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Wednesday, March 8, 2023

5th UN Conference: Chief Economist raps LDCs ministers in Doha - NaijaAgroNet

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The Least Developed Countries (LDCs) stand to benefit from strong partnerships with their Global South counterparts when it comes to making their agrifood systems more efficient, more inclusive, more sustainable and more resilient, the Chief Economist of the Food and Agriculture Organization of the United Nations (FAO), Maximo Torero, said in Doha.
Maximo Torero Cullien - 5th UN Conference: Chief Economist raps LDCs ministers in Doha - NaijaAgroNet
"Strong global partnerships, including South-South and Triangular Cooperation, provide key support for agrifood systems transformation, and an open exchange of knowledge and expertise around this important topic," Torero said in an FAO address to a ministerial meeting on South-South Cooperation in the Qatari capital.

The meeting was part of the 5th UN Conference on Least Developed Countries (LDCs), which is guided by the Doha Programme of Action for the 2022-2031 period.

The overarching goals of the Doha Programme include achieving a rapid, sustainable and inclusive recovery from the COVID-19 pandemic, which has impacted the economies of LDCs particularly hard, and building resilience against future shocks.

"LDCs represent a vast potential for sustainable economic growth, improved food security, nutrition and overall welfare," Torero said. "Nevertheless, we note with concern that the LDCs have seen their economies substantially shrivel due to the COVID-19 pandemic and other economic shocks in the past few years.”

The pandemic has not only caused extreme poverty figures to rise. It has also reversed the progress made during the implementation of the previous Istanbul Programme of Action for LDCs.

"The Doha Programme of Action for the LDCs reminds us that the economic, environmental and social agenda for transitioning to more efficient, inclusive, resilient and sustainable agrifood systems remains essential for development," Torero said.

This also means that COVID-19 recovery programmes and effective responses to the current global crises require focused attention on the transformation of agrifood systems - to ‘build back better’ through higher productivity, diversification, greater resilience, nutrition-smart interventions and supporting a vibrant public-private partnership, including Small to Medium Enterprises, to create quality jobs and enable recovery.

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