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For preferential rules of origin, this objective might be pursued through the development of a set of multilaterally applicable criteria and principles.
Affirming that a set of multilaterally agreed equitable principles and rules for the control of restrictive business practices can contribute to attaining the objective in the establishment of a new international economic order to eliminate business practices adversely affecting international trade and thereby contribute to development and improvement of international economic relations on a just and equitable basis,
Convinced further that the adoption of such a set of multilaterally agreed equitable principles and rules for the control of restrictive business practices will thereby facilitate the adoption and strengthening of laws and policies in the area of restrictive business practices at the national and regional levels and thus lead to improved conditions and attain greater efficiency and participation in international trade and development, particularly that of developing countries, and to protect and promote social welfare in general, and in particular the interests of consumers in both developed and developing countries,
The deliberations on competition law and policy during the annual session of the Intergovernmental Group of Experts and the five-yearly United Nations conferences to review all aspects of the set of multilaterally agreed equitable principles and rules for the control of restrictive business practices seek to build consensus on effective development policies and to identify best and relevant practices for the formulation and application of competition and consumer policies.
Underlines the importance of establishing appropriate foundations for an effective competition agency as a necessary condition for the effective implementation of competition law and ensuring efficient use of resources, promoting growth and economic development; and calls upon UNCTAD to promote and support young competition agencies to put in place appropriate competition agencies suitable to their circumstances as directed by the United Nations Conference to Review All Aspects of the Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices
The Third United Nations Conference to Review All Aspects of the Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices requested the UNCTAD secretariat to prepare "a draft outline of a possible study on empirical evidence of the benefits (including benefits for consumers) to be gained by developing and least developed countries and countries in transition from applying competition law and policy principles to economic development in order to attain greater efficiency in international trade and development".
With respect to elements of the work programme and the timeframe needed for their consideration, they are to be proposed by expert members of the respective groups and submitted to the Commission concerned for its final decision, without prejudice to the General Assembly resolutions relating to the Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices.
With its long-standing experience in the area of competition law and policy and its mandate in this area arising from the United Nations Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices and strengthened by the Accra Consensus, UNCTAD would be uniquely placed to promote action in dealing with anti-competitive practises in the agro-food sector.
African countries were engaged in deep reforms in this field and had been very interested in the intergovernmental consultations held during the Expert Group created within the framework of the Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices.
No regional trade agreement (RTA) with only developing-country members is reviewed here, nor is any general review undertaken of the provisions of the Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices.
The United Nations Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices (United Nations Set) aims to "ensure that restrictive business practices do not impede or negate the realization of benefits that should arise from the liberalization of tariff and non-tariff barriers affecting international trade".
It thus complemented and reinforced activities such as the Investment Policy Reviews, the World Investment Report, the work programme on international investment agreements, the enterprise development and business linkages programmes, and UNCTAD's work in relation to competition policy and the implementation of the UN Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices.
It also oversaw the adoption of the Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices, which provides the basis for today's work on competition law and policies.
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