At WTO Public Forum: graduating LDCs in an evolving WTO

Working session at the WTO Public Forum, October 8, 2019 (16:00-17:30), organized by Friedrich Ebert Stiftung (FES) and Centre for Policy Dialogue: Graduating least-developed countries in an evolving WTO

“A rule-based and predictable multilateral trading system, attuned to the special and differential needs of its relatively weak members, can best serve the interests of the LDCs. The degree of openness of LDC economies (defined by the share of exports and imports in GDP) has seen a steady rise over recent years. LDCs are now integrated with the global economy as never before. In spite of many concerns, LDC economies have, in general, benefitted from the rule-based global trading system and the international support mechanisms and special and differential (S&D) provisions in place in the WTO in the form of preferential market access, derogation from various obligations, aid for trade and technical support. A weakened WTO, or at worst, an absence of it, will be harmful from the perspective of LDC interests.”

Panellists:

  • Mia Mikic, Director, Trade, Investment and Innovation Division, United Nations Economic and Social Commission for the Asia and the Pacific (ESCAP)
  • Mustafizur Rahman , Distinguished Fellow , Centre for Policy Dialogue
  • Léopold Samba , Ambassador, Permanent Representative of the Central African Republic to the WTO
  • Rolf Traeger, Chief, LDC Section, UNCTAD

Moderator:

  • Tina Blohm, Director, Friedrich-Ebert-Stiftung, Bangladesh office

Audio available here.

Document here.

More information here.