Introduction and overview

Trade policy encompasses the development and implementation of national laws, regulations, and standards to facilitate, promote or otherwise support trade relations between countries and the crossborder movement of tradeables. Effective trade policy is both a prerequisite for and a consequence of the negotiation and implementation of bilateral and multilateral trade agreements between and among countries. Making policy in this important and growing field is especially critical for small developing economies like Guyana whose productive capacity and consumption highly depend on imports and whose income including government revenue depends on export earnings. It is, thus, pertinent that policymaking be guided by an overall strategic vision.

Sustainable Development Goals:

Partnerships for the Goals