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ON THIS PAGE: Introduction Three areas of WTO procurement work Technical co-operation Additional information |
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Government procurement The procurement of goods and services by government agencies for their own purposes is a core element of the operation of governments. It secures the inputs that enable governments to fulfil their tasks, having a major impact on key stakeholders in society. Government procurement is also an important aspect of international trade. |
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Since public resources are scarce, the efficiency of the procurement process is a primary consideration of every procurement regime. Open, transparent and non-discriminatory procurement is generally considered to be the best tool to achieve 'value for money' as it optimises competition among suppliers. At the same time, many WTO Members still use their purchasing decisions to achieve domestic policy goals, such as the promotion of specific local industry sectors or social groups.
Government procurement is an important aspect of international trade,
given the considerable size of the procurement market (often
10-15 percent of GDP) and the benefits for domestic and foreign stakeholders in terms of increased competition.
Three areas of WTO work on government procurement back to top There are three main aspects of the WTO's work on government procurement:
> General overview of the WTO's work in these three areas
Technical Co-operation back to top
Additional Information back to top |
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