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Annan, Blair and EU chief to attend South summit---Meeting of the Committee of Secretariat---Qatar all set to host G77 summit-------

 

FM to West: Honour aid pledges

6/14/2005 ,, Source ::: The Peninsula

Doha: First Deputy Premier and Foreign Minister H E Sheikh Hamad bin Jassem bin Jabor Al Thani yesterday called for stepped-up efforts to reach agreement on an effective agenda for development of the South during summit meetings sponsored by the UN.

Addresssing a meeting of foreign ministers of G-77 and China at Sheraton Doha Hotel yesterday, Sheikh Hamad bin Jassem called on industrialised countries to honour their promises to help developing nations. "Developing countries do not need new pledges. They await the effective implementation of previous pledges," he said.

The Foreign Minister noted that there was a need to ensure that the globalisation process comply with human values, justice and equity and promote prosperity for all peoples. “We should make sure that the interests of developing countries are fully taken into consideration in international and multilateral economic regulations. Rational economic management implies a reform of institutions to ensure a more democratic, more equitable and more representative decision-making process likely to meet the needs of all peoples. We should also continue our efforts towards strengthening multilateralism in international relations”.

The First Deputy Premier also spoke of the concerns facing developing countries, like the current status of international economic cooperation, its contribution to such cooperation as regards the countries of the South and in particular the place of the South in the world today.

He said that globalisation is generally skewed in favour of the developed countries and that the effective integration of economies of developing countries in international trade and economic exchange is still anticipated and that the content of development related negotiations in WTO is not clearly defined.

Referring to partnership for development, Sheikh Hamad noted that the foreign debt remains a heavy burden for many low-income or medium income countries, and despite a series of initiatives, no solution to the problem has yet been found. Only a few developed countries have fulfilled the commitment they took several years ago to devote 0.7 per cent of their GDP to official aid to development. On the other hand, the implementation of programmes in favour of countries living in special situations including African countries and the least developed countries states is desperately slow, he said. He added that the participation of developing countries in the decision-making process at international level is still pending. As a result, he said, 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 United Nations organisation major economic issues, despite genuine achievements made by this organisation over the last decade”, the Foreign Minister said.

On South-South cooperation, Sheikh Hamad bin Jassem stressed that cooperation between the North and the South is one of the main components of international economic relations and that “knowing that South-South cooperation is also one of these components, we should endeavour to take advantage of the opportunities which it offers. Far from being a substitute, such cooperation actually reinforces multilateralism.

“Our economies are complementary and play a significant role in international trade, investment opportunities also exist among the countries of the south and are likely to strengthen our solidarity”, he said. He also called for speeding up the implementation of earlier provisions for South-South cooperation as well as of the new proposals that emerged from the Havana Summit and the preparatory process of New York.

He said new orientations have been proposed aiming at strengthening trade among the countries of the South and developing markets in the South region, incorporating South-South cooperation in the national development strategies of developing countries.

These proposals also include strengthening regional and sub-regional cooperation with a view to developing production capacities and investments among the countries of the South, promoting cooperating in human resources and technologies, extending partnership among the countries of the South with the incorporation of other operators, including from the private sector, establishing follow-up mechanisms to ensure an effective implementation of decisions and mobilising international assistance to South-South cooperation, including with major multilateral institutions like the United Nations conference on trade and development and the united nations development program and regional commissions.

“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”, Sheikh Hamad bin Jassem added.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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