Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698745322956.pdf (Micronesia, Federated States of)
EIGHTEENTH CONGRESS OF THE FEDERATED STATES OF MICRONESIA SECOND REGULAR SESSION, 2013 C.R.

NO.

18-70 A RESOLUTION Approving the Federated States of Micronesia’s membership to the International Fund for Agriculture Development, and a contribution of $500.00 annually to the Fund’s resources.
1 WHEREAS, the International Fund for Agriculture Development 2 (IFAD) is a specialized agency of the United Nations and was 3 established at the World Food Conference on 13 June 1976 in Rome, 4 Italy; and 5 WHEREAS, the Agreement Establishing IFAD was opened for 6 signature, on December 20, 1976, in New York for original members; 7 and 8 WHEREAS, Section 1(a) of Article 3 of the Agreement 9 Establishing IFAD provides that membership of the fund shall be 10 open to any Member State of the United Nations or any of its 11 specialized Agencies; and 12 WHEREAS, IFAD’s overall goals are to reduce poverty, and to 13 improve food security and nutrition of people living in rural 14 areas in developing countries, primarily by focusing on 15 agriculture and rural development; and 16 WHEREAS, the IFAD is the leading multilateral investor in the 17 livelihoods of poor rural producers in developing countries 18 worldwide, particularly, those in remote areas that are affected 19 by environmental degradation and climate change; and 20 WHEREAS, the IFAD supports projects in a number of different CRL 18-71 C.R.
NO.
18-70 1 areas including, agriculture development, financial services, 2 rural infrastructure, livestock, fisheries, capacity and 3 institution building, storage/food processing/marketing, research, 4 extension training, and small and medium enterprise development to 5 improve food security and nutrition and raise income and improve 6 livelihoods of communities; and 7 WHEREAS, the amount of work and challenges facing the 8 Federated States of Micronesia in agriculture development and in 9 reducing poverty are enormous, and the human and financial 10 resources to undertake these tasks are limited; and 11 WHEREAs, being a member would allow the FSM to access the 12 IFAD’s financial resources and be eligible to benefit from a mix 13 of low interest loans and grants to support agricultural and rural 14 development programs and projects; and 15 WHEREAs, the IFAD’s mandate is highly relevant to the FSM’s 16 international obligations with respect to meeting the Millennium 17 Development Goals (MDGs) particularly, MDGI reducing the 18 proportion of hungry and extremely poor people by 2015, and MDG3 19 by strengthening gender and women’s rights; and 20 WHEREAS, the IFAD’s operations are further relevant to the 21 FSM’s environment and water issues and to the sustainable use of 22 natural resources and to climate change; and 23 WHEREAS, Section 2(b) of Article 3 of the Agreement provides 24 that any State eligible to become a member of the IFAD that is not 25 an original signatory to the Agreement may become a non-original 2 of 3 C.R.
NO.
18-70 1 member upon the approval of its membership by the Governing 2 Council of the IFAD and by depositing an instrument of accession 3 to the aforementioned Agreement; and 4 WHEREAs, pursuant to Section 1(b) and (c) of article 13 of 5 the Agreement Establishing the IFAD provides that the amount of an 6 initial contribution of an original and non-original member shall 7 be the amount and in the currency or such contribution specified 8 by the member in its instrument for ratification, acceptance, 9 approval or accession deposited by that member; now, therefore, 10 BE IT RESOLVED by the Eighteenth Congress of the Federated 11 States of Micronesia, Second Regular Session, 2013, that Congress 12 hereby approves the Federated States of Micronesia’s membership 13 into International Fund for Agriculture Development and intends to 14 contribute the amount of $500.00 annually to the Fund’s resources; 15 and 16 BE IT FURTHER RESOLVED that certified copies of this 17 resolution be transmitted to President of the Federated States of 18 Micronesia, the Governor of each State of the Nation, the 19 Presiding Officers of each State Legislature, the Secretary of the 20 Department of Foreign Affairs, and the Secretary of the Department 21 of Resources and Development.
22 23 Date: 9/26/13 Introduced by: /s/ Florencio S. Harper____ 24 25 Florencio S. Harper (by request) 3 of 3