WT/TPR/S/384 • Burundi - 53 - ANNEX 1 BURUNDI WT/TPR/S/384 • Burundi - 54 - TABLE OF CONTENTS 1 ECONOMIC ENVIRONMENT ........................................................................................ 57 1.1 Main features of the economy ......................................................................................57 1.2 Recent economic developments ....................................................................................57 1.3 Trade and investment performance ...............................................................................61 1.3.1 Trends and patterns of trade in goods and services ......................................................61 1.3.2 FDI trends and structure ...........................................................................................63 2 TRADE AND INVESTMENT REGIMES........................................................................... 65 2.1 General framework .....................................................................................................65 2.2 Trade policy formulation and objectives .........................................................................66 2.3 Trade agreements and arrangements ............................................................................67 2.3.1 WTO ......................................................................................................................67 2.3.2 Regional and preferential agreements ........................................................................68 2.4 Investment regime .....................................................................................................68 2.4.1 Overview ................................................................................................................68 2.4.2 Free zone regime .....................................................................................................71 3 TRADE POLICIES AND PRACTICES BY MEASURE ........................................................ 72 3.1 Measures directly affecting imports ...............................................................................72 3.1.1 Customs procedures, valuation and requirements ........................................................72 3.1.2 Rules of origin .........................................................................................................73 3.1.3 Customs duties ........................................................................................................73 3.1.4 Other taxes on imports .............................................................................................74 3.1.5 Duty and tax concessions .........................................................................................74 3.1.6 Import prohibitions, quantitative restrictions and licensing ............................................75 3.1.7 Anti-dumping, countervailing and safeguard measures .................................................75 3.1.8 Other measures affecting imports ..............................................................................75 3.2 Measures directly affecting exports ...............................................................................75 3.2.1 Customs procedures and requirements .......................................................................75 3.2.2 Taxes, charges and levies .........................................................................................75 3.2.3 Export prohibitions, restrictions and licensing ..............................................................76 3.2.4 Export support and promotion ...................................................................................76 3.3 Measures affecting production and trade .......................................................................76 3.3.1 Incentives ...............................................................................................................76 3.3.2 Standards and other technical regulations ...................................................................76 3.3.3 Sanitary and phytosanitary requirements ....................................................................79 3.3.4 Competition policy and price control ...........................................................................80 3.3.5 State trading, State-owned enterprises and privatization ..............................................80 3.3.6 Government procurement .........................................................................................82 3.3.7 Intellectual property rights ........................................................................................83 4 TRADE POLICIES BY SECTOR ..................................................................................... 85 WT/TPR/S/384 • Burundi - 55 - 4.1 Agriculture, forestry and fishing ...................................................................................85 4.1.1 Agricultural policy ....................................................................................................85 4.1.1.1 Policy by subsector ...............................................................................................87 4.1.1.1.1 Agriculture ........................................................................................................87 4.1.1.1.1.1 Coffee ............................................................................................................87 4.1.1.1.1.2 Tea ................................................................................................................88 4.1.1.1.1.3 Cotton ...........................................................................................................89 4.1.1.1.1.4 Sugar ............................................................................................................89 4.1.1.1.1.5 Livestock ........................................................................................................89 4.1.1.1.1.6 Fishing ...........................................................................................................90 4.1.1.1.1.7 Forestry .........................................................................................................91 4.2 Mining and energy ......................................................................................................91 4.2.1 Mining products .......................................................................................................91 4.2.2 Energy and water ....................................................................................................93 4.2.2.1 Water ..................................................................................................................93 4.2.2.2 Electricity .............................................................................................................93 4.2.2.3 Hydrocarbons .......................................................................................................95 4.3 Manufacturing ............................................................................................................95 4.4 Services ....................................................................................................................96 4.4.1 Postal and telecommunications services......................................................................96 4.4.1.1 Telecommunications ..............................................................................................97 4.4.1.2 Postal services ......................................................................................................98 4.4.2 Transport ................................................................................................................98 4.4.2.1 Road transport .....................................................................................................98 4.4.2.2 Air transport .........................................................................................................99 4.4.2.3 Lake transport .................................................................................................... 100 4.4.3 Tourism ................................................................................................................ 100 4.4.4 Financial services ................................................................................................... 101 4.4.4.1 Banks and other financial institutions .................................................................... 101 4.4.4.2 Insurance .......................................................................................................... 102 5 APPENDIX TABLES .................................................................................................. 104 CHARTS Chart 1.1 Structure of merchandise trade, 2012 and 2017 ......................................................62 Chart 1.2 Direction of trade in goods, 2012 and 2017 .............................................................63 TABLES Table 1.1 Basic economic indicators, 2011-2017 ....................................................................57 Table 1.2 Balance of payments, 2011-2017 ...........................................................................60 WT/TPR/S/384 • Burundi - 56 - Table 2.1 Main trade laws and regulations, September 2017 ...................................................66 Table 2.2 Notifications submitted to the WTO between 1 January 2012 and 31 March 2018 ...........67 Table 3.1 List of products subject to excise duties, and applied rates (2018) .............................74