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 five member states of this Customs
Union continue to show substantial differences in levels of economic development
and, so far, the only trade policy instruments harmonized are the applied
customs tariff, excise duties, duty rebates, refunds and drawbacks, customs
valuation, non-preferential rules of origin, and contingency trade remedies.
The report notes that the complete
implementation of the 2002 SACU Agreement, which entered into force in July
2004, would result in further harmonization of policies, deeper economic
integration and more balanced development that now seem elusive.
While noting that South African economy,
the biggest and most advanced of the Union, remains relatively diversified, the
report also says that the principal policy imperative faced by the other SACU
countries remains diversification away from the current key export products
(diamonds and other minerals in Botswana and Namibia, textiles in Lesotho and
sugar in Swaziland).
The report, along with policy statements
by the Governments of the Southern African Customs Union (SACU), will be the
basis for the third Trade Policy Review (TPR) of SACU by the Trade Policy Review
Body of the WTO on 4 and 6 November 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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Niger/Senegal: 11 and 13 November 2009
Georgia: 8 and 10 December 2009
Croatia: 16 and 18 December 2009
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