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ECOSOC meets with world financial institutions on development projects

Attended by the World Bank, the International Monetary Fund, the World Trade Organization and the ministers who took part in the spring meeting in Washington, the session aimed to maintain the political momentum for implementing the Monterrey Consensus, adopted by the International Conference on Financing for Development held in Monterrey, Mexico. It was part of the key follow-up role assigned to ECOSOC by the Consensus, which established a working agreement on development principles between developing and developed countries and recognized that development advances are a precondition for world stability and security. ECOSOC President Gert Rosenthal, of Guatemala, said he hoped the meeting would clarify the ways in which everyone could mutually reinforce each other in implementing the Monterrey Consensus and attaining the UN-endorsed Millennium Development Goals, which among other things set specific targets for reducing poverty. UN General Assembly President Jan Kavan, of the Czech Republic, said the meeting “constitutes a vital step in our efforts to stay engaged in the Monterrey follow-up process.” For her part Mary Whelan, Chair of the WTO Trade Policy Review Committee, noted that trade-capacity building was another issue that should drive forward coherence between multilateral organizations, bilateral donors and developing-country partners. Eduardo Aninat, IMF Deputy Managing Director, called for urgent progress in a number of areas, including agriculture, where better market access and lower trade distorting subsidies were particularly important for developing countries. Zhengman Zhang, Managing Director of the World Bank, said the Bank and IMF agreed that only by allowing countries to shape their own strategies would coherence be achieved in development policy. Referring to ongoing trade negotiations, Francisco Thompson-Flores, WTO Deputy Director General, said countries had been presented with tremendous opportunity, including the welfare gains from the elimination of trade barriers, which could amount to $250 billion annually, with as much as half accruing for developing countries. read more


Michael Kraus is back for Germany

← Previous Story SHOT-CLOCK IN HANDBALL: Why and why not? Next Story → Benjamin Buric (Gorenje): Chances 60-40 for PSG Johannes BitterMichael Kraus German handball players have finally understand that the destiny of German handball is in their hands. After goalkeeper Johannes Bitter, another big name of German NT, Michael Kraus is ready to help his team-mates to achieve the necessary goal – World Championship in Qatar 2015! FA Goppingen playmaker will wear NT T-shirst after three years break.Martin Heuberger called 19 players for the upcoming friendly matches with Hungary on April 5 and 6. These clashes will help German NT coach to make a good preparation for the qualifications matches against Poland in June.The one who is still missing is Pascal Hens.Goalkeepers: Silvio Heinevetter (Füchse Berlin, 105 Länderspiele/ 0 Tore), Carsten Lichtlein (VfL Gummersbach, 178 / 1), Johannes Bitter (HSV Hamburg, 139 / 1)Players: Stefan Kneer (SC Magdeburg, 50 / 82), Uwe Gensheimer (Rhein-Neckar Löwen, 87 / 332), Oliver Roggisch (Rhein-Neckar Löwen, 202 / 48), Johannes Sellin (MT Melsungen, 19 / 51), Patrick Wiencek (THW Kiel, 54 / 121), Felix Danner (MT Melsungen, 11 / 10), Holger Glandorf (SG Flensburg-Handewitt, 162 / 556), Hendrik Pekeler (TBV Lemgo, 15 / 23), Patrick Groetzki (Rhein-Neckar Löwen, 60 / 152), Michael Allendorf (MT Melsungen, 9 / 16), Steffen Weinhold (SG Flensburg-Handewitt, 51 / 118), Tim Kneule (Frisch Auf Göppingen, 15 / 26), Steffen Fäth (HSG Wetzlar, 16 / 15), Michael Haaß (SC Magdeburg, 115 / 174), Kai Häfner (HBW Balingen-Weilstetten, 19 / 29), Michael Kraus (Frisch Auf Göppingen, 113 / 372)photo: DHB/picture-alliance read more