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Working Paper

The document addresses the negative impact of escalating trade tariffs on global economies, particularly on developing nations. It calls for multilateral dialogue, the establishment of a UN Trade Affairs and Stability Unit, and the creation of a Trade Conflict Resilience Fund to mitigate trade-related disruptions. The document emphasizes the need for structured de-escalation frameworks and early warning mechanisms to protect global development goals.

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8 views1 page

Working Paper

The document addresses the negative impact of escalating trade tariffs on global economies, particularly on developing nations. It calls for multilateral dialogue, the establishment of a UN Trade Affairs and Stability Unit, and the creation of a Trade Conflict Resilience Fund to mitigate trade-related disruptions. The document emphasizes the need for structured de-escalation frameworks and early warning mechanisms to protect global development goals.

Uploaded by

classseventapti
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Sponsors: USA, Pakistan,

Signatories:

Preambulatory Clauses

• Recalling the objectives of the United Nations Development Programme to promote


inclusive economic growth and reduce global inequalities,
• Concerned by the severe escalation in trade tariffs between major economies, with rates
reaching 145% and 125%, and their impact on third-party nations,
• Recognizing the 90-day tariff reduction agreement as a temporary de-escalation,
insufficient in resolving broader instability,
• Acknowledging that unilateral economic actions can produce disproportionate hardship
in developing countries reliant on international trade access,
• Affirming the necessity for multilateral dialogue and structural safeguards to protect
global development from the fallout of bilateral trade conflicts,

Operative Clauses

1. Condemns the imposition of excessive trade tariffs that cause systemic disruptions in
global supply chains and development-dependent imports such as food, medicine, and
technology;
2. Urges primary actors in tariff disputes to commit to structured de-escalation frameworks
that include affected third-party nations in the consultation process;
3. Supports the creation of the UN Trade Affairs and Stability Unit (TASU) under the
UNDP, tasked with assessing and reporting the developmental impact of ongoing and
potential trade conflicts;
4. Requests that this unit work in cooperation with UNCTAD and relevant regional bodies
to provide rapid-response policy guidance to countries economically vulnerable to trade
wars;
5. Calls for the development of an early warning mechanism to alert the international
community of significant trade-based risks to development goals;
6. Encourages voluntary contributions to a Trade Conflict Resilience Fund, aimed at
supporting small and developing economies experiencing severe trade shock impacts;
7. Recommends that the 90-day tariff reduction window be used to initiate inclusive,
transparent discussions on long-term global trade resilience and rules-based cooperation;

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