(Brussels, 23/06/2014) The European Foreign Affairs Council adopted conclusions on the private sector’s role in international development today at a meeting in Luxembourg.

 

Commenting on behalf of CONCORD was Ad Ooms, chair of the CONCORD Taskforce on Private Sector and Development, who said:

 

“We welcome the conclusions of the council on the role of private sector in development, we recognize many points that we – as civil society organizations –   consider as important: such as that support for private sector should be based on principles for effective development cooperation and be in line with a human rights base approach. We appreciate the call for increased focus on support to micro-, small- and medium-sized enterprises (MSMEs), as well as to place particular emphasis on women’s and youth entrepreneurship. However, all depends on how the actions proposed in the communication are implemented. That is why it is very important continue to monitor, measure and evaluate the impact of projects and programmes related to private sector development as stated in the conclusions of the council.”

 

ENDS

 

1. CONCORD is the European confederation for Relief and Development, representing over 1,800 NGOs to the European institutions.
2. Council conclusions on the role of the private sector in development: http://www.consilium.europa.eu/uedocs/cms_Data/docs/pressdata/EN/foraff/143315.pdf (original version – EN)
3. CONCORD’s reaction to the EC Communication: http://concordeurope.org/2014/05/13/a-stronger-role-of-the-private-sector-in-achieving-inclusive-and-sustainable-growth-in-developing-countries/