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CHOGM adopts 29-pt declaration

trade, democracy Pledge to support free
EDINBURGH. Oct 27: Commonwealth heads of government concluded a four-day summit here today adopting a 29-point declaration pledging support to free trade and democracy, reports UNB.
The conference in the communique expressed concern about the special problems of the Least Developed Countries (LDCs) in the context of globalisation of economy.
To enable them to share the benefits of globalisation, the Commonwealth leaders invited the donors to work for the target of channelling 0.15 per cent of their GNP for the LDCs.
They also resolved to promote the role of micro-credit, proposed by Bangladesh Prime
Minister Sheikh Hasina. Two proposals of Hasina on expansion of trade and development of micro-credit were incorporated in the Edinburgh declaration.
In Edinburgh, the Commonwealth adopted its first economic communique, making a formal commitment to encouraging free trade and environmental good behaviour.
The heads of government received with satisfaction the attached report of the Chairman of the ministerial group on small states.
They also welcomed the report of an advisory group. A Future Small State: Overcoming Vulnerability, as an important Commonwealth contribution
towards addressing particular concern of small states and agreed on a package of measures to alleviate those concerns.
The leaders in the communique reaffirmed their commitment to the fundamental values of Commonwealth and emphasised that democracy, good governance, sustainable development and respect for human rights and fundamental freedoms are interdependent and mutually reinforcing.
They commended the Commonwealth Parliamentary Association for its work in strengthening the democratic culture and effective parliamentary practices, and its effort to enhance the partlcipation of women in public life.
Heads of the government expressed their belief that an International Criminal Court (ICC) would be an important development in the international promotion of the rule of law.
They in the communique expressed support for the efforts of the UN Preparatory Committee to negotiate a statute for ICC and encouraged participation in those negotiations and in the Plenipotentiary Conference next year by as many Commonwealth countries as possible.
The heads of government accepted with great pleasure the offer of the government of South Africa to host their next meeting in 1999 and the offer of Australia to be host in 2001.