Jul 20
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Speech of H.E. the Minister of Commerce of The R. of Angola at the 14th UN Conference on Trade and Development (UNCTAD XIV)

Mister President,

Excellencies

Ladies and gentlemen,

The Republic of Angola is associated with the interventions made by Namibia on behalf of the African Group, by Bangladesh on behalf of LDCs and by Tanzania on behalf of the G-77 plus China.

Allow me first, Mr. President to thank the Government of the Republic of Kenya for the warm welcome and excellent working conditions placed at our disposal.

We would also like to express our appreciation to the Secretary-General of UNCTAD for the preparation and creation of conditions for the realization of this 14th UNCTAD Conference, which takes place at a particular time of international economic situation, characterized by the economic downturn in developed countries on the one hand and on the other the lower prices of the main commodities, which has led to a decline in growth rates and rising unemployment in the exporting countries.

It is no doubt that trade is an engine for inclusive economic growth for poverty reduction and sustainable development. However it is necessary that it be based on fair and non-discriminatory rules.

Mr. President,

Excellencies,

In 2015, there were many initiatives and decisions made by world leaders in order to end poverty in all its dimensions (Agenda 2013), for the financing of sustainable development (Plan of Action Addis Ababa) as well as to combat climate change and mitigate its effects (COP 21).

Similarly, even in 2015, this welcoming city of Nairobi,  during the 10th Ministerial Conference of the World Trade Organisation adopted a number of key decisions, including some in favor of Least Developed Countries and the elimination of agricultural export subsidies.

All these events have taken decisions that demonstrate that sustainable and inclusive development remains a challenge of the XXI century.

Despite economic growth in recent years in developing countries, globalization gains are still asymmetrical between the developed and developing countries. For example, one billion people still live in extreme poverty, which is one fifth of the world population.

Therefore, the success of the new sustainable development agenda 2030 will depend on adequate policies at national level and of course full engagement of the international community, including UNCTAD should support and assist developing countries in their strategies and actions for inclusion the world economy.

Mr. President,

Excellencies,

The Istanbul Action Plan outlines the guidelines for sustainable development of LDCs and sets among other ambitious goals to graduate half of LDCs by 2020.

In this context, Angola has made efforts that led to his eligibility in 2012 to his graduation from LDCs under Resolution No. A / 70 / L.31 of 12 February 2016 the United Nations General Assembly.

The resolution gave five-year transition period for graduation, which will be effective in 2021. During this period, Angola shall prepare, with the support of the Agencies and United Nations programs and other development partners, a national strategy for “a smooth transition”, which requires inter alia, economic diversification to external shocks, as defined in the High Level Meeting Midterm review of the level on the implementation of the Istanbul Action Plan held in Antalaya (Turkey).

Mr. President,

The growing interdependence of countries in the global economy and the trend of including new rules in international economic relations have limited policy space of States in developing countries, particularly in the areas of trade, investment and industrial development. So it is important to have policy flexibility in the implementation of international commitments in the field of trade and development.

UNCTAD, within its mandate needs to play its role particularly help overcome the persistent systemic constraints and imbalances in the international economy to achieve development levels needed to achieve the overall goal of prosperity for all.

Thank you so much