Transcription of Chapter 6 DEVELOPING COUNTRIES - Global trade
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Chapter 6 DEVELOPING COUNTRIES - Global trade
931. OverviewAbout two thirds of the WTO s around 150 members are DEVELOPING COUNTRIES . Theyplay an increasingly important and active role in the WTO because of their numbers,because they are becoming more important in the Global economy, and because theyincreasingly look to trade as a vital tool in their development efforts. Developingcountries are a highly diverse group often with very different views and WTO deals with the special needs of DEVELOPING COUNTRIES in three ways: the WTO agreementscontain special provisionson DEVELOPING COUNTRIES the Committee on trade and Developmentis the main body focusing on work inthis area in the WTO, with some others dealing with specific topics such as tradeand debt, and technology transfer the WTO Secretariatprovides technical assistance (mainly training of variouskinds) for DEVELOPING the agreements: mor
Both GATT and the General Agreement on Trade in Services (GATS) allow devel-oping countries some preferential treatment. DEVELOPING COUNTRIES Chapter 6 How the WTO deals with the special needs of an increasingly important group 8462_P_092_099_Q6 25/01/08 14:48 Page 93
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