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UAE voices regret at delayed development plans in third world

posted on 03/07/2005: 619 views


The United Arab Emirates has voiced regret that development plans in developing countries are being delayed due to failure of major stakeholders in UN conferences to keep their promises of help.



In a statement before the High Level Segment of the Substantive Session of the ECOSOC 2005 on Friday night, Hamad Hareb Al-Habsi Charge d'Affaires of the UAE Mission to the United Nations, said the UAE "has regretfully noticed that the implementation of development plans in most of the developing countries has been delayed." This, he added, is mainly caused by a lack of full commitment to the obligations undertaken by the principal stakeholders in UN conferences, especially those related to the financing for development, and creating enabling environment for development in the developing countries.



"Another reason is the absence of the co-ordination and integration of the requirements for the implementation of the outcomes and recommendations of these conferences, which lead to the delay in the implementation of interlinked fields of the development plans." Al Habsi underlined the need for doubling the efforts of all concerned parties in order to overcome the challenges preventing the full implementation of these recommendations, including the expedition of the implementation of the recommendations of Monterrey Consensus on the financing for development, the fulfilment of donor countries of their obligations to allocate 0.7% of their national gross income as official development assistance to developing countries, dealing with the debt problems of developing countries and allowing them fair access to the international market.



"At the same time, we urge the developing countries to adopt economic policies that encourage work and productivity, and to create an enabling environment, attractive to direct foreign investments, and supportive and stimulating to the private sector," he said. The UAE diplomat told the session that it was imperative to reach a just and comprehensive settlement for countries under foreign occupation and solve disputes through peaceful means.



He said his country was convinced that success in implementing the international development goals could only be achieved through coordinated international partnership that ensures the commitment of developed and developing countries to fulfil their obligations which they undertook in the UN conferences and summits on the issues of development.



He said, " on the international level, the UAE has demonstrated its commitment towards implementing the recommendations of the international conferences which call for an international partnership for development.



"It has entered into bilateral, trilateral and regional agreements in the economic, cultural and industrial fields. In addition to that, the UAE had extended direct development aid to many developing countries in the forms of easy loans and grants, as well as direct investments in those countries," Al Habsi noted.



The volume of UAE foreign aids, he went on to say, amounted to 3.5% of its national gross income in 2003. "This is in addition to financial and kind contributions to rebuilding countries emerging or suffering from armed conflicts." (The Emirates News Agency, WAM)

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