|
|
|
FOREIGN TRADE
The exports of the country constitute consumer goods, investment goods and manufacturing goods.
The exports partners of the country are Italy, Germany, Turkey, Belgium, Greece, US and France.
The main Imports of the country are Foods, Fuel and Energy and Capital Goods.
The imports partners of the country are Germany, Italy, Russia, Greece, France and Austria.
The following table represents Export and Import Levels of the country.
A merchandise trade deficit is marked in the country in the recent years.
The exports and imports of goods and services as percentage of total GDP were 57.7 and 68.4 respectively in the year 2004.
|
CONCLUSION
In the year 1996, the country joined the World Trade Organization. The Government has made so many Structural reforms in the present days for enhancing the economic strength. The structural reforms include
- Pprivatization and, where appropriate, liquidation of state-owned enterprises (SOEs)
- Liberalization of agricultural policies, including creating conditions for the development of a land market.
- Reform of the country's social insurance programs.
- Reforms to strengthen contract enforcement and fight crime and corruption.
|
|