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Thursday, 09 February 2012

Lamy congratulates the Netherlands on “its commitment to development"

In the course of the Jubilee Conference of the National Committee for International Co-operation and Sustainable Development of the Netherlands (NCDO), Pascal Lamy, WTO Director-General, congratulated the Netherlands on “its commitment to development assistance and supporting the use of trade as a tool for growth and poverty reduction”.  Notably, he said: “My visit here confirms what I experienced in a previous life with the European Commission that your country has much to share with the global community through international trade.”
Furthermore, he highlighted the positive effects of international trade  for countries and underlined: “Trade opening can have a transformational effect on a country’s economy and we have seen many examples of this in the WTO ledger from Angola to Zambia and many others in between”.  
Regarding Doha negotiations, he recognized that “[A]dapting the rules to the realities of a fast-changing global community is challenging [as] we see this in the Doha Development Agenda”. Though Mr. Pascal wondered what the right balance of trade-related rights and commitments between countries at different levels of development is, he said that “this is the geo-political reality of the day and one of the central questions that [the] global community will face.

Source: WTO