Sommaire: March 14, 2002: Statement by President Prodi and Commissioner Nielson on the eve of the UN Conference on Financing for Development (Brussels)
The Commission welcomes the agreement by Member States on a common EU position for the Monterrey International Conference on Financing for Development. In particular, we welcome the EU commitment to reach an average of 0.39% of Official Development Aid (ODA) of Gross National Income (GNI) by 2006 as a concrete first step forward to achieving the internationally recognized goal of 0.7%. This achievement, which builds on the conclusions of the Gothenburg and Laeken European Councils, shows
that Europe is not complacent about being the world's number one aid donor. With the valuable assistance of the Spanish Presidency, Member States have rallied around a position giving the EU a strong platform for providing leadership based on global equity and solidarity in Monterrey. The conference provides an historic opportunity to make progress towards the achievement of the Millennium Development Goals for poverty reduction.