Which of the following statements about Ҏairobi PackageҠadopted in the Tenth Miniserial Conference of WTO is / are correct? 1. No safeguard mechanism for developing country members 2. Preferential rules of origin for least developed countries 3. Public stockholding for food security purposes Select the correct answer using the code given below:

The Tenth Ministerial Conference (MC10) in Nairobi (2015) resulted in the 'Nairobi Package', which included several key decisions for developing and least-developed countries (LDCs). Statement 1 is incorrect because the package specifically included a Ministerial Decision on a Special Safeguard Mechanism (SSM) for developing country members, allowing them to temporarily raise tariffs to counter import surges or price falls. Statement 2 is correct as the package adopted preferential rules of origin for LDCs, building on the Bali Decision to facilitate easier market access for LDC exports [1]. Statement 3 is correct because it reaffirmed the commitment to public stockholding for food security purposes, maintaining the 'peace clause' established in Bali while seeking a permanent solution. Therefore, only statements 2 and 3 are correct.

Sources

1. [1] https://jca.gov.jm/wp-content/uploads/2024/03/TB-NairobiPackage-Mar2016.x70868.pdf