Russia has used the gas issue as a foreign policy instrument.

Closely related to ODA is the issue of external debt.

A third crucial issue was debt relief for poor countries.

It is an immoral debt and a profound human rights issue.

Furthermore, we must address and objectively analyse the issue of debt.

This would be an opportune time for governments to issue more inflation indexed debt, to begin issuing it, or to issue nominal GDP linked debt, which is analogous to it.

The issue of debt work out mechanisms was also an important part of debt sustainability considerations and merited further discussion.

One advantage of the approach was said to be that it separated the issue of scope of application of the draft instrument from the issue of derogation from certain of the specific provisions of the draft instrument.

This election season, the most important issue is the economy and the debt.

In the absence of any legally binding instrument on that issue, such cooperation was entirely voluntary.

Secondly, we welcome the handling of the debt issue through the outright cancellation of the debt of 18 of the poorest countries.

And it probably would require that the EU be able to issue sovereign debt.

Importantly, there is also a United Nations instrument specifically on the issue of abduction or enforced disappearance.

Issue 2 Under what conditions should it be possible to derogate from the provisions of the draft instrument?

(i) Look at and beyond the issue of how many States have become parties to a particular instrument

70. The second issue was whether provisions on dispute settlement should be included in the instrument being prepared.

Greater efforts are also needed to deal with the debt issue more decisively and effectively.

Furthermore, it was emphasized that the issue of debt sustainability must continue to receive special attention, because it goes beyond the policies of debt remission.

India, therefore, ideally favours a legally binding instrument and the inclusion of ammunition and explosives within the scope of the instrument in order to tackle the issue in a comprehensive manner.

It also sets a limit on how much debt the US Treasury is allowed to issue.

The bigger issue is the debt overhang that has forced European governments to pursue this course.

Hungary has many reasons to be sensitive to the issue of the political consequences of debt.

The issue of external debt is primary in its constraining effects on economic growth in Africa.

You could have a financial instrument, maybe some kind of debt instrument you're lending money to someone else, so maybe, maybe you buy a bond, which is essentially you lending money to someone else.

Several panellists raised the issue of whether it was necessary to develop a new international instrument against computer related crime.

As far as the debt problem of the developing countries was concerned, he noted that while there was no systemic danger, debt nevertheless remained a serious issue.

This would be tantamount to a fiscal union, which could be empowered to issue Eurobonds, coupled with ex ante control of the issue of public debt.

First there is the issue of how fast to reduce government deficits and the accumulation of public debt.

But there were also calls for action on the issue of debt in all heavily indebted African countries.

International Conference on Financing for Development, Monterrey, Mexico, March 18 22, special focus on thematic issue International Debt.

The Government of Iraq must conclude further debt relief agreements and must also find a comprehensive solution to the issue of reparation obligations, which significantly exceed the external debt stock.

Another issue was the type of instrument to be developed, in other words, whether it should be a United Nations convention, an additional protocol to the Geneva Conventions of 1949, or some other legally binding instrument.

It may even lead to the US no longer being viewed as a good place to issue sovereign debt.

The international community must find a solution for an issue that has bedeviled development efforts for two decades debt.

This could have been a straight debt from a bank, or this could have been via a bond issue.

HIPC is a limited instrument and not intended as a panacea. The HIPC Initiative is a debt reduction programme and, as already noted above, was not intended as offering a comprehensive solution to long term debt sustainability.

And the longer America s politicians take to resolve the debt ceiling issue, the greater the risk of an inadvertent accident.

Such measures should include substantial debt cancellation or conversion into grants and or other innovative schemes such as the use of reserves, a new issue of special drawing rights and debt swaps.

69. Turning to the recurring issue of external debt, he said that although the least developed countries had received significant debt relief, much more needed to be done before their debt level would fall to the point where they could initiate sustainable development.

Issue 3 Should there be mandatory provisions of the draft instrument from which derogation should never be allowed, and if so, what were they?

But Ireland, with previously modest deficit and debt levels, also suddenly and unexpectedly faces the same kind of issue, owing to the government s need to take over private debt from the banking sector.

Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.

Invite the Bretton Woods institutions to consider the issue of debt sustainability and the implications of an HIPC initiative for Haiti.

11. They recognized the importance of making trade and environment mutually supportive, as well as of effectively addressing the debt issue.

There is also the unresolved question of how much the periphery countries really should be asked to pay on their debilitating debt burdens, whatever the tax instrument.