Japan has introduced various measures aimed at further liberalizing
its trade and investment regimes and progress has been made in improving
the competitive environment, including in telecommunications and
financial services. However, the use of contingency measures is somewhat
more evident than before, and potentially important distortions to
competition remain in some sectors particularly in agriculture.
The report says that a sustained recovery would appear to hinge on
continued structural reforms, particularly with regard to: the financial
and corporate sectors; competition policy; pensions; and agriculture. If
implemented, these reforms would help restore business and consumer
confidence, contributing to the sustainability of Japan’s economic
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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9 February and 11 February 2005
Qatar: 21 February and 23 February 2005
Mongolia: 15 and 17 March 2005