As a result of unfair trade rules and falling commodity prices, Africa has suffered terms-of-trade losses and increasing marginalisation. Ten years after the Uruguay Round, the poorest continent on earth, which captures only one per cent of world trade, risks even further losses, despite promises of a ‘development round’ of trade negotiations. This would be a great injustice. There cannot and should not be any new round without an assurance of substantial gains for Africa.
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