Paraguay
Concluding remarks by the Chairperson of the Trade Policy Review Body, H.E. Mr. Juan Carlos González at the Trade Policy Review of Paraguay, 20 and 22 September 2017
This fourth Trade Policy Review has provided us with the opportunity to deepen our understanding of Paraguay’s trade and investment policies, and in particular, of the several reforms and changes introduced since the last Review in 2011. I would like to thank the Paraguayan delegation led by Ambassador Luis Fernando Ávalos, Vice-Minister of Foreign Affairs and Integration, for their constructive engagement throughout this exercise. I would also like to thank our discussant, Ambassador Héctor Casanueva of Chile, for his interesting and thought-provoking remarks, as well as the 27 delegations which have taken the floor the first day, for their active participation in this review.
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.