A number of Pacific island countries have earned significantly more revenue through the extraction of natural resources like oil, gas and minerals and the expectations for future development in this area are also high, a meeting for Pacific islands to discuss managing resources from extractive industries to advance human development said Monday.
three-day "Pacific Symposium on Managing Extractive Industries in
Pacific Island States to Improve Human Development" that was held in the
Fijian resort town and was attended by more than 60 participants was a
follow up to an international meeting held in Mongolia in 2011 in which
representatives from Fiji, Papua New Guinea (PNG) and Timor Leste
symposium agenda featured some of the key issues that were discussed in
Mongolia, such as, spending and investment policies; revenue management
systems; conflict prevention; governance arrangements, environmental
impacts; and managing the so-called Dutch Disease.
"What will be important is to see how these issues might be best addressed in a Pacific island context,tyre equipments a context where environmental sustainability,Antique bath fixtures land
ownership and community resilience often take on very personal meanings
because of cultures and traditions and the relatively small size of
some of the countries where extractive industry opportunities exist,"
said United Nations Development Programme (UNDP) deputy assistant
administrator and deputy regional director for Asia and the Pacific
Nicholas Rosellini during the keynote address.
symposium is an opportunity for Pacific government officials and
regional and international experts to learn from each other, to learn
from both the successes and mistakes of the past and begin a process to
design more effective policies and systems for the future," said
Seruiratu, Fiji's Minister for Agriculture, Fisheries and Forests and
Minister for Provincial Development and National Disaster Management,
welcomed the participants.Vintage tubs
all share a common vision regarding the extractive industries, that is
to grow and generate more revenue for our countries and have its
benefits trickle down to our grassroots people. Additionally, we must
ensure that this shared vision encompasses good governance,How efficient
and environmentally friendly processing prepreg production
is important part of the mobile artificial aggregate processing system
will be greatly reduced as the traditional manual excavation of sand and
gravel processing system. sound management of revenues, safeguarding of
landowners' interests and environment sustainability," said Seruiratu,
adding he looked forward to the session on day two, on the theme "Land
and natural resources in the Pacific."
customary owners continue to believe that mineral found on their land
is their property and not state-owned. Hence the strong belief that they
are entitled to any monetary benefits derived from those minerals.
Practically when this does not happen, they are disillusioned and that
is causing a lot of tensions and violence in some of our Pacific island
countries. Fiji is no exception. This is an opportune time for this
symposium to work out the best approach to harmonize these
misunderstandings in order to encourage further potential growth in the
extractive industry," Seruiratu said.
at the symposium, the United Nations resident coordinator and UNDP
resident representative Knut Ostby said the extraction of natural
resources and practices, if not managed properly, could also be
associated with the so called "resource curse,Auto Accessories wholesalers"
which has resulted in economic decline, environmental degradation,
political instability, exploding inequalities and domestic conflict in
certain countries and areas.
extractive industries progress globally on many fronts, it is important
that extraction of minerals in the Pacific takes into account the
special opportunities and vulnerabilities that exist in small island
states. Experiences and technologies from other parts of the world are
welcome and will help us move forward, but unless these are adjusted to
Pacific and local realities, they risk in some cases to do harm rather
than good," said Ostby.
Pacific symposium was attended by senior government officials from Cook
Islands, Fiji, Papua New Guinea, Bougainville, Solomon Islands, Tonga,
Vanuatu, Timor-Leste, Nauru, as well as by representatives from
extractive industry firms already operating in the Pacific, regional
agencies and non-government organizations.