The program of action of the Fourth United Nations Conference on the Least Developed Countries, Istanbul, 9-13 May 2011 explicitly calls for reducing remittance costs and improving the development impact of remittances.
The conference calls on the LDCs to:
(a) Make efforts to improve access to financial and banking services for easy transaction of remittances;
(b) Simplify migration procedures to reduce the cost of outward migration;
(c) Take appropriate measures to better utilize knowledge, skills and earnings of the returning migrants;
(d) Provide necessary information, as available, to workers seeking foreign employment.