Trade Policy Reviews
Last updated: 30/07/2012 //
All WTO Members are subject to a peer review of their trade policies at regular intervals in the Trade Policy Review Body (TPRB). When a trade policy review (TPR) of a country is carried out, all the other members have the opportunity to ask questions and make statements to indicate their view of the country’s trade performance. In the wake of the financial crisis, the Director General also reports regularly to the TPRB on recent trade developments, allowing Members to take stock of various trade and trade related measures implemented.
The frequency of each country’s review varies according to its share of world trade. Norway is reviewed every four years. Last time Norway was subject to a TPR was on 22 and 24 October 2008, where it had its fifth review since becoming a member of WTO in 1995. The next TPR of Norway will be taking place on 9 and 11 October 2012.
Norway makes use of the trade policy review mechanism in order to give other members update on our own policies, as well as raising questions and points of interest to our trading partners. Promoting dialogue and transparency in the multilateral trading system is a key Norwegian priority, which we seek to communicate through our active engagement in the TPR sessions.