Guinea
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Concluding remarks by the Chairperson of the Trade Policy Review Body, H.E. Mr Bozkurt Aran at the Trade Policy Review of Guinea 28 and 30 September 2011
This joint review of Guinea and Mauritania has allowed us to better understand their recent trade developments and the challenges they face. Our discussions have benefited from the participation of the Honourable Mr Mohamed Dorval Doumbouya (Minister of Commerce) head of the delegation of Guinea; and H.E. Mr Cheikh Ahmed Ould Zahaf (Ambassador) head of the delegation of Mauritania. I am also grateful to H.E. Ambassador Omar Hilale for his valuable contribution as discussant and to Members for their constructive engagement in this review.
Report by the WTO Secretariat
During the period covered by its Fourth Trade Policy Review (TPR) Guinea introduced a number of reforms that helped to improve its economic situation. The adoption of a new Mining Code the implementation of targeted measures in the agricultural sector and the revival of hydro-electric power generation all helped to improve the attractiveness of the Guinean economy which is heavily dependent on mining resources. As a result the annual GDP growth rate less than 2% in 2010 rose to over 5% in 2011 and 2012 before gradually subsiding to 3.5% in 2015 owing to problems in the mining sector aggravated in 2015 by the Ebola epidemic which seriously hampered economic activity. With the end of the epidemic in 2016 mining activities recovered and the agricultural sector began to perform well.
Introduction
Le Mécanisme d’examen des politiques commerciales (MEPC) a été établi à titre expérimental par les parties contractantes du GATT en avril 1989. Il est devenu un élément permanent de l’Organisation mondiale du commerce en vertu de l’Accord de Marrakech qui a institué cette organisation en janvier 1995.