Revised WTO Govt Procurement Deal between 43 WTO Members to Take Effect
in April, India not a Signatory Yet
The revised WTO Government Procurement Agreement
(GPA) will enter into force on 6 April 2014, trade officials confirmed this
week. The changes to the pact are expected to generate US$100 billion in
increased market access, in addition to the US$500 billion already covered by
the existing deal.
The Government Procurement Agreement commits participants to
certain core disciplines regarding transparency, competition, and good
governance, covering the procurement of goods, services, and capital
infrastructure by public authorities.
While under the umbrella
of the WTO, the GPA only covers a subset of the organisation’s membership -
specifically, those who sign onto its commitments. The deal’s current participants number at 15, with the EU
and its 28 member states counting as one participant - effectively meaning that
the group has 43 countries.
While the original government procurement deal entered into
force in 1996, negotiations to streamline and modernise the Agreement -
including by expanding its coverage - began just a few years later, and dragged
on for over a decade. The talks were completed just minutes before the launch
of the WTO’s Eighth Ministerial Conference in December 2011, marking one of the
few concrete deliverables from what was otherwise a relatively quiet event.
The 2011 version of the pact adds new entities to its
coverage, such as government ministries and agencies. The agreed-upon revisions
also bring more services and goods into the Agreement. In addition, new and
simpler rules on transparency and due process - designed to stymie corruption
or protectionism - are included.
Since the 2011 ministerial, the parties to the Agreement have
been working to ratify these changes domestically in order to bring them into
force. To do so, ratification by two-thirds of the group was required, at
minimum.
Sources say that the ten participants who have approved it
were, in order of ratification, Liechtenstein, Norway, Canada, Chinese Taipei,
the US, Hong Kong, the EU, Iceland, Singapore, and Israel.
“The fact this has been achieved so quickly shows the
importance that the parties attach to the GPA and is further evidence, after
the successful Bali Package, that the WTO is back in business,” WTO
Director-General Roberto Azevêdo said on Wednesday.
Many had hoped that the ratification of the revised GPA could
happen in time for last December’s ministerial conference in Bali, Indonesia,
which also saw the global trade body’s first multilateral agreement in nearly
20 years. Weeks before the Bali conference, however, officials confirmed that
the ratification process would need to continue through early 2014.
With the new GPA set to enter into force within weeks, one
question on trade observers’ minds will be how this may help in bringing in
additional participants, especially given the inclusion of new provisions aimed
at facilitating accessions to the pact.
“The modernised text of the revised GPA and the expanded
commitment to market access should prompt other WTO members to consider the
potential advantages of joining,” Azevêdo remarked.
China has been one of the most high-profile WTO members
attempting to sign on to the deal in recent years, but its offers to date have
been deemed insufficient by current participants. Others negotiating GPA
accession include Armenia, Jordan, Moldova, Montenegro, New Zealand, and
Ukraine, to name a few.