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2008-04-21 - Trade Policy Review - Report by the Secretariat on Grenada Rev.1 (WTTPRS190GRDR1)

2008-04-21 - Trade Policy Review - Report by the Secretariat on Grenada Rev.1 (WTTPRS190GRDR1)

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01/02/2013

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W
ORLD
 
T
RADE
O
RGANIZATION
WT/TPR/S/1xx/GRD/Rev.1
21 April 2008
(08-1881)
Trade Policy Review Body
TRADE POLICY REVIEWReport by the SecretariatGrenadaRevision
This report, prepared for the second Trade Policy Review of Grenada, has beendrawn up by the WTO Secretariat on its own responsibility. The Secretariat has,as required by the Agreement establishing the Trade Policy Review Mechanism(Annex 3 of the Marrakesh Agreement Establishing the World TradeOrganization), sought clarification from Grenada on its trade policies and practices.Any technical questions arising from this report may be addressed toMr. Angelo Silvy (tel. 022 739 5249), and Ms. Katie Waters (tel. 022 739 5067).Document WT/TPR/G/190/GRD contains the policy statement submitted byGrenada. Note:This report is subject to restricted circulation and press embargo until the end of the firstsession of the meeting of the Trade Policy Review Body on Grenada.
 
GrenadaWT/TPR/S/190/GRD/Rev.1Page iiiCONTENTS
 Page
I.ECONOMIC ENVIRONMENT1(1)S
TRUCTURE
 
OF
 
THE
E
CONOMY
, O
UTPUT
,
AND
E
MPLOYMENT
1(2)F
ISCAL
P
OLICY
3(3)M
ONETARY
 
AND
E
XCHANGE
ATE
P
OLICY
4(4)B
ALANCE
 
OF
P
AYMENTS
, T
RADE
 
AND
I
 NVESTMENT
F
LOWS
4(5)O
UTLOOK 
6II.TRADE AND INVESTMENT POLICY FRAMEWORK7(1)G
ENERAL
C
ONSTITUTIONAL
 
AND
L
EGAL
F
RAMEWORK 
7(2)T
RADE
P
OLICY
F
ORMULATION
 
AND
I
MPLEMENTATION
8(3)F
OREIGN
I
 NVESTMENT
EGIME
9(4)I
 NTERNATIONAL
ELATIONS
10(i)World Trade Organization10(ii)Preferential agreements and arrangements12III.TRADE POLICIES AND PRACTICES BY MEASURE12(1)M
EASURES
D
IRECTLY
A
FFECTING
I
MPORTS
12(i)Customs procedures, documentation, and registration12(ii)Customs valuation13(iii)Rules of origin14(iv)Tariffs, and other charges on imports15(v)Other levies and charges19(vi)Import prohibitions, restrictions, and licensing20(vii)Contingency measures22(viii)Technical regulations and standards23(ix)Sanitary and phytosanitary measures25(2)M
EASURES
D
IRECTLY
A
FFECTING
E
XPORTS
27(i)Documentation, export taxes, and restrictions27(ii)Export subsidies, financing, support, and promotion28(3)M
EASURES
A
FFECTING
P
RODUCTION
 
AND
T
RADE
29(i)Legal framework for business and taxation29(ii)Incentives and assistance30(iii)Competition policy and regulatory issues33(iv)Government procurement34(v)Intellectual property rights35IV.TRADE POLICIES BY SECTOR38(1)A
GRICULTURE
38(2)M
ANUFACTURING
40(3)S
ERVICES
41(i)Main features41(ii)Telecommunications42(iii)Financial services44
 
WT/TPR/S/190/GRD/Rev.1Trade Policy ReviewPage iv
 Page
(iv)Air transport47(v)Maritime transport48(vi)Tourism49(vii)Professional services51(viii)Other offshore services52REFERENCES53APPENDIX TABLES55
TABLES
I.ECONOMIC ENVIRONMENTI.1Basic macroeconomic indicators, 2000-062I.2Balance of payments, 2001-065I.3Investment projects, 2001-056II.TRADE AND INVESTMENT POLICY FRAMEWORII.1Main agencies dealing with trade, 20078II.2Notifications to the WTO, 2001-0711III.TRADE POLICIES AND PRACTICES BY MEASUREIII.1Minimum import prices applied in Grenada in the period 2001-0714III.2Structure of the tariff, 200615III.3Summary analysis of the MFN tariff, 200616III.4Tariff headings where applied rates exceed bound rates, 200618III.5Prohibited or restricted imports, 200721III.6Items subject to import licensing, 200722III.7Technical regulations adopted by Grenada, 2001-0624III.8Incentives laws in Grenada30III.9Revenue forgone due to the Fiscal Incentives Act, 2001-0531III.10Membership in international instruments on intellectual property rights, 200736IV.TRADE POLICIES BY SECTOIV.1Major agricultural crops, 2000-0639IV.2Manufacturing exports, 2001-0640IV.3Major manufacturing projects, 2004-0741IV.4Telecommunications statistics, 2002-0643IV.5Telecommunications tariffs, 2003-0643
APPENDIX TABLES
I.ECONOMIC ENVIRONMENTAI.1Merchandise exports and re-exports by group of products, 2000-0657AI.2Merchandise imports by group of products, 2000-0658AI.3Merchandise exports and re-exports by trading partner, 2000-0659AI.4Merchandise imports by trading partner, 2000-0660

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