On 27 May 2014 the WTO announced that Yemen had deposited its “Instrument of Acceptance” confirming its WTO membership terms and was now set to become a full-fledged member on 26 June 2014. In the “Instrument of Acceptance”, the Yemeni government declared that the law approving Yemen’s Protocol of Accession enacted by Parliament was issued by the President of Yemen on 11 May 2014.
Yemen is the 7th least-developed country (LDC) to accede to the multilateral trading system since the WTO was established in 1995. According to the WTO, as an LDC, Yemen will benefit from technical assistance and capacity building from the WTO Secretariat to support the implementation of its accessions commitments, negotiate trade rules and develop the trade-related skills and infrastructure needed to benefit from its WTO membership.
