<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <html><head> <meta content="text/html; charset=utf-8" http-equiv="Content-Type"> </head>Queremos firmar como quiendebeaquien?<br/><br/>Besos<br/><br/>Iolanda<br/><p>-- <br/>Iolanda Fresnillo<br/>Observatori del Deute en la Globalització<br/>www.odg.cat<br/>iolanda.fresnillo@odg.cat<br/>93 301 17 93<br/>C. Girona 25 principal<br/>08010 Barcelona</p><hr/><div><b>From: </b> lnacpil@gmail.com
</div><div><b>Date: </b>Fri, 26 Aug 2011 01:19:49 -0400 (EDT)</div><div><b>To: </b><illegitimatedebt-campaign-news@lists.democracyinaction.org></div><div><b>Subject: </b>[IllegitimateDebt-Campaign-News] Please support the call for a
Debt-Free East Timor!</div><div><br/></div><div>
<div class="Section1">
<p style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; mso-bidi-font-size: 11.0pt"><font color="#000000" face="verdana,sans-serif">Dear friends and colleagues -</font></span></p>
<p style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; mso-bidi-font-size: 11.0pt"><font color="#000000" face="Verdana"></font></span> </p>
<p style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; mso-bidi-font-size: 11.0pt"><font color="#000000" face="Verdana">Please find below a sign-on statement initiated by East Timor organizations and movements with support from international allies. It is addressed to the government of East Timor. We urge you to join the list of signatories.</font></span></p>
<p style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; mso-bidi-font-size: 11.0pt"><font color="#000000" face="Verdana"></font></span> </p>
<p style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; mso-bidi-font-size: 11.0pt"><font color="#000000" face="Verdana">Many thanks,</font></span></p>
<p style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; mso-bidi-font-size: 11.0pt"><font color="#000000" face="Verdana"></font></span> </p>
<p style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; mso-bidi-font-size: 11.0pt"><font color="#000000" face="Verdana">Lidy</font></span></p>
<p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" class="MsoNormal" align="center"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; FONT-SIZE: 16pt; mso-bidi-font-size: 11.0pt"></span> </p>
<p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" class="MsoNormal" align="center"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; FONT-SIZE: 16pt; mso-bidi-font-size: 11.0pt"></span> </p>
<p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" class="MsoNormal" align="center"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; FONT-SIZE: 16pt; mso-bidi-font-size: 11.0pt">For a Debt-Free East Timor!</span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; FONT-SIZE: 10pt; mso-bidi-font-size: 11.0pt"> </span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri">We, the undersigned Timor-Leste and international organizations, urge the government of Timor-Leste to keep the nation debt-free and refrain from borrowing money from international lenders.</font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 7pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri"> </font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri">We do not take this position to hold Timor-Leste back, but to protect its future generations. Rather than repeat the mistakes of other developing countries that have struggled with debt during recent decades, Timor-Leste should learn from their experiences, which often inflicted great hardships on their people. This is especially important because of Timor-Leste’s high dependence on exporting non-renewable oil and gas wealth, a resource which will run out soon.</font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 8pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri"> </font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri">More than thirty years ago, lenders made loans to developing countries, creating unsustainable debt and causing the "debt crises" of the 1980s and 1990s. Today, creditors continue to drain scarce resources that could have been spent on essential services like health care, education, water and sanitation. International financial institutions - like the IMF and the World Bank - forced countries which owed them money to implement so-called austerity measures, demanding cuts in public services in order to repay debt. This has included the privatization of state services like water and electricity. </font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 7pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri"> </font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri">The poorest and most vulnerable members of society have been forced to pay more for essential services, and salaries of public servants have been lowered. Even when loans are made at concessional interest rates, borrowing countries are legally obligated to repay the principal before spending money on their people’s needs.</font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 8pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri"> </font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri">Some argue that revenue from Timor-Leste’s oil and gas wealth can provide a cushion against which to borrow. History proves such thinking is wrong. The more oil a country produces and the greater its dependence on petroleum exports, the more debt that country is likely to accumulate – and Timor-Leste today is the most petroleum-export-dependent country in the world, with oil and gas providing 95% of state revenues. </font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 7pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri"> </font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri">Oil prices and interest rates are very volatile and beyond Timor-Leste’s control, leaving it especially at risk, as petroleum revenues will decline and interest rates may rise while loans are still being paid back. When Timor-Leste's oil and gas run out in less than 15 years, and debts still must be repaid, Timor-Leste’s children and grandchildren will suffer the consequences.</font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 7pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri"> </font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri">In most developing countries with oil resources, worsening economic and development conditions with little long term benefit are the result, including increased conflict, impoverishment, and corruption. Timor-Leste should avoid such a tragedy by learning from other’s experiences, not repeating them.<span style="mso-spacerun: yes"> </span>The Democratic Republic of Timor-Leste began life in 2002 without owing money to anyone. For the sake of an equitable, prosperous, and environmentally sound future for today’s and tomorrow’s children, Timor-Leste should remain debt-free. </font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 7pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri"> </font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin"><font face="Calibri">We urge Timor-Leste’s leaders and international institutions to use other ways to finance the country’s much-needed development.</font></span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt"> </span></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt">East Timor </span></p></div>
<span style="FONT-FAMILY: 'Calibri','sans-serif'; FONT-SIZE: 11pt; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-language: EN-US; mso-ansi-language: EN-PH; mso-bidi-language: AR-SA"><br style="PAGE-BREAK-BEFORE: auto; mso-break-type: section-break" clear="all">
</span>
<div class="Section2">
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">La'o Hamutuk</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">Hasatil (Haburas Agrikultura Sustentavel Timor-Leste)</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">ETADEP (East Timor Development Action and Peace)</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">Haburas Foundation</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">Mata Dalan Institute (MDI)</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">Ponta-Leste Watch((PLW)</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">Community Development Interest (CDI)</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">Movimento Kontra Deve (KONDENA)</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">Fundasaun Mahein</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">Instituisaun Edukasaun Popular (IEP)</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">Front Mahasiswa Timor-Leste</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">Movimentu Estudantes Fakuldade<span style="mso-spacerun: yes"> </span>Ekonomia -Timor-Leste (MEFE-TL)</font></p>
<p style="MARGIN: 0in 0in 0pt; mso-pagination: none" class="MsoNormal"><font size="3" face="Calibri">KNUA HABERAN COMUNIDADE (KHC)</font></p></div><span style="FONT-FAMILY: 'Calibri','sans-serif'; FONT-SIZE: 11pt; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-language: EN-US; mso-ansi-language: EN-PH; mso-bidi-language: AR-SA"><br style="PAGE-BREAK-BEFORE: auto; mso-break-type: section-break" clear="all">
</span>
<div class="Section3">
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><span style="FONT-FAMILY: 'Franklin Gothic Demi Cond','sans-serif'; COLOR: #c00000; FONT-SIZE: 12pt; mso-bidi-font-size: 11.0pt">International and other Countries:</span></p>
</div><span style="FONT-FAMILY: 'Calibri','sans-serif'; FONT-SIZE: 11pt; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-language: EN-US; mso-ansi-language: EN-PH; mso-bidi-language: AR-SA"><br style="PAGE-BREAK-BEFORE: auto; mso-break-type: section-break" clear="all">
</span>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">East Timor and Indonesia Action Network (ETAN), USA</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Jubilee South Asia Pacific Movement on Debt and Development (JSAPMDD)</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Sustainable Energy & Economy Network/Institute for Policy Studies</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3"><font face="Calibri"><span style="mso-spacerun: yes"> </span>USAAidwatch, AustraliaProceso de Comunidades Negras (Palenke Alto Cauca) Colombia</font></font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Civil Society Forum for Climate Justice, Indonesia</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">JATAM (Jaringan Advokasi Tambang)/ Indonesia Mining Advocacy Network</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">JATAM/Friends of Earth (FoE) of East Java</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Pantau Foundation, Indonesia</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">WALHI - Friends of The Earth Indonesia</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Jamaa Resource Initiatives, Kenya</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Foundation ProPapua, The Netherlands</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Swedish East Timor Committee</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Justice for Palestine Matters, Sydney, Australia</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Jubilee USA Network</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Jubilee NW, USA</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Baltimore Nonviolence Center, USA</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Global Network Against Weapons & Nuclear Power in Space </font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">Green Delaware , USA</font></p>
<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"><font size="3" face="Calibri">EARTH (Ecological Alert and Recovery-Thailand)</font></p></div>
<div> </div>
<div> </div>
<div><br clear="all"><br>-- <br>Lidy Nacpil<br>Coordinator<br>Jubilee South - Asia/Pacific Movement on Debt & Development (JSAPMDD)<br>Telefax 632-9253036<br>34 Matiyaga Street, Central District, Quezon City, Philippines 1100<br>
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