(a) Uniform and Lower Tariffs The government will implement uniform and lower tariffs,
eliminating exonerations and exemptions to the fullest extent possible.
(b) Duty Relief Systems CEPS will implement some refinements needed to perfect the duty
drawback system and other duty relief systems for intermediate inputs used in production
of exportable goods and services.
(c) Streamlining Customs Clearance Procedures CEPS will streamline the customs
clearance procedures for imports and exports.
(d) Integration of VAT and Tariff Structure CEPS and IRS will integrate the VAT and tariff
structures to promote uniformity of taxation, in order to eliminate unintended disparities
in effective protection across product lines.
5. The Role of Government
Review of Government Support for Private Sector Activities The public private partnership
will review the role of government in support of the private sector activities with the intent to
provide broad based and diffuse services rather than explicit or implicit sectoral or firm level
support (The Government will not pick winners ). These issues include:
(a) GIPC will further enhance its role as a promoter of investment rather than a controller of
investment.
(b) GEPC will enhance its ability to deliver broad based promotion services .
(c) The Business Assistance Fund would be eliminated.
(d) Review of implicit or explicit prohibitions of exporting and importing in specific
commodities with a view of eliminating quotas and prohibitions.
(e) Overall review of government hassles that impede business formation, international trade
and the domestic movement of goods and services.
(f) Further Divestiture of State Owned Enterprises.
(g) Decentralization of Government.
6. Streamlining the Performance of Factor Markets (Labor, Land and Financial Sector)
(a) Labor Markets: Undertake a Tripartite Review (Government, Labor Unions, Employers)
of Labor Market practices to increase labor market flexibility while providing adequate
worker protection with respect to work place safety, health and welfare, pension and
tenure benefits, and worker's rights to collective representation.
(b) Land markets: Review urban and rural land tenure practices to identify opportunities to
institute secure usufruct rights with full acknowledgment and respect of cultural land
tenure practices.
(c) Financial Engineering: The Government would agree to consider the recommendations
of the financial sector working group.
B. Monitoring Policy Changes and Their Impacts
Official GOG documents, press releases and pronouncements will be used to monitor and
verify changes in government policies, although newspapers and other media will be reviewed
on a continuous basis to help determine when policy changes are made and to assure that the
public is being made aware of changes that are being contemplated and/or implemented.
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