Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-IV§90 |
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2014 |
Measures |
Conformity assessment procedures |
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Relevant information
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The policy also calls for the continued use and reinforcement of the Port State Control (PSC) regime through regional collaboration and by ensuring that PSC inspection targets are met.[100] The authorities have indicated that these targets are currently set at 15% of all ships making a port call. It also aims at promoting the development of domestic ferry services as an alternative transport mode, where practicable.
[100]: The PSC is a mechanism instituted through the IMO by which a state may conduct limited safety inspections of all foreign vessels calling at its ports to ensure their conformity to maritime safety, security, and pollution prevention standards.
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Government TPR |
WT/TPR/G/299/REV.1 |
G-I§1 |
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2014 |
Trade Policy Framework |
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Relevant information
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(…) These realities have been further compounded by natural disasters and other adverse weather conditions experienced during the period under review. (…)
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Government TPR |
WT/TPR/G/299/REV.1 |
G-II§2 |
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2014 |
Trade Policy Framework |
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Relevant information
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External vulnerabilities and a weak global environment, particularly from weaker tourism demand combined with domestic supply shocks contributed in part to the sluggish performance. Natural disasters, as in the case of Hurricane Tomas in 2010 and a major outbreak of a banana leaf disease posed serious challenges towards greater output growth. (…)
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-I§2 |
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2014 |
Trade Policy Framework |
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Relevant information
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(…) Agriculture's GDP contribution remained modest during the review period, partly due to the adverse effects of natural disasters, plant pests, and rising input prices. (…)
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Keywords
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Government TPR |
WT/TPR/G/299/REV.1 |
G-VII§1 |
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2014 |
Trade Policy Framework |
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Relevant information
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(…) The challenges of climate change, external shocks, high debt to GDP ratios, inflationary pressures and volatile food prices are real and have all contributed to an extended period of economic pressure. Consequently, it is Saint Lucia's view that the multilateral trading system must focus on a more equitable framework for trade and greater sensitivity for the circumstances of SVEs.
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-I§6 |
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2014 |
Trade Policy Framework |
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Relevant information
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The Government's short-term reform programme also envisages a number of measures to reinforce the institutional framework and enhance competitiveness, such as: establishing a specialized court for commercial disputes; creating an energy sector regulator and paving the way for commercial entry of renewable energy producers; implementing information technology solutions for fully transactional online presence of the public administration and monitoring of government vehicles; and a better targeted social safety net.
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-Table-III.1 |
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2014 |
Measures |
Other price and market based measures |
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Relevant information
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Table 3.1 Tax revenue by main sources, 2007-12
(EC$ million and %)
2007 2008 2009 2010 2011 2012
Environmental levy 3.0 2.3 2.0 2.2 2.1 1.6
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-III§15 |
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2014 |
Measures |
Other price and market based measures |
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Relevant information
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St. Lucia introduced value added tax (VAT) in October 2012, to replace five indirect taxes: consumption tax, environmental protection levy, motor vehicle rental fee, mobile telephone tax, and hotel accommodation tax. VAT registration with the Inland Revenue Department is compulsory for businesses with annual gross turnover reaching the EC$180,000 threshold. VAT is charged at a general rate of 15% on the supply of services and goods, including imports. A reduced rate of 8% applies, until April 2014, to accommodation services supplied by a hotel, and to food and beverages supplied by a restaurant; thereafter the rate will increase to 9.5%.
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-III§15 |
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2014 |
Measures |
Tax concessions |
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Relevant information
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(…) Zero-rated [VAT] supplies of goods and services include live animals (other than pets); fuel; fresh eggs; uncooked pasta; ventilated boxes for transport of unprocessed agricultural products; water and sewerage; electrical energy; and all exports. A range of goods and services are VAT-exempt, including financial services; medical services; care services to children and aged or disabled persons; veterinary services (other than for pets); education services and materials; postal services supplied by the State; agricultural and fishing inputs; and numerous food items. (…)
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-IV§6 |
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2014 |
Measures |
Tax concessions |
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Relevant information
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A range of agricultural inputs are VAT-exempt, while certain inputs and unprocessed agricultural produce are zero-rated (section 3.1.3). Additional incentives to the agriculture sector generally take the form of partial or complete waivers of import duties, and excise taxes on most items used in production and processing of agricultural commodities (e.g. improved plant and livestock varieties, pick-up and refrigerated trucks, tractors, fertilizers, agri-chemicals, medication, safety gear, land preparation tools and equipment, and fishing vessels and equipment). The fisheries subsector is also eligible for a fuel rebate of EC$0.75/gallon for the first 4,500 gallons. (…)
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