The report notes that trade liberalization, much of it unilateral, has
been an integral part of the structural reforms that have contributed to
this performance, also stimulated by the global boom in demand for
mineral products that accounted for 48.4 % of total merchandise exports
in 2005. In addition, the high degree of transparency in the formulation
and evaluation of Australia’s economic policies enhances government
accountability and public debate over the merits of these policies.
Consequently, transparency has contributed greatly to the continued
process of reform.
The report also notes the need to press ahead with structural reforms as
outlined in the National Reform Agenda, especially those concerning key
infrastructure-related services such as electricity, water and
transport, in order to raise productivity.
The report, along with a policy statement by the Government of
Australia, will be the basis for the fifth Trade Policy Review (TPR) of
Australia by the Trade Policy Review Body of the WTO on 5 and 7 March
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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Canada: 21 and 23 March 2007
Macao, China: 30 April and 2 May 2007
Costa Rica: 7 and 9 May
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