development is to realize an equitable and prosper community that is distributed evenly on material and spiritual basis based on Pancasila and the 1945 Constitution in the auspice of the Unitary Sate of the Republic of Indonesia that is independent, united, sovereign, and having peoples sovereignty in safe, peaceful, ordered and dynamic national living circumference in the world intercourse environment that is independent, equitable, friendly, ordered and peaceful;
• b. that in implementation of the national development, especially in economic sector, efforts are required to, among others, continuously improve, widen, establish, and secure markets for all products both goods and services, including investment aspects and intellectual property rights relating to the trading, and to improve competitiveness especially in international trades;
• c. that in a line with the aspirations as referred to in letters a and b above, Indonesia always makes efforts to enforce the basic principles contained in the General Agreement on Tariff and Trade/GATT 1947, together with further agreements that are generated before Uruguay Round conference;
• d. that from the series of Uruguay Round conference that was started since 1986, the Agreement Establishing The World Trade Organization has been generated that henceforth will administer, control and give certainty on implementation of all undertakings in the General Agreement on Tariff and Trade/GATT and results of the Uruguay Round conference;
• e. that in Meeting of participating Ministers of Uruguay Round on April 15, 1994 in Marrakesh, Maroko, the Government of Indonesia has participated in signing of the Agreement Establishing The World Trade Organization together with all undertakings that are made as Attachments 1, 2 and 3 as an addition to such an Agreement;
• f. that on the aforementioned considerations, it is considered necessary to ratify the Agreement Establishing The World Trade Organization with Law;

In view of:

Article 5 paragraph (1), Article 11, and Article 20 paragraph (1) of the 1945 Constitution;

With the approval of
THE HOUSE OF PEOPLE'S REPRESENTATIVES

DECIDES :

To stipulate:

LAW ON RATIFICATION OF THE AGREEMENT ESTABLISHING THE WORLD TRADE ORGANIZATION.

Article 1

To ratify the Agreement Establishing the World Trade Organization together with Attachments 1, 2 and 3 thereto, the original text copy in English version and its translation into Indonesian version of which is attached hereto, as an integral part of this Law.

Article 2

This Law shall comes into force as of the effective date of th Agreement as contemplated in Article 1.

For public cognizance, this Law shall be promulgated by placing it in the Statute Book of the Republic of Indonesia.

Ratified in Jakarta
on November 2, 1994

PRESIDENT OF THE REPUBLIC OF INDONESIA
Sgd
SOEHARTO

Promulgated in Jakarta
on November 2, 1994

MINISTER/SECRETARY FOR THE STATE OF THE REPUBLIC OF INDONESIA
sgd.
MOERDIONO

Elucidation ON
LAW OF THE REPUBLIC OF INDONESIA
NUMBER 7 OF 1994
ON RATIFICATION OF AGREEMENT ESTABLISHING THE WORLD TRADE ORGANIZATION