Wednesday, November 19, 2008

Cambodia supports WTO director general for new term

PHNOM PENH, Nov 19, 2008 (Xinhua) - Cambodia supports World Trade Organization (WTO) Director General Pascale Lamy to work at his current position for a new term, said Prime Minister Hun Sen on Wednesday.

"Thus he can continue to join the efforts of solving the problems that the least developed countries (LDC) are facing," he told the opening ceremony of the two-day LDC Ministerial Conference, which is organized by the United Nations Industrial Development Organization (UNIDO) and WTO in Siem Reap province.

"We vote to support him to continue his work as director general of WTO. We requests him to serve our benefits," he told the delegates who came from a total of 49 counties to discuss issues related to international trade.

The director general will be able to contribute to solving the problems and challenges that we are facing and we need him, national television TVK quoted him as saying at the ceremony.

"It is a good thing and suitable for us that LDCs join together to support him," he said, adding that "Lamy knows our matters."

A joint press release from UNIDO and WTO said that the meeting aims to help LDCs integrate their economies into the global trading system

One of the main topics is "Aid for Trade" (AfT), a package of incentives designed to help overcome structural and resource constraints of least developed countries in exchange for more speedy trade reforms, it added.

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