New Delhi, Oct. 23 -- New Delhi: India has emerged as a leading partner among developing economies by offering one of the most extensive market access schemes for the world's poorest nations under the World Trade Organization (WTO) framework-surpassing China and the European Union (EU) in terms of preferential coverage.

This wide coverage benefits key export sectors for least developed countries (LDCs)-such as coffee, tea, leather, textiles and processed food-helping these economies integrate more effectively into global value chains.

According to the WTO secretariat's latest report, Market Access for Products and Services of Export Interest to Least Developed Countries, India's Duty-Free Tariff Preference (DFTP) Scheme covers 94.1% of ...