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AG/RES. 1911 (XXXIII-O/03)

FOLLOW-UP ON THE MONTERREY CONFERENCE ON FINANCING FOR DEVELOPMENT 

(Resolution adopted at the fourth plenary session, held on June 10, 2003) 

            THE GENERAL ASSEMBLY, 

HAVING SEEN: 

            Article 30 of the Charter of the Organization of American States, which establishes that the member states, “inspired by the principles of inter-American solidarity and cooperation, pledge themselves to a united effort to ensure international social justice in their relations and integral development for their peoples, as conditions essential to peace and security”; and 

            Article 33 of the Charter of the OAS, which establishes that “[d]evelopment is a primary responsibility of each country and should constitute an integral and continuous process for the establishment of a more just economic and social order that will make possible and contribute to the fulfillment of the individual”; 

BEARING IN MIND: 

            Resolutions CIDI/RES. 1 (I-E/01) and AG/RES. 1806 (XXXI-O/01), “Strategic Plan for Partnership for Development 2002-2005”; 

            Resolution AG/RES. 1812 (XXXI-O/01), “Follow-up and Implementation of the Mandates of the Third Summit of the Americas within the Framework of the Inter-American Council for Integral Development and the Inter-American Agency for Cooperation and Development”; 

            The Monterrey Consensus, adopted by the United Nations International Conference on Financing for Development, held in Monterrey, Mexico, from March 18 to 22, 2002; and 

            Resolutions AG/RES. 1865 (XXXII-O/02) and CIDI/RES. 114 (VII-O/02), “Follow-up on the International Conference on Financing for Development”; and resolution CIDI/RES. 128 (VIII-O/03), “Follow-up on the Monterrey Conference on Financing for Development”; and 

CONSIDERING: 

            That the Summits of the Americas process has established political priorities at the hemispheric level which coincide with the agreements reached at the United Nations International Conference on Financing for Development and are intended to create greater prosperity, increase economic opportunities, and, at the same time, promote social justice and the development of human potential; 

            That in the Monterrey Consensus the Heads of State and Government noted, with concern, estimates of dramatic shortfalls in resources required to achieve the internationally agreed development goals, including those contained in the Millennium Declaration; 

            That the Monterrey Consensus identifies as one of its objectives mobilizing and increasing the effective use of financial resources and achieving the national and international economic conditions needed to fulfill internationally agreed development goals, in particular those contained in the Millennium Declaration, to eliminate poverty, improve social conditions and raise living standards, and protect the environment; 

            That in the Monterrey Consensus the Heads of State and Government recognized that achieving the internationally agreed development goals, including those contained in the Millennium Declaration, demands a new partnership between developed and developing countries, and they committed themselves to sound policies, good governance at all levels, and the rule of law; 

            That the inter-American system and particularly the OAS have multilateral cooperation bodies and mechanisms on political, economic, and social issues that are responsible for the promotion of democracy, human rights, fighting corruption and drugs, and civil society participation, among others, which position the OAS as a premier forum within the inter-American system for working with the United Nations in fulfilling, in the Hemisphere, the commitments undertaken in the Monterrey Consensus; 

            That, according to the mandate issued in resolutions CIDI/RES. 114 (VII-O/02) and AG/RES. 1865 (XXXII-O/02), the General Secretariat presented the provisional version of the document “Strategy for Follow-up to the Monterrey Conference on Financing for Development”; 

            That the Permanent Executive Committee of CIDI decided to establish the Working Group to Identify a Strategy for Follow-up to the Monterrey Conference on Financing for Development to promote efforts to fulfill the mandates issued in resolutions CIDI/RES. 114 (VII-O/02) and AG/RES. 1865 (XXXII-O/02); and 

            That the Working Group to Identify a Strategy for Follow-up to the Monterrey Conference on Financing for Development adopted its work plan, contained in document CEPCIDI/GT/FIN/doc.3/03 rev. 3, 

RESOLVES: 

            1.         To note with satisfaction the actions and measures taken by the Permanent Executive Committee of the Inter-American Council for Integral Development (CEPCIDI), in the context of the Working Group to Identify a Strategy for Follow-up to the Monterrey Conference on Financing for Development, to strengthen partnership for development within the OAS in light of the results of said Conference. 

            2.         To instruct the Inter-American Council for Integral Development (CIDI) to continue evaluating the appropriate mechanisms by which the OAS may help member states link up with the instruments and mechanisms for development financing identified by the Monterrey Conference, taking into account the results of the Working Group to Identify a Strategy for Follow-up to the Monterrey Conference on Financing for Development. 

            3.         To instruct CIDI to request CEPCIDI to instruct the Working Group to Identify a Strategy for Follow-up to the Monterrey Conference on Financing for Development to continue the process of consultations with inter-American institutions, other multilateral entities, permanent observers, and other donors, with the objective of identifying specific actions to support the member states of the Organization in their efforts to benefit from the results of the Monterrey Conference and to strengthen partnership for development. 

            4.         To instruct CIDI to present its proposals and recommendations on the implementation of this resolution to the General Assembly at its thirty-fourth regular session.

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