Global trade preferences are under pressure as economic uncertainty, shifting policies and geopolitical tensions reshape market access for developing economies. Trade Preferences Outlook 2025 by UN Trade and Development (UNCTAD) examines how changes in non-reciprocal trade preferences (NRTPs) affect exports, competitiveness and development prospects for vulnerable countries.
The findings show that uncertainty around trade rules can disrupt exports, weaken investment confidence and reduce opportunities for structural transformation. Understanding these risks – and how to respond – is critical for countries seeking to sustain growth, diversify production and strengthen resilience in a changing global economy.
The session will discuss how abrupt programme terminations in the past impacted some Asian LDCs and how LDC graduation would affect the graduating Asian economies. The session will also touch upon the possible impact of recent increase in the U.S. tariffs on developing countries in the region.
Key Questions
- What are the trade impacts of changes and uncertainty in preferential market access on preference-receiving developing countries and LDCs?
- How would LDC graduation impact beneficiary LDCs? What options are there to support them in the post-LDC trading arrangements and smooth transition?
- How can preferential market access be shaped for developing countries and LDCs to foster a more stable development path?
