Least developed countries must reduce vulnerabilities: UN

Least developed countries must reduce vulnerabilities: UN

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Dhaka-The three-day Midterm Review of the implementation of the Istanbul Programme of Actıon for the Least Developed Countries (LDCs) kicked off Friday in Antalya, Turkey putting emphasis on providing more support to LDCs for their structural transformation and reduce vulnerability to economic crises, climate-related events natural disasters and health related threats.Addressing the plenary session, the speakers observed that the LDCs have experienced some progress recently in areas of poverty alleviation, reduction in child mortality rates, gender parity and access to internet and mobile networks.
Economic growth has also been strong, even though its pace has been more volatile and below the average of the last decade. There has been an increase in the number of countries fulfilling criteria which will lead towards graduation from their status as a LDC, they said.
They said strong global partnerships, national leadership and inclusive and accountable institutions have proven to deliver sustainable development in the LDCs.
“Least Developed Countries have seen significant progress and are a major human and natural resource potential for the world, but more needs to be done to support them,” said Gyan Chandra Acharya, United Nations High Representative for the LDCs, Landlocked Developing Countries and Small Island Developing States and Secretary General of the event.
He termed the meeting as a major opportunity for the international community to come together and reaffirm global commitments that were made in 2015 to ensure that the world’s poorest nations are at the forefront of efforts to build an inclusive and sustainable future for the world.
Turkish Minister for Foreign Affairs Mevlut Cavusoglu, who chaired the session, reiterated Turkey’s role as an advocate for LDCs and outlined important steps forward including increasing productivity and the financing of sustainable development in LDCs.
“It is our human responsibility to look for solutions to the challenges of the Least Developed Countries,” he said.
Speaking at the plenary session, Bangladesh’s LGRD Minister Khandker Mosharraf Hossain highlighted different successes of the country towards sustainable development.
Gaurı Pradhan, coordinator of LDC Watch, said the LDCs are the worst victims of climate and economic injustice but the global community is not giving attention and hardly keeping promises to tackle these problems.
President of the United Nations General Assembly Mogens Lykketoft and UNDP adminıstrator Helen Clark also spoke on the occasion.
In a sideline event, Bangladesh’s leading economist Debapriya Bhattacharya said the last five years of experience of implementation of IPoA shows that whatever success we have achieved got compromise because of the unstable situatıon of global economy and also because many of the global commitments ın favour of the LDCs were not delivered.
He further said the ODA and foreign aid flow has fallen in a nominal consideratıon and not to pay in real sense.
So in the next five years, the economist said, we have to concentrate more in systemic issues which we do not look at. Whether it is the issue of fınance and trade, global taxatıon, and technology transfer.
Rezaul Karim Chowdhury, executive director of Coastal Bangladesh, demanded formation of tax commission by upgrading the tax committee to curb the illicit follow of money.
He put emphasis on ensuring freedom of express and assembling rights of the people in LDCs hand in hand with carrying out development activities.
The MTR of the IPoA takes place at Titanic Belek Hotel located onshore of the Mediterranean Sea immediately after the World Humanitarian Summit in Istanbul which also focused global attention on humanitarian crises, many of which disproportionate people in the LDCs.
High level officials from around the world have gathered in Antalya to assess the progress of the world’s LDCs and their path to sustainable development.
The meeting hosted by Turkey, included high level representatives and over two thousand stakeholders who come from government, parliaments, international and regional organisations, civil society, private sector, foundations, thinks tanks and media.-Staff Reporter

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