Prospects for trade promotion in semi-processed products between Africa and other developing countries

Abstract

The concept of South-South co-operation in general and trade in particular, was given greater emphasis by the Group of 77 in February 1979 during their Fourth Ministerial Meeting in Arusha, Republic of Tanzania. Also the adoption by the United Nations of resolution 127 (v) acknowledged the indispensability of expanding and reinforcing existing trade links among developing countries, the need to create new links where none existed. In broader prospective, South-South Co-operation and trade were reiterated in the 1976 Mexico City Programme of Action and Economic Co-operation among Developing Countries, the 1979 h h a Programme for Collective Self-Reliance and the 1981 Caracas Programme of Action. These historic documents placed great stress on trade expansion among developing countries as an essential element to self-reliant economic-development of Third World countries. In point of fact it can be reiterated that the Caracas Programme of Action in 1981 was the climax of the awareness of mutual benefits of South-South trade.