New Delhi: India has emerged as a leading partner among developing economies by offering one of the most extensive market access schemes for the world’s poorest nations under the World Trade Organization (WTO) framework—surpassing China and the European Union (EU) in terms of preferential coverage.

This wide coverage benefits key export sectors for least developed countries (LDCs)—such as coffee, tea, leather, textiles and processed food—helping these economies integrate more effectively into global value chains. Also Read | India’s AEO scheme wins WTO praise for MSME trade boost

The WTO report has credited the DFTP scheme for significantly boosting exports from least developed countries, particularly those in Asia and Africa, aligning with New Delhi’s Neighbourhood First and Act Ea

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