Bangladesh won't be an LDC after 10yrs
Saturday, May 14, 2011
Bangladesh won't be an LDC after 10yrs
Says UN official
Afp, Istanbul
Bangladesh and Nepal are expected to graduate from the status of least developed countries (LDCs) within the next 10 years.
Cheick Sidi Diarra, the secretary general of the Fourth UN Conference on the LDCs, said this during a press conference on the closing day of the gathering yesterday.
Samoa, Tuvalu and Vanuatu, three Pacific small islands are already in line for graduation in coming three to five years, the UN official said.
We have five or six countries that are lining up already for graduation, Diarra said, adding three oil-producing countries to the list: Equatorial Guinea, Angola and Timor-Leste.
They are still weak in terms of human capital development, he said, although their per capital income exceeded the threshold set by the UN.
But the secretary general said they believe they would reach the level of graduation during a decade long course of the new action plan that is adopted in the conference.
However, Diarra said they expect in near future a new country to have the status of LDC, meaning South Sudan after it is recognised as a country and become a UN member state.
The conference in its new Istanbul Action Plan aims half the number of LDCs to meet the criteria for graduation by 2020. Only three countries managed to graduate so far.
LDCs countries--33 from Africa, 14 from Asia plus Haiti--are defined as those with a per capita income of less than $745 a year.
The UN-backed conference takes place every ten years. France hosted the first two in 1981 and 1990. The third was held in Brussels in 2001.
Saturday, May 14, 2011
Bangladesh won't be an LDC after 10yrs
Says UN official
Afp, Istanbul
Bangladesh and Nepal are expected to graduate from the status of least developed countries (LDCs) within the next 10 years.
Cheick Sidi Diarra, the secretary general of the Fourth UN Conference on the LDCs, said this during a press conference on the closing day of the gathering yesterday.
Samoa, Tuvalu and Vanuatu, three Pacific small islands are already in line for graduation in coming three to five years, the UN official said.
We have five or six countries that are lining up already for graduation, Diarra said, adding three oil-producing countries to the list: Equatorial Guinea, Angola and Timor-Leste.
They are still weak in terms of human capital development, he said, although their per capital income exceeded the threshold set by the UN.
But the secretary general said they believe they would reach the level of graduation during a decade long course of the new action plan that is adopted in the conference.
However, Diarra said they expect in near future a new country to have the status of LDC, meaning South Sudan after it is recognised as a country and become a UN member state.
The conference in its new Istanbul Action Plan aims half the number of LDCs to meet the criteria for graduation by 2020. Only three countries managed to graduate so far.
LDCs countries--33 from Africa, 14 from Asia plus Haiti--are defined as those with a per capita income of less than $745 a year.
The UN-backed conference takes place every ten years. France hosted the first two in 1981 and 1990. The third was held in Brussels in 2001.