WTO and UNCTAD to join efforts in poverty alleviation

Reducing poverty is a means to solve a wide variety of other problems - including health, social equality, even terrorism, both leaders agreed. "Alleviating poverty has become one of the most important challenges of the 21st century," Mr Frangialli said. "Words are note enough, we must take concrete steps." WTO, responsible for tourism development and UNCTAD, concerned with advancing the development of the world's poorest countries, committed themselves to collaborate in implementing a new framework to assist developing and least developed states in order to enhance their social development, participation in international trade in services and poverty alleviation through sustainable tourism. With this they will pursue WTO's Global Code of Ethics and various UNCTAD mandates.