The least developed nations (LDCs) face “overambitious tasks” designed to attain at an final objective of overcoming poverty, growing stability and sovereignty, based on the Russian deputy overseas minister.
Sergey Vershinin‘s remarks got here at a gap of the UN Least Developed Countries Conference in Doha on Monday and revealed by the Russian Foreign Ministry on Telegram on Tuesday.
“It is important to place on the forefront the answer of such sensible duties as build up manufacturing capability and infrastructure, diversifying commerce, in addition to making certain entry (of those nations) to improvements and fashionable applied sciences.
“The ultimate goal of international efforts is the eradication of poverty, the transfer of added value to the LDCs, and the strengthening of their stability and sovereignty,” Vershinin stated.
The diplomat named “consequences of long-term colonial exploitation, raw material dependence, and unfavorable geographical location” as the primary causes of the “difficult situation” of the nations, categorized by the UN as “the least developed.”
The LDCs, as probably the most susceptible classes, additionally acutely undergo from the implications of the pandemic, financial disaster, ecological issues, and instability within the meals and vitality markets, he added.
The Doha Conference is organized to offer new impetus to worldwide efforts to help the least developed nations, Russia expresses its solidarity with this job and intends to make a major contribution to the implementation of the Doha Action Program, he stated.
“These are overambitious tasks. To understand the scale, an additional $1 trillion will be needed just to achieve Sustainable Development Goal (SDG) 9 in part on doubling the share of industry in LDCs,” he burdened.
To date, official growth help stays a key supply of funds income for LDCs, and it’s not solely not maintaining tempo with their rising wants, however, quite the opposite, is declining,” the official famous.
Vershinin known as on the donors to proceed their help to the least developed nations within the present troublesome interval.
“We strongly condemn attempts to politicize international assistance and create procedural obstacles to the launch and implementation of Russian technical assistance projects,” he emphasised.
According to Vershinin, Russia has doubled its official growth help to some $1 billion per yr, with the lion’s share going for the wants of the least developed nations.
Debt reduction is one other type of help, since 2013 Moscow has cancelled $380 million money owed to the nations of this class. Also, Moscow gives to the LDCs commerce preferences and training grants, Vershinin stated.
“Overcoming the economic problems of the LDCs requires the combined efforts of the entire world community. … We categorically reject attempts to impute the deterioration of the global economic situation to our country. This is a classic example of substitution of cause and effect. Let me remind you that it was the illegal sanctions and unilateral economic measures imposed against Russian products that led to a shortage of them on world markets — and, as a result, price fluctuations,” he stated.
Vershinin strongly condemned makes an attempt to politicize the convention and known as on individuals to concentrate on making certain progressive and complete financial growth of the least developed nations.
Source: www.anews.com.tr
