A/HRC/RES/27/30
current system, which directly affects the enjoyment of human rights in debtor States, and
calls upon States to consider implementing legal frameworks to curtail predatory vulture
fund activities within their jurisdictions;
3.
Encourages all States to participate in the negotiations aimed at establishing
a multilateral legal framework for sovereign debt restructuring processes, as referred to in
General Assembly resolution 68/304, and invites States participating in the negotiations to
ensure that such a multilateral legal framework will be compatible with existing
international human rights obligations and standards;
4.
Requests the Advisory Committee to prepare a research-based report on the
activities of vulture funds and the impact on human rights, and to present a progress report
of that research to the Human Rights Council at its thirty-first session for its consideration;
5.
Also requests the Advisory Committee to seek the views and inputs of
Member States, United Nations agencies, relevant international and regional organizations,
the Office of the United Nations High Commissioner for Human Rights and relevant
special procedures, including the Independent Expert on the effects of foreign debt and
other related international financial obligations of States on the full enjoyment of all human
rights, particularly economic, social and cultural rights, as well as national human rights
institutions and non-governmental organizations, in the preparation of the above-mentioned
research-based report.
41st meeting
26 September 2014
[Adopted by a recorded vote of 33 to 5, with 9 abstentions. The voting was as follows:
In favour:
Algeria, Argentina, Benin, Botswana, Brazil, Burkina Faso, Chile, China,
Congo, Costa Rica, Côte d’Ivoire, Cuba, Ethiopia, Gabon, India, Indonesia,
Kazakhstan, Kenya, Kuwait, Maldives, Mexico, Morocco, Namibia,
Pakistan, Peru, Philippines, Russian Federation, Saudi Arabia, Sierra Leone,
South Africa, United Arab Emirates, Venezuela (Bolivarian Republic of),
Viet Nam
Against:
Czech Republic, Germany, Japan, United Kingdom of Great Britain and
Northern Ireland, United States of America
Abstaining:
Austria, Estonia, France, Ireland, Italy, Montenegro, Republic of Korea,
Romania, the former Yugoslav Republic of Macedonia]
3