The NAMA-11

    The NAMA-11 – is the group of developing countries with common interests in the NAMA trade negotiations. Members are Argentina, Bolivarian Republic of Venezuela, Brazil, Egypt, India, Indonesia, Namibia, Philippines, South Africa and Tunisia. The NAMA-11stands for operationalising the principle of Less than full reciprocity in reduction commitments. Developed countries shall undertake greater average percentage reductions in their bound tariffs as compared to those by the developing countries.