Projects in this field include physical market development enhancement of market infrastructure facilitation of private sector initiatives and commodity price risk management.

Support the efforts of commodity dependent African countries to restructure, diversify and strengthen the competitiveness of their commodity sectors and decide to work towards market based arrangements with the participation of the private sector for commodity price risk management

(f) To support the efforts of commodity dependent African countries to restructure, diversify and strengthen the competitiveness of their commodity sectors and decide to work towards market based arrangements with the participation of the private sector for commodity price risk management

Commit to support the efforts of commodity dependent African countries to restructure, diversify and strengthen the competitiveness of their commodity sectors and decide to work towards market based arrangements with the participation of the private sector for commodity price risk management

The erosion of the market share of weaker commodity exporters in world markets was a source of concern.

10. Globalization was providing new market opportunities, and there were many dynamic product markets within the commodity sector.

(a) The basic essentials for the identification of market opportunities are often lacking in many commodity dependent countries.

Commit ourselves to supporting the efforts of commodity dependent African countries to restructure, diversify and strengthen the competitiveness of their commodity sectors and decide to work towards market based arrangements with the participation of the private sector for commodity price risk management

Furthermore, ample worldwide liquidity and the rise of other commodity prices induced market speculators to buy into oil futures.

As globalization proceeds, however,dynamic exporters have been taking over the market shares of weaker commodity exporters in world markets.

The developmental potential of the commodity economy depends on the commodity s product characteristics, market structures and development, and marketing strategies.

Commodity exporters in developing countries should be given market access and helped to develop risk management strategies and flexible compensatory schemes.

Cheap external finance, plentiful capital inflows, and commodity booms helped hide many such shortcomings and fueled 15 years of emerging market growth.

Commodity

Business associations and governments can also support the commodity sector by lobbying and identifying market opportunities and channelling information flows to the enterprise sector.

We welcome the proposal to ease supply side constraints and commodity price shocks in order to take the fullest possible advantage of increased market access.

Market access and entry, trade distorting subsidies, and standards and regulations impeding exports from developing countries needed solutions, as did weak and volatile commodity prices.

Commodity country

Commodity Procurement Section I Commodity Procurement Section II Support Services Section

Helima Croft, head of commodity strategy at Royal Bank of Canada, said OPEC changed the market sentiment by releasing signals that they would make an agreement.

(i) Further trade liberalization, improved market access and the avoidance of unilateral action would provide important support for the diversification efforts of commodity dependent developing countries.

Commodity service US

(a) Commodity chains

Eugen Weinberg, director of commodity research at the German commercial bank, said the possibility of OPEC trying to stabilize the market through the September meeting was low.

4. It was strongly felt that those commodity markets (e.g. foods) that were dynamic and provided export opportunities for commodity exporters were, in several instances, those where various types of trade barriers (escalation, peak tariffs) and sanitary and phytosanitary (SPS) measures were rendering market access complicated.

(ii) Non recurrent publications trade promotion handbooks (8) market surveys and commodity handbooks (3) enterprise management development tools (24) web CD ROM based training programmes (18) other (10).

Latin America s Commodity Windfall

Federation of Commodity Associations

Global contraceptive commodity programme

Support commodity market development actions that assist developing countries, in particular least developed countries (LDCs), and countries with economies in transition, to function effectively in a liberalized global economy.

10. What is of relevance in the context of commodity market prospects is the fact that many of the countries in the region are also major exporters of commodities.

40. The relative strengths of exporters in world markets are a function of market development on the one hand and the characteristics of the commodity involved on the other.

These included the provision of assistance, on a national or regional basis, in vertical and horizontal diversification as well as in related human capacities creation of self financing mechanisms for commodity diversification activities and effectively addressing the weak technological base, market access problems and other commodity related problems.

Since financing efforts were often jeopardized by considerable price fluctuations, market based project finance techniques, originally developed for infrastructure funding, were being introduced in the commodity sector, notably in mining.

Commodity prices are like this.

Why Are Commodity Prices Falling?

DIVERSIFICATION IN COMMODITY DEPENDENT COUNTRIES

DIVERSIFICATION IN COMMODITY DEPENDENT COUNTRIES

(a) Commodity chains 49 52

The Fund is an intergovernmental financial institution exclusively concerned with commodity development issues and commodity development projects.

Commodity dependent countries, particularly in Africa, will require an integrated approach, including special support to diversify their exports, add value to their commodity exports, build the associated supply capacity, manage commodity price volatility and develop a new generation of commodity financing schemes.

While recognizing the need for a broad and comprehensive agenda to address the problems and vulnerabilities of commodity dependent exporters, several speakers stressed the merit of market based risk management tools.

They called on the developed countries not only to assist the developing countries through the provision of financial resources and improved market access, but also to ensure that the terms of trade, particularly commodity prices, did not change in a manner that would adversely affect developing countries, which were primary commodity exporters.

United Nations commodity and other conferences.

3. Diversification in commodity dependent countries