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sustainable development 20 years on from the ... - José Eli da Veiga

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211<br />

Map V.1<br />

LATIN AMERICA AND THE CARIBBEAN: REMITTANCES RECEIVED, <str<strong>on</strong>g>20</str<strong>on</strong>g>10<br />

(Milli<strong>on</strong>s of dollars)<br />

Source: R. Mald<strong>on</strong>ado, N. Bajuk and M. Hayem, Las remesas en América Latina y el Caribe durante el <str<strong>on</strong>g>20</str<strong>on</strong>g>10: estabilización<br />

después de la crisis, Washingt<strong>on</strong>, D.C., Multilateral Investment Fund/Inter-American Development Bank, <str<strong>on</strong>g>20</str<strong>on</strong>g>11.<br />

Note: The boun<strong>da</strong>ries and names shown <strong>on</strong> this map do not imply official endorsement or acceptance by <strong>the</strong> United Nati<strong>on</strong>s.<br />

B. TRADE<br />

Principle 12 of <strong>the</strong> Rio Declarati<strong>on</strong> says that States should cooperate to promote a supportive and open<br />

internati<strong>on</strong>al ec<strong>on</strong>omic system that would lead to ec<strong>on</strong>omic growth and <str<strong>on</strong>g>sustainable</str<strong>on</strong>g> <str<strong>on</strong>g>development</str<strong>on</strong>g> in all<br />

countries. The premise <strong>on</strong> which this statement is based, as proposed both in Agen<strong>da</strong> 21 and in <strong>the</strong><br />

Johannesburg Plan of Implementati<strong>on</strong>, is that trade could play an important role in achieving <str<strong>on</strong>g>development</str<strong>on</strong>g><br />

and eradicating poverty. This is also reflected in <strong>the</strong> Millennium Development Goals, in which target 8-A<br />

is to “Develop fur<strong>the</strong>r an open, rule-based, predictable, n<strong>on</strong>-discriminatory trading and financial system<br />

(...)”. In this c<strong>on</strong>text, <strong>the</strong> following indicators linked to market access were defined:<br />

8.6 Proporti<strong>on</strong> of total developed country imports (by value and excluding arms) <strong>from</strong><br />

developing countries and least developed countries, admitted free of duty<br />

8.7 Average tariffs imposed by developed countries <strong>on</strong> agricultural products and textiles and<br />

clothing <strong>from</strong> developing countries

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