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Duty-free and quota-free market access for LDCs

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  • Vanzetti, David
  • Peters, Ralf

Abstract

Developed countries have agreed to provide duty free and quota free access to imports from LDCs covered by 97 per cent of tariff lines. However, LDCs would like to extend the agreement to 100 per cent coverage, since 3 per cent of tariff lines can cover a substantial proportion of LDC exports. Products of major interest include textiles and clothing and agricultural goods such as rice, oilseeds, sugar and bananas. The potential trade and welfare impacts of expanding the coverage are analysed using a general equilibrium model. Estimates indicate LDCs stand to gain $7.5 billion in additional exports.

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Bibliographic Info

Paper provided by Australian Agricultural and Resource Economics Society in its series 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia with number 47646.

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Date of creation: 2009
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Handle: RePEc:ags:aare09:47646

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Keywords: WTO negotiations; trade; agricultural tariffs;

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