Sunday, 15 June 2008

To support Timorese economy, UN mission aims to increase local purchasing

UN News Centre

To support Timorese economy, UN mission aims to increase local purchasing

12 June 2008 – The United Nations Integrated Mission in Timor-Leste (UNMIT) is aiming to increase its support for long-term economic recovery in the fledgling nation by increasing purchasing of goods and services available in the country.

The Mission is supporting the Buy Local: Build Timor-Leste campaign by encouraging its staff members to spend their money locally in support of businesses in their communities. The campaign is an initiative of the Peace Dividend Trust, following a study by the Department of Peacekeeping Operations (DPKO) in 2005 that found that increasing peacekeeping and partners’ expenditure in post-conflict States has a positive effect on local economies by creating employment and building the private sector capacity.

The Mission itself is also purchasing locally where possible and is working to assist local businesses meet the standards and procedures required to bid for UNMIT contracts. Atul Khare, the Secretary-General’s Special Representative in Timor-Leste and head of UNMIT, urged everyone at the Mission to buy locally and increase support to local businesses.

"The stimulation of the private sector is essential for the socio-economic growth of Timor-Leste and we support the initiatives of the Peace Dividend Trust," he said.

The Peace Dividend Trust is now working in two countries – Timor-Leste and Afghanistan – and is looking to increase its presence in other countries where there are UN peacekeeping operations.

http://www.un.org/apps/news/story.asp?NewsID=27004&Cr=timor&Cr1=