A report on the trade policies and practices of Japan, published
November 8 by the WTO Secretariat, says that there are tentative signs
of moderate recovery in the Japanese economy but sustained recovery
hinges on structural reforms, including Japan’s further
liberalization of its trade and investment regime.
report also says that since the last review in 2000 the economic
situation has hardly improved against the background of a fragile
banking system, high public debt approaching 140% of GDP, and the high
level of unemployment. In this period, the main source of growth has
been external demand.
following documents are available in MS Word format.
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Policy Reviews are an exercise, mandated in the WTO agreements, in
which member countries’ trade and related policies are examined and
evaluated at regular intervals. Significant developments which may
have an impact on the global trading system are also monitored. For
each review, two documents are prepared: a policy statement by the
government of the member under review, and a detailed report written
independently by the WTO Secretariat. These two documents are then
discussed by the WTO’s full membership in the Trade Policy Review
Body (TPRB). These documents and the proceedings of the TPRB’s
meetings are published shortly afterwards.
copies of previous TPR publications are available for sale from the
WTO Secretariat, Centre William Rappard, 154 rue de Lausanne, 1211
Genève 21 and through the on-line
TPR publications are also available from our co-publisher Bernan Press, 4611-F Assembly Drive, Lanham, MD 20706-4391, United States.
of forthcoming reviews back to top
Venezuela: 27, 29 Nov 2002
Hong Kong, China: 16, 18 Dec 2002