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The Economic and Social Council held a special high-level meeting with the Bretton Woods Institutions, the World Trade Organization and the United Nations Conference on Trade and Development on Monday 18 April 2005 at the United Nations Headquarters in New York.
Following Monterrey, the spring meetings of ECOSOC have gained greater importance in the multilateral efforts to pursue development goals. In this important and challenging year, the spring meeting had special significance as a first of a series of key events aimed to contribute to an effective outcome of the September Summit, which will review the implementation of the Millennium Declaration.
The Monterrey Consensus has mandated these meetings to address issues of coherence, coordination and cooperation as a follow up to the International Conference on Financing for Development. General Assembly resolution 58/230 requests the President of the Economic and Social Council, in consultation with all major institutional stakeholders, to focus the meeting on specific issues, within the holistic approach of the Monterrey Consensus. Following these consultations, the President of the Council proposed the following focus for this year’s dialogue, within the overall framework of "Coherence, coordination and cooperation in the context of the implementation of the Monterrey Consensus: Achieving the internationally agreed development goals, including those contained in the Millennium Declaration". Within this broad theme, the following three issues were addressed in the roundtables: (i) Policies and strategies; (ii) Trade, investment, and private flows; and (iii) ODA, innovative sources of financing and debt.
The meeting was held on the day following the meetings of the International Monetary and Financial Committee and the Development Committee. The intention was to create a free-flowing dialogue between a panel of finance ministers and senior officials who have participated in the spring meeting of the Bretton Woods institutions or in intergovernmental work on trade, and the high-level participants (ministers and senior officials) of the Economic and Social Council of the United Nations.
The panel of speakers included the Chairperson of the Development Committee, the representative of the International Monetary and Financial Committee and the President of the UNCTAD Trade and Development Board. Panelists participated in their personal capacity. The Secretary-General of the United Nations, the Senior Management of the IMF, World Bank, WTO and UNCTAD also participated in the meeting.
For further information please contact Mr. Sarbuland Khan, Director, Office for ECOSOC Support and Coordination at ecosocinfo@un.org
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