RESTRICTED
WORLD TRADE WT/TPR/D/13
18September 1997
ORGANIZATION(97-3763)
Trade Policy Review Body
TRADE POLICY REVIEW MECHANISM
REVIEW OFCHILE
Communication from theDiscussants
Inpursuance ofAnnex 3,paragraph C(iv)oftheWTO Agreement, thefollowing areoutlines
ofthemain points toberaised bythediscussants, H.E. MsEveline L.Herfkens (Netherlands) and
H.E.Mr.Krirk-KraiJirapaet(Thailand),attheTradePolicyReviewofChileon23-24September1997.
Itisrecalled thatthediscussants actintheirpersonal capacity.
(a) Ambassador Eveline L.Herfkens
-Macroeconomic performance:
-control ofinflation; balanced budget; solid growth; social indicators;
-further challenges, managing pressures arising from capital inflows: monetary
sterilization; effects ofrising realexchange rateonexports; reliance oncopper
exports.
-RoleofFDI.
-Roleofstate, privatization:
-stateinvolvement inproduction minimized except incopper.
-Globalization, regionalism andunilateral reforms.
-Dualism between successful exports andimport competing/subsistence farming.
-Liberalization intheservices sector: linkages toother sectors ofeconomy; investment ties;
regulatory questions.
-Programmes ofsupport forregional development within Chile.
./.
Note: Thiscommunication issubject torestricted circulation andpress embargo untiltheendoftheMeeting
oftheTrade Policy Review Body onChile.WT/TPR/D/13
Page2
Miscellaneous
-Government procurement.
-Market access forleastdeveloped countries.
(b) Ambassador Krirk-Krai Jirapaet
General direction oftrade policy
-Reliance on(notified) subsidies topromote non-traditional exports; howwillChile cope
when subsidies phased out?
-Mutual consistency ofmultilateral, regional andunilateral approaches totradeliberalization.
-Regional integration agreements: links with MERCOSUR andother countries; future
developments.
-Impact ofregional agreements uponpolicy: rulesoforigin, differential treatment ofsectors.
-Compliance withWTO commitments.
Miscellaneous
-Antidumping andsafeguards.
-Intellectual property rights.