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South-South Trade 16-17 October 2007
Commerce between developing countries -- often called "South-South trade" -- is expanding rapidly, but harnessing its benefits to reduce poverty, create stable growth, and help developing nations diversify their economies is posing a challenge for nations caught up in this quickly changing global market.
An UNCTAD expert meeting, held 16-17 October 2007, focused on "participation of developing countries in new and dynamic sectors of world trade: the South-South dimension." Those who set government policy, researchers, and businessmen exchanged information on how to obtain development gains from South-South trade, and on how to promote further trade between developing nations in dynamic and new sectors that foster the most durable and widespread kinds of economic expansion and positive development impacts.
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