TPRM
E56621
TPRM is the World Trade Organization’s Trade Policy Review Mechanism, a system for regularly examining and evaluating members’ trade policies and practices to promote transparency and adherence to WTO rules.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
World Trade Organization mechanism
ⓘ
trade policy review mechanism ⓘ |
| administeredBy | World Trade Organization ⓘ |
| aimsTo |
identify areas where trade policies can be improved
ⓘ
reduce uncertainty in the global trading environment ⓘ |
| appliesTo | all WTO members ⓘ |
| basedOn | Marrakesh Agreement Establishing the World Trade Organization ⓘ |
| beneficiary |
World Trade Organization
ⓘ
surface form:
WTO members
trading partners seeking information on policies ⓘ |
| characteristic |
does not impose new obligations beyond existing WTO agreements
ⓘ
non-binding and non-enforceable in itself ⓘ |
| createdBy |
Uruguay Round (1986–1994)
ⓘ
surface form:
Uruguay Round negotiations
|
| dataSource |
independent research by the WTO Secretariat
ⓘ
information supplied by the member under review ⓘ |
| feature |
country reports prepared by the WTO Secretariat
ⓘ
discussion in the WTO Trade Policy Review Body ⓘ policy statement prepared by the member under review ⓘ regular peer review of members’ trade policies ⓘ |
| fullName | Trade Policy Review Mechanism ⓘ |
| language | conducted primarily in English, French and Spanish ⓘ |
| legalBasis |
Agreement on Implementation of Article VII of GATT 1994
ⓘ
surface form:
Annex 3 of the Marrakesh Agreement
|
| method | systematic examination of trade and related policies ⓘ |
| monitoredBy |
Trade Policy Review Mechanism
ⓘ
surface form:
Trade Policy Review Body
|
| monitors | implementation of WTO commitments at the national level ⓘ |
| objective |
to enhance understanding of members’ trade policies
ⓘ
to improve adherence to WTO rules and disciplines ⓘ to provide a forum for multilateral surveillance of trade policies ⓘ |
| outcome |
Trade Policy Review Mechanism
ⓘ
surface form:
Trade Policy Review reports
recommendations and observations by WTO members ⓘ |
| predecessor | GATT 1947 trade policy review procedures ⓘ |
| purpose |
to evaluate WTO members’ trade policies and practices
ⓘ
to facilitate the smooth functioning of the multilateral trading system ⓘ to promote transparency in WTO members’ trade policies ⓘ |
| relatedTo |
WTO accession process
ⓘ
WTO dispute settlement system ⓘ multilateral surveillance ⓘ |
| reviewFormat |
plenary meetings of the Trade Policy Review Body
ⓘ
question-and-answer sessions among WTO members ⓘ |
| reviewFrequency |
higher for members with larger shares of world trade
ⓘ
lower for members with smaller shares of world trade ⓘ |
| scope |
goods trade policies
ⓘ
institutional and regulatory frameworks affecting trade ⓘ intellectual property related to trade ⓘ services trade policies ⓘ |
| shortName | TPRM self-link ⓘ |
| supports | evidence-based discussion of trade policy ⓘ |
| yearEstablished | 1995 ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.