UN approves Israeli entrepreneurship resolution

Israeli-initiated resolution sees affirmation that entrepreneurship is a critical development tool; hailed as diplomatic victory.

United Nations General Assembly 370 (R) (photo credit: Chip East / Reuters)
United Nations General Assembly 370 (R)
(photo credit: Chip East / Reuters)
The United Nations on Friday approved an Israel-initiated resolution in which the international body affirmed for the first time that entrepreneurship was a critical development tool.
The UN Second Committee adopted the “Entrepreneurship for Development” resolution by a 129-31 vote.
In response to the vote, Israeli Ambassador to the UN in New York Ron Prosor said the committee had sent “a clear and simple message: Entrepreneurship is a primary pathway to sustainable economic growth for all.”
The mission in New York explained that the resolution was a shift in the UN’s development strategy, from providing aid to empowering people in developing countries to help themselves through entrepreneurship.
Last year, the UN also supported an Israeli resolution on agricultural technology.
Israel hailed Friday’s vote as a diplomatic victory, given that the UN often attacks Israel rather than supports it.
Prosor chastised the UN’s Arab Group for voting against it, noting that “few places could benefit from entrepreneurship more than the Arab world.
“Every Arab delegate who voted ‘no’ is sending the message that he cares far more about petty politics than human prosperity,” Prosor said, adding that the resolution offered hope to people around the world, from the mountains of Nepal to the sands of the Sahara Desert.
“Regardless of size, every business venture – from a small start-up in the Amazon to the next Amazon.com – must be given the chance to thrive,” the Israeli ambassador continued.
“Israel’s story shows that if you want stability, empower your people. If you want prosperity, invest in your citizens.”