Addis Ababa Action Agenda of the Third International Conference
on Financing for Development (Addis Ababa Action Agenda)
A/RES/69/313
development. We welcome the work carried out by the WTO Expert Group on Trade
Financing, and commit to exploring ways to use market-oriented incentives to
expand WTO-compatible trade finance and the availability of trade credit,
guarantees, insurance, factoring, letters of credit and innovative financial
instruments, including for micro, small and medium-sized enterprises in developing
countries. We call upon the development banks to provide and increase marketoriented trade finance and to examine ways to address market failures associated
with trade finance.
82. Whereas, since Monterrey, exports of many developing countries have
increased significantly, the participation of least developed countries, landlocked
developing countries, small island developing States and Africa in world trade in
goods and services remains low and world trade seems challenged to return to the
buoyant growth rates seen before the global financial crisis. We will endeavour to
significantly increase world trade in a manner consistent with the sustainable
development goals, including exports from developing countries, in particular from
least developed countries with a view towards doubling their share of global exports
by 2020 as stated in the Istanbul Programme of Action. We will integrate sustainable
development into trade policy at all levels. Given the unique and particular
vulnerabilities in small island developing States, we strongly support their
engagement in trade and economic agreements. We will also support the fuller
integration of small, vulnerable economies in regional and world markets.
83. As a means of fostering growth in global trade, we call upon WTO members to
redouble their efforts to promptly conclude the negotiations on the Doha
Development Agenda, 23 and reiterate that development concerns form an integral
part of the Doha Development Agenda, which places the needs and interests of
developing countries, including least developed countries, at the heart of the Doha
Work Programme.23 In that context, enhanced market access, balanced rules and
well targeted, sustainably financed technical assistance and capacity-building
programmes have important roles to play. We commit to combating protectionism in
all its forms. In accordance with one element of the mandate of the Doha
Development Agenda, we call upon WTO members to correct and prevent trade
restrictions and distortions in world agricultural markets, including through the
parallel elimination of all forms of agricultural export subsidies and disciplines on
all export measures with equivalent effect. We call upon WTO members to also
commit to strengthening disciplines on subsidies in the fisheries sector, including
through the prohibition of certain forms of subsidies that contribute to overcapacity
and overfishing in accordance with the mandate of the Doha Development Agenda
and the Hong Kong Ministerial Declaration. We urge WTO members to commit to
continuing efforts to accelerate the accession of all developing countries engaged in
negotiations for WTO membership and welcome the 2012 strengthening,
streamlining and operationalizing of the guidelines for the accession of least
developed countries to WTO.
84. Members of WTO will continue to implement the provisions of special and
differential treatment for developing countries, in particular least developed
countries, in accordance with WTO agreements. We welcome the establishment of
the monitoring mechanism to analyse and review all aspects of the implementation
of special and differential treatment provisions, as agreed in Bali, with a view to
strengthening them and making them more precise, effective and operational as well
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23
24/37
See A/C.2/56/7, annex.
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