Least-developed countries to facilitate markets for products
The Dollar Business Bureau The least-developed countries (LDCs) group at the World Trade Organization (WTO) presented an “elements for discussion” paper aimed at triggering an exchange on how members are responding to the 2013 Decision and, ultimately, identifying ways to facilitate market access for LDC products. The LDCs took the floor at the April 30, 2015, meeting of the WTO’s Committee on Rules of Origin to urge fellow members to move forward on implementing the December 2013 Bali Ministerial Decision on preferential rules of origin for LDCs, said an WTO official release. Members also agreed at the meeting to initiate an “educational exercise” to better understand the impact that national non-preferential rules of origin have on international trade. Speaking for the ...