World Trade Organization

Trade Policy Review - Australia World Trade Organization

The reviews focus on members' own trade policies and practices but they also take into account the countries' wider economic and development needs, their policies and objectives and the external economic environment that they face. These peer reviews by other WTO members encourage governments to follow more closely the WTO rules and disciplines and to fulfil their commitments. In practice the reviews have two broad results; they enable outsiders to understand a country's policies and circumstances, and they provide feedback to the reviewed country on its performance in the system.