Commodity-Producing Countries Need to Benefit From Value-Added Exports, Says UN
January 23, 2012, GENEVA, Switzerland – "Low-income countries need help to enable them to benefit from the added value derived from the agricultural produce and natural resources that are the mainstays of many of their economies, experts attending a United Nations-backed forum said today.
Speakers at the third Global Commodities Forum, hosted by the UN Conference on Trade and Development (UNCTAD), said that despite a decade’s worth of rising commodity prices, the so-called commodity dependent developing countries (CDDCs) have been unable to benefit from the higher prices, diversify their economies and raise living standards..."
Read the full article from the UN News Centre.