INTERNATIONAL LABOR ORGANIZATION APPROVED GLOBAL EMPLOYMENT PACT

/PanARMENIAN.Net/
20.06.2009 13:13 GMT+04:00

/PanARMENIAN.Net/ International Labor Organization (ILO) has finished
its four-day summit in Geneva, UN Press Service reports.

Document calls for creating a stronger and more flexible global
system controlling financial sector and promoting world economic
growth. Its functions will also extend to supporting entrepreneurial
initiatives and acceptable employment terms and maintaining citizens’
pensions. Authors of the pact want markets and trade to be free from
protectionism and provide accessibility to all. Document also calls for
developing alternative energy sources and promoting new job openings.

Authors of the Global Pact find that Governments should make
investments in public infrastructure, elaborate special employment
programs, strengthen social protection system and adopt laws on minimal
salary. Such measure are especially important for developing countries
as they may help combat poverty and increase consumer demand. Pact
authors also call on member states and humanitarian organizations to
allocate resources for implementing the recommendations proposed.

Employers, trade unions and governments have adopted real and
practical solutions towards overcoming crisis, Daniel Funes Riocha,
ILO Crisis Management Committee’s chair said. "Real work begins now,"
he stated. "ILO, trade unions, employers and especially governments
are now required to fit the proposals to real frameworks to open
new workplaces for promoting economic growth and increasing the
population’s income," he said.

ILO 3-day summit was attended by 4 thousand delegates from 183 world
countries.