Ali Ettefagh at PostGlobal

Ali Ettefagh

Tehran, Iran

Dr. Ali Ettefagh serves as a director of Highmore Global Corporation, an investment company in emerging markets of Eastern Europe, CIS, and the Middle East. He is the co-author of several books on trade conflict, resolution of international trade disputes, conflicts in letters of credit, trade-related banking transactions, sovereign debt, arbitration and dispute resolutions and publications specific to the oil and gas, communication, aviation and finance sectors. Dr. Ettefagh is a member of the executive committee and the board of directors of The Development Foundation, an advisor to the United Nations High Commission for Refugees, and an advisor to a number of European companies. Dr. Ettefagh speaks Persian (Farsi), English, German, French, Spanish, Italian, Arabic and Turkish. Close.

Ali Ettefagh

Tehran, Iran

Dr. Ali Ettefagh serves as a director of Highmore Global Corporation, an investment company in emerging markets of Eastern Europe, CIS, and the Middle East. more »

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Focus on the Environment, Education and Mideast Peace

Tehran, Iran -- The G8 must show that it is in touch and relevant. The group has risen above two world wars and has been ideologically united against conflict over the last 100 years. Such unity is now necessary to engage festering issues. Transparency, an even hand and (financial) muscle, are needed.

I propose first revising and adhering to a global environmental pact. The pact must be strictly enforced and all members of the United Nations must adhere to firm limits on green house gas output. Enforcement rules must tie into WTO privileges. Fines or embargo measures should be applied against violators. Penalties must be specific such as very high tariff barriers. Pollution limits must be apportioned on a per capita basis, and not measured against per capita GDP. A temporary market mechanism should be structured so that pollution credits of less developed countries can be purchased by larger polluters, on short-term temporary contracts for a total period of 5 years. The buyer must make firm (and admittedly painful) commitments to invest at least three times the purchase price to reduce pollution during the same period, and the seller must spend the revenue received on specific projects: education, health care, transportation and communication. If an engine is banned at home, it must also be banned from exports. French rules of an aircraft air pollution tax on tickets should be adopted worldwide.

Second, the territories of Israel, Gaza and the West Bank should be demilitarized and occupied by a unified UN governing regime and security force for at least 99 years. This cooling off period will allow time for at least three generations, in the region and the world, to seek all opportunities for change, be it of social behaviour or economic affairs. The Authority must command and control all police, armed, paramilitary and intelligence forces. Command of the authority ought to be on annual rotation among the G8. All civil, criminal, elections and revenue laws must evolve to non-partisan and secular governance without subjective interpretations of ancient or recent history. Guarantees of religion, separation of church and state, and a one chamber parliament with proportional representation of all adults in the region must be adopted. Local councils for each ethnic sector can tend to municipal affairs and all engagements shall be framed in debate, and not in violent acts.

Third, education needs a lot more investment, both at home in G8 countries and elsewhere. Educated people take better care of peace, democracy, human rights, health and material possessions. UNICEF must be better funded for basic education, including the use of computers and the Internet, in New Orleans as well as Laos. It must be commonly available in all countries, especially in the developing world. Special tax incentives must encourage direct private donation of educational materials.

Finally, courage and long-term vision must prevail to take us through the ride. Sovereign rights are not about exemption from responsibilities. Failed or rogue states, regardless of their economic might or connection, are the short-sighted few that carve out an exception from good governance in the global village. Making exceptions inevitably leads to the bankruptcy of any enterprise.

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