High trade growth for least-developed countries

The value of the total exports of least-developed countries (LDCs) including goods and commercial services, grew by 23.9 per cent in 2011 to reach US$229.8 billion, according to the World Trade Organisation (WTO). However, the LDC coordinator in the WTO, pointed out that “a lot remains to be done”. LDCs’ exports of manufactured goods and commercial services expanded by 24.8 … Continue reading

Posted by Nigel Tree | Comments Off on High trade growth for least-developed countries

Least developed countries being badly hit by world downturn

The world financial and economic crisis has reversed recent growth trends in the world’s poorest nations, according to a report just issued this morning by the United Nations Conference on Trade and Development (UNCTAD). The Fourth United Nations LDC Conference, held last year in Istanbul, resulted in a Programme of Action that sets a target of having at least half … Continue reading

Posted by Nigel Tree | Comments Off on Least developed countries being badly hit by world downturn