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Which of the following group of countries has formed the NAMA - 11 of World Trade Organization?
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- developed countries
- least developing countries
- developing countries
- None of above
Correct Option: C
The Non-Agricultural Market Access (NAMA) negotiations of the World Trade Organization are based on the Doha Declaration of 2001 that calls for reduction or elimination in tariffs, particularly on exportable goods of interest to developing countries. Developing countries have formed the NAMA-11 of World Trade Organization. Member countries are Argentina, Bolivarian Republic of Venezuela, Brazil, Egypt, India, Indonesia, Namibia, Philippines, South Africa and Tunisia.