gs1medium

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

  1. A.United Nations Environment Programme
  2. B.World Trade Organisation
  3. C.ASEAN-India Free Trade Agreement
  4. D.G-20 Summits
▶ Answer & Explanation

Correct answer: B. World Trade Organisation

Special Safeguard Mechanisms (SSMs) are provisions within trade agreements, particularly under the World Trade Organisation (WTO), that allow countries to temporarily restrict imports if they surge to a level that could harm domestic industries. These mechanisms are a key feature of negotiations and agreements related to trade liberalization and agriculture.

Source: UPSC gs1 2010

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