Trade monitoring
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Relations with non-governmental organizations
In 2015, non-governmental organizations (NGOs) had many opportunities to voice their views on trade issues and received regular updates on WTO activities. NGOs participated in a number of WTO events, such as the Public Forum, the Fifth Global Review of Aid for Trade and WTO 20th anniversary activities, as well as at the Tenth Ministerial Conference in Nairobi. The WTO organized regional workshops for NGOs and provided regular briefings on trade negotiations and other issues.
Report by the WTO Secretariat
Since its previous Trade Policy Review in 2014, the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu’s (Chinese Taipei) relatively strong fundamentals and well developed outward-looking economy have helped maintain macro-financial stability and ensure the resilience of its export-led economy. During the review period, annual GDP growth ranged from 0.8% (2015) to 4% (2014), and its annual average rate for the period 2014-17 stood at 2.3%, a major slowdown compared to previous performance (averaging 4.3% over 2002-13). Monetary and fiscal stimulus measures are being used to spur economic recovery. Despite some innovation- and labour-related concerns, Chinese Taipei has maintained its position among the world’s most competitive economies, with among the highest living standards, while registering a slight decline in income inequality. Weaknesses in some areas are being addressed via ongoing reforms. Whereas inflation evolved cyclically (0.6% in 2017), the unemployment rate dropped progressively (3.8% in 2017).
L’année en bref
À l’issue de la neuvième Conférence ministérielle de l’OMC, tenue à Bali à la fin de 2013, les Ministres ont approuvé le « paquet de Bali », un ensemble de décisions portant sur la facilitation des échanges, l’agriculture et le développement. À l’occasion de cette Conférence, les Ministres ont aussi approuvé l’accession du Yémen à l’OMC. La RDP lao et le Tadjikistan avaient achevé leur processus d’accession plus tôt dans l’année, portant ainsi le nombre de Membres de l’Organisation à 159. En septembre, M. Roberto Azevêdo est devenu le sixième Directeur général de l’OMC, succédant à M. Pascal Lamy.
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.