Trade monitoring
Report by Guyana
Guyana welcomes this second Trade Policy Review (TPR) by the Trade Policy Review Body. The Government of Guyana very much appreciated the fruitful consultations with WTO Secretariat staff during the preparations of the TPR.
Report by Mozambique
Mozambique has produced positive economic results over the last decade. The economic environment has been transformed. Mozambique has a low diversified economy. It is dependent from agriculture. Mozambique recorded an average annual per capita income of US$362 in 2006 and this is estimated to have been US$466 in 2008. A combination of several factors: political stability, economic reforms, foreign investment flows, the gradual integration into regional markets and continued international donor support have created the conditions for high economic growth rates recorded in recent years.
Trade in natural resources: Introduction
Natural resources are fundamental for human life. Non-renewables such as oil and natural gas are transformed into the energy that is essential for the production of virtually any other good or service. Renewable resources such as forests, fisheries and aquifers are some of the world’s most precious natural assets. Properly managed, they also have the potential to provide an unending stream of products that contribute greatly to the quality of human life. Natural resources represent a significant and growing share of world trade and amounted to some 24 per cent of total merchandise trade in 2008. The volume of this trade has been quite steady over the past decade, but in value terms has grown annually at 20 per cent.