In this respect, the agreed benchmarks do not establish a minimum or maximum bound tariff but rather a set of multilaterally agreed reference points that should guide bilateral market access negotiations between acceding LDCs and their trading partners. The LDC group initially proposed an average bound rate of 70 per cent in agriculture and 40 per cent in NAMA, with 55 per cent binding coverage of NAMA lines. The final agreed text is a compromise between the two approaches. It aims to ensure an appropriate balance between predictability of tariff concessions - a key element of the multilateral trading system - and the need to address the specific constraints or difficulties of LDCs and reflect their ‘legitimate development objectives’.