Government TPR |
WT/TPR/G/391 |
G-IV§8 |
Suriname |
2019 |
Trade Policy Framework |
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Relevant information
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Association of Caribbean States (ACS) objectives are based on the strengthening of the regional co-operation and integration process, with a view to creating an enhanced economic space in the region; preserving the environmental integrity of the Caribbean Sea which is regarded as the common patrimony of the peoples of the region; and promoting the sustainable development of the Greater Caribbean. The Republic of Suriname is a member of ACS.
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Secretariat TPR |
WT/TPR/S/391/REV.1 |
S-Summary§ 15 |
Suriname |
2019 |
Measures |
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Chemicals, Manufacturing, Other |
Relevant information
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Suriname maintains import prohibitions on certain chemicals and pesticides, and second-hand vehicles. Import restrictions are in place for firearms, fireworks, narcotic drugs, animals and animal products, and used tyres; (...) In addition, certain goods, including plants and waste, are subject to certification requirements when imported.
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Secretariat TPR |
WT/TPR/S/391/REV.1 |
S-II§27 |
Suriname |
2019 |
Trade Policy Framework |
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Relevant information
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Suriname's market improvements and its strategy for the strengthening and diversification of its industrial base are to be concentrated on production clusters and priority sectors. These clusters are identified based on their potential for GDP growth, employment creation, regional spread, sustainability, international growth and knowledge development, food safety, or environmental impact.
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Secretariat TPR |
WT/TPR/S/391/REV.1 |
S-II§28 |
Suriname |
2019 |
Trade Policy Framework |
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Relevant information
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Aside from clusters in the traditional economic and wealth-creating sectors, such as mining, agriculture and forestry, many new ones have been earmarked for capacity development and support.
These are: (…)
• processing of wood by-products and waste;
• environmental use and repair of forests;
(…)
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Secretariat TPR |
WT/TPR/S/391/REV.1 |
S-II§44 |
Suriname |
2019 |
Trade Policy Framework |
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Relevant information
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Under the 2001 Investment Law, the Minister of Finance can grant various types of incentives in respect of both new investments and the expansion or replacement of existing ones. These incentives are mostly of a fiscal nature, and have not been changed or updated since the last Review: (...) a deduction from taxable income of 20% of investments of at least USD 20,000 in regions designated by the Government, and of 10% in the case of investments of at least USD 1,000 that are in the interest of environmental protection;
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Secretariat TPR |
WT/TPR/S/391/REV.1 |
S-II§46 |
Suriname |
2019 |
Trade Policy Framework |
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Relevant information
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The IDCS sought investments to support Suriname's sustainable and long-term economic development, by acting as a "one-stop shop" for investors, and guiding them through the process of investment regulations and obligations. It also recommended specific sectors to potential investors. These included agriculture, mining, fishery, renewable energy, construction, and services.
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Keywords
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Secretariat TPR |
WT/TPR/S/391/REV.1 |
S-II§49 |
Suriname |
2019 |
Trade Policy Framework |
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Relevant information
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After investigating an investment proposal, InvestSur is required to present its conclusions and recommendations to the Government, and make them publicly available, to improve transparency and objectivity.
The Government makes the final decision regarding the approval and acceptance of investments, by specifically considering the following criteria: (...) environmental effect.
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Secretariat TPR |
WT/TPR/S/391/REV.1 |
S-III§37 |
Suriname |
2019 |
Measures |
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Not specified |
Relevant information
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The Law on the Movement of Goods, which entered into force in October 2003, declared that goods may be brought into Suriname free of non-tariff restrictions, except those restrictions that protect public order, (...) or the environment, national artistic possessions, and industrial and commercial property.
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Secretariat TPR |
WT/TPR/S/391/REV.1 |
S-III§38 |
Suriname |
2019 |
Measures |
Ban/Prohibition |
Chemicals, Manufacturing |
Relevant information
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Suriname maintains import prohibitions for reasons of environmental protection, natural security, and public morality (Table 3.5). Goods affected include chemicals, certain pesticides, and second-hand vehicles.
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Secretariat TPR |
WT/TPR/S/387/REV.1 |
S-IV§29 |
Papua New Guinea |
2019 |
Sectors |
Other environmental requirements |
Fisheries |
Relevant information
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Fisheries management consists of several Fisheries Management Plans, designed to manage the main fisheries sustainably, based on estimates of total allowable catch (TAC). The regulatory instrument is vessel licences issued by the NFA. Fish exports must be licensed and quality inspected (PNG Standards of Fish and Fishery Products Regulation, 2009).
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