Africa: Poor Nations Press Rich States On Fair Trade At UNCTAD XI

The U.N. Conference on Trade and Development opened its 11th ministerial meeting with officials from developing countries urging rich nations to cut subsidies to their producers and vowing to find ways to promote national development while increasing trade liberalization. Unlike World Trade Organisation meetings, in which developed countries are heavily represented, UNCTAD meetings are mostly attended by developing nations, which often accuse rich countries of calling for an increase in trade liberalization while protecting their own markets with high subsidies.