China Announces End to Special and Differential Treatment Claims in Future WTO Agreements
China has announced that it will no longer seek to benefit from Special and Differential Treatment (S&DT) in future World Trade Organization (WTO) agreements. This decision was welcomed on September 23 by WTO Director-General Dr. Ngozi Okonjo-Iweala, who sees it as a "decisive moment" for the organization and for a more balanced global trade.
The S&DT previously allowed developing countries to benefit from more flexible trade rules, tailored to their level of economic development. By renouncing these benefits, China is joining the common requirements of WTO members, sending a strong signal in favor of reforming the institution and creating more equitable competition conditions for all. According to Dr. Okonjo-Iweala, this initiative will stimulate discussions and help the WTO become more agile and effective for the 21st century.
This decision could have a significant impact on other developing countries that traditionally benefited from these special treatments. These countries may be forced to adapt to stricter trade rules and strengthen their competitiveness to avoid losing market share. For example, economies like Vietnam or Indonesia, which benefit from certain flexibilities in international trade agreements, may need to review their export strategies to remain competitive against giants like China.
