Although the report stresses that the structural reform process
remains to be completed, Mongolia’s economy is currently on a recovery
path and the progress in economic and political reform, like farm
privatization and price deregulation, financial sector liberalization
and privatization of state entities, has been impressive.
The report also notes the need to diversify Mongolia’s industrial
structure into manufacturing and services and says that the policy
efforts to ensure macroeconomic stability and to implement structural
and other economic reforms needed for sustainable growth would be of
great importance to Mongolia’s long-term growth prospects.
The WTO report, along with a policy
statement by the Government, will be the basis for the Trade Policy
Review (TPR) by the Trade Policy Review Body of the WTO.
following documents are available in MS Word format.
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Trade Policy Reviews are an exercise, mandated in the WTO agreements,
in which member countries’ trade and related policies are examined and
evaluated at regular intervals. Significant developments that may have
an impact on the global trading system are also monitored. For each
review, two documents are prepared: a policy statement by the
government of the member under review, and a detailed report written
independently by the WTO Secretariat. These two documents are then
discussed by the WTO’s full membership in the Trade Policy Review Body
(TPRB). These documents and the proceedings of the TPRB’s meetings are
published shortly afterwards.
copies of previous TPR publications are available for sale from the
WTO Secretariat, Centre William Rappard, 154 rue de Lausanne, 1211
Genève 21 and through the on-line
TPR publications are also available from our co-publisher Bernan Press, 4611-F Assembly Drive, Lanham, MD 20706-4391, United States.
Schedule of forthcoming reviews
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Paraguay: 27 and 29 April 2005
Nigeria: 11 and 13 May 2005
Ecuador: 8 and 10 June 2005