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    WTO in its 8th Ministerial conference adopted a decision allowing members to waive the provisions of Article II (most favored-National Treatment) of t
    Question



    WTO in its 8th Ministerial conference adopted a decision allowing members to waive the provisions of Article II (most favored-National Treatment) of the GATS to allow the granting of preferential treatment to services and service supplies to which countries?

    A.

    Adjacent Countries

    B.

    Non-Nuclear Countries

    C.

    Least-Developed Countries

    D.

    SAARC Countries

    Correct option is C

    The 8th Ministerial Conference of the WTO held in 2011 allowed a waiver of the Most Favored Nation (MFN) provision under GATS (General Agreement on Trade in Services). This decision enabled member countries to grant preferential treatment to Least-Developed Countries (LDCs) for services and service suppliers without extending the same to other members​​.
    Information Booster:
    · Least-Developed Countries (LDCs): These are nations identified by the UN as facing severe socio-economic development challenges, such as low income, weak human assets, and economic vulnerability.
    Additional Knowledge:
    · Adjacent Countries: Typically refers to neighboring countries, not specifically covered by this decision.
    · Non-Nuclear Countries: No connection exists between nuclear status and GATS provisions.
    · SAARC Countries: While SAARC countries include some LDCs, preferential treatment is not exclusive to this group.

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