Resolution on Cooperation on Empowering Economy of Developing and Least Developed Countries

APPF14 RES 08

14th Annual Meeting of the Asia Pacific Parliamentary Forum
15-20 January 2006

Resolution on Cooperation on Empowering Economy of Developing and Least Developed Countries

APPF14/RES/08

(Sponsored by Indonesia)

The 14th Annual meeting of the Asia-Pacific Parliamentary Forum (APPF):

Recognizing the importance of Asia-Pacific countries’ contribution in supporting global economic stability and prosperity, while at the same time realizing that 700 million people of the Asia-Pacific region continue to live in poverty yet the region receives less than half of the world’s development assistance fro developing and least developed countries;

Underlining that economic empowerment, capacity building and financing for development of developing and least developed countries in the Asia-Pacific region are crucial components for achieving internationally agreed development goals including the Millennium Development Goals (MDGs) in the region, and hence emphasizing the need for continued, coordinated and effective international support for development efforts of developing and least developed countries;

Reiterating the need to facilitate full participation of developing and least developed countries in a fair global and regional economic cooperation as well as to accord special and differential treatments for developing and least developed countries and to provide enhanced and predictable market access for their products;

RESOLVES TO:

Encourage Parliaments within the Asia-Pacific region to work with their Governments in strengthening regional economic cooperation and mutually beneficial partnership within the region as well as with other donor countries and international organizations aimed at economic empowerment, capacity building, and financing for development of developing and least developed countries in Asia-Pacific;

Urge international organizations and donor countries, particularly developed countries in the Asia-Pacific region, to enhance their role in supporting development efforts of developing and least developed countries in the region through, among others, increasing development assistance in a timely manner, promoting international trade as engine for development, facilitating mutually beneficial transfer of technology, enhancing investment flows, providing wider and deeper debt relief, and enhanced and predictable market access for the products of developing and least developed countries in the region;

Enhance efforts to raise awareness concerning the importance of empowering the economy of the developing and least developed countries as a driving force in sustaining the economic growth of all Asia-Pacific countries.



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Resolution on Cooperation on Empowering Economy of Developing and Least Developed Countries

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