Liberia WTO Implementation Strategy Plan Sample Clauses

Liberia WTO Implementation Strategy Plan. In December 2015, at the WTO Ministerial Conference in Nairobi, the WTO Ministers formally approved Liberia’s WTO membership terms. In the course of its negotiations for accession to the WTO, which began in 2007, Liberia made a number of commitments concerning reform of its customs and trade regime within specified time periods, such as commitments to eliminate pre- shipment inspection, to implement the WTO agreements on valuation and origin rules, and to implement WTO principles concerning transparency. Also in December 2015, the government released “Liberia’s Post Accession Implementation Plan” (LPAP), a short to medium-term roadmap for the implementation of Liberia’s national trade policy, which is focused on certain core areas identified as commitments in the WTO accession. These short to medium term targets are those that the government determined as “likely to positively unlock Liberia’s potential to be a competitive destination for investment by strengthening its systems through domestic reforms”. The LPAP is set out in full in Appendix II. The LPAP is fully consistent with the objectives of the WTO Trade Facilitation Agreement, and vice versa. A number of Liberia’s strategic objectives and actions can be achieved, in part or in full, by the implementation of the TFA measures. We therefore suggest in this paper that Liberia’s TFA implementation action plan should be snychronized or merged with the LPAP. The common elements of the TFA and LPAP are the following -