UNCTAD XII Adopts Wide-Ranging Conclusions

UNCTAD Secretary-General Supachai Panitchpakdi during the UNCTAD XII Closing plenary - Photo Credit: D. Anobil / ISD

Against the backdrop of surging food prices and global economic uncertainties, UNCTAD XII ended with adoption of comprehensive conclusions aimed at reinforcing international efforts to extend gains from globalization to the millions being left behind.

UNCTAD Secretary-General Supachai Panitchpakdi hailed the Accra Accord and its accompanying political declaration for embodying the shared commitment of the developing and developed world “to work toward making globalization a powerful means to achieve poverty eradication.” Quoting Ghanaian President John Kofi Agyekum Kufuor, whose country hosted the conference, Dr. Supachai referred to a new mood of “development solidarity” around the objective of narrowing gaps between countries and achieving the Millennium Development Goals, which include halving extreme poverty by 2015.