  {"id":278773,"date":"2024-06-21T11:28:58","date_gmt":"2024-06-21T15:28:58","guid":{"rendered":"https:\/\/www.un.org\/pga\/78\/?page_id=278773"},"modified":"2024-06-21T11:30:47","modified_gmt":"2024-06-21T15:30:47","slug":"informal-interactive-dialogue-on-commodity-markets","status":"publish","type":"page","link":"https:\/\/www.un.org\/pga\/78\/informal-interactive-dialogue-on-commodity-markets\/","title":{"rendered":"Informal interactive dialogue on commodity markets"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;https:\/\/www.un.org\/pga\/wp-content\/uploads\/sites\/108\/2024\/06\/topic_commodities.jpg&#8221; title_text=&#8221;topic_commodities&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#E09900&#8243; max_height=&#8221;1000px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Photo Credit: UNCTAD<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In line with General Assembly resolution\u00a0<a href=\"https:\/\/unctad.org\/system\/files\/official-document\/a_res_78_138_en.pdf\"><strong>78\/138<\/strong><\/a>, the President of the General Assembly for its seventy-eighth session will convene a one-day informal interactive dialogue &#8220;to review world commodity trends and prospects and possible strategies for economic and export diversification, as well as value addition for sustainable development, particularly in commodity-dependent developing countries, with the aim of sharing experiences and lessons learned.&#8221;<\/p>\n<h4><strong>Objective<\/strong><\/h4>\n<p>The event will discuss the persistence of commodity dependence, examine the emerging concept of a modern-day commodity dependence trap that hinders diversification in developing countries, and discuss possible pathways for countries to diversify into higher value-added activities and implement a sustainable structural transformation. The event will spotlight the critical role of economic diversification for developing countries to move out of commodity dependence and accelerate their progress towards sustainable development.<\/p>\n<p>The event also marks 60 years of discussion on the relationship between commodities trade and development in the context of UNCTAD.<\/p>\n<p><a href=\"https:\/\/webtv.un.org\/en\/asset\/k1d\/k1dvlw98oc\">Webcast Link<\/a>.<\/p>\n<h4><strong>Format<\/strong><\/h4>\n<p>The event will consist of an opening segment, two interactive panels, and a closing segment. In addition to Member States and Observers of the General Assembly, the meeting will be open to the Âé¶¹APP system and relevant stakeholders.<\/p>\n<p>The following are the two interactive panels:<\/p>\n<p><strong>Interactive Panel 1: Is there a modern-day commodity dependence trap?<\/strong><\/p>\n<p>This panel will examine the persistence of a state of commodity dependence in developing countries and explore the following guiding questions:<\/p>\n<ol>\n<li>Is there a modern-day commodity dependence trap? What are its elements, characteristics, and mechanisms?<\/li>\n<li>What shape does such a trap take in today&#8217;s economic environment?\u00a0<\/li>\n<li>How can new developments, such as the increasing demand for CETM and challenges posed by climate change and extreme weather events, reshape a commodity dependence trap in the twenty-first century?<\/li>\n<li>What collective action can be taken by Member States?<\/li>\n<\/ol>\n<p><strong>Interactive Panel 2: Economic diversification to reduce dependence and increase the resilience of commodity-dependent developing countries.<\/strong><\/p>\n<p>This panel presents an opportunity for Member States to share their perspectives on ways to deliver urgent economic diversification of commodity-dependent developing countries to reduce their dependence and increase resilience. Some guiding questions for discussion include:<\/p>\n<ol>\n<li>What are the emerging challenges and prospects for commodity-dependent developing countries to implement a successful diversification strategy?<\/li>\n<li>What specific strategies can these countries adopt to enhance their technological capacity and innovation ecosystems for diversification?<\/li>\n<li>What are the key sectors or industries that offer the greatest potential for driving structural transformation and resilience in commodity-dependent developing countries?<\/li>\n<li>What innovative financing mechanisms can support the diversification efforts of commodity-dependent developing countries?<\/li>\n<li>How can international financial institutions and development banks play a role in providing the necessary capital for diversification projects?<\/li>\n<li>How can Member States and stakeholders support sustainable and inclusive diversification of these countries?<\/li>\n<\/ol>\n<h4><strong>Outcome<\/strong><\/h4>\n<p>The outcome of the interactive dialogue will be a President&#8217;s summary to be circulated to all Member States and Observers, the Âé¶¹APP System, and other stakeholders.<\/p>\n<p>[\/et_pb_text][et_pb_heading title=&#8221;PROGRAM &#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_heading][et_pb_text _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<a href=\"https:\/\/www.un.org\/pga\/wp-content\/uploads\/sites\/108\/2024\/06\/Commodities-_PROVISIONAL-PROGRAMME-1.pdf\" class=\"pdfemb-viewer\" style=\"\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"off\">Commodities-_PROVISIONAL-PROGRAMME-1<\/a>\n<p><a href=\"https:\/\/www.un.org\/pga\/wp-content\/uploads\/sites\/108\/2024\/06\/Commodities-_PROVISIONAL-PROGRAMME-1.pdf\">Download Here<\/a><\/p>\n<p>[\/et_pb_text][et_pb_heading title=&#8221;Key documents&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_heading][et_pb_text _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"https:\/\/www.un.org\/pga\/wp-content\/uploads\/sites\/108\/2024\/06\/PGA-letter_Informal-Interactive-Dialogue_Commodities.pdf\" rel=\"attachment wp-att-278782\">PGA letter_Informal Interactive Dialogue_Commodities<\/a><\/p>\n<p><a href=\"https:\/\/www.un.org\/pga\/wp-content\/uploads\/sites\/108\/2024\/06\/PGA-letter_Commodities.pdf\" rel=\"attachment wp-att-278781\">PGA letter_Commodities<\/a><\/p>\n<p><a href=\"https:\/\/www.un.org\/pga\/wp-content\/uploads\/sites\/108\/2024\/06\/Commodities-_PROVISIONAL-PROGRAMME-1.pdf\" rel=\"attachment wp-att-278780\">Commodities-_PROVISIONAL-PROGRAMME<\/a><\/p>\n<p><a href=\"https:\/\/www.un.org\/pga\/wp-content\/uploads\/sites\/108\/2024\/06\/Concept-Note-_-Informal-Dialogue_Commodities-.pdf\" rel=\"attachment wp-att-278779\">Concept Note _ Informal Dialogue_Commodities<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h1 class=\"entry-title\"><a href=\"https:\/\/www.un.org\/pga\/78\/2024\/04\/26\/pga-remarks-at-the-informal-interactive-dialogue-of-the-general-assembly-on-commodity-markets\/\">PGA Remarks at the Informal Interactive Dialogue of the General Assembly on Commodity Markets<\/a><\/h1>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][et_pb_testimonial author=&#8221;H.E Dennis Francis President General Assembly&#8221; url=&#8221;https:\/\/x.com\/UN_PGA\/status\/1783979419838693536&#8243; portrait_url=&#8221;https:\/\/www.un.org\/pga\/wp-content\/uploads\/sites\/108\/2024\/06\/commodity1.jpg&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Economic diversification is key. Addressing commodity dependence challenges requires action now.<\/p>\n<p>Let&#8217;s implement strategies identified today for sustainable development.<\/p>\n<p>Let&#8217;s forge a future of growth and sustainability.<\/p>\n<p>[\/et_pb_testimonial][et_pb_image src=&#8221;https:\/\/www.un.org\/pga\/wp-content\/uploads\/sites\/108\/2024\/06\/commodity.jpg&#8221; title_text=&#8221;commodity&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Photo Credit: UNCTADIn line with General Assembly resolution\u00a078\/138, the President of the General Assembly for its seventy-eighth session will convene a one-day informal interactive dialogue &#8220;to review world commodity trends [&hellip;]<\/p>\n","protected":false},"author":373,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-278773","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Informal interactive dialogue on commodity markets | General Assembly of the Âé¶¹APP<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Informal interactive dialogue on commodity markets | General Assembly of the Âé¶¹APP\" \/>\n<meta property=\"og:description\" content=\"Photo Credit: UNCTADIn line with 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