33. Among the perennial problems facing producers of commodities is the excessive instability of the prices of many commodities.

The prices of oil and many primary commodities have slipped.

Many among them are also major commodity suppliers.

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.

Joint work on the development of commodity exchanges has also taken place and information is exchanged on a number of topics, including commodities.

First, many commodities appeared to be in ample supply, a situation brought about in many cases by previous and temporary high levels of prices.

Many delegations drew attention to the continuing volatility of primary commodity prices and to the fact that in real terms commodity prices are still lower today than they were some 20 years ago.

There's obviously diversity. Huge numbers of things.

But commodity exports continued to constitute a major source of foreign exchange earnings for a large number of developing countries.

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

3. Notes the need expressed by developing countries, in particular the commodity dependent developing countries, for stable and more predictable commodity prices, in the face of instability and decline in real terms of the prices of many commodities

And, you know, how many widgets are you going to sell?

2. Agenda for commodity based diversification

A lot of lessons to be learned in terms of how we sell goods and services to the poor.

Many new motorcycles and vehicles circulated and the local market had a wide range of products.

However, commodity exports continued to constitute a major source of foreign exchange earnings for a large number of developing countries.

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

With regard to food distribution more specifically, the industry is composed of many agents, including supermarkets, quick service restaurants and specialty retailers.

This item will serve to revitalise the commodities debate, as commodity dependence remains a pressing concern for many developing countries.

13. Recent price declines, some of them very pronounced, were observed for many commodities, which altogether accounted for about one third of non oil primary exports of the developing countries.

Inter thematic issues Emerging social issues and managing globalization

And then finally, a lot of technologies commoditize.

Most domestic distributors of branded products, such as cars, clothing and cosmetics, are commission agents of foreign distributors or manufacturers.

In a context of rapid liberalization, declining shares of manufacturing employment and output and a downgrading to less technology intensive activities were common trends Commodity dependent exporters Many poorer economies, particularly in sub Saharan Africa, remained heavily dependent on one or two commodity exports.

1. Notes the need of the developing countries, in particular the commodity dependent developing countries, for stable and more predictable commodity prices in the face of instability and decline in real terms of the prices of many commodities

On the commodity supply side, the financial crisis has prompted many regional producers to increase their output. However, it appears that the sharp devaluations of the currencies in the region have not been of immediate benefit to many local exporters, because in some instances exports have been much rationed to secure supplies for the domestic markets in order to contain inflationary pressures.

You're making X amount per widget.

In the recent past, instability (as measured by average deviations from trend) has been particularly pronounced for many across the whole spectrum of commodities, in particular coffee and cocoa among the tropical beverages sugar among food many vegetable oils wool, jute, hides and skins rubber among the agricultural raw materials and nickel, manganese ore, zinc, aluminium and copper among the minerals, ores and metals.

In addition, it noted that commodity exports continue to play a key role in the economies of many developing countries .

There are many stores on either side of the street.

With the onset of the Asian crisis in mid 1997, the prospects of many commodity markets have also become even more uncertain.

Many developing countries continue to face severe obstacles to economic growth, which particularly affect smaller economies dependent on commodity exports, as is the case of many African countries.

DIVERSIFICATION IN COMMODITY DEPENDENT COUNTRIES

The international trading environment and commodity diversification

Mass production reduced the price of many goods.

3. Diversification in commodity dependent countries

A. Diversification in commodity dependent countries

The franchisee sells goods or services that meet the franchisor's quality standards and operates under the franchisor's trademarks.

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

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

RESTRICTIONS ON PRECIOUS COMMODITIES Import and export permits are not required.

Commodity conferences 3 As required up to 2 weeks

DIVERSIFICATION IN COMMODITY DEPENDENT COUNTRIES

33. We emphasize the need to address the impact of weak and volatile commodity prices and support the efforts of commodity dependent countries to restructure, diversify and strengthen the competitiveness of their commodity sectors.