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First Meeting of the Economic Forum

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According to its mandate, the Economic Forum should give political stimulus to the dialogue on the economic transition and suggest practical efforts for the development of free market systems and economic co-operation and encourage activities within relevant international organizations. The First Meeting of the Economic Forum conducted a free and stimulating dialogue on key issues of the transition process to democratic market economies. Pursuant to the Helsinki Document 1992 representatives of international organizations were invited to participate. Representatives from OECD, EIB, EBRD and ECE as well as from UNEP, the Council of Europe, IBRD, IMF, ICC and ILO participated in the meeting and made oral and written contributions. This participation is especially important in order to deepen cooperation with these organizations, to ensure the broadest possible exchange of information and experience, and in order to avoid duplication. Representatives of national NGOS and the business community were included in national delegations and participated actively in the discussions. The CSCE offers a unique forum for such a dialogue as it permits a discussion of the transition process on the basis of the links between human rights, individual freedom and democratic values. The discussion was based on the principles of the Charter of Paris of a common conviction that freedom and political pluralism are necessary elements for sustainable economic growth, prosperity and efficient use of economic resources and that preservation of the environment is a shared interest and responsibility of all nations. Against this background we have exchanged experiences of progress made and problems encountered so far and the progress in economic reform achieved by the countries in transition were welcomed. We have been reminded that economic reforms presuppose and must be the result of the mobilization of all internal possibilities and resources in a country but also that external assistance can and must play an important supportive role in a successful implementation of these reforms. The participants in the Economic Forum confirmed their support of the strong effects towards market reforms in Russia aimed at the creation of relevant conditions for its integration into the system of modern economic cooperation and partnership. The transition process is complex, lengthy and contains difficult policy choices. It was stressed that the Bonn principles and commitments are still valid and crucial for continued progress. In particular, they stressed the responsibility of each participating State to apply these principles fully both internally and externally. The participating States and the relevant international organizations were to increase their efforts to remove obstacles and support measures for the creation of a favourable business climate and stimulate production, trade and investments in the transition countries. It was suggested that the CSCE Secretariat, on the basis of information provided by the international organizations invited to the Economic Forum, should circulate details of ongoing programmes which could be relevant to the process of economic transformation and, on a quarterly basis, issue a calendar of activities carried out by such organizations and


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