Committee On Specific Commitments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Operationalization of the LDC Services Waiver The Council chair, Ambassador Ángel Villalobos Rodríguez of Mexico, reported on the 2-3 June webinar organized by the Council on “Least developed country services export performance and facilitating implementation of preferences notified under the LDC Services Waiver”.  WTO Director-General, Dr Ngozi Okonjo-Iweala, Chad's Minister of Trade Ali Djadda Kampard and Uganda's Commissioner for External Trade Emmanuel Mutahunga gave welcome remarks at the webinar. The chair said he believed the webinar offered plenty of food for thought.�...

  Offers would normally address the same issues as listed above, i.e. the addition of new sectors; the removal of existing limitations or the binding of modes not currently committed; the undertaking of additional commitments under Article XVIII; and the termination of MFN Exemptions. Participants would take into account all requests received, after careful assessment of the growth, developmental and other relevant policy implications. While requests are usually presented in the form of a letter, an offer normally consists of a draft schedule of commitments. Therefore, offers do req...