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RESTRICTED WT/TPR/S/325 13 October 2015

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RESTRICTED WT/TPR/S/325 13 October 2015 RESTRICTED WT/TPR/S/325 13 October 2015 (15-5336) Page: 1/116 Trade Policy Review Body TRADE POLICY REVIEW REPORT BY THE SECRETARIAT JORDAN This report, prepared for the second Trade Policy Review of Jordan, has been drawn up by the WTO Secretariat on its own responsibility. The Secretariat has, as required by the Agreement establishing the Trade Policy Review Mechanism (Annex 3 of the Marrakesh Agreement Establishing the World Trade Organization), sought clarification from Jordan on its trade policies and practices. Any technical questions arising from this report may be addressed to Ms Zheng Wang (tel.: 022 739 5288), Mr. Usman Ali Khilji (tel.: 022 739 6936) and Mr. John Finn (tel.: 022 739 5081). Document WT/TPR/G/325 contains the policy statement submitted by Jordan. Note: This report is subject to restricted circulation and press embargo until the end of the first session of the meeting of the Trade Policy Review Body on Jordan. This report was drafted in English. WT/TPR/S/325 • Jordan - 2 - CONTENTS SUMMARY ........................................................................................................................ 7 1 ECONOMIC ENVIRONMENT ........................................................................................ 10 1.1 Recent Economic Developments.................................................................................. 10 1.2 Monetary and Exchange Rate Policy ............................................................................ 12 1.3 Fiscal Policy and Public Debt ....................................................................................... 12 1.4 Other Measures ........................................................................................................ 13 1.4.1 Employment issues ................................................................................................ 13 1.4.2 Business environment ............................................................................................ 13 1.4.3 Public utilities and energy strategy ........................................................................... 14 1.5 Balance of Payments ................................................................................................. 14 1.6 Developments in Trade .............................................................................................. 15 1.6.1 Composition of merchandise trade ............................................................................ 15 1.6.2 Direction of merchandise trade ................................................................................ 16 1.7 Foreign Direct Investment ......................................................................................... 18 2 TRADE AND INVESTMENT REGIME ............................................................................ 20 2.1 General Constitutional and Institutional Framework ....................................................... 20 2.2 Trade Policy Formulation and Implementation ............................................................... 20 2.3 Trade Policy Objectives ............................................................................................. 22 2.4 Trade Agreements and Arrangements .......................................................................... 22 2.4.1 WTO .................................................................................................................... 22 2.4.2 Regional and bilateral agreements ............................................................................ 24 2.4.3 Other preferential arrangements .............................................................................. 26 2.5 Investment Regime .................................................................................................. 26 3 TRADE POLICIES AND PRACTICES BY MEASURE ........................................................ 31 3.1 Measures Directly Affecting Imports ............................................................................ 31 3.1.1 Customs procedures valuation and rules of origin ....................................................... 31 3.1.2 Tariffs .................................................................................................................. 33 3.1.2.1 MFN tariffs ......................................................................................................... 33 3.1.2.2 Tariff preferences ................................................................................................ 37 3.1.2.3 Tariff exemptions and reductions ........................................................................... 38 3.1.3 Other charges affecting imports ............................................................................... 38 3.1.4 Import prohibitions, restrictions, and licensing ........................................................... 39 3.1.5 Contingency measures ........................................................................................... 40 3.1.6 Standards and other technical requirements .............................................................. 42 3.1.6.1 Standards and technical regulations ....................................................................... 42 3.1.6.1.1 Standardization ................................................................................................ 42 3.1.6.1.2 TBT notifications .............................................................................................. 43 3.1.6.1.3 Conformity assessment, accreditation ................................................................. 43 3.1.6.1.4 Labelling and packaging requirements ................................................................. 44 WT/TPR/S/325 • Jordan - 3 - 3.1.6.2 Sanitary and phytosanitary requirements ............................................................... 44 3.1.7 Government procurement ....................................................................................... 47 3.1.8 Trade-related investment measures (TRIMs) .............................................................. 49 3.2 Measures Directly Affecting Exports ............................................................................. 49 3.2.1 Export procedures and requirements ........................................................................ 49 3.2.2 Export fees ........................................................................................................... 49 3.2.3 Export prohibitions, restrictions, and licensing ............................................................ 50 3.2.4 Export subsidies, finance, insurance, and assistance ................................................... 51 3.2.4.1 Export subsidies.................................................................................................. 51 3.2.5 Other export support measures ............................................................................... 52 3.2.6 Zones .................................................................................................................. 53 3.2.6.1 Free zones, development areas, and industrial estates ............................................. 53 3.2.6.2 Aqaba special economic zone ................................................................................ 54 3.2.6.3 Qualifying industrial zones (QIZs) .......................................................................... 54 3.3 Measures Affecting Production and Trade ..................................................................... 55 3.3.1 Incentives ............................................................................................................ 55 3.3.2 Tax ...................................................................................................................... 56 3.3.3 Competition policy and price controls ........................................................................ 58 3.3.3.1 Competition policy .............................................................................................. 58 3.3.3.2 Price controls ..................................................................................................... 59 3.3.4 State-owned enterprises, privatization and state trading.............................................. 61 3.3.4.1 SOEs and privatization process ............................................................................. 61 3.3.4.2 State trading ...................................................................................................... 62 3.3.5 Intellectual property rights ...................................................................................... 63 3.3.5.1 Overview ........................................................................................................... 63 3.3.5.2 Patents .............................................................................................................. 65 3.3.5.3 Copyright ........................................................................................................... 65 3.3.5.4 Trademarks ........................................................................................................ 66 3.3.5.5 Enforcement of intellectual property rights .............................................................. 66 4 TRADE POLICIES BY SECTOR ..................................................................................... 68 4.1 Agriculture .............................................................................................................. 68 4.1.1 Overview .............................................................................................................
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