Brussels European Council – Presidency Conclusions, March 2009

Sectors : Aid volume, International trade: market access, subsidies and aid for trade, Quality of aid
Organisation : EU
Date made: 
2009
Level: 
Heads Of State
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Commitments in: Financing for Development - Aid volume

“22. ...The European Union will take a leading role at the global level in promoting a swift return to sustainable economic growth; strengthening our ability to manage crises; bringing forward the reform of financial markets; and supporting developing countries in order to avoid putting at risk the progress achieved in recent years, thus undermining their economic and political stability...”

Scope: 
International

“Supporting developing countries in responding to the effects of the crisis...

(xxii) Honour commitments to increase development assistance. Reaffirm commitment to deliver on the Millennium Development Goals. Meet aid-for-trade pledges and give duty-free and quota-free access to least developed countries.

(xxiii) Make full use of other official sources of financing, such as export credits and investment guarantees as well as development-oriented support in the areas of research and technology, peace and security, migration and climate change. Enhance the effectiveness and coordination of instruments and resources.
 
(xxiv) Enable Multilateral Development Banks to help counter the effects of the crisis in developing countries, particularly as regards the poorest and most vulnerable populations.”

Scope: 
International