Press Release: WTO praises EU’s leading role in working towards the launch of a new multilateral trade Round

World Trade Organisation issues its latest 'Trade Policy Review' of the EU's trade policy. The WTO says: 'Continued European Union (EU) participation in WTO trade initiatives have resulted in a basically open market for industrial products with a simple average tariff of 4.2% in 1999, down from 4.9% in 1997, says a new WTO report on the trade policies of the EU. The WTO report says however that market access barriers for textiles and clothing are significant due to higher tariffs and quotas in place. The report states that conditions of access on agricultural products are adversely affected by the operation of the Common Agricultural Policy (CAP)'.

http://europa.eu/rapid/pressReleasesAction.do?reference=IP/00/787&format=HTML&rapid=0&language=EN&guiLanguage=en http://europa.eu/rapid/pressReleasesAction.do?reference=IP/00/787&format=HTML&rapid=0&language=EN&guiLanguage=en

http://www.wto.org/english/tratop_e/tpr_e/tpr_e.htm http://www.wto.org/english/tratop_e/tpr_e/tpr_e.htm

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