Cambodia to host trade talks of least developed countries

November 14, 2008 by pna

PHNOM PEHN, Nov. 14 - Cambodia will host a meeting of industry and commerce ministers from around 49 of the world's poorest countries described as the "least developed" from Nov. 19-20 in Siem Reap province.

The ministerial meeting is aimed at discussing issues related to international trade and hammering out solutions to common problems faced by the poorest nations in their integration into global trade, the Nov. 13 press release from the office of Cambodian government said.

High on the meeting agenda will be "Aid for Trade" (AfT), which is a package of incentives designed to help least developed countries overcome structural and resource constraints.

Ministers are expected to discuss ways to accelerate implementation of "South-South Cooperation for Poverty Reduction" plan that has been adopted since the previous meeting.

Cambodian Prime Minister Hun Sen is expected to open this event, the press release said.

The Cambodian government, the United Nations Industrial Development Organization and the World Trade Organization (WTO) are jointly organizing this event. (PNA/VNA)