Stress on building global multilateral trade system
Qatar has stressed the importance of building a multilateral, rule-based, open, non-discriminatory and equitable multilateral trade system that contributes to sustainable development, inclusive growth and employment opportunities around the world.
This was stated by Mansour Abdullah al-Mahmoud, a member of the Qatari delegation participating in the 73rd session of the General Assembly of the United Nations. The meeting was discussing macroeconomic policies.
Al-Mahmoud commended the important role played by the UN Conference on Trade and Development (UNCTAD) and its relentless efforts to address trade and development issues, which hosted the 13th session of Qatar in 2012.
He pointed out that the current economic crises, high unemployment rates and the debt burden of the world in a global economic environment of uncertainty and volatility require the international community to intensify efforts to reach common visions that promote global economies, especially in developing and least developed countries.
He added that it is through these efforts the aspirations of the world for a dignified life will be met.
Al-Mahmoud noted that international trade is an important enabling tool for economic development, stimulating overall economic growth, creating employment opportunities and reducing poverty, and thus contributing to the realisation of the 2030 Agenda for Sustainable Development.
He stressed the importance of the UN Secretary-General’s report on international trade and development, as the tangible progress in the Doha Development Round of the World Trade Organisation helped revitalise the global partnership for sustainable development.