The World Trade Organization (WTO) agreement incorporated proposal has been a topic of discussion among many trade experts. The proposal, which was made by a group of countries, aims to bridge the gap between developed and developing countries in terms of trade regulations and access to markets. But who exactly made this proposal? Let’s take a closer look.

The WTO agreement incorporated proposal was made by a group of developing countries known as the Group of 90. This group includes countries such as India, China, Brazil, and South Africa. The proposal seeks to incorporate certain provisions from existing WTO agreements into a new agreement that would address the concerns of developing countries.

One of the main objectives of the proposal is to provide greater flexibility to developing countries in implementing trade regulations. It proposes that developing countries should be allowed to use different criteria for determining the level of tariff protection necessary to support their domestic industries. This would help address the issue of unequal competition between developed and developing countries in global markets.

The proposal also seeks to address the issue of market access for developing countries. It proposes that developed countries should provide greater market access to developing countries by reducing tariffs on goods that are of particular interest to developing countries. This would help address the issue of developing countries being unable to compete in markets dominated by developed countries.

Another important aspect of the proposal is its focus on intellectual property rights (IPRs). Many developing countries have expressed concerns about the impact of IPRs on their ability to access essential medicines, technology, and other goods. The proposal seeks to address these concerns by making it easier for developing countries to access essential goods through exceptions to IPRs.

Overall, the WTO agreement incorporated proposal is an important step towards addressing the concerns of developing countries in global trade. By providing greater flexibility and market access, and addressing issues related to IPRs, the proposal seeks to level the playing field and promote fair trade practices. While there are still many challenges to be addressed, this proposal represents an important step towards achieving more equitable global trade.