trade

UN expert urges reform of fishing subsidies at world trade talks

At the World Trade Organization (WTO) meeting in Hong Kong today, a United Nations environment expert urged adjustment to the over $15 billion in annual fisheries subsidies worldwide which amount to roughly one fifth of fishing industry revenue and contribute to the dangerous depletion of global fish stocks.

Annan urges world trade talks to take steps to boost exports of poor countries

United Nations Secretary-General Kofi Annan today urged wealthy countries to set an unambiguous date to end “trade-distorting subsidies” and take other steps to give market access to developing countries, especially in agriculture, allowing trade to improve living conditions around the world.

Benefits of trade liberalization may not reach poor without further changes – UN

Only days ahead of a make-or-break meeting seeking agreement on liberalizing agricultural trade, the United Nations Food and Agriculture Organization (FAO) today warned that urgent complementary policies and investments are essential to ensure that the benefits of trade reform reach the poor.

UNDP-supported talks on trade between Asia and Africa are held in Paris

Representatives of the Tokyo International Conference on African Development (TICAD) and United Nations agencies are meeting today and tomorrow in Paris for a public forum and a television programme examining the potential for expanding trade and investment between Asia and Africa.

Senior officials of small islands call for economic revitalization as sugar prices decline

With a reduction in the price of sugar threatening the economies of sugar-producing small island developing states (SIDS), their senior government officials have called on the sixth World Trade Organization (WTO) Ministerial Conference, meeting in Hong Kong next month, to pay greater attention to the “special needs and specificities of small states.”

UN trade chief urges developed world to open up markets to developing nations

Stressing that liberalization of trade in goods and services can generate even more financing for developing countries than aid, the head of the United Nations trade agency today called for speedy action to achieve full free market access for these States, including the elimination of export subsidies in the developed world.

Environmentally-insensitive free trade can hurt developing economies: UN

Environmentally-insensitive trade liberalization can lead to economically costly soil degradation, water pollution, loss of biodiversity and destruction of forests, the United Nations Environmental Programme (UNEP) warned today.

UN calls on World Trade Organization to deliver on development promises

Secretary-General Kofi Annan has called on members of the World Trade Organization (WTO) to deliver on the promises they have made to place the needs and interests of the developing countries at the heart of their negotiations and deliver an equitable and fair deal.

UN trade chief urges actions to reap development gains from increased income

Marking the release of new trade surveys and the opening of an international trade conference, the new director of the United Nations trade agency has urged action in a range of areas to help developing countries make permanent gains from rising commodity prices and the increase of international commerce.

UN expert concerned US-Peru free trade accord could deprive poor of medicine

With many Peruvians already dying from treatable illness due to difficulties in accessing drugs, a United Nations human rights expert today voiced deep concern that an eventual United States-Peru Free Trade Agreement (FTA) could deprive millions more of essential drugs made unaffordable by stronger protection of patents.