Publication: Deepening Trade Reforms in Syria for Improving Competitiveness and Promoting Non-Oil Exports
Date
2010-09
ISSN
Published
2010-09
Author(s)
World Bank
Abstract
Syria made promotion of non-oil exports
one of the main objectives of its development strategy to
counter the emerging twin balance of payments and fiscal
deficits resulting from secular decline of oil production
and exports. To realize this objective, the Government has
implemented a number of trade policy reforms and took
complementary measures in other policy areas during the 10th
five-year plan to improve competitiveness of Syrian products
in international markets. Non-oil exports responded strongly
to the policy improvements. There is now a wide recognition
of the need for further reforms to maintain this momentum.
This paper tried to assess the achievement so far, identify
the remaining gaps in the trade regime, and recommend follow
up measures for broadening and deepening the trade reforms.
The principal recommendations are presented in the attached
policy matrix. The objective of export incentives is to
reduce the costs of exported products with policy
instruments consistent with World Trade Organization (WTO) rules.
Citation
“World Bank. 2010. Deepening Trade Reforms in Syria for Improving Competitiveness and Promoting Non-Oil Exports. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/59959b48-d1bf-5cc2-84b3-013f253ae091 License: CC BY 3.0 IGO.”