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PRESS RELEASE: PRESS/TPRB/266
20 and 22 June 2006

TRADE POLICY REVIEW: THE SEPARATE CUSTOMS TERRITORY OF TAIWAN, PENGHU, KINMEN, AND MATSU (CHINESE TAIPEI)

A record of strong growth which continued reform can help to maintain

The economy of Chinese Taipei appears to be on a steady growth path, given the ongoing implementation of macroeconomic policy measures and structural reforms, including trade liberalization, with the authorities forecasting GDP growth of 4.25% in 2006, according to a WTO Secretariat report on the Trade policies and practices of Chinese Taipei.

See also:
> More on Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (Chinese Taipei)

But a number of challenges remain, as the Chinese Taipei authorities recognize. The report says that of great importance to Chinese Taipei's longer-term growth prospects will be its efforts to implement structural and other economic reforms to boost competition, including trade liberalization particularly in agriculture.

The report also says that further improvement of Chinese Taipei's investment environment would contribute to attracting inbound direct investment, and improving the efficiency of its economy.

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.

The following documents are available in MS Word format.

• Secretariat report
  > Contents and summary observations (12 pages, 86KB)
  > Economic environment (13 pages, 418KB)
  > Trade and investment regimes (11 pages, 141KB)
  > Trade policies and practices by measure (41 pages, 803KB)
  > Trade policies by sector (21 pages, 274KB)
  > Appendix tables (21 pages, 619KB)
    
• Government report (25 pages, 272KB)
    
• Revisions of the above documents may be issued approximately 2 weeks after the meeting.
    
• Chairperson's concluding remarks
    
• Minutes of the meeting are available approximately 6 weeks after the meeting.
    
• Questions and answers by WTO Members are available approximately 6 weeks after the meeting.
    

Note  back to top

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.

Print 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 bookshop.

The 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  back to top

Togo: 3 and 5 July 2006
Nicaragua: 24 and 26 July 2006
Bangladesh: 13 and 15 September 2006