Yemen : Towards Deeper Trade Integration

This note sketches a possible strategy for Yemen to deepen integration with the Gulf Cooperation Council (GCC). It advocates that Yemen put priority on such integration as a complement to its ongoing effort to accede to the WTO, and pause temporari...

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Bibliographic Details
Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCORD ACCOUNTING AGRICULTURAL PRODUCTION AGRICULTURAL SECTOR AGRICULTURE ALTERNATIVE INSTRUMENTS APPLIED TARIFF ARAB FREE TRADE AGREEMENT ARBITRATION AVERAGE TARIFFS BENCHMARKS BENEFITS OF TRADE BILATERAL AGREEMENTS BILATERAL TRADE BRAIN DRAIN CAPACITY CONSTRAINTS CAPITAL GOODS COLLECTED TARIFF COMMERCIAL ARBITRATION COMMON MARKET COMPARATIVE ADVANTAGE COMPETITIVENESS COMPETITIVENESS OF FIRMS CONFORMITY ASSESSMENT PROCEDURES CONSUMER GOODS CUSTOMS CUSTOMS ADMINISTRATION CUSTOMS CLEARANCE CUSTOMS CLEARANCE PROCEDURES CUSTOMS OFFICIALS CUSTOMS PROCEDURES CUSTOMS UNION CUSTOMS VALUATION DEEPER TRADE INTEGRATION DEPOSIT DEVELOPMENT ASSISTANCE DEVELOPMENT POLICY DEVELOPMENT PROJECTS DEVELOPMENT STRATEGY DOMESTIC INDUSTRIES ECONOMIC COOPERATION ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC SECTORS ECONOMIC SITUATION ECONOMIC WELFARE EQUIPMENT ESCROW EXCESS DEMAND EXPENDITURES EXPORT MARKETS EXPORT PRODUCTS EXPORT SHARE EXPORTERS EXPORTING COUNTRIES EXPORTS EXTERNAL TARIFF EXTERNAL TARIFF STRUCTURE EXTERNAL TARIFFS EXTERNAL TRADE EXTERNAL TRADE POLICY FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN OWNERSHIP FREE ACCESS FREE TRADE FREE TRADE AGREEMENTS FREE ZONE GDP GLOBAL MARKETS GLOBAL TRADE GOVERNMENT BUDGET GOVERNMENT REVENUES GROWTH RATE HOST COUNTRIES HOST COUNTRY HUMAN CAPITAL IMPLEMENTATION OF COMMITMENTS IMPORT DUTIES IMPORT REGIME IMPORT SHARE IMPORT TARIFF IMPORT VALUE IMPORTED GOODS IMPORTS INSTRUMENT INSURANCE INTEGRATION AGREEMENTS INTERMEDIATE GOODS INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT FLOWS INVESTMENT OPPORTUNITIES INVESTOR PARTICIPATION LABOR MARKET LABOR MARKETS LEGAL REFORM LEGAL REFORMS LIBERALIZATION OF TRADE LIBERALIZATION OF TRADE IN GOODS LOCATIONAL ADVANTAGES LOW TARIFFS MARKET ACCESS MARKET ACCESS OPPORTUNITIES MARKET REQUIREMENTS MULTILATERAL APPROACH MUTUAL RECOGNITION NATURAL RESOURCES OPEN TRADE OPEN TRADE REGIME OPENNESS PATENTS PATTERN OF TRADE POTENTIAL BENEFITS PREFERENTIAL ACCESS PREFERENTIAL BASIS PRIVATE INVESTMENT PROCESS OF CONVERGENCE PROTECTIVE TARIFFS REGIONAL INTEGRATION REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGIONAL TRADE INTEGRATION REGULATORY POLICIES REMITTANCES RETURN RULES OF ORIGIN SAFETY NET SERVICE SECTOR REGULATION SKILLED LABOR STOCKS TARIFF LINES TARIFF RATE TARIFF REDUCTION TARIFF REDUCTIONS TARIFF REFORM TARIFF REVENUE TARIFF REVENUES TAX TAX REVENUE TECHNICAL ASSISTANCE TOURISM TRADE AGREEMENT TRADE AGREEMENTS TRADE COMMUNITY TRADE COSTS TRADE DIVERSION TRADE DIVERSION COSTS TRADE EXPANSION TRADE FLOWS TRADE LAWS TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE POLICY REFORMS TRADE PROTECTION TRADE REFORMS TRADE REGIME TRADE STRATEGY TRADING TRANSACTIONS COSTS TRANSPARENCY TURNOVER UNEMPLOYMENT UNILATERAL TRADE UNILATERAL TRADE POLICY VALUE ADDED VALUE OF EXPORTS VOCATIONAL TRAINING WAGES WEALTH WELFARE LOSSES WORLD PRICES WTO
Online Access:	http://documents.worldbank.org/curated/en/2012/01/16396408/yemen-towards-deeper-trade-integration http://hdl.handle.net/10986/18371

Description
Summary:	This note sketches a possible strategy for Yemen to deepen integration with the Gulf Cooperation Council (GCC). It advocates that Yemen put priority on such integration as a complement to its ongoing effort to accede to the WTO, and pause temporarily the implementation of the free trade agreement with Arab League signatories of the Greater Arab free Trade Agreement. As there is no standard set of GCC accession requirements, closer integration with the GCC will require development of specific action plans for the various policy areas covered by the GCC that identify specific measures to be undertaken by Yemen and GCC partners to realize the potential benefits of cooperation.

Yemen : Towards Deeper Trade Integration

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