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OAS SUPPORTS INITIATIVE FOR A HEMISPHERIC PRIVATE SECTOR NETWORK

  September 14, 2005

Assistant Secretary General Albert R. Ramdin has pledged Organization of American States (OAS) support for an Argentine private sector initiative to launch a hemispheric private sector network. “The OAS will support any such initiative that contributes to the achievement of peace, solidarity and justice,” Ramdin said. This “fits within our mandate,” he added, restating key OAS Charter objectives to facilitate equity and social and economic development.

Hailing the proposed network as very timely, Ambassador Ramdin told a meeting of the Private Sector Forum Coordinating Committee, at OAS headquarters Wednesday, that this move is important in light of the critical role the private sector plays in development and economic growth.

Among other objectives the meeting is coordinating preparations for the meeting of the Inter-American Private Sector Forum that will be held in Buenos Aires, Argentina, ahead of the Fourth Summits of the Americas in November. Besides representatives of the OAS and Argentina’s Foreign Affairs Ministry, the Forum will draw private sector participants from five sub-regions of the Americas.

Today’s meeting is also discussing draft foundation documents to establish the Private Sector Network of the Americas. Among those engaged in consultations with OAS officials are Ernesto Gutiérrez, President of the Coordinating Committee of the Private Sector Forum; Luis María Kreckler, Deputy Secretary for International Trade in Argentina’s Foreign Ministry; and Chamber of Commerce representatives.

The OAS Assistant Secretary General stressed the importance of ensuring ownership from the beginning, in order to make the proposal a success. “To make it a hemisphere-wide initiative an inclusive approach is required, involving all the regions, sub-regions and representative private sector organizations in the direction, scope and activities of the initiative.”

In opening remarks, Gutiérrez expressed appreciation for the opportunity for private sector participation in the upcoming Summit, and then gave an overview of the proposal which, he said, stems from ideas contributed by more than 150 entrepreneurs, representing a generalized regional call for the public sector and the private sector to join forces “for the well-being of the entire region.”

Meanwhile, Ambassador Kreckler highlighted his government’s full support for the proposed private sector network, and emphasized the usefulness of public-private sector synergy he said would be much more dynamic if taken to the hemispheric level.

Reference: E-201/05