VZCZCXYZ0008
RR RUEHWEB

DE RUCNDT #0081 0312349
ZNR UUUUU ZZH
R 312349Z JAN 07
FM USMISSION USUN NEW YORK
TO SECSTATE WASHDC 1241

UNCLAS USUN NEW YORK 000081 
 
SIPDIS 
 
SIPDIS 
 
DEPT FOR IO/EDA AND EB/OMA 
 
E.O. 12958: N/A 
TAGS: EFIN ECOSOC
SUBJECT: INVITATION TO FRB CHAIRMAN BERNANKE TO ADDRESS THE 
UN ECONOMIC AND SOCIAL COUNCIL - APRIL 2007 
 
¶1.  Action request. USUN received January 29 the following 
letter from Ambassador Dalius Cekuolis (Lithuania), incoming 
President of The UN Economic and Social Council (ECOSOC), 
inviting Federal Reserve Chairman Bernanke to deliver a 
keynote address to the UN Economic and Social Council on the 
subject of globalization. USUN strongly supports this 
invitation and requests the Department assist FRB Chairman 
Bernanke in arranging an appropriate date for an April 
keynote address to ECOSOC (UN Headquarters, New York). Text 
of letter follows in para 2. below. End action request. 
 
 
¶2. Begin text: 
 
25 January 2007 
 
Dear Mr. Bernanke, 
 
On behalf of the members of the United Nations Economic and 
Social Council, I have the honor to invite you to deliver the 
special keynote address to the Council on the subject of 
globalization, at a time convenient to you during the second 
half of April 2007. 
 
The Economic and Social Council is a principal organ of the 
United Nations.  Its main function is to serve as the central 
forum for discussing international economic and social 
issues, and formulate policy recommendations addressed to 
Member States and to the United Nations system. 
 
At the 2005 World Summit, world leaders adopted important 
decisions for the realization of the development goals agreed 
at the UN global conferences and summits since the 1990s. 
Together, they have defined the most ambitious development 
agenda in history.  The challenge is delivering on the 
implementation of these commitments. 
 
This challenge is especially relevant in the current 
international context, shaped by the extraordinary reach of 
globalization.  In this regard, we, at the United Nations, 
are very much inspired by your insightful remarks at the 
Jackson Hole conference held in August 2006, highlighting the 
unprecedented scale and pace of global interdependence and 
the challenge for policymakers-and global institutions-to 
ensure that the benefits of economic integration are 
sufficiently widely shared that a consensus for 
welfare-enhancing change can be obtained. 
 
This year's ECOSOC's session offers new windows for building 
such a consensus. 
 
ECOSOC engages Member States and leaders from the public and 
private sectors and from wider civil society in the UN's 
development dialogue.  Previous speakers have included 
economic luminaries, high level officials, and Former Nobel 
Prize winners such as The Honorable Lawrence H. Summers, US 
Treasury Secretary, as well as Amartya Sen and Joseph E. 
Stiglitz. 
 
The Council, and I personally, are sincerely counting on your 
contribution and vision, which would be critical in setting 
the tone for this important year. 
 
Your participation this year will be very important to ensure 
the success of our common endeavor. 
 
Sincerely 
Dalius Cekuolis 
 
Mr. Ben S. Bernanke 
Chairman of the Board of Governors 
of the Federal Reserve System 
Washington, DC, 
WOLFF