However, the report notes that some non-tariff barriers persist,
notably non-automatic import licensing, as well as lengthy customs
procedures and the use of reference prices. Foreign investment generally
receives national treatment but there are constraints to private
investment in some sectors.
The report says that addressing these en other trade and investment
barriers would help sustain economic growth and enhance the ability of
Ecuador’s economy to respond to external shocks in the absence of an
independent monetary policy.
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.
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.
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
back to top
The Philippines: 5 and 7 July 2005
Egypt: 26 and 28 July 2005
Trinidad and Tobago: 14 and 16 September 2005