Economic impacts on the least developed countries of the elimination of import tariffs on their products
Research report
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Date
2001-05Metadata
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- Reports (SNF) [542]
Abstract
Several initiatives aimed at reducing trade
barriers for Least Developed Countries have
been proposed recently. These include the EU
decision to provide duty-free and quota-free
access on an autonomous basis for all products
except arms when imported from the Least
Developed Countries, and a proposal from the
WTO General Director to bind all tariffs on
imports from Least Developed Countries at zero
rates in the World Trade Organisation.
The purpose of this study is to evaluate the
economic impacts for the Least Developed
Countries of duty-free and quota-free access in
their export markets. The main focus is on the
QUAD markets (Canada, the EU, Japan, and the
USA). The report documents the significance of
existing trade barriers and evaluates the
economic consequences of removing these
barriers. The impact of supply capacity
constraints in Least Developed Countries on
their ability to utilise preferential trade
arrangements is also investigated. Moreover,
the report evaluates the significance for Least
Developed Countries of certain crucial aspects
of preferential trading arrangements, such as
the extent of product coverage, the question of
binding tariffs and procedures, the use of
safeguard measures in importing countries,
graduation procedures and rules of origin.
Publisher
SNFSeries
Report2001:15
Evaluation Report
2001:2