[Unknown008]

In about 12 hours, I'll have to submit a merged resolution and my group didn't work as I expected. It is now difficult for us to properly do the merging now, and I would appreciate any help given. The question is:

Removing trade barriers through effective measures to promote economic cooperation and growth

We have to submit in Pre Ambulatory Clauses, followed by some Operative Clauses (I'll call as PAC and OC respectively to make it short)

The PACs we got are:

Fully alarmed that the World is actually facing the most unexpected financial crisis that has revealed to be a very disastrous calamity in most countries,

Nothing further that the adverse impact of the international trade for export-oriented and commodity-dependent developing countries, especially developing countries,

Having devoted attention to the sanctions having taken the form of import tariffs, licensing schemes or other administrative hurdles that tend to arise in the context of an unresolved trade or policy dispute,

Taking into account that the fluctuation in currencies had bad repercussions on the economy of many nations including the developing countries, in the sense that their currency value lowers while that of developed countries rises causing a loss when trading,

I don't even know if that makes sense... sigh :(

And the OC:

Suggests the setting up of a group of specialists to monitor and record the economic trends of all countries at country specific and group specific level to identify the lessons learned from the global crisis so as to be able to deal effectively with its impacts.

Requests to able countries to try increase their productivity for example through the cultivation of GMOs which have high quantitative and qualitative yields to increase their exports, thus pertaining to more profit which can be used to stabilise the country's economy.

Supports the idea that diversification of the economy will less expose the countries to global markets, hence increasing the chance that they will be able to make some exportation to a less competitive market.

Trusts the WTO to send specialists in the field of economics to train people so that they can cope more efficiently with the trade obstacles and the IMF to provide funds to support the project.

Could anyone help me correcting, suggesting more to put in my resoltion. PACs can be regarded as 'existing problems' and OC as 'solutions to problems mentioned'.

Sorry if that seemed lengthy... :o

[Unknown008]

Ok, I edited the first two PACs;

Fully alarmed that the global financial crisis is the worst ever and that being unpredictable, it can still grow worse, as stated by Keith Fitz-Gerald , an investment director “There is a growing body of data that suggests banks have recognized only a fraction of the overall potential losses – approximately $50 billion to $75 billion so far on sub-prime debt alone. And a variety of estimates suggest that total sub-prime losses may be more than $300 billion before we're through.”,

Nothing further that the adverse impact of international trade could be more significant for export-oriented and commodity-dependent developing countries, especially those that were dependent on just a few commodities, products or services and on a small number of markets, and for those with small and vulnerable domestic economies,

[Catsmine]

Another OC:

An audit and regulatory body be established, Independent of the UN, WTO, and World Bank with the sole purpose of exposing graft and corruption at ANY level of international trade, thereby increasing the trust in international bodies for the betterment of all.

[Unknown008]

Thanks Cat! :) All this is stressful... and the time is ticking slowly... about 3 hours to go.. ugh!

[Unknown008]

Ok, I've modified a PAC, and made more OCs;

Having devoted attention to the sanctions having taken the form of import tariffs, licensing schemes or other administrative hurdles that tend to arise in the context of an unresolved trade or policy dispute and provoke in trade wars,

5.Appreciates protectionism which will help in reducing the country member's market access thereby enabling them to more easily export goods and to create good relationships with other countries in the same group;

6. Further requests the establishment of a regulatory body, independent of the UN, WTO and World Bank with the sole purpose of exposing graft and corruption at any level of international trade, thereby increasing the trust in international bodies for the betterment of all;

7. Notes with satisfaction that the WTO is doing good work by keeping track of the world's trades and ruling out any illegal tariffs to limit conflicts concerning trade between two countries;

[Catsmine]

Looks good. Relax before the presentation. I've seen you on the boards. When you're fresh you're indomitable.

[Unknown008]

LOL, you make me blush... sigh, doing more research, (I had some sleep, all refreshed now;)) found by hasard that Michael Jackson died yesterday of a heart attack... found Stringer's advice and hoping for the best.