‘Promises on economic liberalisation not kept’
:Gulf Times/ Tuesday, 14 June, 2005,
Staff Reporter
The developed world hasn’t kept up its promises on economic
liberalisation although the South has fulfilled all its commitments,
Qatar’s First Deputy Prime Minister and Foreign Minister charged
yesterday.
Addressing the opening session of the ministerial meeting of the
Group of 77 and China at Doha Sheraton, HE Sheikh Hamad bin Jassim
bin Jabor al-Thani said the developing world had already taken steps
to liberalise their economies. “We have incorporated the social
commitments into our national development strategy and adapted the
management of our economy to the commitments we have taken.”
But, “our partners” hadn’t reciprocated, considering the “intensive
discussions which took place in New York in the framework of
preparations for the review of the implementation of the Millennium
Declaration”.
The objective of the Doha Summit, which begins tomorrow, is directly
related to ensuring prosperity and quality of life to the peoples of
the South. Without development, it would be impossible to meet the
expectations of our peoples.
“We are confronted with three types of concerns dealing respectively
with the current status of international economic co-operation, our
contribution to such co-operation as regards the countries of the
South, and in particular the place of the South in the world today.”
HE Sheikh Hamad bin Jabor noted that “globalisation is skewed in
favour of the developed countries and the content of
development-related negotiations in WTO is not clearly defined.”
The foreign debt remains a heavy burden for many low-income or
medium-income countries, and despite the series of initiatives, no
solution to the problem had yet been found. Only a few developed
countries have fulfilled the commitment they took several years ago
to devote 0.7% of their GDP to official aid to development.
Besides, the participation of developing countries in the
decision-making process at international level is still pending. As
a result, the influence of these countries on decisions regarding
financial, monetary and commercial policies is all but significant.
“Worse, we are now witnessing attempts aimed at limiting the role of
the UN regarding major economic issues, despite genuine achievements
made by this organisation over the last decade.
The minister called for all-out efforts to reach an agreement on an
effective agenda for development during the UN General Assembly
summit to be organised next September.
Developing countries are not in need of any further commitment. They
are expecting an effective implementation of previous promises. “We
are in need of a clearly defined schedule for the implementation of
these commitments as well as of mechanisms likely to help us make
sure that the commitments taken by our development partners have
been translated into facts.”
HE the First Deputy Prime Minister also insisted that “we should
also make sure that the interests of developing countries are fully
taken into consideration in international and multilateral economic
regulations.”
Rational economic management also meant that there should be a
reform of institutions to ensure a more democratic, more equitable
and more representative decision-making process which are likely to
meet the needs of all peoples.
Co-operation between the North and the South is a main component of
international economic relations. South-South co-operation
reinforces multilateralism, he added.
While calling for a full implementation of the provisions of the
decisions of the first summit in Havana and the Marrakech meeting on
South-South co-operation, the minister referred to the new
orientations proposed for the Doha summit.
They include strengthening trade among countries of the South and
developing markets in the South region; and incorporating
South-South co-operation in the national development strategies of
developing countries. They also aim at co-operation in human
resources and technologies and co-operation between the private
sectors of the South.
“All these proposals and others which we should translate into
facts, have been incorporated into the Plan of Action to be adopted
this week in Doha”, HE Sheikh Hamad bin Jabor al-Thani said.
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