A/RES/54/196 Page 2 2. Decides to convene in 2001 a high-level intergovernmental event of political decision makers, at least at the ministerial level, on financing for development, in the context of paragraph 20 of the report of the Working Group; 3. Also decides that the high-level intergovernmental event in 2001 will address national, international and systemic issues relating to financing for development in a holistic manner in the context of globalization and interdependence, and, by so doing, will also address development through the perspective of finance; within this overall context, the event should also address the mobilization of financial resources for the full implementation of the outcome of major conferences and summits organized by the United Nations during the 1990s and the implementation of the Agenda for Development,2 in particular with regard to poverty eradication; 4. Reiterates that, as identified in the report of the Working Group, both the preparatory process and the high-level intergovernmental event should involve the participation of all relevant stakeholders; 5. Decides to establish an intergovernmental Preparatory Committee, open to all States, to carry out the substantive preparations for the high-level intergovernmental event; 6. Also decides that the Preparatory Committee, at its resumed organizational session, based on the results of consultations to be held with all relevant stakeholders in a flexible manner, should consider innovative ways and mechanisms to facilitate the active involvement of all relevant stakeholders in both the preparatory process and the high-level intergovernmental event; 7. Requests the Secretary-General, in consultation with Member States and in the context of paragraphs 20 and 21 of the report of the Working Group and paragraphs 17 and 18 of Economic and Social Council resolution 1999/51, to initiate as soon as possible preliminary consultations with all relevant stakeholders, in particular the World Bank, the International Monetary Fund and the World Trade Organization, on the potential modalities for their participation in both the substantive preparatory process and the high-level intergovernmental event, and also requests the Secretary-General to provide the results of those consultations to the Preparatory Committee for consideration at the first part of its organizational session; 8. Decides to constitute a Bureau of the Preparatory Committee, which will consist of fifteen representatives of Member States to the United Nations selected according to the principle of equitable geographical representation and will be presided over by two co-chairmen; 9. Also decides that the first organizational session of the Preparatory Committee should be held as soon as possible and no later than the end of January 2000 to elect the Bureau, and in this regard requests the President of the General Assembly to begin consultations with Member States as soon as possible; 10. Requests the Bureau, inter alia, in the context of paragraphs 20 and 21 of the report of the Working Group and paragraphs 17 and 18 of Economic and Social Council resolution 1999/51 and with the further assistance of the Secretary-General, to continue consultations with all relevant stakeholders on the modalities for their participation, including the possibility of creating a joint task force, in both the substantive 2 Resolution 51/240, annex. /...