OAS wants global recognition for small states at G-20
Assistant Secretary General Albert Ramdin says the voices of small economies must be represented at this level as discussions progress on measures to address economic issues.
PORT OF SPAIN, Trinidad, Monday August 29, 2011 – Assistant Secretary General of the Organization of American States (OAS), Ambassador Albert Ramdin, says the time has come for small states and smaller economies to be officially included in deliberations of the G20 – the Group of 20 Finance Ministers and Central Bank Governors from 20 major economies.
His call followed recent meetings in Trinidad and Tobago with the twin-island republic’s Finance Minister and Chair of the World Bank Small States Forum, Winston Dookeran.
"It is in the interest of all to be inclusive and not exclusive,” said Ramdin. “In this inter-dependent world the voices of small economies must be represented at this level as discussions progress on measures to address economic issues. Small economies need to be represented at the global table.”
Dookeran has already issued a call to the International Monetary Fund (IMF) to pay special attention to small states.
“Recent developments have revealed the additional frailties and vulnerabilities of Small States to natural disasters and financial collapse. Small States everywhere are facing specific challenges that deserve greater attention at the international level,” he said.
Assistant Secretary General Ramdin said leaders of smaller economies must also be encouraged to balance both caution and creativity.
“We must all become more resourceful and creative with what we have in hand, while acting responsibly and carefully,” he said.
While in Trinidad, Ramdin also held discussions with Trade Minister Stephen Cadiz on concrete initiatives to expand CARICOM trade markets.