麻豆传媒

Instead of preferential schemes based on ‘direct’ LDC exports, under the new GVCs for LDCs initiative, WTO members would offer duty-free access to LDC value-added that ‘travels’ inside finished products exported worldwide by any other WTO member. Hence, LDC exports will remain duty-free across the entire global supply chain, thus fitting the ‘Made in the World’ logic that the WTO has been advocating for several years.