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THIS NEWS STORY is designed to help the public understand developments in the WTO. While every effort has been made to ensure the contents are accurate, it does not prejudice member governments’ positions.
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At the 9th meeting of the Working Party on the Accession of Azerbaijan, members reviewed Azerbaijan’s trade-related reforms and assessed their conformity with WTO rules. They also examined legislative developments and evaluated the progress made in the bilateral negotiations on market access for goods and services. Azerbaijan is currently negotiating with ten members.
Members requested more information on Azerbaijan’s pricing policies, state trading enterprises, investment regime, competition policy, trading rights, tariff rate quotas, export duties and restrictions, export subsidies, agricultural policy, trade remedies, free trade zones, intellectual property, sanitary and phytosanitary measures, technical barriers to trade and government procurement.
Azerbaijan’s Deputy-Minister of Foreign Affairs, Mahmud Mammad-Guliyev said that his country faced the challenge of high dependence on the oil and gas sector. Therefore, diversifying the economy was a priority of the Government to foster the social and economic development of its regions. Deputy-Minister Mammad-Guliyev concluded that WTO accession was central to Azerbaijan’s diversification and long-term economic sustainability efforts.
The Chairperson of the Working Party, Ambassador Walter Lewalter (Germany), urged Azerbaijan to continue pursuing its domestic reforms and market access negotiations in a proactive manner to move the process forward.
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