2016 · Q78
Which of the following statements about 'Nairobi Package' adopted in the Tenth Ministerial Conference of WTO is / are correct?
- 1No safeguard mechanism for developing country members.
- 2Preferential rules of origin for least developed countries.
- 3Public stockholding for food security purposes.
Select the correct answer using the code given below:
current-eventsinternational-relations-news
- A1 only
- B1 and 2 only
- C2 and 3 only
- D1, 2 and 3
Explanation
The Nairobi Package (WTO MC10, 2015) adopted decisions on preferential rules of origin for least-developed countries (2) and reaffirmed public stockholding for food security purposes (3). Statement 1 is wrong: far from providing 'no safeguard mechanism', the package reaffirmed developing members' recourse to the Special Safeguard Mechanism. Hence 2 and 3 only.