The potential medium term revenue gains from trade and transport facilitation are estimated to be 2 to 3 per cent of the total value of traded goods.

International trade and trade negotiations geared towards assuring development gains can contribute to the Millennium Development Goals.

Trade liberalization must be fostered to maximize development gains for developing countries.

South South and intra regional trade in particular would benefit from multilateral trade facilitation agreements.

However, thus far, developing countries' participation in and profits from world trade have not been considerable, because of the obstacles and distortions in trade, such as subsidies and internal assistance, that stands in the way of the development of our countries.

Benefiting from the multilateral trading system

The benefits to development from trade can be realized only through greater market access and reduced subsidies.

China s Shrinking Trade Surplus

Free trade in textiles could generate income gains in developing countries of 24 billion a year, export revenue gains of 40 billion and 27 million jobs.

(a) As tariff barriers decline, it is important to find other revenue sources in place of falling trade tax revenue since, in several African countries, such revenue remains a significant part of total revenue. During the transition to non trade sources of revenue, aid flows, aimed at replacing revenue shortfalls from trade liberalization, could be very useful

In North South trade unskilled workers have benefited in the South, but the gains have been concentrated on those with skills in the North (Wood, Adrian, 1995).

While appreciating the interest that all nations had in trade issues, it believed that those interests should be pursued among trade experts at WTO.

In our Hemisphere alone trade based money laundering has been responsible for laundering billions of dollars of illicit narcotics proceeds.

(b) Foster increased participation in trade by developing nations

It is important to aim for an equitable balance of the benefits of trade and transport facilitation measures among all trading partners.

Most importantly, market openings benefited not only trade partners but also the country that liberalized both developed and developing countries stood to gain from trade liberalization.

This allowed countries to benefit from international trade not only through new ways of capturing foreign exchange but also by expanding the supply of new health services to their own population, improving quality and reducing costs.

19. Business receipts showed marked improvement in 1996.

With a comprehensive, pro development agenda combining trade liberalization with rule making and complementary aid for both trade and trade related assistance, the Doha round can bring benefits to all trading partners and in particular, and crucially, to developing countries.

Gains for developing countries hinged as much on their own liberalization as on the market opening made by trade partners.

The potential developmental benefits from trade can be significant.

From the standpoint of comparative advantage, gains from trade arise from imports exports are what a country has to give up in order to afford them. These gains accrue to all countries, as long as trade expands in a balanced fashion.

18. Invites members of the international community to consider the interests of non members of the World Trade Organization in the context of trade liberalization

Convention on the Liability of Operators of Transport Terminals in International Trade and Convention on the Assignment of Receivables in International Trade.

United Nations Convention on the Assignment of Receivables in International Trade

In many developing countries, total tax revenue is derived from three main sources domestic taxes on goods and services (sales and excise taxes), direct taxes (primarily on corporations), and, most important, taxes on foreign trade (import duties). But, as trade liberalization has lowered tariffs and duties, the share of trade taxes has declined, while other sources have not compensated for falling trade revenue.

An open MTS was not sufficient to assure gains from trade to developing countries and address the issue of marginalization of many countries from international trade.

Under JITAP, capacity building focused on the multilateral trading system (MTS) being delivered by ITC, UNCTAD and WTO through close cooperation and collaboration with the beneficiary countries.

How the US China trade war may be good for Beijing

Although many WTO Members may derive sustainable development benefits from freer trade in EGs, there is a need to identify products of current or potential export interest to developing countries.

Global fear about free trade leaves the planet at risk of missing out on the extraordinary benefits that it offers. Free trade is good not only for big corporations, or for job growth.

As the Consensus also pointed out, to realize the potential from a successful conclusion to the multilateral trade negotiations, all groups of developing countries and all regions must be in a position to exploit increased trading opportunities.

Evidence shows that even in Asia and the Pacific, trade liberalization has not brought the expected large gains for the SME sector.

Several speakers also noted the role of trade in services and its potential for welfare gains, in both developed and developing countries.

UNCTAD was implementing components of ASYCUDA and developing the enabling regulatory, physical and commercial environments for fiscal control of trade and transport revenues.

19. Invites members of the international community to consider the interests of non members of the World Trade Organization in the context of trade liberalization

The developing of a comprehensive agenda for further trade liberalization that reflected the interests of all members of the World Trade Organization was called for.

Trade Points and trade facilitation mechanisms had long been available in the services infrastructure of developed countries, and it was developing countries who should be the main beneficiaries of new Trade Point programmes.

Economies in transition are also able to benefit from UNCTAD s programme on electronic trading opportunities (ETOs), which distributes information on products, services, investment, joint ventures etc. collected from trade points and third party information providers.4 Data for 1997 showed that 86 per cent of users receive responses to their ETOs and 27 per cent of those conclude business deals on the basis of ETOs.

A recent study by OECD of the welfare effects of services trade liberalization in a range of countries and regions at different levels of development indicated that, with a single exception, the projected gains to countries and regions from unilateral service trade reform far exceeded those from unilateral reform in agriculture or manufacturing.46

United Nations Conference on Trade and Development, New Geography of International Trade South South Cooperation in an Increasingly Interdependent World (TD 404).

Based on information gathered by the UNCTAD secretariat from the Korean Fair Trade Commission.

Cash receipts and invoices to the Ituri based traders compensating the 1.3 million gold shipment by the Kampala trading firm

It has become of increasing importance that the name Trade Point is legally protected worldwide, together with the name and logo of the Global Trade Point Network (GTPNet) and the Electronic Trading Opportunities (ETOs).

56 81. United Nations Convention on the Assignment of Receivables in International Trade