Bangladesh Delegates must demand UN political body to stop illicit capital flow
NGO News Report :: Rights groups, labour and farmers organizations on the eve of Addis Ababa conference on development financing
Bangladesh Delegates must demand UN political body to control stop capital. Today 28 rights, labour and farmers’ organizations demanded that, Bangladesh delegation to UN Addis Ababa Conference on Finance for Development to be held during 13-16 July, should propose a UN political body to control illicit capital flow.
They also demanded a UN initiative to organize global summit with participation of all countries in this regard. The organizations placed the demands from a press conference held today in the National Press Club.
The press conference titled ‘Appeal to Bangladesh delegation on the eve of Addis Ababa conference on development Financing: Demand international political body to control illict capital flow’ was moderated by Rezaul Karim Chowdhury of EquityBD, while key note was presented by Sayed Aminul haque of the same organziation. Among others, M Fayez of Jatiyo Sramik Federaion, Aminur Rasul Babul of Unnayan Dhara Trust, Md. Mujibul Haque Munir of Bangladesh Peasant Coalition, Mustafa Kamal Akanda of COAST Trust also spoke at the occassion.
In his key note presenation Aminul Haque said, rich countries have common but different responsibiities reagrding the poverty eradication of the poor countres . In SDGs there is a proposal of mobilizing domestic resources. But domestic resource mobilization can’t be effective if there is no appropriate measures to control global tax dodging and illicit capital flight. The organizers also deamanded elimination of global discriminatory trade rules.
From the press conference some other specific demands were also placed such as: Elimination of double taxation policy, Rich countries must provide 1.0% of their GNI for the development of the poor countries, foreign aid must be unconditional, public investment in the service sector must be expedite, foreign debt of poor countries must be cancelled.
Rezaul Karim Chowdhury said, Due to ‘Race to Bottom Practice’ among many countries, especially among developed countries, countries like Bangladesh is losing huge amount of capital that is more then foreign aid. So, Bangladesh delegates must demand an international tax and bank transparency standard, which should be set by UN or a global body.
M Fayez said, rich countries must be honest to their commitment in supporting least developed countries. Aminur Rasul Babul said, for a country like Bangladesh development financing is very important as for its problem like climate change impact Bangladesh is not at all responsible.
The press conference was jointly organized by Online Knowledge Society, BILS, EquityBD, Udayan Bangladesh, Unnyayan Dhara, ADB International, CLEAN, Jatiyo Sramik Jote, Readymade Garment Workers’ Federation, Banchte Shekha Nari, Bangladesh Krishak Federation, Bangladesh Bhumihin Somity, Bangladesh Sramik Federation, Development Synergy Institute, Awaz, Jono Oddyan Kendro, Bangladesh Sromik Federation, Bhasoman Nari Sramik Union, Jago Bangladesh garments Sramik Federation and Mehenoti Garments Sromik Federation.
