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FM Rana calls on G-20 to increase support for LDCs

KATHMANDU, Sept 26: Minister for Foreign Affairs, Dr Arzu Rana Deuba, has called on G-20 countries to enhance their...
By Republica

KATHMANDU, Sept 26: Minister for Foreign Affairs, Dr Arzu Rana Deuba, has called on G-20 countries to enhance their support for Least Developed Countries (LDCs). 


Minister Dr Rana, who is in New York, USA, to participate in the 79th United Nations General Assembly, addressed the G-20 foreign ministers' meeting on Wednesday and advocated for assistance to underdeveloped nations in her capacity as the chair of the LDCs. 


Highlighting the various challenges faced by the LDCs, Minister Dr Rana noted that these countries have been suffering due to the COVID-19 pandemic, the impacts of climate change, and geopolitical tensions. 


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“In the last two decades, the LDCs have been pushed further into extreme poverty. Support from the G-20 will be crucial for promoting inclusive economic growth, achieving sustainable development goals, enhancing global health security, effectively addressing climate change impacts, reducing the digital divide, and mitigating the multifaceted challenges we face,” her private secretariat quoted the Foreign Minister as saying. 


She expressed gratitude to Brazil, the G-20 chair, for organizing the meeting with a focus on social inclusion, poverty alleviation, and sustainable development, and welcomed its initiative to launch a global campaign to combat hunger and poverty. 


Additionally, Minister Rana called for the establishment of a formal mechanism to represent LDCs within the G-20. 


She urged the G-20 to lead the establishment of a “Climate Change Fund” to address climate-related issues faced by LDCs, create quota systems for LDC products, implement customs exemptions, and introduce debt relief programs.


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