RESTRICTED
WORLD TRADE WT/TPR/D/4/Rev.11
17October 1996
ORGANIZATION
(96-4314)
Trade Policy Review Body Original: English
TRADE POLICY REVIEW MECHANISM
Review ofNewZealand
Communication from theDiscussants
Revision
Inpursuance ofAnnex 3,paragraph C(iv) oftheWTO Agreement, thefollowing areoutlines
ofthemainpoints toberaised byH.E. Mr.Nestor Osorio (Colombia) andMr.JanMichalek (Poland)
atthereview ofNewZealand on21-22 October 1996.
Itisrecalled thatthediscussants actintheirpersonal capacity.
(a) Ambassador Nestor Osorio
1. NewZealand 'sReform Process
2. Impact ofinternational economy onNewZealand
3. Macroeconomic environment
(a)Current Account Deficit
-Public Sector Surplus
-Planned TaxCutsinlowincome sectors
(b)Realappreciation ofcurrency andpressure onexporters
4. Government Participation intheEconomy
-Privatization andCorporatization
-Privatization intheServices Sector
5. Foreign Direct Investment andCurrent Account position
6. NewZealand 'sparticipation inregional agreements
(b) Mr.JanMichalek
1. Unilateral tariff reductions overthepastdecade asaclearly stated goaloftheNew
Zealand Government
2. Impact oftheURonNewZealand 'swelfare andtrade
3. Tariff Escalation insome industries
4. RoleofAgricultural Marketing Boards inNewZealand 'sAgricultural Exports
5. Australia -NewZealand Closer Economic Trade Agreement
6. NewZealand andtheWTO Government Procurement Agreement
7. "Contestability" concept inNewZealand 'scompetition policy.
1English only.