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| | WTO Accession |
 | | In addition to their schedule of commitments undertaken at the time of accession, governments agree to submit to a monitoring process, the Trade Policy Review Mechanism (TPRM), which ensures compliance with WTO rules, enhances transparency, and builds confidence that applicants will be held accountable for the commitments they take on. |
 | | WTO accession for developing and transitioning countries will bring with it many benefits, among them, the systemic effects of increased transparency, predictability, and the reinforcement of a multilateral rule-based framework on their economic reform. |
 | | A state seeking accession to the WTO must recognize, however, that the TPRM process may be a rough one, and that fulfilling the requirements of the TPRM report process does represent a burden on analytical resources. |
| internationalecon.com /wto/ch5.html (6175 words) |
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