A/RES/60/188 (a) The importance of the implementation of the commitment to sound policies, good governance at all levels and the rule of law; (b) The importance of the implementation of the commitment to create an enabling environment for mobilizing domestic resources and the importance of sound economic policies, solid democratic institutions responsive to the needs of the people and improved infrastructure as a basis for sustained economic growth, poverty eradication and employment creation; (c) The importance, in order to complement national development efforts, of the implementation of the commitment to enhance the coherence and consistency of international monetary, financial and trading systems; Welcomes the efforts by developing countries to adopt and implement 2. national development strategies to achieve their national development priorities as well as the internationally agreed development goals and objectives, including the Millennium Development Goals; reaffirms the resolve, for those countries that have not yet done so, to adopt such strategies by 2006 and implement them; and also reaffirms the resolve to support these efforts as set out in the 2005 World Summit Outcome,4 including through increased resources; 3. Stresses the importance of a universal, rule-based, open, nondiscriminatory and equitable multilateral trading system, as well as meaningful trade liberalization, that can substantially stimulate development worldwide, benefiting countries at all stages of development; in that regard reaffirms its commitment to trade liberalization and to ensuring that trade plays its full part in promoting economic growth, employment and development for all; thus welcomes the decisions of the World Trade Organization to place the needs and interests of developing countries at the heart of its work programme and commits itself to their implementation; and in this regard emphasizes the importance of fulfilling the development dimension of the Doha work programme 10 and the successful completion of the Doha round as soon as possible; 4. Notes that, while foreign direct investment is a major source of financing development, the flow of such funds to developing countries and countries with economies in transition remains uneven, and in this regard calls upon developed countries to continue to devise source-country measures to encourage and facilitate the flow of foreign direct investment, inter alia, through the provision of export credits and other lending instruments, risk guarantees and business development services, and calls upon developing countries and countries with economies in transition to continue their efforts to create a conducive domestic environment for attracting investments by, inter alia, achieving a transparent, stable and predictable investment climate with proper contract enforcement and respect for property rights; Reaffirms the Monterrey Consensus and recognizes that mobilizing 5. financial resources for development and the effective use of those resources in developing countries and countries with economies in transition are central to a global partnership for development in support of the achievement of the internationally agreed development goals, including the Millennium Development Goals. In this regard: (a) Welcomes the increased resources that will become available as a result of the establishment of timetables by many developed countries to achieve the target _______________ 10 See A/C.2/56/7, annex. 3