Trade Policy Review - Niger and Senegal - Further structural reforms would help to improve economic performance
- WTO
- 2009/11/19
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PRESS RELEASE
EMBARGONOT FOR PUBLICATION, or distribution by news agencies UNTIL 1400 Geneva time (1300 GMT) 11 NOVEMBER 2009
PRESS/TPRB/323
11 November 2009
(09-5614)
trade policy review: niger and senegal
Further structural reforms would help to improve economic performance
Since the previous joint review of their trade policies in 2003, the economic performance of Niger and Senegal has been similar, with an annual average rate of growth of 5,1% for Senegal and 5.0% for Niger over the period, according to a WTO Secretariat report on the trade policies and practices of Niger and Senegal.
Senegal’s economic growth has been mainly attributable to the expansion in telecommunications and transport services together with construction, boosted by the relatively large flow of public and private investment. Niger’s economic performance is still determined by the outcome of its harvests, much of its economic activities being agricultural, including livestock breeding.
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