Africa: Trade Update, UNCTAD

The United Nations Conference on Trade and Development (UNCTAD), held every four years, met in Brazil last week. Participants issued ringing statements in favor of South-South collaboration and the need for greater equity in the international trade arena. The meeting was virtually ignored by the press in the United States and other developed countries. Nevertheless, the conference was an indicator of greater international awareness, among almost all political currents, that the current bias against developing countries is both unfair and unsustainable.

The conference closing coincided with a ruling from the World Trade Organization (WTO) in favor of Brazil and other developing countries that U.S. cotton subsidies violate international trade rules by undercutting the prices of more efficient cotton producers in other countries.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.