June 30 anniversary: Inspiring path towards economic recovery    Egypt signs deal for green ammonia production project in Damietta    Egypt, EU sign €1b financial aid pact    Egypt, EU sign 4 landmark agreements    Egypt-EU Investment Conference: Turning promises into tangible progress    China pours over $300m into flood relief efforts    22 banks, 8 companies offer EGP 70bn in mortgage finance since June 2014: MFF    Carlyle Group targets significant investments in Egypt's oil, gas sector    El Gouna City unveils Fanadir Marina, becoming Egypt's largest private yacht operator    Egypt's PM reviews progress of Warraq Island urban development    Over 200 cultural events planned across Egypt to mark June 30 Anniversary    Health Minister discusses cooperation with UN Office on Crime, Drugs    Egypt, Yemen reaffirm strategic ties, stress Red Sea security concerns    264 days of targeting civilians in Gaza by Israeli aircraft    Somalia faces dire humanitarian crisis amidst Al-Shabaab threat, UN warns    Sweilem leads Egyptian delegation to South Sudan for high-level talks, project launches    Joyaux collaborates with IGI to certify luxury jewellery    Egypt, South Sudan strengthen water cooperation    33 family tombs unearthed in Aswan reveal secrets of Late Period, Greco-Roman eras    First NBA Basketball school in Africa to launch in Egypt    Central Agency for Reconstruction develops Fustat Hills Park in Cairo    BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Egypt's EDA, Zambia sign collaboration pact    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Development experts converge in Cairo for prep meeting
Published in Daily News Egypt on 21 - 01 - 2008

CAIRO: A high-level symposium on Sunday aimed at discussing issues in South-South development cooperation and aid effectiveness.
The two-day Cairo symposium, titled "Trends in Development Cooperation: South-South and Triangular Cooperation and Aid Effectiveness, is part of the preparatory process for the first biennial Development Cooperation Forum (DCF).
The forum will be held under the United Nation's Economic and Social Council (ECOSOC) this July.
"This is the year of development, declared Sha Zukang, under-secretary general of the UN Department for Economic and Social Affairs (UNDESA), in his opening speech to the press. "ECOSOC has a huge role to play, and we have a very experienced president.
Ambassador Leo Merores, the newly elected president of ECOSOC, was equally optimistic, saying that both the Cairo Symposium and the Vienna Symposium, held last year as the first of two preparatory meetings, will "facilitate the way to a successful DCF and a more consistent cooperation between developing countries.
"The purpose of this symposium was not about negotiation, clarified Merores, "but to hear the views of both the developed and developing countries in order to arrive at a new architecture for cooperation.
Conditionality and aid effectiveness were the issues of focus in the conference, with the speakers, who included Assistant Minister for International Economic Relations and International Cooperation, Ambassador Ramzy Ezeldine Ramzy, speaking passionately about their views.
Zukang labeled conditionality as "a dirty word, and said conditions for aid and cooperation should either be eliminated or reduced.
"Conditions such as good governance, democracy, human rights, transparency, elimination of corruption - they all look good, said Zukang, "but the question is: Are countries from the developing world in a position to meet them?
Zukang answered negatively, explaining, "This is why they are called developing.
Merores echoed Zukang's statement, saying that conditionality is hindering development because countries do not have full ownership of the development effort. He suggested cooperation should be based on output and results, rather than meeting conditions too ambitious for developing countries to adhere to.
"I want to stress on the point that the South-South dimension is going to be critical about this issue in the future, asserted Ramzy.
The Arab world's hindrance in benefiting from South-South cooperation was also discussed. Merores expressed concern with the poor public relations efforts. "This is an area that needs to be a bit more publicized, he said.
Ramzy was confident, affirming that although there's a lot more potential in the Arab world for benefiting from the South-South cooperation, a lot has been done.
He stated that many banks are already engaged in financing the region, while further inspiring hope for a bright future in the form of the first Arab Economic Summit to be held in Kuwait in November.
While stressing that South-South cooperation is gaining importance, Zukang stated, "North-South relations still remain as the pillar for international relations and economic development [for developing countries]. Therefore we must steal the North-South's attention, and have the South-South cooperation act as a supplement.


Clic here to read the story from its source.