WTO Members Talk Ways to Raise Developing Nations' Involvement in Global Trade

World Trade Organization members, during an April 11 Committee on Trade and Development meeting, reviewed developments in regional trade agreements and ways to increase developing nations' role in the global trading system, the WTO announced. The committee noted that developing nations face challenges to participating in international trade, including "dependence on commodity exports and higher trade costs." The members addressed policy spaces for developing nations to boost industrial development, including under the WTO's framework of the Agreements on Subsidies and Countervailing Measures, Trade-Related Investment Measures and Trade-Related Aspects of Intellectual Property Rights.