What will be left of the principle of liberty, which includes the right to self-determination, when faced with Articles 6 to 19 which confuse this with personal rights and the simple power to demand a service from others?

3. The concept of assignment in this Article includes outright transfers of claims, transfers of claims by way of security and pledges or other security rights over claims.

3. The concept of assignment in this Article includes outright transfers of claims, transfers of claims by way of security and pledges or other security rights over claims.

9. Considers that fundamental institutional changes should be promoted in developing countries and must include building capacity for the provision of: technical assistance, bodies which encourage social reforms (such as agrarian reform) legal security, measures to combat corruption,protection of property ownership and rights, properly functioning courts (particularly for small claims) access to justice, a banking network with easy access to opening bank and savings accounts for small account holders, the empowerment of SMEs through the easy formation of limited liability companies, limited partnerships, accounting, auditing and bookkeep ...[+++]ing functions, the availability of incubator, micro-credit, venture, and development capital and loans, the establishment of an information technology sector, training centres and schools for basic computer operations and the establishment of technical colleges and business schools;

3. Warmly welcomes the European Union’s decision to support the international initiative to help the most highly indebted countries; believes, however, that it must make further efforts to reduce debt, which might involve simply writing off the debts owed to it by the least developed countries;

The aim of this procedure is to avoid the path of simple debt forgiveness which was, hitherto, an impassible psychological barrier and on the other hand might adversely affect the EC's reputation as a preferred creditor and, hence, its credit status.