Arab Today, arab today commonwealth leaders urge actions to promote international trade investment
Last Updated : GMT 07:42:21
Arab Today, arab today
Arab Today, arab today

Commonwealth leaders urge actions to promote international trade, investment

Arab Today, arab today

Arab Today, arab today Commonwealth leaders urge actions to promote international trade, investment

Colombo - XINHUA

Top leaders of Commonwealth member states on Sunday urged global efforts to push forward international trade and investment so as to boost and sustain global economic recovery. In one of the key documents adopted at the end of their three- day summit, Kotte Statement on International Trade and Investment, the leaders noted that the Commonwealth accounts for one-fifth of global trade and is home to a population of over two billion, the majority of which live in developing and Least Developed member states. They expressed deep concern that widespread unemployment and economic hardship has created growing social unrest in many parts of the world. The leaders emphasized that reinvigorated worldwide and intra- Commonwealth trade and investment flows in boosting and sustaining global economic recovery as they are fundamental to economic prosperity, poverty alleviation and employment generation. "We reaffirm our commitment to a rules-based transparent free and fair multilateral trading system that enhances our trade liberalization and developmental objectives, while taking into account the special requirements of small and vulnerable economies and Least Developed Countries," the statement says. "In particular, we underline the urgency, need for flexibility and importance of securing a successful and balanced outcome at the 9th Ministerial Conference of the World Trade Organization in December 2013, to provide renewed confidence in the multilateral trading system and the much needed impetus for post-Bali negotiations to conclude the Doha round in the near future." The Commonwealth leaders called for the removal of trade distorting subsidies and that of non-tariff barriers and called for mechanisms designed to provide assistance to the promotion of investment flows and enhanced trade development within the Commonwealth. Noting investments in productive sectors are vital to driving economic growth, employment creation and poverty reduction, the leaders reiterated their commitment to working together in promoting greater intra-Commonwealth investment flows and enhanced private sector engagements. The leaders said they support regional trading arrangements that complement and support the multilateral trading system, and encourage ongoing regional integration efforts involving member states as unity of markets breeds strength and enhances global competitiveness. They also urged all concerned to ensure sustained, regular and uninterrupted flows of trade finance to support export and investment promotion, particularly in expanding intra-Commonwealth trade and investment flows.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today commonwealth leaders urge actions to promote international trade investment Arab Today, arab today commonwealth leaders urge actions to promote international trade investment

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today commonwealth leaders urge actions to promote international trade investment Arab Today, arab today commonwealth leaders urge actions to promote international trade investment

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today France opens door to post-2025 talks

GMT 05:16 2017 Wednesday ,20 September

France opens door to post-2025 talks
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday