Phnom Penh (VNA) – Trade ministers and representatives from 49 least-developed countries (LDC) have gathered in Siem Reap, Cambodia, to discuss the impact of the current global financial crisis on their economies.
Cambodian Prime Minister Hun Sen opened the LDC ministerial conference on November 19, calling on developed countries to continue their assistance to and maintain their investment flow into the LDC in order to help them amidst the global crisis. It aims to help LDCs integrate their economies into the global trading system.
The two-day conference is jointly organised by Cambodia, the World Trade Organisation (WTO) and the United Nations Industrial Development Organisation (UNIDO).
One of the main topics on the agenda is "Aid for Trade" (AfT), a package of incentives designed to help overcome the structural and resource constraints of the least-developed countries in exchange for more speedy trade reforms.