PART IV: TRADE AND
DEVEL0PMENT |
XXXVI |
Principles and Objectives |
|
1. |
The contracting parties, |
|
1(a) |
"recalling that the basic objectives of this Agreement
include the raising of standards of living and the progressive development of the
economies of all contracting parties, and considering that the attainment of these
objectives is particularly urgent for less-developed contracting parties;" |
|
1(b) |
"considering" the key role of "export
earnings" and its dependence on prices of essential imports, export volume and
prices; |
|
1(c) |
"noting that there is a wide gap" in living
standards; |
|
1(d) |
"recognizing" the essential role of individual and
joint action; |
|
1(e) |
"recognizing that international trade as a means of
achieving" advancement should be consistent with "the objectives set forth in
this Article;" |
|
1(f) |
"noting that the Contracting Parties may enable
less-developed Contracting Parties to use special measures to promote their trade and
development;" agree as follows |
|
2. |
Recognizes the need for rapid expansion of export earnings of
LDCs |
|
3. |
Recognizes the need for "positive efforts to
ensure" export growth "commensurate with" their development needs. |
|
4. |
Recognizes the "continued dependence of many
less-developed contracting parties on the exportation of a limited range of primary
products" and the need to improve export conditions for those products, in particular
measures to promote "stable, equitable and remunerative prices." |
|
5. |
Recognizes the need for increased market access for processed
and manufactured product exports of interest to LDCs for diversification purposes. |
|
6. |
Recognizes the need for collaboration with international
lending agences to help alleviate debt burdens. |
|
7. |
Recognizes the need for collaboration with appropriate UN
organs and agencies. |
|
8. |
The DCs "do not expect reciprocity" for concessions
to LDCs. |
|
9. |
Requires a "conscious and purposeful effort" by the
Contracting Parties to "give effect to these principles and objectives." |