An important element in Turkey’s performance is that its applied MFN
tariff on non-agricultural goods are at relatively low rates. The high
level of tariff protection for agriculture, however, has limited the
exposure of the sector to competition. The report states that an
acceleration of Turkey’s structural reforms, extension of the scope of
tariff binding commitments, reduction of bound rates, and further tariff
rationalization would help sustain its economic performance.
An additional favourable factor is that Turkey has moved to improve the
investment climate. As a result, Turkey’s annual Foreign Direct
Investment inflows reached a peak estimated at around US$20,000 million
in 2006. Nevertheless, the report indicates that a number of sectors are
still subject to FDI restrictions (e.g. broadcasting, fishing,
petroleum, mining, and financial services). Turkey also continues to
build on an extensive network of preferential trade agreements due to
its customs union with the EC.
The WTO report, along with a policy statement by the Government of
Turkey, will be the basis for the fourth TPR of Turkey by the Trade
Policy Review Body of the WTO on 10 and 12 December 2007.
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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Pakistan: 16 and 18 of January
Ghana: 28 and 30 of January 2008
Mexico: 11 and 13 February 2008
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