GK
WORLD ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the aim of the Guidelines on Accession of Least-Developed Countries?
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Article XII of the Marrakesh Agreement gives no guidance on the terms to be agreed.
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Only States may accede to the WTO.
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Decisions on accession are taken by the Ministerial Conference or in between two Ministerial Conferences, by the General Council.
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None of the above
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Explanation:
Detailed explanation-1: -WTO agreements limit importing countries’ scope to impose arbitrary requirements on LDCs’ exports, and encourage the use of internationally developed standards.
Detailed explanation-2: -WTO members offer LDCs greater market access opportunities, policy flexibility in implementing WTO rules and targeted technical assistance to strengthen trade capacity to support LDC integration into global trade.
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