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Navigating Subsidies and Protectionism: Challenges for Smaller Countries
This chapter explores the obstacles faced by smaller nations like Sri Lanka in a global landscape dominated by subsidies and protectionist policies. It highlights the importance of strategic subsidy approaches and the potential negative repercussions for less resource-rich countries. Additionally, it underscores the significance of upholding the multilateral trading system and the role of middle powers in sustaining a rules-based framework.