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PRESS RELEASE: PRESS/TPRB/298

TRADE POLICY REVIEW:

Trade reforms have born fruit but need to be pursued

To cope with several challenges to its economic regime, Mauritius has undertaken recently bold reforms aimed at liberalizing its trade regime and boosting competitiveness; the reforms have begun to bear fruit, providing a real GDP growth of 5,1% on average per year since 2003, according to a WTO Secretariat report on the trade policies and practices of Mauritius.

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The strong growth in the Services sector, the most important in terms of its contribution to GDP (almost 70% in 2006), and the recovery of the textile industry have provided the backbone to this good performance.

The report adds that Mauritius trade regime would benefit from increased predictability if the gap between applied and bound rates were reduced and the existing services commitments were improved to make them better reflect the current more liberal regime applied in the sector. The report also notes that Mauritius' participation in various regional trade agreements is difficult to manage and to reconcile with its plans to transform the country into a duty-free island.

The WTO Secretariat report, along with a policy statement by the Government of Mauritius, will be the basis for the third TPR of Mauritius by the Trade Policy Review Body of the WTO on 23 and 25 April 2008.

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Full list of previous TPRs
  

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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.

  

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

China: 21 and 23 May 2008
United States: 9 and 11 June 2008
Oman: 25 and 27 June 2008

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