World Bank2014-05-152014-05-152012https://hdl.handle.net/10986/18371This note sketches a possible strategy for Yemen to deepen integration with the Gulf Cooperation Council (GCC). It advocates that Yemen put priority on such integration as a complement to its ongoing effort to accede to the WTO, and pause temporarily the implementation of the free trade agreement with Arab League signatories of the Greater Arab free Trade Agreement. As there is no standard set of GCC accession requirements, closer integration with the GCC will require development of specific action plans for the various policy areas covered by the GCC that identify specific measures to be undertaken by Yemen and GCC partners to realize the potential benefits of cooperation.en-USCC BY 3.0 IGOACCORDACCOUNTINGAGRICULTURAL PRODUCTIONAGRICULTURAL SECTORAGRICULTUREALTERNATIVE INSTRUMENTSAPPLIED TARIFFARAB FREE TRADE AGREEMENTARBITRATIONAVERAGE TARIFFSBENCHMARKSBENEFITS OF TRADEBILATERAL AGREEMENTSBILATERAL TRADEBRAIN DRAINCAPACITY CONSTRAINTSCAPITAL GOODSCOLLECTED TARIFFCOMMERCIAL ARBITRATIONCOMMON MARKETCOMPARATIVE ADVANTAGECOMPETITIVENESSCOMPETITIVENESS OF FIRMSCONFORMITY ASSESSMENT PROCEDURESCONSUMER GOODSCUSTOMSCUSTOMS ADMINISTRATIONCUSTOMS CLEARANCECUSTOMS CLEARANCE PROCEDURESCUSTOMS OFFICIALSCUSTOMS PROCEDURESCUSTOMS UNIONCUSTOMS VALUATIONDEEPER TRADE INTEGRATIONDEPOSITDEVELOPMENT ASSISTANCEDEVELOPMENT POLICYDEVELOPMENT PROJECTSDEVELOPMENT STRATEGYDOMESTIC INDUSTRIESECONOMIC COOPERATIONECONOMIC INTEGRATIONECONOMIC PERFORMANCEECONOMIC SECTORSECONOMIC SITUATIONECONOMIC WELFAREEQUIPMENTESCROWEXCESS DEMANDEXPENDITURESEXPORT MARKETSEXPORT PRODUCTSEXPORT SHAREEXPORTERSEXPORTING COUNTRIESEXPORTSEXTERNAL TARIFFEXTERNAL TARIFF STRUCTUREEXTERNAL TARIFFSEXTERNAL TRADEEXTERNAL TRADE POLICYFOREIGN DIRECT INVESTMENTFOREIGN INVESTMENTFOREIGN INVESTORSFOREIGN OWNERSHIPFREE ACCESSFREE TRADEFREE TRADE AGREEMENTSFREE ZONEGDPGLOBAL MARKETSGLOBAL TRADEGOVERNMENT BUDGETGOVERNMENT REVENUESGROWTH RATEHOST COUNTRIESHOST COUNTRYHUMAN CAPITALIMPLEMENTATION OF COMMITMENTSIMPORT DUTIESIMPORT REGIMEIMPORT SHAREIMPORT TARIFFIMPORT VALUEIMPORTED GOODSIMPORTSINSTRUMENTINSURANCEINTEGRATION AGREEMENTSINTERMEDIATE GOODSINTERNATIONAL TRADEINVESTMENT CLIMATEINVESTMENT FLOWSINVESTMENT OPPORTUNITIESINVESTOR PARTICIPATIONLABOR MARKETLABOR MARKETSLEGAL REFORMLEGAL REFORMSLIBERALIZATION OF TRADELIBERALIZATION OF TRADE IN GOODSLOCATIONAL ADVANTAGESLOW TARIFFSMARKET ACCESSMARKET ACCESS OPPORTUNITIESMARKET REQUIREMENTSMULTILATERAL APPROACHMUTUAL RECOGNITIONNATURAL RESOURCESOPEN TRADEOPEN TRADE REGIMEOPENNESSPATENTSPATTERN OF TRADEPOTENTIAL BENEFITSPREFERENTIAL ACCESSPREFERENTIAL BASISPRIVATE INVESTMENTPROCESS OF CONVERGENCEPROTECTIVE TARIFFSREGIONAL INTEGRATIONREGIONAL TRADEREGIONAL TRADE AGREEMENTSREGIONAL TRADE INTEGRATIONREGULATORY POLICIESREMITTANCESRETURNRULES OF ORIGINSAFETY NETSERVICE SECTOR REGULATIONSKILLED LABORSTOCKSTARIFF LINESTARIFF RATETARIFF REDUCTIONTARIFF REDUCTIONSTARIFF REFORMTARIFF REVENUETARIFF REVENUESTAXTAX REVENUETECHNICAL ASSISTANCETOURISMTRADE AGREEMENTTRADE AGREEMENTSTRADE COMMUNITYTRADE COSTSTRADE DIVERSIONTRADE DIVERSION COSTSTRADE EXPANSIONTRADE FLOWSTRADE LAWSTRADE LIBERALIZATIONTRADE POLICIESTRADE POLICYTRADE POLICY REFORMSTRADE PROTECTIONTRADE REFORMSTRADE REGIMETRADE STRATEGYTRADINGTRANSACTIONS COSTSTRANSPARENCYTURNOVERUNEMPLOYMENTUNILATERAL TRADEUNILATERAL TRADE POLICYVALUE ADDEDVALUE OF EXPORTSVOCATIONAL TRAININGWAGESWEALTHWELFARE LOSSESWORLD PRICESWTO10.1596/18371