A/RES/51/167
Page 3
developing countries and countries with economies in transition into the
international trading system, in a complementary manner with the World Trade
Organization, and to promote development through trade and investment in
cooperation and coordination with the International Trade Centre, relevant
institutions of the United Nations system and other international
organizations;
7.
Invites, in this context, the United Nations Conference on Trade
and Development to continue, inter alia, to follow developments in the
international trading system, in particular their implications for developing
countries, and to identify new opportunities arising from the implementation
of the Uruguay Round agreements;
8.
Decides, in this context, that the United Nations Conference on
Trade and Development should implement its programme of work with a focus on
the issues of globalization and development, international trade in goods and
services and commodity matters, investment, enterprise development and
technology, services infrastructure for development and trade efficiency;
9.
Invites the President of the United Nations Conference on Trade
and Development at its ninth session to consider convening a special highlevel review meeting two years prior to the tenth session of the Conference;
II
10.
Stresses the urgent need to continue trade liberalization in
developed and developing countries, including liberalization through a
substantial reduction of tariff and other barriers to trade, in particular
non-tariff barriers, and the elimination of discriminatory and protectionist
practices in international trade relations, which will have the effect of
improving access for the exports of developing countries, enhancing the
competitiveness of their domestic industries and facilitating structural
adjustment among developed economies;
11.
Also stresses the need for the full integration of economies in
transition, as well as other countries, into the world economy, in particular
through improved market access for their exports in accordance with the
multilateral trading agreements, and recognizes in this respect the importance
of open regional economic integration of interested economies in transition
among themselves, as well as with developed and developing countries, in
creating new possibilities for expanding trade and investment;
12.
Recognizes that the World Trade Organization provides the
framework for an open, rule-based, equitable, secure, non-discriminatory,
transparent and predictable multilateral trading system, and stresses that all
members of the World Trade Organization should implement their commitments in
respect of the Uruguay Round agreements in a full, timely, faithful and
continuous manner and that all provisions of the Final Act Embodying the
Results of the Uruguay Round of Multilateral Trade Negotiations3 should be
effectively applied, so as to maximize economic growth and the developmental
benefits thereof for all, taking into account specific difficulties and
interests of developing countries;
13.
Urges Governments and concerned organizations to implement fully
and expeditiously the Ministerial Decision on Measures in Favour of the Least
Developed Countries3 and to apply effectively the Ministerial Decision on
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