Binding coverage, primary products (%)

Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

Quelle: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

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