The Fourth High Level Forum on Aid Effectiveness came to a close on Thursday, with an official adoption of the Busan declaration.
Dubbed the Busan Partnership for Effective Development Cooperation, the declaration is the outcome of three days of talks among representatives from governments, international organizations and civic groups from some 1-hundred-60 nations.
[Interview : Kim Hwang-sik, Korean Prime Minister] "The document calls for a sense of ownership by developing countries, result-driven development cooperation, inclusive development partnership and accountability between donors and recipients. We also reaffirmed the importance of aid in development cooperation and that implementing agreements reached in Paris and Accra is a responsible engine for development cooperation."
The Busan declaration calls for a transition in the international aid policy paradigm from the current focus, which is on 'aid effectiveness,' to 'development effectiveness.'
The Prime Minister said the outcome document signals a new beginning, since solid implementaiton of the Busan declaration is crucial in promoting development effectiveness, a view shared by other participants.
[Interview : Angel Gurria, Secretary-General
Organization of Economic Cooperation & Development] "And of course, the outcome document leaves us all a lot of homework. But as representative of the civil society came all the way from Fiji told us, we are going back with a sense of fulfillment of satisfaction, of great sense of responsibility because there is so much to do going forward."
Moreover, the participants also agreed on the need for an all-inclusive global partnership that includes both developed and developing nations as well as the private sector.
[Reporter : Hwang Sung-hee
email@example.com] "Moving forward, the representatives agreed to found a new international governance that centers on development effectiveness, with the first ministerial-level meeting on 'Global Partnership' scheduled for June.
Hwang Sung-hee, Arirang News, Busan."