To ease your site search, article categories are at bottom of page.

August 08, 2007

UNCTAD commodities exchange meeting slated for Geneva, September 3

Structural changes in commodity markets – in particular, liberalization and the substantial withdrawal of government support for the sector – initially drove the promotion by developing country governments of exchanges as an instrument of commodity-sector development. In recent years, a more ambitious approach has been taken. Largely driven by advances in information and communications technology, commodity exchanges are now moving beyond earlier constraints to become institutional catalysts for improving performance in the commodity sector and integrating supply chains.

A UNCTAD-organised meeting to be held on 3 September in Geneva, Switzerland will look at the trade and development aspects of these institutions as public and private efforts to establish African commodities exchanges pick up, as well as in the developing world in general. Under the heading "Trade and Development Implications of Commodity Exchanges," the discussions will serve to inform UNCTAD member States about the growing usefulness of commodity exchanges in liberalizing and globalizing commodity markets.

The discussions will provide a forum for appraising the extent to which a commodity exchange can trigger a wide range of potential benefits for developing countries’ commodity sectors by : creating markets and broadening access to them; building confidence among commodity-sector participants to enter into trading relationships; improving the price discovery process; facilitating risk management and access to finance; enhancing infrastructure; and upgrading the quality of production.

Experts will also examine the key challenges in promoting a robust but facilitative regulatory environment within which commodity exchange can operate effectively, as well as the role of commodity exchanges in stimulating the expansion of South–South commodity trade and regional economic integration.

To facilitate the discussion, the UNCTAD secretariat has prepared a background note entitled "The development role of commodity exchanges," which together with further details about the September meeting can be found at www.unctad.org/c1em33_comex

Contacts: Ms. Leonela Santana-Boado (leonela.santana-boado@unctad.org) or
Mr. Adam Gross (adam.gross@unctad.org)

Article Categories

AGRA agribusiness agrochemicals agroforestry aid Algeria aloe vera Angola aquaculture banana barley beans beef bees Benin biodiesel biodiversity biof biofuel biosafety biotechnology Botswana Brazil Burkina Faso Burundi CAADP Cameroon capacity building cashew cassava cattle Central African Republic cereals certification CGIAR Chad China CIMMYT climate change cocoa coffee COMESA commercial farming Congo Republic conservation agriculture cotton cow pea dairy desertification development disease diversification DRCongo drought ECOWAS Egypt Equatorial Guinea Ethiopia EU EUREPGAP events/meetings exports fa fair trade FAO fertilizer finance fisheries floods flowers food security fruit Gabon Gambia gender issues Ghana GM crops grain green revolution groundnuts Guinea Bissau Guinea Conakry HIV/AIDS honey hoodia horticulture hydroponics ICIPE ICRAF ICRISAT IFAD IITA imports India infrastructure innovation inputs investment irrigation Ivory Coast jatropha kenaf keny Kenya khat land deals land management land reform Lesotho Liberia Libya livestock macadamia Madagascar maiz maize Malawi Mali mango marijuana markets Mauritania Mauritius mechanization millet Morocco Mozambique mushroom Namibia NEPAD Niger Nigeria organic agriculture palm oil pastoralism pea pest control pesticides pineapple plantain policy issues potato poultry processing productivity Project pyrethrum rai rain reforestation research rice rivers rubber Rwanda SADC Sao Tome and Principe seed seeds Senegal sesame Seychelles shea butter Sierra Leone sisal soil erosion soil fertility Somalia sorghum South Africa South Sudan Southern Africa spices standards subsidies Sudan sugar sugar cane sustainable farming Swaziland sweet potato Tanzania tariffs tea tef tobacco Togo tomato trade training Tunisia Uganda UNCTAD urban farming value addition value-addition vanilla vegetables water management weeds West Africa wheat World Bank WTO yam Zambia Zanzibar zero tillage Zimbabwe

  © 2007 Africa News Network design by Ourblogtemplates.com

Back to TOP