News back to top
Introduction back to top
Since public resources are scarce, the efficiency of the procurement process is a primary consideration of every procurement regime. Open, transparent and non-discriminatory procurement is generally considered to be the best tool to achieve ‘value for money’ as it optimises competition among suppliers. At the same time, many WTO Members
still use their purchasing decisions to achieve domestic policy goals, such as the promotion of specific local industry sectors or social groups.
Government procurement is an important aspect of international trade,
given the considerable size of the procurement market (often
10-15 percent of GDP) and the benefits for domestic and foreign stakeholders in terms of increased competition.
Three areas of WTO work on government procurement back to top
There are three main aspects of the WTO’s work on government procurement:
> General overview of the WTO’s
work in these three areas
Technical Co-operation back to top
> Relevant documents
Additional Information back to top
> Procurement legislation of WTO Members