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W
ORLD
 
T
RADE
O
RGANIZATION
WT/TPR/S/1xx/ATG/Rev.1
18 April 2008
(08-1868)
Trade Policy Review Body
TRADE POLICY REVIEWReport by the SecretariatAntigua and BarbudaRevision
This report, prepared for the second Trade Policy Review of Antigua andBarbuda, has been drawn up by the WTO Secretariat on its own responsibility.The Secretariat has, as required by the Agreement establishing the Trade PolicyReview Mechanism (Annex 3 of the Marrakesh Agreement Establishing theWorld Trade Organization), sought clarification from Antigua and Barbuda onits 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/ATG contains the policy statement submitted byAntigua and Barbuda. 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 Antigua and Barbuda.
 
Antigua and BarbudaWT/TPR/S/190/ATG/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
5(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 arrangements11III.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 imports14(v)Other levies and charges18(vi)Import prohibitions, restrictions, and licensing19(vii)Contingency measures21(viii)Technical regulations and standards21(ix)Sanitary and phytosanitary measures23(2)M
EASURES
D
IRECTLY
A
FFECTING
E
XPORTS
25(i)Documentation, export taxes, and restrictions25(ii)Export subsidies, financing, support, and promotion25(3)M
EASURES
A
FFECTING
P
RODUCTION
 
AND
T
RADE
27(i)Legal framework for business and taxation27(ii)Incentives and assistance28(iii)Competition policy and regulatory issues29(iv)Government procurement30(v)Intellectual property rights31IV.TRADE POLICIES BY SECTOR33(1)A
GRICULTURE
33(2)M
ANUFACTURING
34(3)S
ERVICES
34(i)Main features34(ii)Telecommunications35(iii)Financial services37
 
WT/TPR/S/190/ATG/Rev.1Trade Policy ReviewPage iv
 Page
(iv)Air transport39(v)Maritime transport41(vi)Tourism42(vii)Professional services44(viii)Other offshore services46REFERENCES47APPENDIX TABLES49
TABLES
I.ECONOMIC ENVIRONMENTI.1Basic macroeconomic indicators, 2000-062I.2Balance of payments, 2001-065II.TRADE AND INVESTMENT POLICY FRAMEWORII.1Notifications to the WTO, 2001-0711III.TRADE POLICIES AND PRACTICES BY MEASUREIII.1Structure of the tariff, 200615III.2Items subject to a 5% customs service tax15III.3Summary analysis of the MFN tariff, 200616III.4Import licensing requirements20III.5Participation in intellectual property conventions and agreements31
APPENDIX TABLES
I.ECONOMIC ENVIRONMENTAI.1Merchandise exports and re-exports by group of products, 2000-0651AI.2Merchandise imports by group of products, 2000-0652AI.3Merchandise exports and re-exports by trading partner, 2000-0653AI.4Merchandise imports by trading partner, 2000-0654
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