Developing Country Tag To China: WTO China got the ‘developing country’ status at the World Trade Organisation (WTO). It has become a contentious issue with a number of countries raising concerns against the decision. Earlier in 2019, the South Korean Government decided not to seek any special treatment as a developing country from future negotiations […]
Day: January 12, 2022
Least Developed Country (LDC) Status: WTO
Least Developed Country’ (LDC) Status: Concerns have been raised at the World Trade Organization (WTO) over the ‘least developed country’ (LDC) status, with Bangladesh potentially losing this tag after surpassing India in terms of GDP per capita. The WTO recognises LDCs relying on a classification by the UN based on a criteria that is reviewed […]
