GIS – October 28, 2014: Mauritius was found to be largely compliant with its World Trade Organisation (WTO) obligations and was referred to as a top performer at the meeting of the country’s Fourth Trade Policy Review on 22 October in Geneva.
The Trade Policy Review is a transparency exercise which takes place every six years for Mauritius. The objective is to examine the compliance of the trade policies and practices of the country with the WTO Agreements.
The Fourth Review of Mauritius took place on the 22nd and 24th of October 2014 in Geneva. For each review, two reports are prepared: a policy statement by the Government under review, and a detailed report written independently by the WTO Secretariat. Both these reports detail the economic trajectory of Mauritius since the last Trade Policy Review held in 2008 and the policies which Government has adopted with regards to trade development in compliance with its commitments under the WTO.
The progress made by Mauritius since its last Trade Policy Review on the economic front and, the ambitious economic reform program being implemented by Government since 2006, were commended by the Ambassador of Colombia to the WTO, at the meeting of the fourth Trade Policy Review of Mauritius. The Columbian Ambassador’s job as discussant was to examine both the above report.
WTO Member States were given two weeks prior to the review to submit written questions on the documents for which responses were provided before the start of the review process. Mauritius received 65 questions from the following countries: EU, US, Canada, Brazil, China, Thailand, and Peru. Questions and clarifications were also sought during the Trade Policy Review itself.
Around 20 delegations took the floor including all those who submitted written questions and congratulated Mauritius for the active role it has been playing at the WTO and for the economic result it has achieved since the last Trade Policy Review in spite of the global financial and economic crisis.
According to a Press Release issued by the Ministry of Foreign Affairs, Regional Integration and International Trade, the Economic Reform Programme of Mauritius was unanimously applauded by all those who took the floor during the meeting, in particular on measures taken to facilitate and promote investment, diversify the economic base of the country and trade liberalisation programme which the country has pursued.
Mauritius was presented by most of the African Countries who took the floor as a showcase and as an inspiration for them. The steps taken by Government to develop the Ocean as a new pillar of the economy were appreciated by all, with Canada even willing to share its experience in the sector and support Mauritius in the development of same.
Government Information Service, Prime Minister’s Office, Level 6, New Government Centre, Port Louis, Mauritius. Email: email@example.com Website:http://gis.gov.mu