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.
Nevertheless, Guyana’s per capita income
remains low by regional standards and additional reforms are needed to promote
investment and thus development. Exports are still concentrated on a few primary
products, notably gold, sugar, bauxite and rice. And there is large scope for
improvement in areas such as customs procedures and SPS, says the report.
The report also notes that Guyana would participate more fully in the
multilateral trading system if in addition to those reforms it also expanded its
economic infrastructure, particularly in the transport and energy sectors, and
further strengthened governance and the regulatory environment.
The report, along with a policy statement by the Government of Guyana, will be
the basis for the second Trade Policy Review (TPR) of Guyana by the Trade Policy
Review Body of the WTO on 8 and 10 of July 2009.
The 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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Zambia: 27 and 29 July 2009
Chile: 7 and 9 October 2009
Maldives: 26 and 28 October 2009
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