Special and Differential Treatment For Developing Countries

Authors

  • Deevanshu Shrivastava

Abstract

These provisions which were negotiated and entered into about 25 years ago, in view of nations like US and those comprising the EU need an overhaul, a suggestion that has invited an equally sharp retortion from those members that have been the beneficiaries of such provisions. With hardening of position from either sides, we see an increasing threat to the very existence of the already fragile multilateral trade regulatory system, which was otherwise expected to be strengthened over the period of time by way of subsequent negotiations. The countries declare themselves as developing and accrue themselves the benefits of S&DT provision. This paper tries to define a criteria for declaring a country developing.

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Published

2020-03-27

Issue

Section

Articles