Trade Policy Review Body - Overview of developments in the international trading environment - Annual report by the Director-General - (Mid-October 2016 to mid-October 2017)

OVERVIEW OF DEVELOPMENTS

IN THE INTERNATIONAL TRADING ENVIRONMENT

Annual Report by the DIRECTOR-GENERAL[1]

 

(Mid-October 2016 to mid-October 2017)

Table of contents

KEY FINDINGS. 4

EXECUTIVE SUMMARY. 7

1   INTRODUCTION.. 9

2   RECENT ECONOMIC AND TRADE DEVELOPMENTS. 11

2.1   Overview.. 11

2.2   Economic Developments. 12

2.3   Merchandise Trade. 14

2.4   Trade in Commercial Services. 17

2.5   Trade Forecast and Economic Outlook. 18

3   TRADE AND TRADE-RELATED POLICY ISSUES. 24

3.1   Overview of trends identified during the period under review.. 24

3.2   Trade-Remedies. 28

3.3   Sanitary and phytosanitary measures (SPS) 41

3.4   Technical Barriers to Trade (TBT) 48

3.5   Trade Concerns Raised in Other WTO Bodies. 57

3.6   Policy Developments in Agriculture. 65

3.7   General Economic Support 71

3.8   Overview of Trade Policy Reviews. 72

3.9   Other Selected Trade Policy Issues. 84

4   POLICY DEVELOPMENTS IN TRADE IN SERVICES. 95

5   POLICY DEVELOPMENTS IN TRADE AND INTELLECTUAL PROPERTY. 102

6   TRANSPARENCY OF TRADE POLICIES. 106

ANNEX 1. 123

MEASURES FACILITATING TRADE. 123

ANNEX 2. 138

TRADE REMEDIES. 138

ANNEX 3. 158

OTHER TRADE-RELATED MEASURES. 158

ANNEX 4. 171

MEASURES AFFECTING TRADE IN SERVICES. 171

APPENDIX 1 - PARTICIPATION.. 225




[1] This Report covers the period mid-October 2016 to mid-October 2017. It is presented pursuant to Paragraph G of the Trade Policy Review Mechanism mandate and aims to assist the Trade Policy Review Body to undertake its annual overview of developments in the international trading environment that are having an impact on the multilateral trading system. The Report is issued under the sole responsibility of the Director‑General. It has no legal effect on the rights and obligations of Members, nor does it have any legal implications with respect to the conformity of any measure noted in the Report with any WTO Agreements or any provisions thereof.