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The Asia Monitor

 The Asia Monitor - The e-Newsletter of the North American Representative Office

Volume 1, Issue No. 7 | July 2005
Feature | Financial & Economic News | Inside ADB | Managing for Development Results Update | Opportunities | Events

Feature

Aid Harmonization: What will it Take to Meet the MDGs?

The year 2005 is a watershed year for aid effectiveness. It marks the beginning of a 10 year project to halve the world's poverty by 2015. The recent G8 Summit this month discussed how donor countries can work together to achieve the ambitious goals set by the UN in 2000. And as countries gear up for the MDG+5 Summit at the United Nations in September, this issue is resonating around the world.

A special report produced by the Development Gateway provides interviews and feedback from a wide range of stakeholders on the complexities of donor harmonization and the promise it holds for meeting the MDGs.

To read more:
http://topics.developmentgateway.org/special/aidharmonization


Financial & Economic News

The Region

Tariff Rows May Delay Launch of the South Asia Free Trade Agreement
http://www.financialexpress-bd.com/index3.asp?cnd=7/19/2005§ion_id=1&newsid=5945&spcl=no

FTA Signed: New Zealand, Chile, Singapore, Brunei to end Tariffs
http://www.nbr.co.nz/home/column_article.asp?id=12438&cid=4&cname=Business%20Today

China

U.S. Trade Deficit Widened to $15.87 billion in May
http://www.bloomberg.com/apps/news?pid=10000080&sid=a33V_POF1Iu4&refer=asia

China to Restrict Foreign Investment in Steel Sector
http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/157880/1/.html

China to Loosen Currency Controls to Boost Overseas Competitiveness
http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/158480/1/.html

India

Private Sector Companies to get Government Aid with 40% Equity Stipulation
http://economictimes.indiatimes.com/articleshow/1171451.cms

Forum to Resolve Aid Issues Between India and the US
http://www.hindustantimes.com/news/181_1435019,00050001.htm

Korea

Korea-Canada Agree to Launch Free Trade Talks
http://times.hankooki.com/lpage/biz/200507/kt2005071520025111880.htm

Philippines

US Allows Allows Duty-Free Imports of Coco Products
http://money.inq7.net/topstories/view_topstories.php?yyyy=2005&mon=07&dd=14&file=5

Government Posted Budget Surplus in June
http://money.inq7.net/topstories/view_topstories.php?yyyy=2005&mon=07&dd=15&file=2

Thailand

US-Thai Free Trade Pact Examined
http://www.caltradereport.com/eWebPages/front-page-1121673965.html

Thailand Reinforces Control of Bird Flu
http://english1.people.com.cn/200507/17/eng20050717_196608.html


Inside ADB

Can Asia Reach the Millennium Development Goal on Access to Water and Sanitation by 2015?
One in three Asians does not have access to safe drinking water and adequate sanitation. Innovative ADB-funded projects in Pakistan, Nepal, People's Republic of China, and Cambodia pave the way.
http://adb.org/Documents/News/2005/nr2005095.asp

High-level Meeting on WTO Key Doha Round Issues: 3-5 August, Osaka
The main objective of the meeting is to provide developing Asian member countries with the tools to formulate negotiations in such areas as market access, agriculture, trade in services and trade facilitation.

For more details including agenda and presentations:
http://adb.org/Documents/Events/2005/High-Level-Meeting-on-WTO/default.asp

ADB Approves $55 Million Loan for Afghanistan's Primary Road Rehabilitation
The Asian Development Fund grant to rehabilitate the country's primary road network - damaged after two decades of war and neglect - represents a small portion of the $4.5 Billion needed to reach the government target of 32% paved roads by 2010.
http://adb.org/Documents/News/2005/nr2005093.asp


Results Matter: Ideas and Experiences on Managing for Development Results

Countdown to 2015: Momentum Proves Elusive The Global Monitoring Report: 2005, a joint publication of the World Bank and IMF, warns of the real possibility that many countries will not achieve any of the Millennium Development Goals - international targets to reduce poverty, disease, and illiteracy by the year 2015.

To read the full report: http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:20443544~pagePK:64257043~ piPK:437376~theSitePK:4607,00.html


Employment Opportunities
http://www.adb.org/Opportunities/default.asp

Events In North America
http://www.adb.org/NARO/events.asp

Events In Asia & The Pacific & Europe
http://www.adb.org/News/calendar.asp


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