Commodities
A/RES/72/205
15. Also stresses that the Aid for Trade initiative should aim to help developing
countries, particularly the least developed countries, to build the supply-side capacity
and trade-related infrastructure that they need to assist them to implement and benefit
from World Trade Organization agreements and, more broadly, to expand their trade;
16. Recalls the agreement to keep under regular review, by the Ministerial
Conference and appropriate organs of the World Trade Organization, the impact of
the results of the Uruguay Round on the least developed countries as well as on the
net food-importing developing countries, with a view to fostering positive measures
to enable them to achieve their development objectives, and in this regard calls for
the implementation of the Marrakesh Ministerial Decision on Measures Concerning
the Possible Negative Effects of the Reform Programme on Least Developed and Net
Food-Importing Developing Countries;
17. Encourages developed countries that have not already done so and
developing countries declaring themselves in a position to do so to take steps towards
the goal of realizing timely implementation of duty-free and quota-free market access
on a lasting basis for all least developed countries, consistent with the Hong Kong
Ministerial Declaration adopted by the World Trade Organization in 2005;
18. Strongly encourages international financial institutions and development
banks to assist developing countries, in particular commodity-dependent developing
countries, in managing the effects of excessive price volatility;
19. Reaffirms that every State has and shall freely exercise full permanent
sovereignty over all its wealth, natural resources and economic activities;
20. Recognizes the importance of increasing efficiency, effectiveness and
transparency in the management of public and private sector revenues in developed
and developing countries derived from all commodities and commodities -related
industries, including final processed goods, in support of development;
21. Notes the important contributions of the Common Fund for Commodities
and other international commodities organizations, and encourages them, in
cooperation with the International Trade Centre, the United Nations Conference on
Trade and Development, the United Nations Industrial Development Organization
and other relevant bodies, to strengthen coordination among them and to identify and
implement innovative measures to enable the sustainable contribution of the
commodity sector to economic development, including ways to reduce vulnerability
to volatility in commodities, as well as to enhance activities in d eveloping countries
to improve access to markets and the reliability of supply, enhance diversification and
the addition of value, improve the competitiveness of commodities, strengthen the
market chain, improve market structures, broaden the export base a nd ensure the
effective participation of all stakeholders, on the basis of a shared understanding of
the contribution of commodities to sustainable development;
22. Stresses that the United Nations Conference on Trade and Development
and its partners, in the spirit of inter-agency cooperation and multi-stakeholder
partnerships, within their respective mandates, should continue to engage actively in
collaborative research and analysis of the commodity problematique and related
capacity- and consensus-building activities, with a view to providing regular analysis
and policy advice relevant to the sustainable development of commodity -dependent
developing countries, particularly low-income countries;
23. Emphasizes the importance of facilitating accession to the World Trade
Organization, particularly for commodity-dependent developing countries, in full
compliance with its rules;
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