2000 News Story
 

07/08/2000
UN Representative calls for fair and just criteria in global commerce

In an address in New York to the summer session of the Economic and Social Council, the Kingdom's Permanent Representative at the United Nations Ambassador Fawsi Bin Abdulmajeed Shobokshi deplored selective criteria in international relations as threatening the achievements of developing nations. These nations, he said, in addition to facing a population explosion, suffer from lack of progress and debt; and while Saudi Arabia supports a multilateral trading system within the framework of the World Trade Organization (WTO), there is growing suspicion regarding the fairness of this system. He therefore called on developed countries to open their markets to products from developing countries and desist from protectionist policies, noting that the Gulf Cooperation Council (GCC) states are still striving to reach international markets to sell their petrochemical products.


Return