Trading Market.com
Wed. November 19, 2008
PHNOM PENH, Nov 19, 2008 (Xinhua via COMTEX) -- Cambodian Prime Minister Hun Sen on Wednesday criticized rich countries for setting trade barriers against poor ones, while addressing the opening ceremony of the two-day LDC (least developed countries) Ministerial Conference in Siem Reap province.
"Poor countries are always open to products from developed countries, but when we try to enter developed countries, we often face with very strong trade barriers," national television TVK quoted him as telling the delegates from a total of 49 countries to discuss issues related to international trade.
Poor countries like Cambodia must speak with one voice in the Doha round of global trade talks to ensure their competitiveness with developed countries, he added.
The Doha round World Trade Organization (WTO) talks began in 2001 but broke down in July this year.
A joint press release from the United Nations Industrial Development Organization (UNIDO) and the World Trade Organization (WTO) said that Wednesday's meeting aims to help LDCs integrate their economies into the global trading system.
One of the main topics is "Aid for Trade" (AfT), a package of incentives designed to help overcome structural and resource constraints of least developed countries in exchange for more speedy trade reforms, it added.
For full details for SLDDF click here.
Wed. November 19, 2008
PHNOM PENH, Nov 19, 2008 (Xinhua via COMTEX) -- Cambodian Prime Minister Hun Sen on Wednesday criticized rich countries for setting trade barriers against poor ones, while addressing the opening ceremony of the two-day LDC (least developed countries) Ministerial Conference in Siem Reap province.
"Poor countries are always open to products from developed countries, but when we try to enter developed countries, we often face with very strong trade barriers," national television TVK quoted him as telling the delegates from a total of 49 countries to discuss issues related to international trade.
Poor countries like Cambodia must speak with one voice in the Doha round of global trade talks to ensure their competitiveness with developed countries, he added.
The Doha round World Trade Organization (WTO) talks began in 2001 but broke down in July this year.
A joint press release from the United Nations Industrial Development Organization (UNIDO) and the World Trade Organization (WTO) said that Wednesday's meeting aims to help LDCs integrate their economies into the global trading system.
One of the main topics is "Aid for Trade" (AfT), a package of incentives designed to help overcome structural and resource constraints of least developed countries in exchange for more speedy trade reforms, it added.
For full details for SLDDF click here.
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