The Hon’ble Finance Minister, Lyonpo Namgay Dorji led the Bhutanese delegation to the First High Level Follow – up Dialogue on Financing for Development in Asia and the Pacific Region which was held on 30th – 31st March 2016 in Incheon, the Republic of Korea. The objective of this dialogue was to discuss the strategies for the implementation of the Agenda in Asia and the Pacific Region, with a focus on six key issues; regional tax cooperation, capital markets, institutional investors, financial inclusion, climate finance and South-South cooperation and triangular development cooperation. This dialogue provided policy recommendations for a regional plan of action on financing for development.
The event was co-hosted by the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) and the Ministry of Foreign Affairs of the Republic of Korea. It was also attended by high-level representatives from other countries, including Ministers of Finance, Foreign Affairs and Development Cooperation, as well as all relevant institutional stakeholders, non-governmental organizations and business sector entities.