Economic Development

UN welcomes new tariff cuts in Asia

Hailing new tariff reductions announced by six Asian countries that include three of the region’s largest economies, China, India and the Republic of Korea, the United Nations said today it looked forward to even deeper cuts.

Cutting red tape key to improved trade among Asia-Pacific nations, says UN

Cutting red tape to reduce complex transaction costs is the key to unlocking significant benefits from international trade for economies in Asia and the Pacific, according to a new report from the United Nations and the Asian Development Bank (ADB).

Senior UN officials urge donors to fund feeding schemes for one billion hungry

Urging world leaders to boost efforts to help the record number of hungry people around the world, top United Nations officials today underscored the need to prioritize immediate food aid for the one in six of the global population who are malnourished.

Nigeria surpasses Hollywood as world's second largest film producer – UN

The Nigerian film industry has overtaken Hollywood and closed the gap on India, the global leader in the number of movies produced each year, according to a new United Nations Educational, Scientific and Cultural Organization (UNESCO) report released today.

‘Granny power’ can propel development, UN food agency says

Grandmothers are a large untapped renewable resource for maternal and child nutrition, health and development, the United Nations Food and Agriculture Organization (FAO) said today.

UN agency loan to Laos will help thousands of poor women to increase farm incomes

A new $17 million loan from the United Nations Fund for Agricultural Development (IFAD) will help nearly 27,000 Laotians, mainly rural women and food insecure families, increase their incomes through better use of social services and natural resources as the Government improves the roads to local produce markets.

Annan calls Euro's advent 'bold and visionary' act of political unity

Secretary-General Kofi Annan today welcomed the introduction of the Euro - Europe's new common currency - calling it "a bold and visionary choice for unity over division, cooperation over conflict, and a common future over a divided past."

Environment dominates debates at UN population commission, chairman says

The relationship between demographic factors and environmental degradation -- now under discussion at the United Nations Commission on Population and Development -- remains a divisive issue, that body's chairman said today.