logo

Int'l dialogue on LDCs begins today

Wednesday, 24 November 2010


FE Report
A three-day international dialogue begins in the city today (Wednesday) to highlight the challenges facing the poorer nations in the run up to a key United Nations conference on the LDCs.
The conference, scheduled for May 2011, will be held in the Turkish city of Istanbul to assess the results of the 10-year action plan for the Least Developed Countries (LDCs), adopted in 2001.
Think tank Centre for Policy Dialogue (CPD) and the OECD Development Centre, Paris in partnership with the United Nations Development Programme (UNDP), Bangladesh, Commonwealth Secretariat, London, and International Centre for Trade and Sustainable Development (ICTSD), Geneva will organise the dialogue programme at Sheraton hotel.
This was disclosed Tuesday by CPD executive director Dr Mustafizur Rahman at a press conference in the city.
The International Dialogue on Exploring a New Global Partnership for the LDCs in the Context of the UNLDC IV will be inaugurated by finance minister AMA Muhith.
The programme is divided in inaugural plenary session, five working sessions on enhancing trade: product and market diversification, promoting investment: domestic and foreign, access to technology, ODA for productive capacity development and domestic institutional and policy reforms and the closing plenary session.
The dialogue seeks to contribute to the articulation of a new programme of actions for the LDCs to be adopted at the Fourth UN Conference on LDCs (UN LDC IV), which is scheduled to take place in Istanbul in May 2011, according to organisers.
The event will bring together about 50 development policy analysts and activists representing civil society organisations and international agencies from four continents, joined by an eminent group of experts from Bangladesh.
CPD executive director Mustafizur Rahman, its distinguished fellow Debapriya Bhattacharya and OECD development centre deputy director Carlos E Alvarez Voullieme and coordinator Anna Batyra were present at the press briefing.
Dr Bhattachariya said despite enjoying higher growth rates, increase in export and overseas development assistance, the status of poorer nations did not change over the last 40 years after the LDC status was declared in the 70s.
"The dialogue is an important opportunity to reflect on the development experience of the LDCs and for the international community to assess the effectiveness of their support measures," he said.
He said it is time to look strategically at the key issues that can unleash the productive capacity of LDCs.
It also requires more political commitment along with identification of specific tools for achieving the critical objectives and instituting an accountable monitoring and implementation mechanism, he added.