{"id":281001,"date":"2024-09-26T13:16:34","date_gmt":"2024-09-26T17:16:34","guid":{"rendered":"https:\/\/www.un.org\/pga\/79\/?p=281001"},"modified":"2024-09-26T13:22:54","modified_gmt":"2024-09-26T17:22:54","slug":"pga-remarks-at-the-annual-ministerial-meeting-of-the-foreign-ministers-of-the-least-developed-countries-as-delivered-by-chef-de-cabinet","status":"publish","type":"post","link":"https:\/\/www.un.org\/pga\/79\/2024\/09\/26\/pga-remarks-at-the-annual-ministerial-meeting-of-the-foreign-ministers-of-the-least-developed-countries-as-delivered-by-chef-de-cabinet\/","title":{"rendered":"PGA Remarks at the Annual Ministerial Meeting of the Foreign Ministers of  the Least Developed Countries [As Delivered by Chef de Cabinet ]"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<div id=\"app\">\n<div id=\"appContainer\" class=\"QdrUx body-156\">\n<div class=\"Flvp1 customScrollBar\">\n<div id=\"mainApp\" class=\"NzIuH\">\n<div class=\"gU1Tf\">\n<div class=\"I3sS5\">\n<div id=\"MainModule\" class=\"FJ4hV\">\n<div class=\"SW7A6\">\n<div class=\"LBktY\">\n<div class=\"q9iRC css-297\" data-max-width=\"2400\">\n<div class=\"HOVUa\">\n<div class=\"nbmyu FkPdL czwRD LCprM\">\n<div id=\"Skip to message-region\" class=\"Mq3cC css-479\" role=\"main\" data-app-section=\"MailReadCompose\" aria-label=\"Reading Pane\" data-skip-link-name=\"Skip to message\">\n<div id=\"ReadingPaneContainerId\" class=\"Xsklh VJZZC\">\n<div>\n<div class=\"g_zET\">\n<div class=\"Pzn2X\">\n<div id=\"ItemReadingPaneContainer\" class=\"KD9CV GSQBG\">\n<div class=\"Q8TCC yyYQP tVueT customScrollBar\" data-app-section=\"ItemContainer\" data-is-scrollable=\"true\">\n<div>\n<div class=\"wide-content-host\">\n<div class=\"Vm3e5 pinIo\">\n<div id=\"UniqueMessageBody\" class=\"ulb23 GNqVo allowTextSelection OuGoX\" role=\"document\" aria-label=\"Message body\">\n<div>\n<div class=\"rps_8801\">\n<div lang=\"EN-US\">\n<div class=\"x_WordSection1\">\u00a0<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\u00a0<\/div>\n<p style=\"text-align: center\"><strong>Remarks by the President of the General Assembly<\/strong><\/p>\n<p style=\"text-align: center\"><strong>Mr. Phil\u00e9mon Yang<\/strong><\/p>\n<p style=\"text-align: center\"><strong>Annual Ministerial Meeting of the Foreign Ministers of <\/strong><\/p>\n<p style=\"text-align: center\"><strong>the Least Developed Countries<\/strong><\/p>\n<p style=\"text-align: center\"><strong>26 September 2024<\/strong><\/p>\n<p style=\"text-align: center\"><strong>[As Delivered by Chef de Cabinet Mr. Ivor Fung]<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>Excellencies,<\/p>\n<p>Ladies and Gentlemen,<\/p>\n<p>&nbsp;<\/p>\n<p>As we all know, the world is far from perfect, and not every country or individual enjoys the same level of development or prosperity.<\/p>\n<p>However, it is unacceptable that 45 nations remain classified as Least Developed Countries, where per capita income is less than 1,018 US dollars\u2014amounting to less than 3 dollars per day for their citizens.<\/p>\n<p>World leaders made a solemn commitment in the 2030 Agenda for Sustainable Development to leave no one behind.<\/p>\n<p>This pledge has since become a global consensus and serves as a guiding principle for promoting international development cooperation.<\/p>\n<p>The need to mobilize additional resources for these Least Developed Countries is clear: without the success of these 45 nations\u2014representing one-fifth of the United Nations\u2019 Member States\u2014we risk deepening global inequality and witnessing the failure of the 2030 Agenda for Sustainable Development.<\/p>\n<p>&nbsp;<\/p>\n<p>Excellencies,<\/p>\n<p>The adoption of the Doha Programme of Action in 2023 charted a new path for Least Developed Countries, particularly through its five key initiatives: the Sustainable Graduation Support Facility, the Investment Support Center, the Food Stockholding Mechanism, the Online University, and the Enhanced Resilience Building Mechanism.<\/p>\n<p>Moreover, the adoption of the Pact for the Future demonstrated that Member States can unite despite their differences, to build a brighter future for both current and future generations.<\/p>\n<p>This collective effort provides an invaluable foundation for Least Developed Countries to implement the Doha Programme of Action and strengthen global partnerships to support these nations.<\/p>\n<p>The President of the General Assembly, His Excellency Phil\u00e9mon Yang, is committed to addressing the unique challenges faced by countries in special situation, including Least Developed Countries.<\/p>\n<p>&nbsp;<\/p>\n<p>Excellencies,<\/p>\n<p>&nbsp;<\/p>\n<p>Significant financing is urgently needed to ensure the successful implementation of the Doha Programme of Action for Least Developed Countries.<\/p>\n<p>It is estimated that these countries will require 1 trillion US dollars annually just to double the share of manufacturing in their Gross Domestic Product.<\/p>\n<p>With the Fourth International Conference on Financing for Development scheduled for 2025 in Spain, Least Developed Countries must seize this opportunity to highlight their specific challenges and advocate for enhanced financial support.<\/p>\n<p>Meanwhile, given that Least Developed Countries hold only 4% of the World Bank&#8217;s voting rights and received less than 2.5% of the International Monetary Fund\u2019s special drawing rights issued in 2021, it is crucial to accelerate the reform of the international financial system to ensure sufficient and effective financing for these nations.<\/p>\n<p>Least Developed Countries must collaborate closely in the preparatory process for the Fourth International Conference on Financing for Development, fostering synergy to advance both the Doha Programme of Action and the 2030 Agenda.<\/p>\n<p>Excellencies,<\/p>\n<p>I wish the meeting every success and assure you that Least Developed Countries will remain a key focus throughout this presidency.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>*****<\/p>\n<p><strong>Media Contacts:<\/strong><\/p>\n<p>Sharon Birch, Spokesperson for the President of the General Assembly, Tel: 1 646-342-5873, email:\u00a0<a href=\"mailto:birchs@un.org\">birchs@un.org<\/a><\/p>\n<p>Mariam Shaikh, Dr. Advisor, Media and Communications, Office of the President of the General Assembly, Tel: 1 9173614990, email:\u00a0<a href=\"mailto:mariam.shaikh@un.org\">mariam.shaikh@un.org<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Get more updates<\/strong>\u00a0on the statements and the engagements of the President of the General Assembly from the following digital and social media channels:<\/p>\n<p><a href=\"https:\/\/www.un.org\/pga\/79\/\">Website<\/a><strong>:<\/strong>\u00a0\u00a0<a href=\"https:\/\/www.youtube.com\/@UNPGA\">YouTube:\u00a0<\/a>\u00a0<a href=\"https:\/\/x.com\/UN_PGA\">X (Twitter):<\/a>\u00a0<a href=\"http:\/\/www.instagram.com\/unpga\">Instagram<\/a>:\u00a0\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/un-pga79\/\">LinkedIn:\u00a0<\/a>\u00a0<a href=\"https:\/\/opga79.imgbb.com\/\">Photo Repository:\u00a0<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"x_MsoNormal\">[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 \u00a0 Remarks by the President of the General Assembly Mr. Phil\u00e9mon Yang Annual Ministerial Meeting of the Foreign Ministers of the Least Developed Countries 26 September 2024 [As Delivered [&hellip;]<\/p>\n","protected":false},"author":373,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[81,111],"tags":[],"class_list":["post-281001","post","type-post","status-publish","format-standard","hentry","category-blog","category-speeches","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PGA Remarks at the Annual Ministerial Meeting of the Foreign Ministers of the Least Developed Countries [As Delivered by Chef de Cabinet ] | General Assembly of the United Nations<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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