Press release

10 Nov 2008

Beirut

Strengthening Private Sector Resilience under Conflict on UN-ESCWA Agenda Tomorrow

Strengthening private sector resilience is on the UN-ESCWA agenda in an expert group meeting to be held tomorrow Tuesday a the Commission’s quarters, Riad el Solh. The meeting is to continue until Wednesday 12 November. The UN-ESCWA meeting, which opens tomorrow Tuesday at 9:00 AM, is entitled “Strengthening Private Sector Resilience under Conflict: Lessons Learned and the Way Forward”. The meeting will be attended by representatives of member countries, namely from ministries of planning and economy, as well as parliamentary committees concerned with business legislation and of chambers of commerce and unions of businessmen. It will also be attended by experts on private sector and conflict issues, representatives of both public and private sectors, and United Nations organizations. The meeting is held in the context of a series of activities that UN-ESWCA initiated in December 2007. It aims at enhancing policies for private sector development in conflict affected countries; presenting concepts and experiences concerning private sector’s potential role in development, conflict mitigation and peace building; articulating future pragmatic interventions to enhance private sector resilience in conflict afflicted countries; and examining national and regional policies that would facilitate collaboration amongst international, public and civic entities to support private sector resilience. Private sector resilience under conflict is very important in the UN-ESCWA region, which continues to be debilitated by major conflicts in many of its countries. Some of these conflicts have persisted over the past 60 years. Conflicts continue to impair socioeconomic development in affected countries as well as affect regional performance as a whole. Private sector development can improve socioeconomic development in the region. Increasing awareness about the effects of businesses in a conflict situation could provide policy insights about the role of the private sector in conflict mitigation and peace-building processes
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