EU support to the Palestinian Ministry of National Economy for Trade Policy Formulation and WTO accession
The overarching theme of the project was to develop a National Trade Policy and to facilitate Palestines WTO accession with strategies and a revised legislation. This was to accelerate the countrys integration into the multilateral trading system.
The four core objectives of the project were:
- Development of National Trade Policy, based on a thorough review of existing policies and legislation with a view to their WTO compliance and support of domestic economic needs;
- formulation of a WTO strategy comprising a roadmap and accession plan as guiding document for WTO accession;
- review and revise regional and bilateral trade agreements for them to comply with Palestines trade policy interests and with a view to WTO principles and discipline; the result was a compendium of trade agreements;
- review, revise and develop new trade-related legislation according to Palestines trade policy interests and international best practice with a view to WTO principles and disciplines, resulting in a compendium of revised and new laws.