Addressing a recent meeting of UN Trade and Development (UNCTAD), the Permanent Observer Mission of the Holy See
to the United Nations and Other International Organizations in Geneva called for a rethinking of international trade.
After discussing international financial debt, “the concept of ‘ecological debt,’” and the digital divide, the Holy See mission stated:
In pursuit of diversified economies that contribute to integral development, my Delegation would like to emphasize the need to rethink trade.
It is necessary to adopt a development-driven approach to trade that prioritizes using trade rules and market access to build productive capacities, reduce poverty, and foster inclusive economic diversification in developing countries.