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| Qatar, UN agencies to host high-level meeting on improved management of oil and gas in developing countries ECA Press Release No. 13/2007 Addis Ababa 17 August 2007 (ECA) - The United Nations Development Programme Special Unit for South-South Cooperation (UNDP-SU/SSC), in collaboration with the State of Qatar and the United Nations Economic Commission for Africa (ECA), will convene a high-level meeting from 8 to 10 September 2007 in Doha to assist new oil and gas economies to effectively use their resource to promote growth and development. The high-level meeting will bring together senior government officials and senior executives from about 60 current and prospective oil and gas producing countries around the world. Participants will share experiences and best practices on the multiple issues associated with the management of the hydrocarbon sector in developing countries including macro-economic concerns and challenges, institutional capacity and forward-planning; management and allocation of oil and gas revenues as well as public-private collaboration and contractual issues. The high-level meeting, that is initiated within the framework of South-South cooperation, will, among other expected outcomes, develop concrete project proposals to assist low-income countries at various stages of oil and gas exploration to use future revenues for poverty reduction and social development. Earlier this year in Addis Ababa, ECA and the African Development Bank organized a Big Table on “Managing Africa's Natural Resources for Growth and Poverty Reduction” which brought together African Ministers and their counterparts from OECD countries who are responsible for natural resources management, for informal discussions on how to better manage Africa's natural resources for economic growth and poverty reduction on the continent.
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