Printer-friendly versionSend by emailPDF version

Adverse imbalances in international trade were exacerbating the impacts of the global economic and financial crisis, especially for developing countries, Algeria’s representative said today, as the Second Committee took up macroeconomic policy questions. Speaking on behalf of the 'Group of 77' developing countries and China, he said the turbulence in international trade was costly and disruptive, especially for least developed countries and African States. He described international trade as a 'vital tool' for long-term sustainable growth, emphasizing that developing countries should be spared from protectionist barriers, especially agricultural subsidies, and calling for the extension of trade-related technical and capacity-building assistance to them.