International Trade

The problems of international trade that are less directly connected with the subject of the conference actually concern other international bodies. They were mentioned, however, because rural development is influenced to quite an extent by the stability of revenues and the functioning of international trade.

The conference addressed itself to the industrial countries requesting them to meet the obligations they had already entered with a view to liberalizing trade and to removing the obstacles to the trade for products which are of particular interest to the developing countries. This also involves the extension of the general preferential system to other products and goods, the convention of international commodity agreements, and the implementation of the Common Fund.

The developing countries,in turn, should remove obstacles hindering the exportation of agricultural products and create incentives to increase production, especially in the case of small producers.This would require that even small farms can share in the benefits resulting from the changes in prices on the world market, but are protected against price fluctuations by a stabilization fund or similar measures. If at all possible, the products should be exported in a processed or finished state to increase the profits. Exportation should not endanger the domestic food supply.