World Trade Organization

World Trade Organization

Reasons for Special Provisions in WTO Agreements for Developing Countries

There are main reasons for the presence of special provisions in WTO agreements for the developing countres.The main reasons for the presence of these special provisions is that they have been aimed to enhance the trading opportunities for the developing countries which included more favorable access to developed countries markets. These provisions serve as a safeguard to protect the interests of developing countries when certain measures are adopted by WTO. These provisions provide them with policy discretion and flexibility by allowing them favorable thresholds or by exempting them ...