DEVELOPMENT: Economic Boom Worsened De-industrialisation of LDCs - IPS ipsnews.net - 0 views
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"But higher commodity prices -- of mainly oil and gas -- have not solved the issues of price fluctuation and dependence on commodity export," he noted. This pattern of growth is "non-sustainable" and "non-inclusive".
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UNCTAD proposes a "New International Economic Architecture" that goes beyond aid and trade to include technology, commodities and climate change.
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"In NAMA (the non-agricultural market access negotiations) we have to be able to maintain the (original) developmental perspective of the Round to help countries diversify; get value addition; deal with tariff peaks and escalation; and eliminate all trade distortions. We should not add and add agendas in NAMA."
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