World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


UN Meeting: Least Developed Countries Urge Partnerships

At UN-backed meeting, world’s least developed countries urge partnerships to boost productive capacity

28 July 2014

With the kick-off of the United Nations post-2015 sustainable development agenda fast approaching, ministers and senior Government officials from across the globe have gathered in Cotonou, Benin, today to discuss how to strengthen the world’s 48 least developed countries to produce more goods and trade in international markets more efficiently.

“The conference is an invaluable opportunity for Governments, the United Nations, private sector and civil society to come together to strengthen and expand multi-stakeholder efforts towards significant and robust partnerships,” said UN High Representative for Least Developed Countries (LDCs), Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS).

In a press release from his Office, Gyan Chandra Acharya added that traditional development partners, emerging countries in the global South, and the LDCs themselves have a shared responsibility to do more to ensure that partnerships are transformative.

The four-day Ministerial Conference on New Partnerships for Productive Capacity Building in the Least Developed Countries, will identify innovative methods to improve the productive capacity of LDCs – a key priority of the 2011 Istanbul Programme of Action, which charts out the international community’s vision and strategy for the sustainable development of LDCs for the next decade.

Focusing on policy framework and institutions, the development of value chains, infrastructure and access to energy and international support measures, the Benin meeting will also focus on appropriate means of implementation including through addressing cross-cutting issues namely gender and women empowerment, employment and sustainable development.

Increasing productive capacities in the LDCs is a defining challenge and an opportunity to eradicate poverty and achieve and sustainable development in the decade to come.

“Development partners should be encouraged to do more by channelling aid to support productive capacity building in the LDCs, leveraging aid to encourage investment flows and facilitating trade and promoting technology transfer in a coherent manner,” Mr. Acharya said.

In addition to focusing on development partners, the meeting will make policy recommendations on official development assistance (ODA), South-South cooperation, remittance earnings, and domestic resource mobilization. These suggestions are expected to contribute to discussions on the proposed sustainable development goals (SDGs).

As it stands, the majority of LDCs will not meet most of the Millennium Development Goals by 201, according to a UN-OHRLLS report published last September. The survey cautioned that most of those countries continued to face structural challenges, as well as the destructive impact of climate change. The report did have some good news, however, namely that after years of economic stagnation, the LDCs are now achieving progress with some signs of structural transformation.

Also speaking ahead of the meeting, the Director of the Regional Bureau for Africa of the UN Development Programme (UNDP), Abdoulaye Mar Dieye, called for sustained, inclusive and people-centred development in the LDCs.

The key for LDCs is to “diversify into new, sustainable, job-rich, productive sectors so as to transform the structure of their economies, while building an environment in which development gains are broadly shared,” he said.

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

Russia Supports Indonesia`s Possible Move To Buy Sukhoi 35

Jakarta (ANTARA News) - The Russian government supports Indonesias wish to buy the multipurpose fighter jet Sukhoi 35 to enhance the countrys air force. More>>

W International Monetary Fund Downgrade Global Growth Forecast

20 January 2015 – Despite a sharp decline in oil prices, the International Monetary Fund (IMF) in its latest economic outlook today lowered growth expectations for this year and the next for most countries due to slowdown in investment, and urged governments ... More>>

ALSO:

UN Rights Expert Cancels Visit To Palestinian Territory

Israel’s lack of cooperation leads to cancelled visit by UN rights expert to the occupied Palestinian territory More>>

Pentagon To Deploy 400 Troops To Train Syrian Rebels

Rebel fighters take positions behind sand barricades at al-Breij frontline, after what they said was an advance by them in al-Manasher and al-Majbal areas, where forces loyal to Syria's President Bashar al-Assad were stationed, in Aleppo January 5, 2015. ... More>>

ALSO:


U.S. Eases Sanctions On Export Of Tech To Cuba

Washington — Today, the Department of Treasury and Department of Commerce officially released the anticipated changes to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR) , reforms announced last year by President ... More>>

Increased Gold Demand Following Shock SNB Move

Gold surged in dollars, pounds and especially euros yesterday after the Swiss Natonal Bank (SNB) caused turmoil in markets. Spot gold surged $30.50 or 2.48% to $1,258.50 per ounce and gold in euro terms rose by 4 per cent from EUR 1,044 to over EUR 1,085 ... More>>

What Next After Palestine's ICC Bid?

President Abbas has applied for Palestine’s membership in the International Criminal Court, paving the way for trials of Israeli officials on war crimes. Whether this ... More>>

ALSO:

  • Palestinian Centre For Human Rights - EU recognition of Palestine: What is it good for?
  • UN Mourns Slain French Cartoonists

    At UNESCO headquarters in Paris, the UN flag flies at half-mast in homage to victims of yesterday's attack on Charlie Hebdo. UNESCO/Pilar Chang-Joo More>>

    ALSO:

    Get More From Scoop

     
     
     
     
     
    World
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news