Trade Policy Review: Zimbabwe 2011

image of Trade Policy Review: Zimbabwe 2011

“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 Zimbabwe.



Report by Zimbabwe

Since its last Trade Policy Review in 1994, Zimbabwe experienced significant developments of both socio-economic and political nature that have impacted on both formulation and application of its Trade Policy. On the socio-economic front, the imposition of sanctions by sections of the international community has massively impacted negatively on the Zimbabwean economy. The sanctions include the enactment of the Zimbabwe Democracy and Economic Recovery Act (ZIDERA) in 2001 by the United States of America (USA), sanctions by the European Union (EU) in 2002 as well as Canada and Australia and their allies.


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