However, economic growth has been slow and per capita income has
stagnated, while the high public debt has continued to constrain policy
choices. Reassessing the numerous tariff and other tax exemptions
currently in use could ease those constraints, and result in more
neutral and transparent measures to promote growth.
Jamaica could also enhance the predictability of reforms for traders and
investors by increasing its multilateral commitments, in particular
concerning trade in services, the report also says.
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 on-line
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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Japan: 25 and 27 January 2005
Sierra Leone: 9 and 11 February 2005
and 23 of February 2005