-is a protectionist tool under WTO that will allow developing countries to increase tariffs temporarily to suppress import surges or price falls. It is especially used for agricultural imports that cause damages to the country’s farmers.
-The major proponents of the SSM are the G33 bloc of developing nations. SSM is an area of conflict in the WTO with some parties claiming that SSM could be used repeatedly which will distort trade. The SSM is allowed only for developing countries. It was a result of the Doha Ministerial Conference.
special products (SP)
• In Doha Round agriculture: products for which developing countries are to be given extra flexibility in market access for food and livelihood security and rural development.
0 comments:
Post a Comment
Thank You For messaging Us we will get you back Shortly!!!