Monday, May 9, 2011

UN summit on Least Developed Countries begins

A five-day UN summit with 48 leaders of the world's Least Developed Countries (LDCs) began in Istanbul today. The summit will focus on the actions to be taken in the next 10 years to help the least developed countries. UN Secretary General Ban Ki-moon, in his opening remarks said investing in the LDCs can provide the stimulus that will help to propel and sustain global economic recovery and stability. He said, instead of seeing LDC's as the poor and weak, it is time these 48 countries are recognised as best reservoir of untouched potential. Ban stressed the need to support agriculture in LDCs, in which 70 percent of the population is employed.

The summit was being chaired by Turkish President Abdullah Gul while the head of the European Commission, Jose Manuel Barroso, was also present at the opening session. A new Istanbul Action Programme is being negotiated in the conference after the expiry of the former Brussels plan in 2010.

Courtesy : AIR

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