Trade is a critical component of the development strategies of LDCs. However, in 2017 LDCs’ share in world merchandise exports remained under 1 per cent and their share of global exports of commercial services in 2017 was 0.6 per cent (WTO Trade Statistical Review, 2018). The international community has committed to supporting the goal of integrating the LDCs into the multilateral trading system and increasing their participation in world markets. Trade-related international support measures include of preferential market access for goods, preferential market access for services and service supplies, special treatment regarding obligations under WTO rules and certain regional agreements, and technical assistance and capacity-building.

Trade is a critical component of the development strategies of LDCs. However, in 2017 LDCs’ share in world merchandise exports remained under 1 per cent and their share of global exports of commercial services in 2017 was 0.6 per cent (WTO Trade Statistical Review, 2018). The international community has committed to supporting the goal of integrating the LDCs into the multilateral trading system and increasing their participation in world markets. Trade-related international support measures include of preferential market access for goods, preferential market access for services and service supplies, special treatment regarding obligations under WTO rules and certain regional agreements, and technical assistance and capacity-building.

Trade is a critical component of the development strategies of LDCs. However, in 2017 LDCs’ share in world merchandise exports remained under 1 per cent and their share of global exports of commercial services in 2017 was 0.6 per cent (WTO Trade Statistical Review, 2018). The international community has committed to supporting the goal of integrating the LDCs into the multilateral trading system and increasing their participation in world markets. Trade-related international support measures include of preferential market access for goods, preferential market access for services and service supplies, special treatment regarding obligations under WTO rules and certain regional agreements, and technical assistance and capacity-building.

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Preferential market access for goods

Merchandise exports from LDCs benefit from duty free, quota free market access and from more favourable rules of origin.  In the case of developed countries,...

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