A Comparative Overview of the Incidence of Non-Tariff Measures on Trade in Lao PDR

An efficient and transparent regulatory framework governing international trade is a necessary condition for countries to realize the benefits of international trade. Over the last decade, Lao PDR has been deepening its economic ties with the globa...

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Bibliographic Details
Main Author:	World Bank Group
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	TARIFFS REGULATORY FRAMEWORK EQUIPMENT TRADE ALERT PRODUCTION ENVIRONMENTAL PROTECTION BARRIERS TO TRADE TRADE NEGOTIATIONS TARIFF EQUIVALENTS BILATERAL NEGOTIATIONS FOREIGN INVESTORS SEARCH IMPORT PRODUCT TAXONOMY RESEARCH AGENDA TRADE BARRIERS PRODUCERS FINANCIAL RESOURCES IMPORT TAXES TIMBER PROTECTIONIST INFORMATION EXPORTS DOMESTIC MARKET DEVELOPING COUNTRIES ENTRY POINT MONITORING CENTRALLY PLANNED ECONOMIES IMPACT ASSESSMENT ECONOMIC EFFECTS INDUSTRIAL DEVELOPMENT DISTRIBUTION TAX SYSTEMS MODELS PRICE TARIFF EQUIVALENT PC MARKET ACCESS EXPORT SUBSIDIES TECHNICAL REGULATIONS HOME PAGE DEVELOPED COUNTRIES CUSTOMS CLEARANCE TRADE REGULATIONS TRADE DEVELOPMENT TARIFF POLICY IMPORT LICENSES CUSTOMS DUTIES INSTITUTIONS DATA TRADE IN GOODS FOREIGN TRADE GLOBAL ECONOMY COMMERCE OIL TRADE RESTRICTIONS INTERNATIONAL TRADE AGENDA IMPORT QUOTAS NON-TARIFF BARRIERS ONLINE DATABASE LICENSE CUSTOMS TECHNICAL REGULATION QUOTAS CUSTOMS DECLARATION AUTOMATION CONSULTANT LINKS PRIVATE SECTOR DEVELOPMENT BENEFIT ANALYSIS IMPORTS TRADE POLICY IMPORT LICENSING INVENTORY METALS SUBSIDIES EFFICIENCY TAXES TRANSACTIONS RESOURCES MANUFACTURING TECHNOLOGY INTERNATIONAL STANDARDS DEREGULATION BUSINESS PROCESSES MULTILATERAL AGREEMENTS CONSUMPTION PROCUREMENT INSPECTION INTERNATIONAL TRADE VALUES RESULTS COMPLIANCE COSTS MARKET PRICES TECHNICAL MEASURES POLICY MAKERS COMPETITIVENESS REGULATORY ENVIRONMENT ENVIRONMENTAL IMPACTS CUSTOM MULTILATERAL RULES PRODUCT CATEGORIES IMPORT COMPETITION PROPERTY TRADE FACILITATION PRIVATE SECTOR INSTITUTIONAL CAPACITY TRANSACTION COSTS ENVIRONMENT INTERNATIONAL AGREEMENTS TRADE AGENDA QUERIES ECONOMICS MARKET COMPETITION ADMINISTRATION RESULT TRADE DATA ECONOMIC DEVELOPMENT TRADE LICENSE FEES LICENSE FEE LAND GLOBAL TRADE LICENSES BUSINESSES BUSINESS CLIMATE BUSINESS NETWORK INTERNATIONAL TRADE NEGOTIATIONS ADMINISTRATIVE PROCEDURES TAX SYSTEM COAL TARIFF BUSINESS ENVIRONMENT INSPECTIONS IMPORT REGIME TRADE-RELATED INVESTMENT REVENUE CERTIFICATES WORLD TRADE INTELLECTUAL PROPERTY RULES OF ORIGIN TARIFF RATE COMMODITIES SEARCHES DATABASE COUNTRY OF ORIGIN ENVIRONMENTAL TECHNICAL BARRIERS COMMODITY IMPORT VALUE TARIFF LINES AGRICULTURAL TRADE PRICES USES ECONOMIES
Online Access:	http://documents.worldbank.org/curated/en/2016/02/25996610/comparative-overview-incidence-non-tariff-measures-trade-lao-pdr http://hdl.handle.net/10986/24021

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Summary:	An efficient and transparent regulatory framework governing international trade is a necessary condition for countries to realize the benefits of international trade. Over the last decade, Lao PDR has been deepening its economic ties with the global economy through the formal accession to the WTO in 2013. At the regional level, the country is committed to be full member of the ASEAN Economic Community. These agreements entailed profound changes to Lao PDR’s regulatory framework governing international trade. This report provides an overview of the incidence on NTMs on import flows in Lao PDR before and after WTO accession and identifies lingering regulatory hurdles that may still hamper the ability of the country to reap the gains of a deeper integration. Employing detailed and comparable NTM information, this note characterizes the changes in the trade related regulatory framework in Lao PDR and compares the current scheme with that of other countries in Asia. The report also combines econometric estimations of Ad-Valorem Equivalents (AVEs) of NTMs with qualitative information collected through fieldwork to identify priority measure to streamline. This report is organized as follows. Section two discusses main conceptual issues and presents the data and metrics to examine the role of NTMs in import flows. Section three, describes the trade incidence of NTMs and compares it with similar countries and with the situation prior to WTO accession. Section four combines an econometric technique with qualitative information to discuss the stringency of NTMs. Section five presents some concluding remarks and provides some recommendation for reform.

A Comparative Overview of the Incidence of Non-Tariff Measures on Trade in Lao PDR

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