'Poor countries must use trade as a tool to survive the financial crisis gripping richer nations, Cambodia's premier told a meeting of officials from developing countries Wednesday. Trade ministers and representatives from nearly 50 nations under the Least Developed Countries grouping gathered for two days of talks in …Siem Reap.'

'The head of the World Trade Organization (WTO) said Monday that negotiators must redouble their efforts in order to make good on a pledge by world leaders to conclude a new trade deal by the end of the year. Leaders from the G20 group of major developed and developing powers committed at a weekend summit in Washington to counter the financial crisis by striving to ‘reach agreement this year’ on the Doha round of trade talks.'

“Leaders of Asia-Pacific economies at an upcoming weekend summit will issue a call against protectionism and backing free trade, despite the global financial crisis, an official from host Peru said Monday. The 21 nations in the Asia-Pacific Economic Cooperation (APEC) … account for 60 percent of the world's GDP.'

'The world's major economies must not use global financial turmoil as an excuse to retreat into protectionist trade, Australia and Indonesia said on Wednesday in a coordinated message ahead of a crisis summit in Washington.

Both countries are members of the group of 20 countries, that includes the world's biggest economies, and their leaders will attend a meeting this weekend called by U.S. President George W. Bush to combat financial turmoil and recession fears.'

'A deal on the Doha round of trade talks could be reached within weeks and a summit of industrial and emerging countries this weekend must send a clear signal to achieve this, the EU's top trade official said.'

'Finance ministers and central bank presidents from the world's 20 major economies have been meeting at a G20 summit in Sao Paulo in Brazil.'

“The director-general of the World Trade Organization (WTO), Pascal Lamy, said on Tuesday he would seek a second term as head of the organization and renewed his vow to conclude the Doha round of talks to open up world trade. …



In a letter to the chairman of the WTO General Council, Bruce Gosper, he said that concluding the Doha round would go a long way towards establishing a multilateral trading system and ensuring that opening up trade would serve developing countries goals Lamy s more...

“The World Trade Organization (WTO) has summoned leaders of top banks to find new ways to finance the global exchange of goods and services, which faces a slowdown because of the tight credit constraints caused by the financial crisis. …

In a letter to invitees, Lamy said the meeting of about 15 leaders would review how the international market for financing trade is faring, and look at ways to improve the availability of funds at affordable rates for developing countries.

The WTO said more...

'Malawi has a better chance than ever before to accelerate economic growth! A team of development partners and the Government are collaborating in carrying out analytical work to establish a basis for policy options that will help Malawi build on recent gains in growth and economic management. These policy recommendations for economic growth will be delivered early in 2009 in what is called a Country Economic Memorandum (CEM).

Since 2006 Malawi has had remarkable growth rates averaging 7.5 pe more...

'Malawi has a better chance than ever before to accelerate economic growth! A team of development partners and the Government are collaborating in carrying out analytical work to establish a basis for policy options that will help Malawi build on recent gains in growth and economic management. These policy recommendations for economic growth will be delivered early in 2009 in what is called a Country Economic Memorandum (CEM).

Since 2006 Malawi has had remarkable growth rates averaging 7.5 pe more...