Permanent Representative of Bangladesh to the UN Ambassador Rabab Fatima has said they need bold, innovative, improved and coordinated support measures from the development partners, United Nations system, and other international and regional organizations to ensure the sustainability of the graduating and the graduated countries.
She was speaking at the virtual thematic discussion on LDC5 PrepCom entitled, ‘Towards Improved Support to Graduating and Graduated Countries’ as the Chair held in New York on Wednesday.
The discussion event was jointly organised by the Permanent Mission of Bangladesh, the United Nations Committee for Development Policy (UN-CDP) and the United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and the Small Island Developing States (UN-OHRLLS).
Highlighting the tremendous challenges faced by the graduating and the graduated countries in implementing the 2030 Agenda during the Covid-19 pandemic, Ambassador Fatima said, “It’s highly important to ensure Sustainable Graduation Support facility (SGSF), especially in trade, Intellectual Property Rights (IPR) and financing for those LDCs.”
She urged the United Nations Inter-Agency Task Force (IATF) to try hard and come up with some concrete ideas for SGSF to ensure the sustainability of the graduation and to prevent any slide back on this trajectory.
Ambassador Fatima, Co-Chair of the LDC5 PrepCom, expressed her hope that the ongoing PrepCom will play a pivotal role in the lead-up to the LDC5 Conference in Qatar in 2022.
She said the international community and development partners should take appropriate supportive measures for the graduating and the graduated countries especially in view of the additional challenges brought on by the ongoing Covid-19 pandemic.