Trade Policy Review: Guatemala 2016

image of Trade Policy Review: Guatemala 2016

“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 Guatemala.



Report by the WTO Secretariat

During the period under review, Guatemala intensified its trade liberalization and economic reform efforts. An important step in this process was the elimination, at the beginning of 2016, of the export performance requirements for production under the free-zone and maquila regimes. At the same time, Guatemala updated its government procurement legislation to ensure greater transparency and efficiency, as well as its legislation governing certain aspects of intellectual property rights protection, and took steps to facilitate trade. A number of challenges remain, however, particularly in the competition policy area, where no legislation has yet been implemented.


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