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UN Conference on Financial Crisis Postponed to June 24

May 26, 2009

By Clark Gascoigne

Clark Gascoigne is the Communications Director at Global Financial Integrity in Washington, DC.

It’s just been confirmed that the UN Conference on the World Financial and Economic Crisis and Its Impact on Development, which was originally scheduled for early June, has been rescheduled for June  24-26.

From Xinhua:

The UN General Assembly decided on Tuesday to postpone its early June summit on the world financial and economic crisis to late June.

“For the sake of both a good outcome document and high-level attendance, I believe there would be a consensus on the conference being rescheduled to 24-26 June, 2009,” assembly president Miguel d’Escoto Brockmann told a plenary session.

The UN Conference on the World Financial and Economic Crisis and Its Impact on Development was originally slated to be held on June 1-3, with an aim to find a common and lasting solution to address the ongoing financial and economic crisis of the world.

But, in preparations for the summit, “a large number of representatives from different regions” requested a brief deferral of the conference to June 24-26 to facilitate the participation of their governments at the highest level, d’Escoto said.

The representatives also indicated that the intergovernmental negotiations on a draft outcome document are proven to be “more challenging and may need more time to arrive at an agreement” among member states.

Disclaimer: Unless specifically stated to be the views of the Task Force, the opinions expressed on this blog are solely the opinions of the individual blogger and are not necessarily those of the Task Force on Financial Integrity & Economic Development.

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