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Tunis Declaration adopts series of commitments concerning MENA-OECD Initiative on Governance and Investment.

(TAP) - The Tunis Declaration published at the end of the MENA-OECD Ministerial Conference adopted a series of government commitments on the MENA-OECD Initiative on Governance and Investment for Development and regional co-operation.

The declaration, which contains 19 points representing commitments of MENA and OECD countries, was adopted, on Tuesday at the end of the MENA-OECD Ministerial Conference on Governance and Competitiveness for Development held on October 4, 2016 in Tunis.

Participants in the meeting said that the achievements of over 10 years of deep cooperation help implement an ambitious programme of action, to which countries of the MENA region will join and contribute to defining highest quality standards in the policy making process, with a view to promoting inclusive growth and economic integration, according to the text of the Tunis declaration.

They reaffirmed the importance of the principles of the initiative based on partnership, appropriation, joint chairmanship, peer learning, consultation and participation processes based on demand and mutual commitment, laying emphasis on the importance of competitiveness and governance as key levers for socio-economic development in the region.

The statement calls on the secretariat of the OECD to inform the steering committee of the MENA-OECD Initiative of the progress of these programmes and their contribution to the agendas of competitiveness and governance.

The same text welcomes in particular the Compact on Economic Governance of the Deauville Partnership providing a framework for the key objectives of public policy to promote good governance and a healthy business climate.

It underlines the importance of promoting closer inter-regional cooperation, recognising the action plan for financial inclusion adopted at the Deauville conference on Partnership of the G7 on responsible financial inclusion for social inclusion and stability.

Participants discussed the need to promote alliances between states, the private sector and the civil society to promote economic governance and competitiveness leading to job creation.

They commended the contribution of the Advisory Committee of the MENA-OECD civil society and the Advisory Committee of the MENA-OECD business in the implementation of the work programme.

The Tunis Declaration recognises the relevance of the OECD instruments to provide advice and inspiration to governments around the world, inviting the countries of the MENA region to join those mostly close to their priorities and fields of work, and commending the significant increase in memberships.

The text underlines the importance of the link between the working groups, MENA-OECD networks and OECD committees.

Commending the Programme Morocco -Country, participants invite Morocco to share its experience with other countries through the MENA-OECD initiative. The document calls on all countries of the OECD and MENA to contribute to the effective implementation of the Paris Agreement on Climate Change.

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Publication:Agency Tunis Afrique Press
Geographic Code:6TUNI
Date:Oct 4, 2016
Words:450
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