Despite Qatar’s diversification efforts, the economy is still
dominated by oil and gas (56.1% of GDP, around 70% of public revenue,
and almost 90% of total merchandise export earnings). Qatar has been
implementing measures to improve its business and investment climate,
with the objective of further attracting foreign direct investment.
Nevertheless, foreign companies remain excluded from investing in
certain key activities, such as banking, insurance and commercial
The report notes that Qatar’s market remains quite open despite the
slight increase in protection following the implementation of the common
external tariff of the Gulf Cooperation Council (GCC) of which Qatar is
a member. It also stresses that the country needs to bring some elements
of its trade regime more up to date and into greater conformity with WTO
provisions. Continued reforms, including on tariffs and privatization,
and further improvement of Qatar’s multilateral commitments, both on
goods and services, would contribute to better resource allocation and
increase the predictability of its trade regime.
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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Mongolia: 15 and 17 of March 2005
Paraguay: 27 and 29 of April 2005
Nigeria: 11 and 13 of May 2005