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As of December 2024, 44 countries were still classified as LDC, while eight graduated between 1994 and 2024. [4] The World Trade Organization (WTO) recognizes the UN list and says that "Measures taken in the framework of the WTO can help LDCs increase their exports to other WTO members and attract investment. In many developing countries, pro ...
India was the first developing country to introduce a preferential tariff program for the LDCs. [1] [2] Under the DFTP scheme, 98.2% of product categories originating from LDCs are offered duty free and preferential treatment. Only 1.8% of product categories imported into India from LDCs are subject to regular duties.
The landlocked developing countries (LLDC) are developing countries that are landlocked. [1] Due to the economic and other disadvantages suffered by such countries, the majority of landlocked countries are least developed countries (LDCs), with inhabitants of these countries occupying the bottom billion tier of the world's population in terms of poverty. [2]
This is an accepted version of this page This is the latest accepted revision, reviewed on 27 February 2025. Country with a developed economy and infrastructure "Industrial nation" redirects here. For the magazine, see Industrialnation. Not to be confused with Developing country. For the investing classification, see Developed market. Developed countries (IMF) Developing countries (IMF) Least ...
India is a member of several intergovernmental organizations, such as the United Nations, the Asian Development Bank, BRICS, and the G-20, which is widely considered the main economic locus of emerging and developed nations. [5] India exerts a salient influence as the founding member of the Non-Aligned Movement. [6]
India and China are two countries with high levels of water pollution: An estimated 580 people in India die of water pollution related illness (including waterborne diseases) every day. [98] About 90 percent of the water in the cities of China is polluted. [99] As of 2007, half a billion Chinese had no access to safe drinking water. [100]
The Like-Minded Group of Developing Countries (LMDC) is a group of developing countries who organise themselves as a block of negotiators in international organizations such as the United Nations and the World Trade Organization, they represent more than 50% of the world's population.
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 119th by GDP (PPP). [58]