Suriname
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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.
Concluding Remarks by the Chairperson of the Trade Policy Review Body, H.E. Mr. Manuel A.J. Teehankee of the Philippines at the Trade Policy Review of Suriname, 11 and 13 September 2019.
The third Trade Policy Review of Suriname has offered us a good opportunity to deepen our understanding of recent developments in and challenges to its trade economic and investment policies. The more than 130 advance written questions submitted by 13 Members and the 18 delegations that took the floor during the first day underline the importance attached by Members to Suriname’s trade and investment policies and practices. The statements questions and replies voiced in the course of this Review have highlighted the fact that Suriname is a generally open economy with strong historical and economic links to many parts of the world that is rich in natural resources and for which trade is essential for development.
Trade Policy Review: Suriname 2019
“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 Suriname.