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Italian Presidency Document (Beyond Debt Relief)

Introduction

1. Remove trade barriers for the poorest countries

   1. Trade as an engine of growth

   2. Opening markets

   3. The impact of trade liberalization

   4. Minimizing non-tariff barriers to trade

   5. Trade capacity building

2. Promote private investment in the poorest countries

   1. The role of FDI in development

   2. Determinants of FDI decisions

   3. Trends in FDI flows

   4. Attracting and expanding the benefits of FDI in the poorest countries

      Key proposals

      • Developing an appropriate framework for investment.
      • Protecting intellectual property rights.
      • Enhancing pro-active investment promotion.
      • Catalysing public and private funds for investment-enhancing development programs.
      • Providing incentives to FDI flows and technology transfers to LDCs.
      • Launching a "Global Research and Development" Fund. 
      • Extending preferential access for technology transfers.

       

       

3. Focused aid

   1. Health

   1.1 The situation in the poorest countries 
   1.2 From Okinawa to Genova
   1.3 Specific objectives and proposals on health

   Key proposals

   • Co-ordinating efforts to intensify international action.

   • Global action for local access to key medicines and supplies.

   • Support for co-ordinated action under the aegis of national bodies

   • Monitoring HIPCs

   • Measuring Progress – role of health indicators.

   • Focusing Action where most needed.

   • G8 Statement on imports of medicines from DCs.

   • Role of MDBs.

   • New Trust Fund for Health.

   2. Education

   2.1. The situation in the poorest countries
   2.2 An agenda for action on education
   2.3 Specific objectives and proposals on education

   Primary and Basic Education

   1. Education for all (EFA)
   2. Reducing barriers to access
   3. Supporting Institutions.
   4. Involvement of Civil Society
   5. Enforcement of measures against Child Labour.
   6. Teacher training and Information Communications Technologies (ICT).
   7. Environmental protection and Healt Care.
   8. Monitoring

   Adult Education, higher and continuing Education

   9. Post-school education.
   10. Contribute to tertiary education.
   11. Establish a Trust Fund for mobilising additional resources.

    

   Main Proposals

   A. Trade

   B. Investment

   C. Focused Aid

   1. Health

   2. Education

Source: Italy, Ministero degli Affari Esteri (all accessible at https://www.esteri.it/g8/docum.htm)

 

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