The report notes that Nigeria’s increasing barriers to trade limit the
benefits from its participation in the multilateral trading system.
Liberalization reforms, through the simplification of its import duties
(including its tariff structure), an increase in the scope of its
binding commitments and the removal of import prohibitions, should
enhance the predictability of Nigeria’s trade regime, and contribute to
a better allocation of resources and to the diversification of the
economy away from petroleum products.
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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Ecuador: 8 and 10 June 2005
The Philippines: 5 and 7 July 2005
Egypt: 26 and 28 July 2005