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.
Growth has been erratic and generally
sluggish, averaging less than 1% annually since 2003. There are doubts on the
economic benefits of Fiji's expanded network of bilateral and regional
agreements; some tax incentives have dubious economic merit; and significant
trade and other impediments remain to the efficient allocation of resources,
such as government intervention, state-ownership, public and private monopolies
and a general lack of competition.
The report notes than further market opening and deregulatory measures in key
sectors would facilitate adjustment toward a more diversified and efficient
economy. It also says that the speed at which the economy recovers will hinge in
the interim Government's ability to meet economic challenges like restructuring
of the economy to improve productivity and competitiveness, as well as on making
urgent political reforms.
The WTO report, along with a policy statement by the Government of Fiji, will be
the basis for the second TPR of Fiji by the Trade Policy Review Body of the WTO
on 25 and 27 March 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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European Communities: 6 and 8
Mozambique: 22 and 24 April 2009
Solomon Islands: 6 and 8 May 2009
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