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Trade Policy Review Mechanism

The Trade Policy Review Mechanism (TPRM) is a process established by the World Trade Organization (WTO) to evaluate and discuss the trade policies of its member countries. It aims to promote transparency and understanding of each country’s trade practices. During regular reviews, members assess each other’s policies, providing feedback and recommendations. This helps ensure that trade rules are followed, encourages fair competition, and fosters cooperation among countries. Ultimately, TPRM seeks to enhance global trade stability and predictability, benefiting countries and their economies.