El Salvador
Trade Policy Review: El Salvador 2010
“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 El Salvador.
Trade Policy Review: El Salvador 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 El Salvador.
Concluding Remarks by the Chairperson of the Trade Policy Review Body, H.E. Mr Istvan Major at the Trade Policy Review of El Salvador 10 and 12 February 2010
This third Trade policy reciew of EI salvador has given way to an excellent exchange of views among Members contributing to a better understanding of its trade and investment policies and practices. This has been made possible by the clear and comprehensive presentations by the salvodoran delegation led by Deputy-minister Hernandez the comments by our discussant Mr Lin and by the active participation of many Members.
Report by the WTO Secretariat
Trade and Investment play an important role in EI salvador’s economy reflecting in part the openness of itstrade and investment regime. The trade policy regime of EI salvador has been further liberalized since EI salvador’s previous Trade Policy Review in 2003. Progress has been made in modernizing customs elimingating unnecessary licensing requirements enhancing the transparency of technical regulations and SPS measures and strengthening the institutional framework on competition policy and government procurement. As part of its liberalization efforts EI Salvador has entered as well into three new preferential trade agreements(with Chinese Taipei Panama and the United States) and continued to assign high priority to deepening central american intergration. EI Salvador has also maintained its long-standing strategy of granting exporters refunds as well as fiscal privileges through free-trade zones (FTZs) which result in subsidies and tex breaks that distort economic incentives.
Introduction
The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT contracting parties in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.
Report by El Salvador
Since its last trade policy review EI Salvador has made considerable progress on the economic front and has continued to consolidate its strategy of appropriate integration in international trade through active participation in the trade negotiation processes and through policies aimed at attracting foreign direct investment.
Preface
The Trade policy review mechanism (TPRM) was first established on a trial basis by the GATT CONTRACTING PARTIES in april 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.