Norway
Trade Policy Review: Norway 2012
“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat a report by the government and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member’s major exports/imports main export destinations origins for its imports and other key data. This edition looks into the trade practices of Norway.
Trade Policy Review: Norway 2018
“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat a report by the government and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member’s major exports/imports main export destinations origins for its imports and other key data. This edition looks into the trade practices of Norway.
Trade Policy Review: Norway 2008
“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat a report by the government and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member’s major exports/imports main export destinations origins for its imports and other key data. This edition looks into the trade practices of Norway.
Introduction
The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT contracting parties in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.
Preface
The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT CONTRACTING PARTIES in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.
Report by the WTO Secretariat
Rich in natural resources Norway has been running a surplus in merchandise trade for more than 20 years. With sizeable exports of crude oil and natural gas the surplus on the current account exceeded 10% every year during 2007-11. Norway saves a good portion of its oil and gas wealth in the Government Pension Fund – Global invested entirely in assets abroad. At the end of March 2012 the Fund’s assets were valued at NKr 3.5 trillion (€460 billion). The central government budget has been in surplus every year since 1995.
Preface
The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT CONTRACTING PARTIES in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.
Concluding Remarks by the Chairperson of the Trade Policy Review Body, H.E. Mrs. Elin Johansen (Norway) at the Trade Policy Review of The State of Kuwait 7 and 9 February 2012
This first Trade Policy Review of the State of Kuwait has given us a much better understanding of recent developments in its trade and trade-related policies and practices together with the challenges it faces. We are grateful for the active participation of the Kuwaiti delegation headed by H.E. Ambassador Dharar Razzooqi Permanent Representative in Geneva. I would also like to thank the discussant Ambassador Shahid Bashir of Pakistan and Members of the TPRB for contributing to our fruitful exchange of views.