Resources devoted to social development needs to be increased. At the same time efficient and innovative use of existing resources is a must for having better and cost-effective results. We believe that preferential rates for loans for social development projects needs to be established. Full involvement of civil society and the private sector should compliment the work of governments and international organizations in promoting social development. The best results can be achieved through effective partnerships between governments and civil society and through networking among relevant actors of civil society.
Regional cooperation can play an effective role in promoting social development.
Regional commissions are also of considerable significance. In conclusion, let me express our hope that the Copenhagen review process will live upto its expectation and will be another milestone in promoting social development worldwide. I thank you, Mr. President.