Forum leaders commit to implement economic agenda

26/07/2012

Pacific Islands Forum Economic Ministers, who met at the 16th Forum Economic Ministers’ Meeting (FEMM) in Tarawa, Kiribati recently, have confirmed their leadership and oversight of the implementation of last year’s Waiheke Declaration on Sustainable Economic Development endorsed by Forum Leaders in Auckland at the 2011 Forum meeting.<!--more-->

Tuiloma Neroni Slade, Secretary General of the Pacific Islands Forum Secretariat said, “The Forum leaders recognised, through the Waiheke Declaration, that inclusive sustainable economic development increases the resilience of Pacific communities, including the most vulnerable Forum Island Countries.

[caption id="attachment_3551" align="alignright" width="138" caption="Forum economic ministers in Tarawa, Kiribati"]<a href="https://pacifictradeinvest.com/PTI/wp-content/uploads/2012/07/Kiribati-FEMM-Group-photo.jpg"><img class="size-full wp-image-3551" title="Kiribati FEMM Group photo" src="https://pacifictradeinvest.com/PTI/wp-content/uploads/2012/07/Kiribati-FEMM-Group-photo.jpg" alt="" width="138" height="104" /></a>[/caption]

“The recent Rio+20 Conference reaffirmed the need to further mainstream inclusive sustainable development at all levels, that is, integrating economic, social and environmental aspects.”

The FEMM in Kiribati agreed that a technical Working Group on the Waiheke Declaration be established at the regional level to progress inter-sessional discussion, coordination, policy advocacy and implementation of actions associated with the various aspects of declaration and encouraged reporting to the regular meetings of the Chief Executive Officers of the Council of the Regional Organisations in the Pacific (CROP) given the cross-cutting mandates and actions as well as to the annual meeting of the Forum Economic Ministers.

Investments in the productive sectors, particularly agriculture, fisheries (including purse seine tuna fishery and management of coastal fisheries), mining, tourism and infrastructure aspects (relating to transport, energy, communications, health and education) are crucial in improving the tax revenues to governments. Further, food and energy security and competiveness are an integral part of efforts to promote public-private partnership for inclusive sustainable development of the region.

An essential priority of the Waiheke Declaration is improving the enabling environment for women’s economic participation, and increased opportunities for women to participate in economic development of the region.

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