Magazine article International Trade Forum

Least Developed Countries

Magazine article International Trade Forum

Least Developed Countries

Article excerpt

A "High-Level Meeting on Integrated Initiatives for Least Developed Countries' Trade Development" was organized in Geneva on 27 and 28 October by WTO, UNCTAD, ITC, UNDP, the World Bank and the IMF.

Mr. J. Denis Belisle, ITC's Executive Director, gave a statement at the inaugural session, in which he said that the meeting would be "only the beginning of a well thought-out process to which LDCs, other developing countries, developed market economies, economies in transition and all of us from bilateral development agencies and international organizations, who believe in trade as a means to achieve sustainable development, will have to continue to devote solid, creative and, indeed, integrated efforts. ... In my view, enterprises need to be put at the centre stage in all trade development efforts. Once the proper rules are in place and supportive policies have been adopted, it is the business sector that has to deliver ... I wish to assure you that ITC will continue to make available its expertise and 33 years of experience to LDCs on a priority basis."

The meeting endorsed a trade assistance programme designed to help LDCs increase their ability to trade. …

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