The least developed countries to the Millennium Round of the WTO

In the WTO, developing countries have been divided into two groups: developing countries per se (DC) and less-advanced developing countries (LADC). The paper studies the socio-economic characteristics of the LADC, as well as the reforms that they have introduced in recent years; the specific contribution of foreign trade to the development of these countries is further analysed. Dealing specifically with the WTO, a study is made of the impacts that the trade policies from the Uruguay Round have produced in LADC, and considerations are presented concerning the position of these countries in future WTO negotiations. It is concluded that in the current framework of globalization, the WTO should play an active role in income redistribution at world level.

Javier Oyarzun de Laiglesia
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