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Fidel Castro sent a message to 11th UNCTAD
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In addition, the rich countries spend every year 300 billion USD on subsidies that prevent the poor countries’ access to their markets.

On the other hand, it is practically impossible to measure the damage brought upon those countries by the kind of trade relations that, through the sinuous roads of the WTO and the Free Trade Agreements, are imposed on the poor countries, which are unable to compete with the sophisticated technology, the almost absolute monopoly over intellectual property and the immense financial resources of the rich countries.

Other forms of plundering that add to this are the gross exploitation of the cheap labor force in assembly plants that come and go at light speed; the currency speculation in the range of trillion dollars every day; arms trade; the seizure of goods belonging to the national cultural heritage; the cultural invasion as well as other actions related to theft and pillage that it would be impossible to list here. The classic books on economics do not show the most brutal transference of financial resources from the poor to the rich countries, as it has not been studied yet, that is, the flight of capital which is a must that characterizes the prevailing world order.

Everybody’s money escapes to the United States to protect itself from the monetary instability and the speculative frenzy brought about by the same economic order. Without this gift that the rest of the world, mostly the poor, makes to the United States, it would be impossible for the present administration to withstand its enormous fiscal and trade deficits that in the year 2004 amount to no less than 1 trillion dollars.
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http://www.adelante.cu/online/day/24/6/14.Fidel.message.UNCTAD.php