Duty-free, quota-free access of LDCs’ products urged
Friday, 12 October 2007
Ambassador and Permanent Representative of Bangladesh to the United Nations Ismat Jahan urged the International community to provide duty- free and quota-free market access for all products from all Least Developed Countries (LDCs) without any restrictions, reports BSS.
Ismat Jahan made the appeal while speaking at the debate of the Economic and Financial Committee of the UN General Assembly Tuesday, according to a message received here Thursday.
She said international trade was a driver of global partnership for development.
The Ambassador also praised the developing countries that have provided duty-free and quota-free markets access for the LDCs and invited other developing countries to allow the same facilities.
The LDCs, despite their significant efforts, had remained trapped at the bottom of the development ladder and the number of people living in extreme poverty in those countries were proportionately higher, she said adding the LDCs must remain in the special focus of the international community as committed in the Brussels Programme of action, otherwise, achievement of the MDGs would remain only a dream for them.
The Ambassador called upon the international community to immediately operationalise the "Aid for Trade Initiative" in the World Trade Organisation (WTO) with sufficient funding and underscored that it should particularly support the LDCs in building their supply-side capacities and compensating the erosion of preferences.
Ismat Jahan made the appeal while speaking at the debate of the Economic and Financial Committee of the UN General Assembly Tuesday, according to a message received here Thursday.
She said international trade was a driver of global partnership for development.
The Ambassador also praised the developing countries that have provided duty-free and quota-free markets access for the LDCs and invited other developing countries to allow the same facilities.
The LDCs, despite their significant efforts, had remained trapped at the bottom of the development ladder and the number of people living in extreme poverty in those countries were proportionately higher, she said adding the LDCs must remain in the special focus of the international community as committed in the Brussels Programme of action, otherwise, achievement of the MDGs would remain only a dream for them.
The Ambassador called upon the international community to immediately operationalise the "Aid for Trade Initiative" in the World Trade Organisation (WTO) with sufficient funding and underscored that it should particularly support the LDCs in building their supply-side capacities and compensating the erosion of preferences.