Trade Preferences Outlook is a biannual publication of UNCTAD that provides analysis on the state of the non-reciprocal trade preferences (NRTPs) offered to developing countries. NRTPs, such as the Generalized System of Preferences, offer duty-free or duty-light access to advanced markets and have contributed to the expansion of exports and to the integration of developing countries into global value chains. Recently, the stability and predictability of NRTPs have come under threat as preferential schemes expire, and economic fragmentation and protectionism undermine trade predictability.
Recent insights from UNCTAD’s Global Trade Update (April 2026) highlight that while global trade growth continues, rising fragility, geopolitical tensions, and policy uncertainty are increasing risks for developing economies. These dynamics further underscore the importance of predictable and effective NRTPs in supporting the trade performance of vulnerable countries.
This course will discuss the effects of global uncertainty and the increasing use of unilateral tariffs on NRTP beneficiary countries, especially for LDCs and other vulnerable economies. It will also discuss concrete policy options to shape the future of NRTPs, enabling preference-receiving developing countries and LDCs to foster sustained and inclusive growth and economic diversification. The course is relevant to SDG 17, which focuses on strengthening the means of implementation and revitalizing the global partnership for sustainable development.
At the end of this course, participants will have gained knowledge of:
- Historical evolution and current state of non-reciprocal trade preferences.
- The trade impacts of changes and uncertainty in preferential market access to preference-receiving developing countries, particularly LDCs.
- The factors that influence the impact of trade preferences on beneficiary countries.
- The ways to improve the existing non-reciprocal preferential market access.
