According to the OECD Secretary-General, the current international food crisis is a global challenge and agricultural commodity prices should remain high and grow more volatile in the next decade.
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Adapting to change is vital for success in the modern global economy, for individuals, companies, industries and regions. New technologies breed new industries, and freer trade leads to new markets as well as global competition. “Structural adjustment” or adaptation to structural change is necessary for economies to reap the benefits of new technologies and emerging market opportunities. But such structural change can create losers as
OECD Member Countries have agreed to adopt a set of principles and guidelines designed to ensure that loans supported by their Export Credit Agencies (ECAs) are in line with sustainable development objectives.
This Sector Understanding on Export Credits for Ships which came into force on 8 October 2007; it replaces the previous version of that Understanding, in force since 2002.
Members of the OECD Working Party on Export Credits and Credit Guarantees (ECG) recognise the importance of the World Bank and International Monetary Fund Debt Sustainability Framework for Low-Income Countries (DSF).
The OECD Secretary-General hailed the accord as a breakthrough in international trade diplomacy in a highly competitive sector. He predicted that "the agreement will focus competition for sales of civil aircraft on price and quality instead of on levels of government support”. Brazil is the first non-OECD country to join OECD countries in a trade pact relating to export credits.
O Secretário Geral da OCDE acolheu este acordo como uma etapa decisiva na diplomacia do comércio internacional num sector altamente competidor. O Secretário Geral previu que "o acordo focalizará a concorrência da venda dos aviões civis sobre o preço e a qualidade em vez dos níveis de sustentação do governo. O Brasil é o primeiro país não membro a juntar-se aos países da OCDE para um pacto de comércio sobre Créditos à Exportação.
The world’s major civil aircraft exporting countries, including OECD countries and Brazil, announced a landmark agreement limiting government support for export deals
OECD countries have agreed to a Recommendation that calls for stronger environment-related requirements for export deals to qualify for export credit backing from their governments’ Export Credit Agencies (ECAs).
A new OECD Recommendation has been adopted on 14 December 2006 by the OECD Council to deter bribery in officially supported export credits.