There are two key organizations involved with the 'partnership' for development.
World Trade Organization (WTO)
"The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart art the WTO agreements negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business."
Coherence Partners
United States and the WTO Regional Trade Agreements
TREASON BY TRADE
United Nations Conference on Trade and Development (UNCTAD)
"The United Nations Conference on Trade and Development (UNCTAD) celebrates its fortieth anniversary this year. During the four decades, the organization has been the focal point within the United Nations for the integrated treatment of the trade and development and related issues in the area of investment, finance, technology, enterprise development and sustainable development.
Established in 1964, UNCTAD promotes the development-friendly integration of developing countries into the world economy. UNCTAD has progressively evolved into an authoritative knowledge-based institution whose work aims to help shape current policy debates and thinking on development, with a particular focus on ensuring that domestic policies and international action are mutually supportive in bringing about sustainable development."
The WTO and the UNCTAD work hand in hand for primarily for the benefit of the multinational corporations. The WTO trading rules are written to give preferences to third world countries because it is profitable for the multinational corporations to produce in the third world and then to import into the developed world. The UNCTAD provides the propaganda and 'humanitarian' cover of 'helping the poor nations to develop'.
The warm and fuzzy -----> Reducing world poverty
The truth --------------------> Cheapest, most easily exploitable labor, domination of world economy by multinational corporations and global labor arbitrage to reduce working people in the world to virtual slaves.
This international trading scheme is progressive. Each round of trade talks incrementally opens up the economies of the developed countries to be drained and exploited by the third world countries - for the profit of the multinationals. Laws within the member countries are then changed to 'harmonize' with the trading rules established by the trade talks. This scheme defeats the democratic processes of representative government and changes it to a fascist-communist partnership for central economic planning.
The concept is deceptively sold as 'Free Trade' when in reality it is centrally planned trade It is causing global redistribution of income from workers in the developed world to workers in the third world with the multinational corporations and their wealthy shareholders pocketing the difference. Succinctly stated, 'free trade' takes from those who have little to give to those who have nothing... and the wealthy laugh all the way to the bank.
This statement by Carly Fiorina says it all:
"There is no job that is America's God-given right anymore. We have to compete for jobs." Carly Fiorina, CEO of Hewlett-Packard.
What she is saying is that if Americans want jobs, they will have to accept the same pay as the Chinese for a manufacturing job and the same pay as an Indian for a professional job. (Note: this is why our public schools are being 'redesigned' to be vocational schools for the most part, those are the jobs that can't be exported.)
Trade and Development Committee
The WTO Committee on Trade and Development has a wide-ranging mandate. Among the broad areas of topics it has tackled as priorities are: how provisions favouring developing countries are being implemented, guidelines for technical cooperation, increased participation of developing countries in the trading system, and the position of least-developed countries.
Member-countries also have to inform the WTO about special programmes involving trade concessions for products from developing countries, and about regional arrangements among developing countries. The Trade and Development Committee handles notifications of:
Generalized System of Preferences programmes (in which developed countries lower their trade barriers preferentially for products from developing countries)
Subcommittee on Least-Developed Countries
The Subcommittee on Least-Developed Countries reports to the Trade and Development Committee, but it is an important body in its own right. Its work focuses on two related issues: