Cambodia says LDCs need more time for service industries

Cambodia is aiming to persuade all of the World Trade Organization’s (WTO) least developed country members to propose a further suspension of the opening of their service sectors to the WTO’s rich members as the 2013 deadline for the proposal draws nearer. The least developed countries (LDCs), which benefit greatly from quota and duty-free exports from the WTO’s rich member countries, will have to open their service industries to those countries by 2013. However, Cambodia’s commerce minister claim that most LDC members are not ready, and further postponement is needed. …

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