PRESS
RELEASE: PRESS/TPRB/255
2 and 3 November 2005
TRADE POLICY REVIEW: BOLIVIA
The trade regime has improved but greater predictability is needed
Since its last review in 1999, Bolivia has modernized and simplified its trade policy but economic growth has been sluggish and investment trends have proved disappointing, according to a WTO Secretariat Report on the Trade Policies and Practices of Bolivia.
See also:
> More
on Bolivia
The report notes that it is of critical importance for Bolivia to
increase investment, including foreign investment, in order to enhance
productivity and promote growth. Bolivia could make significant headway
in that direction if it improved the predictability of its trade and
investment regime by undertaking broader multilateral commitments to
consolidate the considerable liberalization steps it has already taken.
This could include new commitments under the GATS. Although Bolivia has
bound all its tariffs, predictability would be further enhanced by
narrowing the gap between applied and bound tariffs.
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 following documents are available in MS Word format.
- Secretariat report
> Contents and summary observations (10 pages, 104KB)
> Economic environment (12 pages, 475KB)
> Trade and investment regimes (14 pages, 135KB)
> Trade policy by measure (55 pages, 834KB)
> Trade policy by sector (49 pages, 361KB)
> Appendix tables (19 pages, 1001KB)
- Government report (22 pages,
263KB)
- Revisions of the above documents may be issued approximately
2 weeks after the meeting.
- Chairperson's concluding remarks
- Minutes
of the meeting are available approximately 6 weeks after the meeting.
- Questions and answers by WTO Members are available approximately 6 weeks after the meeting.
Note 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抯 full membership in the Trade Policy Review Body (TPRB). These documents and the proceedings of the TPRB抯 meetings are published shortly afterwards.
Print copies of previous TPR publications are available for sale from the WTO Secretariat, Centre William Rappard, 154 rue de Lausanne, 1211 Gen鑦e 21 and through the on-line bookshop.
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 back to top
Romania: 28 and 30 November 2005
Malaysia: 16 and 18 January 2006
Djibouti: 27 February 1 March 2006