strategies for commodity companies 15

Recycling commodity revenue and managing macro level commodity related risks

Improving resource management at the corporate level corporate social responsibility strategies for commodity companies

For many commodity dependent developing countries, the negative impact of commodity finance related market entry barriers needed to be addressed.

A. Operations of the Fund related to commodity diversification through the Second Account resources

With the 5150, IBM moved into mass production of a standardized commodity using components produced by other companies.

As a catalyst and active participant in promoting commodity diversification, the Fund will continue to promote, in concert with other international and regional financial institutions, commodity development, including commodity related diversification activities in Africa.

The Conference will also deal with issues related to commodity prices and global trade negotiations.

During the period under review, UNCTAD held a number of commodity related meetings under its auspices.

(e) The positive consideration of trade related issues pertaining to the commodity sector in the multilateral trading system

One suggestion was to include commodity finance within corporate social responsibility programmes of multinational companies and to take account of commodity issues during the Fifth UN Conference to Review the Set of Principles and Rules on RBPs.

II. ISSUES RELATED TO THE DIVERSIFICATION OF AFRICAN ECONOMIES, WITH PARTICULAR REFERENCE TO THE DIVERSIFICATION OF THE COMMODITY SECTOR

Possibly, a simple council created in the relevant ministry and with membership from related ministries and parastatals and focusing on policy issues related to commodity diversification may be considered.

The group PR department and related companies are trying their best to extinguish the public opinion.

(e) Guidelines for dealing with group companies in different jurisdictions, (by possibly adjusting, for example, the concept of centre of main interests for subsidiary or related companies)

(b) The treatment of intra group debts (claims against the debtor company by related group companies) and

Borrowing costs are rising for highly indebted sovereigns, credit rationing is undermining small and medium size companies, and falling commodity prices are reducing exporting countries income.

Other commodity related meetings held under UNCTAD auspices at Geneva from March to May 1994 dealt with iron ore, tungsten and bauxite.

Many traditional reservoirs of information have disappeared, and the remaining commodity related sources of information are quite dispersed and not always well structured.

Big companies. Big companies.

Commodity prices fell, too.

Latin America s Commodity Windfall

Commodity information reducing asymmetries

Commodity prices d (percentage)

UNCTAD Commodity Yearbook 1993

All companies die, all companies.

Many commodity dependent economies were caught in a vicious circle whereby investments in commodity production did not generate adequate returns because of falling commodity prices.

Some commodity related diversification activities in Africa have benefited from bilateral programmes of the Lomé Conventions (e.g. the system of stabilization of export earnings (STABEX)).

5. The issues related to the diversification of African economies are considered in section II, with particular reference to the diversification of the commodity sector.

In the Charter of Economic Rights and Duties of States the importance of adequate and stable commodity related export earnings for developing countries was stressed.

212. UNCTAD other commodity conferences and commodity meetings Trade and Development Board decision 7 (I)

278. UNCTAD other commodity conferences and commodity meetings Trade and Development Board decision 7 (I)

196. UNCTAD other commodity conferences and commodity meetings Trade and Development Board decision 7 (I)

UNCTAD has a long history of cooperating with a broad range of stakeholders, including private companies, to promote diversification and local economic development in areas that depend on commodity production.

Again, a commodity for consumption.

Commodity information reducing asymmetries 9

International commodity agreements or arrangements

Commodity (litres) 1,000 litres Total

Primary commodity prices weakened considerably.

Commodity prices are like this.

(k) Held an interlocking directorship over the past three years between the companies related to the candidate and the United Nations

Other specific technical cooperation activities deserving special mention related to trade and the environment, trade and competition, commodity issues, WTO accession, ACP EU negotiations, and GSTP.

The Fund is an intergovernmental financial institution exclusively concerned with commodity development issues and commodity development projects.

The latter group includes extractive and construction related companies operating in partnership with the government of the Tibet Autonomous Region (TAR) itself.

Pharmaceutical companies would not be able to prevent pharmacogenomic testing related to their products and research on gene therapies would be stimulated.