LDC ministers attend UNIDO ministerial conference
VIENNA, November 25, 2011 – The United Nations Industrial Development Organization (UNIDO) – the specialized agency charged with promoting sustainable industrial development has brought together senior policy makers from the Least Developed Countries (LDCs) as well as representatives of international organizations and experts to their Vienna headquarters in Austria. (Photo: UNIDO Deputy DG Yoshiteru Uramoto)
The successful ministerial conference seeks to discuss the implementation of the Istanbul Program of Action (IPoA) adopted during the Istanbul Conference in May 2011 that called specifically for the LDCs to focus on their productive capacity for the decade 2011-2020 with the overarching goal of overcoming their structural challenges in order to eradicate poverty and achieve internationally agreed development goals, with a special focus on the Millennium Development Goals.
Recognizing that the LDCs represent an enormous human and natural resource potential for world economic growth, welfare and prosperity, the mutually agreed compact between the LDCs and their development partners support strong political will and commitment of member states for renewed and strengthened global partnerships.
Through its activities in agribusiness, trade capacity-building and access to clean energy programs aimed at building resilience by boosting productive capacities and promoting access to regional markets, UNIDO, with its long history of working with LDCs seeks to implement a set of strategic interventions that would enable LDCs’ graduation and ensure sustained, equitable and inclusive growth. Apart from Botswana, Cape Verde and most recently the Maldives, all others are yet to graduate since the UN first listed LDC as a category in 1971.
With LDCs still maintaining lowest per capita incomes and has the highest population growth rates, UNIDO has committed to helping LDCs expand concrete deliverables and action with an operational strategy aimed at implementing a set of strategic interventions with both vision and action for the cause of dynamic industrial growth and the implementation of the Istanbul Program of Action (IPoA).
The IPoA focuses on reducing vulnerabilities of LDCs and addresses new challenges to development, including the effects of the interlinked food, fuel and economic crises and climate change with a strong focus on structural transformation through increasing productive capacity and aims at generating full and productive employment and decent work for all, particularly the youth.
The conference ended with the discussion and adoption of the Ministerial Declaration.
Anthony Abdul Karim Kamara, Jr. on assignment in Vienna
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