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Monday, December 01, 2008

 

UN: World deal with threats as one

 
DOHA: Stressing the need of a truly global stimulus plan that meets the needs of emerging economies and developing countries, United Nations Secretary-General Ban Ki Moon on Saturday said that the international community must deal with threats and challenges the world is facing “as one.”

Ban opened a four-day international conference on financing for development in the Qatari capital Doha on Saturday, highlighting the importance to confront development emergency.

In his keynote address at the plenary session of the UN-sponsored Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus, Ban urged the international community to “confront a development emergency and accelerating climate change” because financial crisis is not the only crisis.

Ban’s call came as Western leaders as well as the heads of the IMF and World Bank stayed away from the Doha meeting.

Under the scheme of “Addressing Common Concerns Through Renewed Cooperation,” the meeting was attended by world leaders and delegates of some 145 UN members. But only some 10 national leaders in addition to some 35 high-level delegates of UN members were among the participants.

Earlier on Friday, Ban hosted a “retreat” meeting for world leaders with the aim of converting intentions expressed at a Group of 20 (G20) summit in Washington this month into “concrete recommendations” ahead of the next G20 meeting in London in April.

But no conclusions were announced, as he was dissatisfied with the low turnout of the world leaders, especially those from the Western developed world.

On November 15, world leaders at the Washington G20 summit agreed to an action plan of immediate and medium-term measures to cope with the global financial crisis.

Ban on Saturday urged that the participants of the official Doha development conference could discuss in depth with concrete plans to update a 2002 Monterrey Consensus on aid to developing countries.

The Monterrey Consensus, adopted by UN members at the International Conference on Financing for Development in 2002, addresses development financing issues including domestic resource mobilization, mobilization of foreign resources, international trade, development assistance, external debt and systemic issues of global governance.

It was aimed at achieving the internationally agreed development goals adopted during the previous decade, including the Millennium Development Goals.
-- Xinhua

   

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