Statement by Ms.P. Narangua,
Deputy Permanent Representative of Mongolia
to the United Nations on agenda item 99 (a)
New York, 20 October,1999
My delegation welcomes the Secretary General`s report on agenda item 99 (a) on the Implementation of the Declaration on International Economic Cooperation and of the International Development Strategy. It also fully associates with the statement made yesterday on this issue by the Representative of Guyana on behalf the Group of 77 and China.
In our view, the report covers and clearly highlights the economic and social situation of our globalising world with its promises and challenges. We agree with the conclusions of the report. Paragraph 77 of the report, for instance, underlines that there is a greater danger than before that the weaker members of the world community will be further marginalized.
The rapid changes, growing globalization and interdependence, that are taking place in the world, affect most of the countries of the world. They directly affect Mongolia as well. My Government remains strongly committed committed to sustainable development, stable and accessible markets as well as fuller liberalized trade. They are of critical importance if we are to succeed in addressing the most urgent issues, especially, narrowing the gap between the rich and poor, between the developed and developing countries and reversing the insufficient investment flows for development purposes. In this connection, I would like to note the importance of the speedy and full implementation of the Agenda for development, to which many delegations have made reference.
would like to emphasize the importance of trade on development, poverty
alleviation and sustained global economic recovery. A fair trading system
is the most effective way of promoting the goals of development. In our
view, the next round of trade negotiations need to deliver substantial
benefits for developing and transition countries. This would require improved
market access and further reduction of trade barriers.
Let me now briefly turn to the question of landlocked developing countries, a question that is directly connected with our sustainable development. It is universally recognised that whatever competitive advantages the landlocked countries have, they are rendered useless because of high transit transportation costs which in some cases make up 40 per cent of the total costs. Mongolia duly appreciates the understanding by the international community of the problems and hardships faced by the landlocked developing countries. We hope and expect that this understanding would soon be translated into practical support for the efforts of this group of countries to integrate into the world economy. In this regard, my delegation expresses the hope that the future reports on international economic cooperation and development will focus on the situation of this group of countries and duly reflect their special needs and problems as well as ways and means of overcoming them. Lowering of transit costs and trade barriers would be the most efficient way of helping them. Financing would be needed mostly for building or modernizing their transit transport infrastructure.
The major international conferences and summits of the 90`s have largely defined the development agenda and plans of action as well as the committments for their implementation. However, several years later the most pressing issue for developing countries still remains financing development. That is why Mongolia attaches great importance to the forthcoming high-level intergovernmental meeting on this issue. We believe that a reversal of the decline in the ratio of ODA to GNP of donor countries is important to developing countries at this stage, especially for those that are still largely dependent on ODA for their development.
The world community, as it approaches the new millennium, links its future to a great extent with the activities of the United Nations. My delegation shares the view that there is a need to strengthen the links of the United Nations with the Bretton Woods institutions, the World Trade Organisation and other relevant institutions. Their development policies and activities should complement each other and not duplicate. We believe that encouraging initial steps have been made in this respect in the last two years.
Of critical importance in alleviating economic and social problems are full coordination and implementation of the decisions and recommendations of UN summit conferences on major global social and economic issues. We express the hope that Plus-5 review conference would be instrumental in this regard.
In conclusion, I would like to stress that the causes of most environmental problems in the world have their origins in the development process and it is only through better management they can be managed or solved.