trade

Global seaborne trade expands for second straight year, UN reports

Global seaborne trade, measured by tons of goods loaded, expanded by 3.8 per cent in 2005, the second consecutive year of increase and is expected to grow at roughly the same rate in 2006, according to the United Nations Review of Maritime Transport.

UN-backed treaty suspends ivory exports due to deficient monitoring of poaching

The United Nations-backed body overseeing trade in endangered species today suspended the export of 60 tonnes of ivory from Botswana, Namibia and South Africa because of shortcomings in the system to monitor elephant populations and poaching.

UN trade chief calls for resumption of talks to boost poor nations’ agricultural exports

The head of the United Nations agency that seeks to integrate developing countries into the global economy has called for the speedy resumption of the so-called Doha round of trade talks, underlining the critical need to open up industrialized nations’ markets to agricultural and other exports from the world’s poorer states.

Annan again calls for restructuring trade in favour of poor nations

United Nations Secretary-General Kofi Annan today again called on the world’s wealthy countries to “go the extra mile” to re-balance the rules of the trading system in favour of the poor and push ahead as soon as possible with the so-called Doha Round of talks which seeks to achieve such a restructuring.

Coordinated global macroeconomic policies needed for world trade: senior UN official

Highlighting recent developments in the world economy, a senior United Nations trade and development official has recommended strengthened macroeconomic policy coordination to lessen the impact of global imbalances, particularly on the growth prospects of developing countries.

In Qatar, senior UN political official hails cooperation with regional organizations

United Nations cooperation with regional organizations is increasingly contributing to global peace and security, the Under Secretary-General for Political Affairs today told the Sixth Doha Forum for Democracy Development and Free Trade, meeting in Qatar.

Developing countries must be proactive toward environmental trade regulations

A proactive, holistic approach is needed for developing countries to effectively deal with trade regulations on environmental health-related concerns, according to a report released today by a United Nations agency.