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The Effects of the Early Voluntary Sectoral Liberalization on the Fertilizer Sector

This paper examines the effects of EVSL on the fertilizer sector, including the problems that prevent it from benefitting fully from the proposal. The export competitiveness of manufactured fertilizers as evident by the computed revealed comparative advantage, has been declining and will be vulnerable in the face of greater competition. Hence, existing tariffs should be maintained on these products, but the non-locally produced fertilizers (including urea) should be liberalized. The economic and technical cooperation measures to be advanced in APEC are also discussed.


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Jul 03, 2013