Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698745320202.pdf (Micronesia, Federated States of)
SEVENTEENTH CONGRESS OF THE FEDERATED STATES OF MICRONESIA SIXTH REGULAR SESSION, 2013 C.R.

NO.

17-204 A RESOLUTION Approving the FSM’s membership to the International Fund for Agricultural Development (IFAD).
1 WHEREAS, IFAD is a specialized agency of the United 2 Nations and was established at the World Food Conference on 13 3 June 1976 in Rome, Italy; and 4 WHEREAS, the Agreement Establishing IFAD was opened for 5 signature, on 20 December 1976, in New York for original 6 members; and 7 WHEREAS, Section 1(a) of Article 3 of the Agreement 8 Establishing IFAD provides that membership of the fund shall be 9 open to any Member State of the United Nations or any of its 10 specialized Agencies; and 11 WHEREAS, IFAD’s overall goals are to reduce poverty, and to 12 improve food security and nutrition of people living in rural 13 areas in developing countries, primarily by focusing on 14 agricultural and rural development; and 15 WHEREAS, IFAD is the leading multilateral investor in the 16 livelihoods of poor rural producers in developing countries 17 worldwide particularly, those in remote areas that are affected 18 by environmental degradation and climate change; and 19 WHEREAS, IFAD supports projects in a number of difference 20 areas including, agricultural development, financial services, 21 rural infrastructure, livestock, fisheries, capacity and CRL 17-216 C.R.
NO.
17-204 1 institution building, storage/food processing/marketing, 2 research, extension training, and small and medium enterprise 3 development to improve food security and nutrition and raise 4 incomes and improve livelihoods of communities; and 5 WHEREAS, the amount of work and challenges facing the 6 Federated States of Micronesia in agriculture development and 7 reducing poverty are enormous, and the human and financial 8 resources to undertake these tasks are limited; and 9 WHEREAS, being a member would allow the FSM to access 10 IFAD’s financial resources and be eligible to benefit from a 11 mix of low interest loans and grants to support agricultural 12 and rural development programs and projects; and 13 WHEREAS, IFAD’s mandate is highly relevant to the FSM’s 14 international obligations with respect to meeting the 15 Millennium Development Goals (MDGs) particularly, MDGI reducing 16 the proportion of hungry and extremely poor people by 2015 and 17 MDG3 by strengthening gender and women’s rights; and 18 WHEREAS, IFAD’s operations are further relevant to the FSM 19 environment and water issues and to the sustainable use of 20 natural resources and to climate change; and 21 WHEREAS, section 2(b) of Article 3 of the Agreement 22 provides that any State eligible to become a member of IFAD 23 that is not an original signatory to the Agreement may become a 24 non-original member upon the approval of its membership by the 25 Governing Council of IFAD and by depositing an instrument of 2 of 3 C.R.
NO.
17-204 1 accession to the aforementioned Agreement; and 2 WHEREAS, pursuant to section 1(b) and (c) of article 13 of 3 the Agreement Establishing IFAD provides that the amount of an 4 initial contribution of an original and non-original Member 5 shall be the amount and in the currency or such contribution 6 specified by the Member in its instrument for ratification, 7 acceptance, approval or accession deposited by that Member; 8 now, therefore, 9 BE IT RESOLVED by the Seventeenth Congress of the Federated 10 States of Micronesia, Sixth Regular Session, 2013, that the 11 Congress hereby approves the FSM’s membership into IFAD and 12 intends to contribute the amount of $500.00/annum to the Fund’s 13 resources; and 14 BE IT FURTHER RESOLVED that certified copies of this 15 resolution be transmitted to the President of the Federated 16 States of Micronesia, the Vice President of the Federated 17 States of Micronesia, the Governor of each State, the Presiding 18 Officers of the State Legislatures, the Secretary of Foreign 19 Affairs, the Secretary of the Department of Resources and 20 Development, the Secretary of the Department of Justice, and 21 the Secretary of the Department of Finance and Administration.
22 23 Date: 1/14/13 Introduced by: /s/ Florencio S. Harper 24 25 Florencio S. Harper (by request) 3 of 3