TEXT

By the authority vested in me as President by the Constitution
and the laws of the United States of America, including section
101(b) of the Uruguay Round Agreements Act (Public Law 103-465)
and section 1 of the International Organizations Immunities Act
(22 U.S.C. 288), I hereby implement for the United States the
provisions of Article VIII of the Agreement Establishing the
World Trade Organization.

Section 1. The provisions of the Convention on the Privileges and
Immunities of the Specialized Agencies (U.N. Central Assembly
Resolution 179 (II) of November 21, 1947, 33 U.N.T.S. 261) shall
apply to the World Trade Organization, its officials, and the
representatives of its members, provided:  (1) sections 19(b) and
15, regarding immunity from taxation, and sections 13(d) and
section 20, regarding immunity from national service obligations,
shall not apply to U.S. nationals and aliens admitted for
permanent residence; (2) with respect to section 13(d) and
section 19(c), regarding exemption from immigration restrictions
and alien registration requirements, World Trade Organization
officials and representatives of its members shall be entitled to
the same, and no greater, privileges, exemptions, and immunities
as are accorded under similar circumstances to officers and
employees of foreign governments, and members of their families;
(3) with respect to section 9(a) regarding exemption from
taxation, such exemption shall not extend to taxes levied on real
property, or that portion of real property, which is not used for
the purposes of the World Trade Organization.  The leasing or
renting by the World Trade Organization of its property to
another entity or person to generate revenue shall not be
considered a use for the purposes of the World Trade
Organization.  Whether property or portions thereof are used for
the purposes of the World Trade Organization shall be determined
within the sole discretion of the Secretary of State or the
Secretary's designee:  (4) with respect to section 25(2)(II)
regarding approval of orders to leave the United States, "Foreign
Minister" shall mean the Secretary of State or the Secretary's
designee.

Sec. 2. In addition and without impairment to the protections
extended above, having found that the World Trade Organization is
a public international organization in which the United States
participates within the meaning of the International
Organizations Immunities Act, I hereby designate the World Trade
Organization as a public international organization entitled to
enjoy the privileges, exemptions, and immunities conferred by
that Act, except that section 6 of that Act, providing exemption
from property tax imposed by, or under the authority of, any Act
of Congress, shall not extend to taxes levied on property, or
that portion of property, that is not used for the purposes of
the World Trade Organization.  The leasing or renting by the
World Trade Organization of its property to another entity or
person to generate revenue shall not be considered a use for the
purposes of the World Trade Organization.  Whether property or
portions thereof are used for the purposes of the World Trade
Organization shall be determined within the sole discretion of
the Secretary of State or the Secretary's designee.  This
designation is not intended to abridge in any respect privileges,
exemptions, or immunities that the World Trade Organization
otherwise enjoys or may acquire by international agreements or by
congressional action.

                         /s/William J. Clinton


THE WHITE HOUSE,
April 9, 1997.