3. International financial cooperation for development

Increasing international financial and technical cooperation for development

Increasing international financial and technical cooperation for development

(e) The role of international financial institutions

Effective cooperation and monitoring of international financial transactions was imperative.

Encourage FIUs to actively engage with their international partners on a bilateral basis and through the Egmont Group of FIUs.

Increased efforts were made to strengthen collaboration with the international financial institutions.

Role of international financial institutions

39. The main avenues for international cooperation in the financial arena are IMF and the Bank for International Settlements (BIS).

On the other hand, cooperation with international financial institutions has not expanded at the same pace.

This should be facilitated by increased cooperation between the United Nations system and international financial institutions.

It should therefore provide incentives for host countries to cooperate with donors and international financial institutions.

The State Bank of Viet Nam has actively carried out international banking co operation in counter terrorism financing.

The GM is administered by the International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations that was established as an international financial institution in 1977.

An example of such cooperation is the Egmont Group of Financial Intelligence Units, an international organization set up to facilitate international cooperation among financial intelligence units around the world.

To this end, we call for close cooperation among the United Nations, and multilateral trade and international financial institutions.

VIII. Relationship between the United Nations and international finance and trade institutions

International financial institutions

Efficient technical and financial cooperation among developing countries, international institutions and developed countries is one of the requirements of financing for development.

74. The role of the international financial institutions is also particularly significant.

(l) The promotion of equitable access to benefits from the international distribution of wealth through enhanced international cooperation, in particular in economic, commercial and financial international relations

(m) The promotion of equitable access to benefits from the international distribution of wealth through enhanced international cooperation, in particular in economic, commercial and financial international relations

(n) The promotion of equitable access to benefits from the international distribution of wealth through enhanced international cooperation, in particular in international economic, commercial and financial relations

There was a need to build South South cooperation into all international programmes in support of development, including those of international financial agencies.

International financial services

III. INTERNATIONAL FINANCIAL INSTITUTIONS 56 63 12

13. Invites international financial organizations, other donors and the United Nations Conference on Trade and Development to revisit the operational modalities of international commodity, as well as to consider finance and risk management facilities and programmes

The World Council of Credit Unions, Inc. (WOCCU) is the international organization of credit unions and similar cooperative financial institutions.

UNEP should enhance its cooperation with international financial institutions, and also with specialized agencies and programmes in the United Nations system.

F. International business and finance

Addressing drug control cooperation issues in the governing bodies of the agencies, programmes and funds of the United Nations system and the international financial institutions.

It is advisable for international and regional financial organizations to enhance their support for financial local authorities of the front line States and States neighbouring Somalia, in terms of promoting cooperation, training, workshops, information sharing and financial networking.

The IFC offers a mix of financing that is tailored to meet the needs of each project.

5. Encourages the international community, including the international financial institutions, to support the efforts of developing countries, inter alia, through triangular cooperation

6. Encourages the international community, including the international financial institutions, to support the efforts of developing countries, inter alia, through triangular cooperation

125. The international community should endeavour to rectify current deviations from the missions of the international financial institutions.

Engagement with FATF, anti corruption controls, international co operation in financial investigations and ratification of anti terrorism related international conventions all appear to improve the general regulatory environment in States.

It was stated that efforts to leverage financing through cooperation with international financial institutions should continue.

The international financial institutions should consider thus the creation of specific financing mechanisms to support cooperation of that kind.

Training MFIs in on how to mobilize funds on the international financial market

The global partnership for development launched at Monterrey demands that the industrialized countries first increase flows of international funds for development secondly, open their markets thirdly, strengthen financial and technical cooperation fourthly, provide external debt relief and fifthly, promote consistency in the financial system and in international trade.

(c) International commercial and finance law.

International Financial System and Development

International financial and trade institutions

International financial institutions and assistance