ࡱ> =?< @ )bjbjPP 4@::!lllllllD$RSl  ll Rll ll PJDl*Rt 0| lllll & 3$ STATEMENT BY THE HONOURABLE MINISTER OT TRADE AND INDUSTRY, MR. DAVID O. CAREW AT THE SEVENTH REGULAR WORLD TRADE ORGANIZATION ( ϲʹ) MINISTERIAL CONFERENCE,GENEVA, SWITZERLAND, NOVEMBER 30-DECEMBER 2, 2009. Mr. Chairman, Director General and staff of the ϲʹ Colleague Ministers Distinguished Parliamentarians Heads of International and Regional Organizations Members with Observer Status NGO and Civil Society Representatives Distinguished Delegates It is a great pleasure and honour for me, on behalf of the people and Government of Sierra Leone to make a brief statement at this 7th Regular ϲʹ Ministerial Conference. Assembled in Geneva today is a vast array of world leaders, parliamentarians, non-governmental organizations, and the media. This certainly creates a more challenging environment for ϲʹ Members, but it is a challenge that we must all rise to with a view to ensuring that we all collectively work during these three days towards bridging the gaps that have prevented us from concluding the Doha round ,which was initially envisaged to end in 2005. The convening of this Conference took place during a period of pessimism regarding the state of the world affairs. The year 2009 finds the global economy at a crossroads. Great uncertainty surrounds the implications of this crisis for Least Developed Countries. As such making the results and benefits of globalization more inclusive and more beneficial to the least privileged countries everywhere should remain our major objective. We need to tackle this challenge on many fronts and simultaneously. Trade is indeed one of the solutions and that is the reason why we are here today. I am particularly heartened by the continued interest of parliamentarians, civil societies as well as bilateral and multilateral development partners in the activities of the ϲʹ. Your presence in Geneva today brings greater democracy and accountability to the ϲʹ as an institution. It reminds us of the importance of the project that countries launched back in 1947 in an attempt to bring law and order to international trade that project was of course the GATT. Today we all have a collective responsibility to strengthen that project, and to take it forward. After all, it is a project that has contributed to world peace and economic growth, and which has brought greater predictability and accountability to trade relations. Ladies and gentlemen, we are all aware of the uniqueness of this 7th ϲʹ Regular Ministerial Conference in that it has been scheduled not as a regular negotiating session but to review the activities of the ϲʹ and the contributions it can make towards economic recovery, growth and development. The convening of this Conference is timely and underscores the urgency and importance of the need for the entire ϲʹ Membership to reflect on and give policy inputs and a sense of direction to some of the pressing issues that seem to have apparently prevented us from concluding a deal on the Doha Round As a Least Developed Country Sierra Leone fervently believes in the merits of trade opening and reduction in trade barriers as a vital force for poverty reduction, promoting growth and development as well as improving the standard of living of the populace. We also believe that the World Trade Organization remains the most efficient and most legitimate forum to open and regulate world trade. The most efficient because it is at the service of all its members. The most legitimate, because it is the fairest system of all, as all the decisions are taken by all the members, large or small, strong or weak. We are nonetheless convinced that inspite of the benefits inherent in trade liberalization, there are considerable adjustments costs that cannot be ignored. These adjustments must not be relegated to the future: they must be an integral part of the opening-up agenda. It is no hidden secret that trade opening works for development but only if the imbalances it creates between developed countries and LDCs are adequately addressed. These imbalances have prevented LDCs from taking advantage of existing programmes. For example in the case of my country, struggling as we are to recover from the dire effects of a devastating eleven-year war, special programmes like the EBA and AGOA and even regional ones like the ECOWAS Trade Liberalization Scheme have so far not been of benefit to the budding Sierra Leone private sector. Challenges involving a total lack of supply capacity such as weak and most times non-existent infrastructure as well as very weak institutional capacity have relegated these initiatives to mere Accords to which Sierra Leone is a signatory. As a post conflict country with demanding challenges, Sierra Leone is in dire need of support to address issues relating to supply side constraints. Consequently, infrastructural development and the requisite institutional capacity building should go hand in hand with, or possibly even precede the lowering of tariffs. To address challenges relating to infrastructural development, Government has instituted an Agenda for Change (the second generation PRSP) with the major objective of socio-economic growth which calls on Agriculture to be the engine for economic growth, with focus on production, processing and marketing of domestically consumed and export-oriented crops, livestock, forestry and fishery products. The initial energy need is being addressed with the recent launching of the first phase of the Bumbuna hydro-electric power dam project providing electricity supply to Freetown and other parts of the country. In all, Government has increased electricity supply to the Western Area, including the capital - Freetown from an inherited 5 to a current 65 megawatts. Despite this major stride by Government particularly in the energy sector the poor state of the country`s infrastructure remains the biggest stumbling block to realizing its development aspirations. We therefore would like the Aid for Trade initiative to include provisions for assisting the public sector in developing basic infrastructure and other challenges relative to the creation of a viable trade and investment environment. We are also of the view that the actual focus should be on implementing programmes and projects both at country and regional level that can address the real capacity constraints of the LDCs, including, the building of productive capacities, trade facilitation and human resource development. We appreciate the Enhanced Integrated Framework initiative under the Aid for Trade as a step in the right direction in addressing the trade capacity and supply side constraints faced by LDCs. Sierra Leone has already received funding from the TIER 1 Funds. However delays in coming up with TIER 2 project Guidelines that could be used to develop project proposal in line with the Diagnostic Trade Integration Studys Action Matrix continue to create problems for us in aligning donor-funded activities with our overall work programme. With respect to the ϲʹ negotiations, I wish to state that Sierra Leone is committed to a successful completion of the Doha round of negotiations. While LDCs should remain committed to the conclusion of the Doha Round of negotiations, I remain steadfast in my belief that we, the LDCs, will need to send a strong and clear message to the international community, especially the key players in the ϲʹ process, that any outcome must not be at the cost of sacrificing the just and legitimate demands of LDCs for a ϲʹ that has development at its heart. Before concluding my statement, I would like to use this opportunity to inform this august body that Sierra Leone is finding it difficult to effectively participate in the ϲʹ as we are one of the few countries that does not have a Mission here in Geneva to effectively liaise with the capital. We are actively looking into addressing this and would appreciate whatever support we could get in this regard. Regarding the review of the activities of the ϲʹ, it is my fervent belief that we should use this forum to have a comprehensive stocktaking of what we have achieved so far as an organization as well as why we have failed to achieve what we should have achieved. In this regard the recommendations of the Chair at the end of this three day conference should lead to the strengthening of the internal workings of this organization and the enhancement of the institutions effectiveness and efficiency in terms of the services it provides to its members. 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