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LESS DEVELOPED COUNTRIES NEED HELP TO PREPARE FOR FREE TRADE, SAYS OAS DEVELOPMENT AGENCY DIRECTOR

  April 19, 2002

The countries of the Americas must undertake a major technical assistance program in the hemisphere to ensure that all countries can compete in an era of globalization, Ronald Scheman, the Director General of the Inter-American Agency for Cooperation and Development (IACD), said today.

The Free Trade Area of the Americas is linking some of the world’s most developed economies with many of the least developed economies, Scheman noted. "The daunting challenge of free trade must be met with a full commitment if it is to succeed. This means a major effort at building capacity and infrastructure so that all participating countries can compete on a level playing field," Scheman told an international civil society meeting in Madrid, Spain.

Scheman said Europe had set an example for providing technical assistance and aid to its less developed countries in preparation for the European Common Market and eventual Union.

"We in the Americas have yet to address this issue with the same degree of foresight and wisdom that was done in Europe. We must, if the free trade proposals of our nations are to succeed," he added.

The meeting on "Organized Civil Society," sponsored by the Spanish Economic and Social Council and the European Union, brought together representatives from Latin America, the Caribbean and Europe. Scheman noted that the institutionalization of the dialogue among the diverse members of civil society and government is "a major contribution to the transparency of the debate and assures that everyone has a chance to have their views heard, not only those who take to the streets."

Reference: IACD041902