Australia
Thank you Mr Chairman
Australia believes that effective industrial development can contribute to broad based
economic growth, poverty reduction, employment creation and the achievement of
internationally agreed development goals.
We are pleased that this has been suitably recognised in the Chairman's draft
negotiating document.
In Australia's experience, sustainable industrial development is only achievable
where stable and effective national governance frameworks are in place.
Economic growth will predominately come from the private sector. While each
country needs to determine the range of measures that best suit their differing
national circumstances, there are benefits to be gained from regional collaboration.
These include public-private partnerships to enhance the effectiveness of policies
and measures, increased access to new technologies and avoiding duplication of
effort.
In order to build private sector investor confidence and enable the flow of
investments, effective national governance frameworks are necessary. An effective
enabling environment provides both the transparency and certainty needed by
investors and the appropriate environmental and social regulatory settings.
Australia recognises that the international community must support countries to
establish enabling environments by providing capacity building support. Australia's
Overseas Development Assistance program focuses on a range of measures to help
strengthen the financial sectors in partner countries.
An enabling environment can be created by improving financial and business sector
regulation, providing financial literacy training and supporting business skills
development. These factors are particularly important in facilitating the emergence
and growth of small businesses.
Mr Chairman,
Sustainable industrial development is also dependent on access to appropriate
technology. Technology transfer arrangements need to provide sufficient return on
investment for ongoing innovation whilst ensuring that developing countries have
affordable access to technologies.
Finally, sustainable industrial development relies on liberalised world trade. We note
the Chair's draft negotiating document recognises the benefit of liberalised trade and
we hope that all parties will work towards the successful conclusion of the Doha
Round.
Mr Chairman,
Governments will continue to face the challenge of reducing the environmental
impact of industrial development while improving economic outcomes. While each
country is best placed to address its own sustainable production and consumption
issues, the benefit of the CSD is its valuable role in providing a forum for the sharing
of national experiences and promotion of practical approaches.
Thank you.
Australia believes that effective industrial development can contribute to broad based
economic growth, poverty reduction, employment creation and the achievement of
internationally agreed development goals.
We are pleased that this has been suitably recognised in the Chairman's draft
negotiating document.
In Australia's experience, sustainable industrial development is only achievable
where stable and effective national governance frameworks are in place.
Economic growth will predominately come from the private sector. While each
country needs to determine the range of measures that best suit their differing
national circumstances, there are benefits to be gained from regional collaboration.
These include public-private partnerships to enhance the effectiveness of policies
and measures, increased access to new technologies and avoiding duplication of
effort.
In order to build private sector investor confidence and enable the flow of
investments, effective national governance frameworks are necessary. An effective
enabling environment provides both the transparency and certainty needed by
investors and the appropriate environmental and social regulatory settings.
Australia recognises that the international community must support countries to
establish enabling environments by providing capacity building support. Australia's
Overseas Development Assistance program focuses on a range of measures to help
strengthen the financial sectors in partner countries.
An enabling environment can be created by improving financial and business sector
regulation, providing financial literacy training and supporting business skills
development. These factors are particularly important in facilitating the emergence
and growth of small businesses.
Mr Chairman,
Sustainable industrial development is also dependent on access to appropriate
technology. Technology transfer arrangements need to provide sufficient return on
investment for ongoing innovation whilst ensuring that developing countries have
affordable access to technologies.
Finally, sustainable industrial development relies on liberalised world trade. We note
the Chair's draft negotiating document recognises the benefit of liberalised trade and
we hope that all parties will work towards the successful conclusion of the Doha
Round.
Mr Chairman,
Governments will continue to face the challenge of reducing the environmental
impact of industrial development while improving economic outcomes. While each
country is best placed to address its own sustainable production and consumption
issues, the benefit of the CSD is its valuable role in providing a forum for the sharing
of national experiences and promotion of practical approaches.
Thank you.
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