Site Contents
Aids
Arts & Culture
Aging
Biodiversity
Business
Climate Change
Conflict Resolution
Country Reports
Columnists
Conferences
Development
Development Banks
Diplomacy
Ecommerce
Economic Summit
Energy
Environment
Europe Dispatch
European Union
Food Security
Gender Issues
Global Trade
Globalization
Health
Human Rights
Media
Population
Profiles
Racism
Science
Sustainability
Technology
Terrorism
Tourism
United Nations
Youth
Water
Web Reviews
The Earth Times | Posted March 18, 2002




FINANCING FOR DEVELOPMENT

Fox to preside over meeting

> BY TORI KATZ
Copyright © 2002 by The Earth Times. All rights reserved


MONTERREY, Mexico -- Mexican President Vicente Fox was appointed President of the International Financing for Development Conference on Monday in Monterrey, Mexico. In addition, Jorge G. Castañeda Gutman, Minister for Foreign Affairs, Francisco Gil Diaz, Minister for Finance, and Luis Ernesto Derbez Bautista, Minister for Trade of Mexico were appointed Co-Presidents of the ministerial segment of the conference.

The five-day conference at which the European Union and the United States pledged billions in development aid, has so far issued a total of 5,000 passes which include 15 prime ministers, 120 ministers and deputy ministers and 1100 members of the media. In an atmosphere of "consensus and cooperation," UN spokeswoman Susan Markham said that 120 countries are currently represented and many of the 58 heads of state and government have already arrived.

Leading the advance teams were Poul Nielson, European Commissioner for Development and Humanitarian Aid, John Negroponte, US ambassador to the UN, and Alan P. Larson, US Under Secretary of Economic, Business and Agricultural Affairs. Negroponte briefed conference delegates Monday morning on the current position of the United States on development aid, which emphasizes private sector investment and trade over large amounts of development aid. According to UN officials, President Bush is expected to address the delegation in a high-level plenary session this Friday.

At a press conference Monday afternoon, Markham said Fox would preside over the conference and oversee its successful outcome. Markham was positive that the conference would be a success due in part to the consensus reached over the conference document one month ago at the UN.

The Monterrey consensus, the document prepared last month by the Preparatory Committee (PrepCom) for the conference was also presented Monday morning. The document underscores the UN Millennium Goals of reducing poverty by half around the world by the year 2015, and is a "realistic step towards evolving a realistic framework for development," according to Ruth Jacoby, Co-Chairperson of the PrepCom. "Recognizing that peace and development are mutually reinforcing," reads the document, "we are determined to pursue our shared vision for a better future, through our individual efforts combined with vigorous multilateral action. Upholding the Charter of the United Nations and building upon the values of the Millennium Declaration, we commit ourselves to promoting national and global economic systems based on the principles of justice, equity, democracy, participation, transparency, accountability and inclusion."

Never before has a UN conference begun with a consensus document. According to Markham, many more heads of state and government, including UN Secretary General Kofi Annan are expected in Monterrey by the end of the week.


Home | News Archives | Browse | Feedback

(c) 2004 Earthtimes.org, All Rights Reserved.

Earthtimes offers News, Environmental news, Shopping Categories, reviews on shops and more.
earth times home View News Archives Browse by Category Your Feedback is important for us to improve