GS PrelimsInternational relationsInternational Organizations2010

In the context of the affairs of which of the following is the phrase "Special Safeguard Mechanisms" mentioned in the news frequently ?

A

United Nations Environment Pro- gramme

B

World Trade Organisation

C

ASEAN-India Free Trade Agree- ment

D

G-20 Summits

Correct Answer: Option B

Explanation

1. The phrase "Special Safeguard Mechanisms" (SSM) is a term frequently discussed within the context of the World Trade Organisation (WTO), particularly concerning agricultural negotiations. 2. SSM refers to a proposed trade remedy that would allow developing countries to temporarily impose additional tariffs on agricultural imports when faced with a surge in import volumes or a fall in import prices that harms their domestic producers. 3. The negotiation and potential implementation of SSM have been significant points of discussion and contention in the WTO's Doha Development Agenda talks. 4. While trade safeguards might be relevant in FTAs like ASEAN-India or discussed in forums like G-20, the specific term "Special Safeguard Mechanisms" is most prominently associated with the multilateral negotiations under the WTO (Option B). UNEP deals with environmental issues.

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