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30 April 2012

Philippines and China participated in 13th Ministerial Meeting of the Group of 77 (G77)

The Philippines actively participated in the 13th Ministerial Meeting of the Group of 77 (G77) and China held in Doha, Qatar last April 21 in conjunction with the 13th Session of the United Nations Conference on Trade and Development (UNCTAD XIII).
The G77 and China, which is composed of more than 130 developing countries including the Philippines, adopted the G77 and China Ministerial Declaration at the conclusion of the Ministerial Meeting.
Under the Declaration, the Group emphasized the need for strengthened solidarity among developing countries in addressing common challenges, in taking advantage of opportunities and in redefining the development agenda.
The Group reaffirmed the central role of UNCTAD as the focal point within the UN for the integrated treatment of trade and development and interrelated issues in the areas of finance, technology, investment, and sustainable development.
The Group also reiterated the call for the necessary flexibility and political will to break the current impasse in the Doha Round of negotiations of the World Trade Organization and conclude in a balanced, comprehensive and development-oriented outcome.