Debate on economic growth and development

The Economic and Financial Committee – also known as Second Committee – will begin its work in the morning of 4 October

The first meeting of the Second Committee of the 65th session of the General Assembly took place on 17 September 2010 for the purpose of adopting the programme of work (A/C.2/65/L.1). The Committee is chaired by H.E. Ambassador Enkhtsetseg Ochir (Mongolia). The other Bureau members include Vice-Chairpersons, Mr. Erik Lundberg (Finland), Ms. Csilla Wurtz (Hungary) and Mr. Jean Claudy Pierre (Haiti). A Rapporteur remains to be elected from the African Group.

The Bureau also agreed on the following designation of responsibilities for clustered agenda items: (1) Ambassador Ochir (Chair) – General debate; Revitalization of the work of the General Assembly; Programme planning; (2) Mr. Lundberg – Macroeconomic policy questions; agriculture and food security; Financing for development; (3) Ms. Wurtz – Sustainable development; Human settlements; (4) Mr. Pierre – ICT; Globalization and interdependence; Operational activities for development.

The Committee decided to begin its work in the morning of 4 October by discussing its methods of work. In the afternoon of 4 October, the Committee will start its general debate by hearing opening remarks by the Chair and Under Secretary-General Mr. Sha Zukang, followed by a keynote speech by Prof. Robert Shiller of Yale University. The general debate will conclude on 6 October. The Committee has set itself the target date of 23 November for conclusion of its work.

During this session, the Second Committee will deal with issues related to economic growth and development, such as macroeconomic policy questions (including international trade, international financial system, debt and commodities), financing for development, sustainable development, human settlements, globalization and interdependence, poverty eradication, operational activities for development and agriculture development.

The Second Committee will also consider issues related to Groups of Countries in special situations – such as the Least Developed Countries (LDCs) and Landlocked Developing Countries (LLDCs). It will also consider the item on permanent sovereignty of the Palestinian people in the Occupied Palestinian Territory, including East Jerusalem, and of the Arab population in the occupied Syrian Golan over their natural resources.

As in previous sessions, there are four side events planned to take place during the course of the Second Committee. They cover the topics of poverty, Rio + 20, climate change with a special focus on Small Island Developing States (SIDS) and the Least Developed Countries (LDCs).

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