USTR's annual report: GCC trade and investment barriers

Article Abstract:

The US Trade Representative found that the Gulf Cooperation Council (GCC) maintained trade barriers and tariffs that prevented an equal balance of trade between the US and GCC countries. The US had a trade deficit of $672 million in 1994 with $9.6 billion exported to the GCC and $10.3 billion imported from the GCC. Trade barriers include high tariffs on locally produced products; anti-exporting standards; buy-national programs; inadequate intellectual property protection; and barriers to entry into services, financial and shipping industries.

Trade Barriers, United States, Analysis, Middle East, Balance of trade, Transcript, Nontariff trade barriers, Gulf Cooperation Council

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Decree sets policies, controls, priorities for privatization

Article Abstract:

The Royal Decree 42/96 officially ratifies the privatization policies of the Omani government. It authorizes the Ministerial Committee for Privatization to design the program of transfer of administration, from the government to the private sector. The Decree also provides the regulations to be followed by the private companies in running the privatized projects. Projects which have been given top priority are in service and utility industries, such as sanitation, electricity and communications.

Multinationals Regulation NEC, Laws, regulations and rules, Multinational corporations, Privatization, Privatization (Business), Government business enterprises, Public enterprises, International trade regulation, Oman

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Investment liberalization, privatization move forward

Article Abstract:

Issues relating to the investment policy of Pakistan are discussed. The government has made several initiatives to create a more welcoming policy for both domestic and foreign investors, especially in services and non-manufacturing sectors. A Privatisation Commission has been awarded corporate status and will drive privatisation in the country.

Pakistan, Investment Incentives, Financial markets

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