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
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