RESTRICTED WT/TPR/S/370 24 April 2018 (18-2575) Page: 1/97 Trade Policy Review Body TRADE POLICY REVIEW REPORT BY THE SECRETARIAT GUINEA This report, prepared for the fourth Trade Policy Review of Guinea, 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 Guinea on its trade policies and practices. Any technical questions arising from this report may be addressed to Jacques Degbelo (tel.: 022 739 5583), Catherine Hennis-Pierre (tel.: 022 739 5640), Michael Kolie (022 739 5931) and Alya Belkhodja (tel.: 022 739 5162). Document WT/TPR/G/370 contains the policy statement submitted by Guinea. 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 Guinea. This report was drafted in French. WT/TPR/S/370 • Guinea - 2 - CONTENTS SUMMARY ........................................................................................................................ 6 1 ECONOMIC ENVIRONMENT .......................................................................................... 8 1.1 Main features of the economy ....................................................................................... 8 1.2 Recent economic developments ....................................................................................10 1.3 Trade and investment performance ...............................................................................12 1.3.1 Trends and patterns in merchandise and services trade ................................................12 1.3.2 Foreign direct investment trends and structure ............................................................13 2 TRADE AND INVESTMENT REGIMES........................................................................... 16 2.1 Overview ...................................................................................................................16 2.2 Trade policy formulation and objectives .........................................................................17 2.3 Trade agreements and arrangements ............................................................................17 2.3.1 WTO ......................................................................................................................17 2.3.2 Regional and preferential agreements ........................................................................19 2.3.3 African Union (AU) ...................................................................................................19 2.3.4 Economic Community of West African States (ECOWAS) ...............................................19 2.3.5 Relations with the European Union .............................................................................19 2.3.6 Relations with the United States ................................................................................20 2.4 Investment regime .....................................................................................................20 3 TRADE POLICIES AND PRACTICES BY MEASURE ........................................................ 23 3.1 Measures directly affecting imports ...............................................................................23 3.1.1 Customs procedures, valuation and requirements ........................................................23 3.1.2 Rules of origin .........................................................................................................27 3.1.3 Customs duties ........................................................................................................27 3.1.3.1 MFN applied tariff ..................................................................................................27 3.1.3.2 Tariff bindings ......................................................................................................32 3.1.3.3 Duty and tax concessions .......................................................................................33 3.1.3.4 Tariff preferences ..................................................................................................34 3.1.4 Other taxes affecting imports ....................................................................................34 3.1.5 Internal taxes..........................................................................................................35 3.1.5.1 Value added tax (VAT) ...........................................................................................35 3.1.5.2 Fixed import levy ..................................................................................................36 3.1.5.3 Excise duty ..........................................................................................................36 3.1.6 Import prohibitions, restrictions and licensing .............................................................37 3.1.7 Anti-dumping, countervailing and safeguard measures .................................................38 3.1.8 Other measures affecting imports ..............................................................................38 3.2 Measures directly affecting exports ...............................................................................38 3.2.1 Procedures and requirements ....................................................................................38 3.2.2 Taxes and levies ......................................................................................................39 3.2.3 Export prohibitions, restrictions and licensing ..............................................................40 WT/TPR/S/370 • Guinea - 3 - 3.2.4 Export subsidies and promotion .................................................................................40 3.2.5 Export financing, insurance and guarantees ................................................................41 3.3 Measures affecting production and trade .......................................................................41 3.3.1 Incentives ...............................................................................................................41 3.3.2 Standards and technical regulations ...........................................................................42 3.3.2.1 Standards, technical regulations, testing, certification and accreditation ......................42 3.3.2.2 Packaging, labelling and marking ............................................................................44 3.3.3 Sanitary and phytosanitary requirements ....................................................................45 3.3.4 Competition and price control policy ...........................................................................47 3.3.4.1 Competition policy ................................................................................................48 3.3.4.2 Price regulation.....................................................................................................48 3.3.5 State trading, State-owned enterprises and privatization ..............................................49 3.3.6 Government procurement .........................................................................................52 3.3.7 Intellectual property rights ........................................................................................54 4 TRADE POLICIES BY SECTOR ..................................................................................... 56 4.1 Agriculture, forestry and fishing ...................................................................................56 4.1.1 Overview ................................................................................................................56 4.1.2 Agricultural policy ....................................................................................................58 4.1.3 Trade policy by principal category of agricultural products ............................................61 4.1.3.1 Rice ....................................................................................................................61 4.1.3.2 Coffee, cocoa, cashew ...........................................................................................61 4.1.3.3 Other crops ..........................................................................................................62 4.1.3.4 Livestock and animal products ................................................................................63 4.1.3.5 Fisheries ..............................................................................................................65 4.1.3.5.1 Overview ..........................................................................................................65 4.1.3.5.2 Regulation .........................................................................................................66 4.1.3.5.3 International trade in fisheries products ................................................................67 4.2 Mining and energy ......................................................................................................68 4.2.1 Mining and quarrying ...............................................................................................68 4.2.1.1 Overview .............................................................................................................68 4.2.1.2 Mining regime ......................................................................................................71