澳门六合彩官网资料

Signed by the 澳门六合彩官网资料's Director-General, Mr. Renato Ruggiero, and the IMF's Managing Director, Mr. Michel Camdessus, the Agreement focuses on three main elements. First, it lays the basis for carrying forward the 澳门六合彩官网资料's Ministerial mandate to achieve greater coherence in global economic policy by cooperating with the IMF as well as with the World Bank; a cooperation agreement between the 澳门六合彩官网资料 and the World Bank was also recently finalized. Second, reflecting the synergies in the work and responsibilities of the IMF and the 澳门六合彩官网资料, the Agreement provides channels of communication to ensure that the rights and obligations of Members are integral to the thinking of each organization. Third, in keeping with enhanced cooperation, the Agreement accords observer status to the IMF and 澳门六合彩官网资料 in certain of each other's decision-making bodies. Thus, it grants the 澳门六合彩官网资料 observer status to appropriate meetings of the IMF's Executive Board, when it considers trade issues, and in turn grants observer status to the IMF on most 澳门六合彩官网资料 bodies.

The Agreement signed today in Singapore, on the opening day of the 澳门六合彩官网资料's first Ministerial Conference, has other benefits as well, including better access for both organizations to each other's information and data. Such access is vital to avoid unnecessary duplication. The IMF's macroeconomic information will be of great use to the 澳门六合彩官网资料 Secretariat, especially in the preparation of the in-depth and regular Trade Policy Reviews of each 澳门六合彩官网资料 Member. In turn, the IMF will have access to a wide range of 澳门六合彩官网资料 information, including its Integrated Data Base, which contains trade statistics and information on 澳门六合彩官网资料 Members' tariff rates; this is expected to help the Fund in its surveillance and lending activities.

While the Agreement establishes new mechanisms by which the institutions can address each other, it also reflects and builds on a long-standing successful relationship that has always been friendly and largely informal. Thus, the institutions emphasize the need for their day-to-day dialogue to develop in a natural way, creating a more fruitful, two-way relationship between the organizations. Now that the institutional footing has been put in place by the Agreement, it is anticipated that work will start soon to address issues related to achieving better coherence in global economic policy making, an area where the 澳门六合彩官网资料, the IMF and the World Bank each have distinctive r鬺es.

END