Reaffirms the importance of reducing the transfer costs of migrant remittances, facilitating their flow and, as appropriate, encouraging opportunities for development-oriented investment in recipient countries by beneficiaries that are willing and able to do so;
2
EncouragesGovernments and other relevant stakeholders to consider adopting measures, in accordance with national legislation, that facilitate migrant remittance flows to recipient countries, including through, inter alia:
a
Simplifying procedures and facilitating access to formal means of remittance transfers;
b
Promoting access to, and awareness of the availability and use of, financial services for migrants;
3
Invitesdevelopment partners and relevant international organizations to support developing countries in their capacity-building efforts to facilitate the flows of migrant remittances;
4
Looks forward to the High-level Dialogue of the General Assembly on International Migration and Development to be held in 2006, which will offer an opportunity to discuss the multidimensional aspects of international migration and development in order to identify appropriate ways and means to maximize its development benefits and minimize its negative impacts;
5
Invitesinterested countries to voluntarily convey to the Secretary-General information on their practices, initiatives and proposals in regard to the facilitation and the reduction of the cost of migrant remittances, in the context of the preparation of the Secretary-General’s comprehensive overview for the High-level Dialogue.
