ISSUE: 4 Page 1 of 4 QUESTION OF: Establishing and implementing trade policies to help reduce poverty CO-SUBMITTERS: Bahrain, Angola, Guinea-Bissau, South Africa, Uganda, UAE, Zambia, Andorra, D.R. Congo, Russia THE SPECIAL CONFERENCE, Referring to the Charter of the United Nations’ preamble vowing “to employ international machinery for the promotion of the economic and social advancement of all peoples”, Recalling the Millennium Development Goal to eradicate poverty by 2015, Noting with deep concern that the United Nations’ report “The Global Partnership for Development at a Critical Juncture” found serious gaps in the realization of MDG commitments, Declaring that the fluctuation of markets of raw materials produced in developing countries, especially during an economic crisis, intensifies the difficulty of workers in these countries to make a profit, Deeply disturbed by the high tariffs imposed by developed countries on key products from developing countries, Alarmed by the fact that almost half the world, over three billion people, lives in extreme poverty and on less than $2.50 a day, Believing that open economies function more effectively in aggregate than closed economies, Congratulating the actions of Non-Governmental Organizations such as the International Trade Centre which attempt to spur global trade as a form of eliminating poverty, Convinced that the eradication of poverty is a crucial step towards sustainable development, Bearing in mind that trade alone is not enough to eradicate poverty, ISSUE: 4 Page 2 of 4 QUESTION OF: Establishing and implementing trade policies to help reduce poverty CO-SUBMITTERS: Bahrain, Angola, Guinea-Bissau, South Africa, Uganda, UAE, Zambia, Andorra, D.R. Congo, Russia 1. Expresses its satisfaction regarding initiatives such as the European Union’s “Everything but Arms” plan, the United States’ “Caribbean Basin Initiative” and the “African Growth and Opportunity Act” for their abilities to encourage substantial new investments, trade, and job creation and trusting in the continuity and consequent success of these; 2. Calls for a ceaseless drive to ensure that workers in developing countries receive direct profits for their products and congratulates the Fair Trade Movement and Alternative Trade Organizations for their efforts to guarantee this; 3. Recommends the cooperation between big business and governments in Member States for the purpose of integrating poor sectors of the economy, such as agriculture, into more developed sectors, such as the tourist industry; 4. Requests that developing countries move beyond connecting producers with buyers through measures such as but not limited to: a. adding value to their exports, b. looking for new market opportunities, c. defining marketing and branding strategies that will help them create new, profitable business that produce sustainable jobs; 5. Supports the World Trade Organization efforts to promote global trade such as but not limited to: a. promoting liberalization of trade as an instrument to alleviate poverty, b. building trade capacity in developing countries in providing: i. human capacity such as trade lawyers, economists, or skilled negotiators, ii. institutional capacity such as customs, national standards authorities, and the delegation representing the country at the WTO, iii. infrastructure such as roads, ports, and telecommunications, c. instructing developing countries’ delegates on how their countries can gain through the trading system; ISSUE: 4 Page 3 of 4 QUESTION OF: Establishing and implementing trade policies to help reduce poverty CO-SUBMITTERS: Bahrain, Angola, Guinea-Bissau, South Africa, Uganda, UAE, Zambia, Andorra, D.R. Congo, Russia 6. Endorses initiatives that instigate developing countries to trade with each other such as the South-South trade which now accounts for 50% of many poor states’ commerce and is increasingly replacing old trade links with former colonial powers; 7. Proposes resuming meetings of the Doha Development Agenda as its serves the crucial purpose of lowering trade barriers around the world allowing countries to maximize global trade; 8. Deplores the fact that only 81 per cent of least developed country exports, excluding armaments and oil, have acquired duty-free status in industrialized country markets falling short of the 2005 commitment made by WTO Member States in Hong Kong to allow 97 per cent of exports from the poorest countries to enter rich-country markets without duties or quotas; 9. Suggests that developed countries reduce agricultural subsidies as these are still very high in comparison to Official Development Assistance flows which undermines prices and income opportunities for farmers in developing countries, affecting food security, most alarmingly, in places where hunger is widespread; 10. Expresses its satisfaction with the fact that Aid for Trade commitments to developing countries increased 35 per cent in real terms in 2008, to reach a record level of almost $42 billion; 11. Strongly urges a serious commitment to Aid for Trade and sufficient resources reach countries that are most in need of aid as only 25 per cent of resources reach the least developed countries; 12. Affirms that for trade policies and foreign investment to be effective, Member States must assure good governance and work for political stability and social peace by introducing measures to fight corruption and increase transparency in the economy; ISSUE: 4 Page 4 of 4 QUESTION OF: Establishing and implementing trade policies to help reduce poverty CO-SUBMITTERS: Bahrain, Angola, Guinea-Bissau, South Africa, Uganda, UAE, Zambia, Andorra, D.R. Congo, Russia 13. Urges developed countries to maintain openness to trade with developing countries, offering incentives for these countries to continue to open their economies and build free markets, and preserving high-level dialogue on trade and investment; 14. Decides to remain actively seized on this matter.