Hon Deputy President, in addition to what you said regarding the Bretton Woods institutions, the ACDP believes that there is also an urgent need to transform the global trade regime in order for developing countries to use trade to address developmental challenges.
In particular, hon Deputy President, would the speedy conclusion of the Doha Round of negotiations at the World Trade Organisation not be a major step towards releasing the full potential of international trade? And, therefore, should developed countries not do everything to unlock the deadlock that exists at the moment to deliver on its developmental promises? Would this step not place South Africa and the international community as a whole in a better position to meet the targets set in the Millennium Development Goals? Thank you.