Trade Policy Review Mechanism
E7112
The Trade Policy Review Mechanism is a World Trade Organization process that regularly examines and evaluates members’ trade policies and practices to promote transparency and adherence to multilateral trade rules.
Aliases (5)
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
WTO mechanism
→
international monitoring mechanism → trade policy review process → |
| administeredBy |
World Trade Organization
→
|
| aimsTo |
enhance understanding of WTO members’ trade policies and practices
→
improve the functioning of the multilateral trading system → promote adherence to multilateral trade rules → promote transparency in members’ trade policies → |
| appliesTo |
all WTO members
→
|
| basedOn |
Marrakesh Agreement Establishing the World Trade Organization
→
|
| contributesTo |
better implementation of WTO agreements
→
identification of protectionist trends → peer pressure among WTO members → |
| covers |
goods trade policies
→
intellectual property related trade measures → services trade policies → |
| documentsPublishedAs |
Trade Policy Review reports
→
|
| doesNot |
impose new obligations beyond existing WTO agreements
→
serve as a dispute settlement mechanism → |
| encourages |
voluntary policy changes consistent with WTO rules
→
|
| establishedBy |
WTO Agreement
→
|
| frequencyDependsOn |
member’s share in world trade
→
|
| hasAbbreviation |
TPRM
→
|
| hasScope |
multilateral trade policies and related domestic measures
→
|
| implementedBy |
Trade Policy Review Body
→
|
| involves |
multilateral discussion in the Trade Policy Review Body
→
preparation of a Secretariat report → preparation of a member government report → question and answer process among WTO members → |
| languageOfWork |
English
→
French → Spanish → |
| monitors |
WTO members’ trade policies
→
|
| originatedFrom |
GATT trade policy review procedures
→
|
| originatedIn |
General Agreement on Tariffs and Trade
→
|
| partOf |
World Trade Organization
→
|
| provides |
comprehensive country trade policy profiles
→
information for policymakers, businesses and researchers → systematic surveillance of trade policies → |
| relatedTo |
WTO dispute settlement system
→
WTO monitoring of trade measures → WTO transparency obligations → |
| reportsTo |
General Council of the World Trade Organization
→
|
| resultsIn |
Trade Policy Review Body’s conclusions and recommendations
→
|
| reviewFrequencyFor |
major trading economies
→
|
| subjectTo |
periodic improvements by WTO members
→
|
| supports |
predictability of the multilateral trading system
→
|
| uses |
quantitative and qualitative analysis of trade measures
→
|
Referenced by (12)
| Subject (surface form when different) | Predicate |
|---|---|
|
Marrakesh Agreement
→
Marrakesh Agreement Establishing the World Trade Organization ("Trade Policy Review Body of the World Trade Organization") → |
establishes |
|
Marrakesh Agreement
("Annex 3: Trade Policy Review Mechanism (TPRM)")
→
Marrakesh Agreement Establishing the World Trade Organization ("Annex 3: Trade Policy Review Mechanism") → |
includes |
|
General Council of the World Trade Organization
("Trade Policy Review Body")
→
|
actsAs |
|
World Trade Organization
→
|
coreAgreement |
|
TPRM
→
|
fullName |
|
Trade Policy Review Mechanism
("Trade Policy Review Body")
→
|
implementedBy |
|
General Council (World Trade Organization)
("Trade Policy Review Body")
→
|
meetsAs |
|
TPRM
("Trade Policy Review Body")
→
|
monitoredBy |
|
TPRM
("Trade Policy Review reports")
→
|
outcome |
|
General Council (World Trade Organization)
("Trade Policy Review Body")
→
|
overseesBody |