Common use of Least developed country Clause in Contracts

Least developed country. The term ‘‘least developed country’’ means a country which the Trade Representative determines is— (i) a country referred to as a least devel- oped country within the meaning of para- graph (a) of Annex VII to the Subsidies Agreement, or (ii) any other country listed in Annex VII to the Subsidies Agreement, but only if the country has a per capita gross na- tional product of less than $1,000 per annum as measured by the most recent data available from the World Bank.