The World Trade Organization (WTO) has released documents related to the Trade Policy Review of Iceland, conducted on June 12, 2024. The available documents include a Secretariat report and a Government report.
The Secretariat report is an independent and detailed analysis prepared by the WTO Secretariat. It comprises an executive summary and a full report. The Government report contains a policy statement from the Icelandic government under review.
These reports are discussed by the WTO’s full membership in the Trade Policy Review Body (TPRB). Concluding remarks from the Chairperson will be made available on the day of the second meeting.
Trade Policy Reviews are mandated exercises within WTO agreements, where member countries' trade and related policies are examined and evaluated at regular intervals. These reviews also monitor significant developments that may impact the global trading system. All WTO members undergo these reviews, with their frequency determined by each country's size.