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Paul Wolfowitz and Condoleezza Rice praise the Government of Timor-Leste, 27 September 2005

The World Bank President, Paul Wolfowitz, and the US Secretary of State, Condoleezza Rice, praised the development policies of the Timor-Leste Prime Minister, Mari Alkatiri, in meetings on Monday, 26 September, in Washington.

After the annual meetings of the World Bank and the International Monetary Fund, that took place last weekend in the American capital, the Prime Minister met with the President of the World Bank, and, afterwards, with Condoleezza Rice, who as responsibility for the United States' Foreign policy.

At the meeting Mari Alkatiri congratulated Paul Wolfowitz on his new role at the World Bank, which he took up in June. Formerly Wolfowitz was the Secretary of Defence in the American Administration. The Prime Minister invited the President of World Bank to visit Timor-Leste - perhaps during the next Timor-Leste Development Partners' Meeting. Paul Wolfowitz suggested that he would like to come as soon as January or February.

Wolfowitz said he has always followed the developments in Timor-Leste with great interest and he asked the Prime Minister about the key challenges still facing the country. The Prime Minister said that Timor-Leste still needed capacity building assistance and that the rate of unemployment is still a concern. Mari Alkatiri emphasized that there is still a great need for private sector investment (internal and external) and the Justice sector is still weak. The Prime Minister underlined laws that have been introduced recently to support the Economy, like the Investment Law (internal and external) and the Commercial Companies Code.

The meeting took 20 minutes and as it ended the President assuring Prime Minister Alkatiri that the World Bank will continue supporting Timor-Leste. Wolfowitz also praised the good governance initiatives and the efforts of the Timor-Leste to achieve the Millennium Development Goals of the United Nations, by 2015.

Paul Wolfowitz was the US Ambassador for Jakarta from 1986 to 1989. During that time he visited Timor-Leste.

Condoleezza Rice underlines the importance of Timor-Leste's Petroleum Fund

In the meeting with US Secretary of State, the Prime Minister said even though the two countries have a excellent relationship there is always an opportunity to work more closely together and strengthen ties. He praised the USA in the support of the new statehood of Timor-Leste. He noted that the US also plays an important role in the application of democratic principles, human rights, transparency and good governance. He also updated Condoleezza Rice on the challenges facing Timor-Leste and the measures that the Government has putting into place to address these.

Condoleezza Rice demonstrated a solid knowledge of the social and political situation in Timor-Leste. She was very impressed by the work of the Government of Timor-Leste and she made special note of the Petroleum Fund, which will manage the income from Timor-Leste's oil and gas resources. She said that the creation of the Fund would ensure prudent management of funds and rule out opportunities for corruption.

The Secretary of State also stated the Timor-Leste's status is currently being evaluated to see if it is eligible for funding by the "Millenium Challenge Account". The goal of this US fund is to fight poverty around the world by supporting those countries that demonstrate good governance, strong democracy and transparency.

The Prime Minister briefed Condoleezza Rice about the negotiations with Australia on the maritime boundaries and the Timor Sea exploration. He also talked about the relations with Timor-Leste's largest neighbour, Indonesia.

During the half hour meeting, the Prime Minister requested assistance from the United States to train Timorese in doing autopsies and post-mortem skills.

The Timor-Leste delegation, which was headed by the Prime Minister, also included the Minister of Planning and Finance, Madalena Boavida, the Timor-Leste Ambassador for Washington, José Luís Guterres, the minister councillor for Timor-Leste in Washington, Constâncio Pinto, and the director-general of the Banking and Payments Authority, Abraão Vasconselos.

 

 

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