DEC/2/109 Effects of economic reform policies and foreign debt on the full enjoyment of all human rights

Human Rights Council

Decision 2/109. Effects of economic reform policies and foreign debt

on the full enjoyment of all human rights

The Human Rights Council, recalling resolution 2005/19 of 14 April 2005 of the

Commission on Human Rights and taking note of the report of the independent expert on the effects of economic reform policies and foreign debt on the full enjoyment of all human rights, particularly economic, social and cultural rights (E/CN.4/2006/46 and Add.1), decides to request the United Nations High Commissioner for Human Rights to convene an expert consultation to contribute to the ongoing process of drafting the draft general guidelines to be followed by States and by private and public, national and international financial institutions in the decision-making on and execution of debt repayments and structural reform programmes, including those arising from foreign debt relief, and to invite the international financial institutions, notably the World Bank and the International Monetary Fund, as well as regional developments banks, relevant United Nations agencies and national experts and stakeholders to contribute to the consultations.

Adopted by a recorded vote of 33 to 13,

with 1 abstention

31st meeting

27 November 2006

[In favour: Algeria, Argentina, Azerbaijan, Bahrain, Bangladesh, Brazil, Cameroon, China, Cuba, Djibouti, Ecuador, Gabon, Ghana, Guatemala, India, Indonesia, Jordan, Malaysia, Mali, Mauritius, Mexico, Morocco, Nigeria, Pakistan, Philippines, Russian Federation, Saudi Arabia, Senegal, South Africa, Sri Lanka, Tunisia, Uruguay, Zambia.

Against: Canada, Czech Republic, Finland, France, Germany, Japan, Netherlands, Poland, Republic of Korea, Romania, Switzerland, Ukraine, United Kingdom of Great Britain and Northern Ireland.

Abstaining: Peru.]

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