Intersessional Working Group on Finance, Trade, Investment and Economic
Ad Hoc Intersessional Working Group (AHWG) for CSD-8 on Finance,
Trade, Investment and Economic Growthopened at UN Headquarters in
New York City today. Delegates heard opening remarks from CSD-8
Chair Minister Juan Mayr Maldonado, presentations of the Secretary-General's
reports, and general statements on finance.
Chair Mayr, fresh from his successful
introduction of novel approaches to the negotiations of the Biosafety
Protocol in Montreal, is expected to work hard in the coming weeks
at fostering a new role for the CSD. He wants the CSD to take the
complex issues of trade, environment, agriculture and finance "out
of the freezer" for more creative treatment by the Commission.
Attentive to the historical gap between the ideas generated at the
CSD, and their implementation, he does not envisage the CSD coming
up with definitive solutions. Instead, he has been heard urging
participants to limit their role to laying the foundations for problem-solving
by other relevant international organizations.