Trade Policy at Work WTO (Negotiations, Regular Work, Leadership)

Liberalising Government Procurement in the Multilateral Trading System

At the WTO, government procurement is increasingly attracting attention in the negotiations. The main goal of liberalising procurement is to promote competition among local and international suppliers of various goods and services in order to obtain the best value for money. This note explores the implications of commitments to liberalising this important area of government business, including the likely advantages and disadvantages based on existing literature on the subject.