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UNCTAD XI Concludes With Adoption Of Sao Paulo Consensus' Part 1 of 2

SaO PAULO - Inspired by its founding vision - to help developing countries participate equitably in the world economy - the United Nations Conference on Trade and Development (UNCTAD) today closed its eleventh session, adopting the "The Spirit of Sao Paulo Declaration, which reaffirmed its commitment to the eradication of poverty and hunger, and to the achievement of fair and equitable multilat

Full Speed Ahead, Not Just In China

Where will your suppliers, partners and competitors be expanding their global operations over the next few years? The 2004 Global Investment Prospects Assessment, a survey of multinational executives recently conducted by the U.N. Conference on Trade and Development, provides some valuable clues, along with a few surprises. The good news: The recession that began in 2001 is over.

U.N. Forum Delegates Cite Technology Gap

The technology gap between poor and rich countries remains a major barrier to easing world poverty, officials said at a U.N. forum on trade and development. Poor countries said they can't afford better technology when they are already struggling to fix crumbling roads, feed the hungry and vaccinate children.

EU's Lamy Welcomes US "Step" Toward Repealing Illegal Trade Subsidy

European Union Trade Commissioner Pascal Lamy said Friday that a US House vote repealing a corporate tax break deemed illegal by the World Trade Organization moved the United States a "step" closer to resolving its longstanding dispute with the EU.

G8 Leaders Meet, Discuss Cooperation Processes

Six African leaders and the leaders of the world's eight richest countries concluded their meeting in Georgia, in the US yesterday, with a pledge to work together to ensure better living conditions in the African continent.

FTAA Nudged From Spotlight By Other Free-Trade Deals

With talks for an Americas-wide free trade pact deadlocked over farm subsidies, executives of companies active in Latin America are increasingly turning attention to opportunities from other smaller, pending free-trade deals. A study released Wednesday found the strongest interest in free-trade talks between Europe and South America's Brazil-led Mercosur group.

U.S. Accused of Weakening U.N. Document

Humanitarian and environmental groups accused the United States of pressuring other countries at a United Nations forum to dilute language in a draft document on corporate responsibility in the Third World.

FAO Declares War On Farmers, Not On Hunger

The FAO report ("Agricultural biotechnology: meeting the needs of the poor?") was publicly presented on the 17th of May, and in the space of a few weeks more than 650 civil society organisations and 800 individuals from more than 80 countries have drafted and signed this open letter which strongly condemns its bias against the poor, against the environment and

Brazil's Lula Rallies Developing Nations

Brazil's president Monday called for a worldwide effort to assist developing nations' economies, saying they were incapable of the "spontaneous" growth experienced in wealthier nations.

UN Chief To Attend UNCTAD Meeting In Brazil

UN Secretary General Koffi Annan will arrive in Brazil's Sao Paulo state Saturday to attend the opening of the 11th United Nations Conference on Trade and Development (UNCTAD). Annan will meet heads of state and government and other officials attending the conference before he leaves next Tuesday, the UN Information Center said Thursday.