One of the main objectives of the country's poverty reduction strategy is to diversify the economic base by stimulating agriculture, mining, forestry and downstream processing, since the economy is dominated by petroleum exploitation, according to the report. Leveraging the deepwater port of Pointe-Noire, the Republic of Congo could promote trade, including transit services, by addressing deficiencies in the transport network, particularly land transport.
The report also indicates that the Republic of Congo would do well to improve the scope of its commitments in trade in goods and services and to adhere more closely to the principles of the WTO. This would help create a more business friendly environment and to make the trade regime more transparent, credible and predictable. The report suggests that the WTO trading partners of the Republic of the Congo could support its efforts in this regard by reinforcing its programme of trade-related technical assistance.
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
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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Kyrgyz Republic: 9 and 11 October 2006
Kenya, Tanzania, and Uganda: 25 and 27 October 2006
Colombia: 22 and 24 November 2006
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