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Guinea-Bissau WT/TPR/S/362 • Guinea-Bissau - 256 - ANNEX 4 – GUINEA-BISSAU WT/TPR/S/362 • Guinea-Bissau - 257 - CONTENTS 1 ECONOMIC ENVIRONMENT ...................................................................................... 260 1.1 Main features ........................................................................................................... 260 1.2 Recent economic developments .................................................................................. 261 1.3 Trade performance ................................................................................................... 263 1.4 Foreign direct investment .......................................................................................... 265 2 TRADE AND INVESTMENT REGIMES......................................................................... 267 2.1 Overview ................................................................................................................. 267 2.2 Trade policy objectives and formulation ....................................................................... 269 2.3 Trade agreements and arrangements .......................................................................... 270 2.3.1 Relations with the World Trade Organization ............................................................. 270 2.3.2 Regional and preferential agreements ...................................................................... 270 2.4 Investment regime ................................................................................................... 270 3 TRADE POLICIES AND PRACTICES BY MEASURE ...................................................... 273 3.1 Measures directly affecting imports ............................................................................. 273 3.1.1 Procedures and requirements .................................................................................. 273 3.1.2 Customs valuation and inspection ............................................................................ 274 3.1.3 Rules of origin ....................................................................................................... 274 3.1.4 Tariffs .................................................................................................................. 275 3.1.5 Other taxes ........................................................................................................... 276 3.1.6 Import prohibitions, restrictions and licensing ........................................................... 277 3.1.7 Anti-dumping, countervailing and safeguard measures ............................................... 277 3.1.8 Other measures ..................................................................................................... 277 3.2 Measures directly affecting exports ............................................................................. 277 3.2.1 Procedures and requirements .................................................................................. 277 3.2.2 Export taxes, charges and levies .............................................................................. 278 3.2.3 Export prohibitions, restrictions and licensing ............................................................ 278 3.2.4 Export support and promotion ................................................................................. 278 3.2.5 Export financing, insurance and guarantees .............................................................. 279 3.3 Measures affecting production and trade ..................................................................... 279 3.3.1 Incentives ............................................................................................................. 279 3.3.2 Standards and other technical regulations ................................................................. 279 3.3.3 Sanitary and phytosanitary measures ....................................................................... 279 3.3.4 Competition policy and price controls ....................................................................... 279 3.3.5 State trading, State-owned enterprises and privatization ............................................ 280 3.3.6 Government procurement ....................................................................................... 280 3.3.7 Intellectual property rights ...................................................................................... 281 4 TRADE POLICY BY SECTOR ...................................................................................... 282 4.1 Agriculture, forestry and fisheries ............................................................................... 282 4.1.1 Overview .............................................................................................................. 282 WT/TPR/S/362 • Guinea-Bissau - 258 - 4.1.2 Overall agricultural policy ....................................................................................... 283 4.1.3 Main subsectors ..................................................................................................... 283 4.1.3.1 Cashew nuts ...................................................................................................... 283 4.1.3.2 Food crops ......................................................................................................... 285 4.1.3.3 Livestock ........................................................................................................... 286 4.1.3.4 Wood ................................................................................................................ 286 4.1.3.5 Fisheries ............................................................................................................ 287 4.2 Mining and energy .................................................................................................... 291 4.2.1 Mining .................................................................................................................. 291 4.2.2 Hydrocarbons ........................................................................................................ 293 4.2.3 Electricity and water .............................................................................................. 294 4.3 Manufacturing .......................................................................................................... 295 4.4 Services .................................................................................................................. 295 4.4.1 Financial services ................................................................................................... 295 4.4.2 Telecommunications ............................................................................................... 296 4.4.3 Transport services ................................................................................................. 298 4.4.3.1 Land transport .................................................................................................... 298 4.4.3.2 Maritime and river transport and port services ........................................................ 299 4.4.3.3 Air transport ....................................................................................................... 299 4.4.3.4 Tourism ............................................................................................................. 300 5 APPENDIX TABLES .................................................................................................. 302 CHARTS Chart 1.1 Structure of merchandise trade, 2011 and 2015 .................................................... 264 Chart 1.2 Direction of merchandise trade, 2011 and 2015 ..................................................... 265 TABLES Table 1.1 Basic economic indicators, 2011-2016 .................................................................. 260 Table 1.2 Balance of payments, 2011-2016 ......................................................................... 262 Table 2.1 Guinea-Bissau's legislative texts relating to trade and investment, 2012 ................... 268 Table 3.1 Formalities and registration fees, 2017 ................................................................. 273 Table 3.2 Fiscal revenue according to main source, 2011-2016 .............................................. 275 Table 3.3 Duty and tax concessions at the customs cordon, 2012-2015 .................................. 276 Table 3.4 Excise duty (imposto especial de consumo), 2017 .................................................. 276 Table 3.5 Import controls, 2017 ......................................................................................... 277 Table 3.6 Contribuição predial rústica, 2017 ........................................................................ 278 Table 3.7 Applications forwarded to OAPI, 2011-2016 .......................................................... 281 Tableau 4.1 Guinea-Bissau's main crops, 2010-2016 ............................................................ 282 Table 4.2 Guinea-Bissau's trade in cashew nuts, 2010-2015 .................................................. 284 Table 4.3 Fisheries legislation ............................................................................................ 288 WT/TPR/S/362 • Guinea-Bissau - 259 - APPENDIX TABLES Table A1.1 Structure of imports, 2011-2015 ........................................................................ 302 Table A1.2 Structure of exports, 2011-2015 ........................................................................ 303 Table A1.3
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