LDC graduation: Impact on market access

LDCs art characterized by a weak productive capacity and the concentration of exports in a limited number of sectors and markets. Therefore, preferential market access plays an important role in helping LDCs Increase their participation in international trade and diversify their exports. WTO members have made efforts to provide LDCs with DFQF market access as well as preferential treatment in services. Trade preferences are a key International support measure for LDCs. LDC graduation will eventually result in the loss of LDC-specific preferences.