Formulating agreed guidelines for sovereign lending and borrowing is the first step in the process of preventing future sovereign debt problems. UNCTAD aims to build consensus around a set of internationally agreed guidelines to promote responsible sovereign lending and borrowing.
The Conference will provide an occasion for senior government officials including Ministers, central bank governors and high level representatives of international organizations to discuss the first draft of the Principles for Promoting Responsible Sovereign Lending and Borrowing.
The conference is intended to be the starting point for an international dialogue under the auspices of the United Nations to work towards an internationally agreed set of responsible principles.