GVCs for LDCs: How would new plan boost trade for least developed countries? - Lucian Cernat and Alessandro Antimiani, EIF Trade for Development News

Instead of preferential schemes based on ‘direct’ LDC exports, under the new GVCs for LDCs initiative, WTO members would offer duty-free access to LDC value-added that ‘travels’ inside finished products exported worldwide by any other WTO member. Hence, LDC exports will remain duty-free across the entire global supply chain, thus fitting the ‘Made in the World’ logic that the WTO has been advocating for several years.