A/RES/59/224 designed regulatory policies that protect the public interest and generate public confidence in market operations; 6. Encourages developing countries, with the necessary support of donor countries and the international community, to formulate specific commodity policies so as to contribute to the facilitation of trade expansion, the reduction of vulnerability and the improvement of livelihood and food security, by: (a) Creating an enabling environment that encourages the participation of rural producers and small farmers; (b) Continuing the diversification of the commodity sector and enhancing its competitiveness in developing countries that are heavily dependent on commodities; (c) Increasing technology development and improving information systems, institutions and human resources; 7. Notes that the supply capacity and adaptability of many countries is constrained by weak institutional and technical capacity, and invites the international community to support commodity-dependent developing countries in addressing the loss of competitiveness and negative commodity production and trade trends and in taking the measures necessary to improve livelihoods and food security in commodity-dependent developing countries by supporting the design and implementation of commodity chain strategies, and welcomes initiatives taken in this regard; Emphasizes the importance of official development assistance for 8. agriculture and rural development, and invites developing countries to prioritize agriculture and rural development in their national development strategies and programmes, inter alia, in the New Partnership for Africa’s Development, 13 and in this regard invites developed countries and the donor community to further reinforce their assistance to those sectors in developing countries by providing financial and technical support for activities aimed at addressing commodity issues, particularly the needs and problems of commodity-dependent developing countries; Welcomes the decision taken by members of the World Trade 9. Organization on 1 August 2004,7 and stresses the importance of a successful conclusion of the Doha work programme;6 10. Reiterates the importance of expanded South-South trade and investment in commodities; 11. Recalls the potential of regional integration and cooperation to improve the effectiveness of traditional commodity sectors and support diversification efforts; 12. Calls upon developed countries that have not already done so to work towards the objective of providing duty-free and quota-free market access for all least developed country products, and encourages developing countries in a position to do so to contribute to improved market access for the least developed countries; 13. Recognizes that developed countries account for two thirds of world non-fuel commodity imports, and expresses the urgent need for supportive international policies and measures to improve the functioning of the commodity markets through efficient and transparent price-formation mechanisms, including _______________ 13 A/57/304, annex. 3

Select target paragraph3

Connect to a paragraph
Connect to an entity
Disable highlights
Add to table of contents