Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.

We need new partnerships in fighting terrorism and building peace.

The developing countries must be able to take a more active part in trade negotiations, through technical assistance and support from the developed countries.

Developed countries and advanced developing countries must open their markets for products from the developing world, and support in developing their export and import capacity.

One of the gaps in our international development efforts is the provision of global public goods - that is, goods or conditions we need that no individual or country can secure on their own, such as halting global warming, financial stability and peace and security.

The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development.

In a case like Iraq the UN has again shown what important role it plays as the guarantor for protecting international peace and stability in the global political structure.