India-Brazil-South Africa (IBSA) 1st Summit Joint Declaration, Brasilia, 13 September 2006

Sectors : International trade: market access, subsidies and aid for trade
Organisation : Other
Date made: 
Heads Of State
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Commitments in: Trade - International trade: market access, subsidies and aid for trade

“36. As members of the G-20, a grouping whose identity is deeply linked to the development dimension of the Doha Round, India, Brazil and South Africa are united around the goal of putting an end to trade distorting policies. The IBSA countries, which are also Members of the NAMA-11, are fully committed to strengthening the multilateral trading system in a more development-friendly fashion, aimed at promoting economic growth and employment and reduction of poverty.

38. The Heads of State and Government reiterated their commitment towards a fairer global trading system, to the benefit of developing countries. In this respect, and taking into account the spirit of the Brasilia Declaration, they welcomed the progress achieved so far in the São Paulo Round of the Global System of Trade Preferences among Developing Countries (GSTP). The GSTP has a crucial role to play in the new geography of trade, in which South-South trade is recognised as an important dynamic force. The GSTP can contribute decisively to foster new trade flows, supplement the current regional arrangements, and promote the diversification of export products and markets. The GSTP can be particularly effective in involving LDCs in the global trading system, providing them preferential access and devising other possible measures in their support. Those countries are encouraged to join the negotiations, in order to benefit to the largest extent possible from preferential access to other developing country markets.”