Commonwealth

UN Technology Bank and The Commonwealth join forces to support LDCs

English

Gebze – The UN Technology Bank and The Commonwealth have formed a new partnership to support least developed countries (LDC’s) through technology transfer, capacity building and knowledge sharing.

The two organisations signed a memorandum of understanding committing to collaborate to build science, technology and innovation capacity for least developed countries in the Commonwealth. The strengthened cooperation will focus specifically on promoting structural transformation of LDC economies in an effort to help eradicate poverty, fostering long-term sustainable development.