Tanzania stands a better chance of
securing a unique share in participating competitively in global trade
provided the right development course of action is set-forth.
“Most developing countries including
Tanzania possess unique and necessary resources which can be transformed
into goods and services having competitive nature in the world
markets,” he said in an exclusive interview with the ‘Daily News.’
He
said trade is an integral and indispensible element for growth and
development of any economy, thus the ability to compete in global
markets is a reliable indicator of sustainability of such economic
models.
For example, Tanzania has extensive
opportunities of developing the tourism, agriculture and mining sectors
which could place the country in a distinctive position of participating
competitively in the global trade.
In the annual World Economic Forum
competitiveness study for travel and tourism (2011) Tanzania scores a
very high second position, after Brazil, in the field of natural
resources, but out of 139 countries studied, Tanzania’s overall
position, however, dropped 12 places from 98 to 110.
Mr Azevedo said lacking right course of
action which could put clear direction of the development agenda is
among the factors haunting small economies apart from possessing
abundant resources.
“It is high time developing nations increased
investments in technical expertise and infrastructures which are
necessary tools for setting development motion to be reflected into
stable economic growth and improved living standards,” he added.
The WTO DG candidate expressed gratitude
for the positive responses and supports for his move to vie for the
world trade organisations post which he received from Foreign Affairs
Ministry on behalf of the government.
The selection process will
conclude with a decision by the General Council no later than May 31st
this year where nine candidates will contest for the WTO post.
Apart from Mr Azevedo from Brazil,
others are Mr Alan John Kwadwo Kyerematen-Ghana, Ms Anabel
González-Costa Rica.
Other candidates on the list include Ms Mari Elka
Pangestu-Indonesia, Mr Tim Groser-New Zealand, Ms Amina Mohamed-Kenya,
Mr Ahmad Thougan Hindawi-Jordan, Mr Herminio Blanco-Mexico and Mr Taeho
Bark from the Republic of Korea.
If elected to the DG post, Mr Azevedo
said he will ensure that the Doha negotiations are implemented to make
WTO systems more responsible for developing countries.
Source: The Daily News,www.dailynews.co.tz, reported from Dar es Salaam
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