UN conference on least developed countries opens in Brussels
Regional, Economics, 5/14/2001

A major United Nations Conference on the "least developed countries" (LDCs) opens as of this Monday in Brussels, Belgium.

During the conference, to run till May 20, global policy-makers will confront the economic isolation and severe poverty of the world's poorest states and are expected to reach agreement on concrete steps that will allow LDCs to reverse their slide into marginalization and extreme poverty.

In a message issued for the event, Secretary-General Kofi Annan, who has called for a "Global New Deal" to help disadvantaged regions catch up with the developed world, says, "At stake, quite simply, in the future of these poorest of the poor, is the well-being of the entire human community."

In addition to elaborating a program of action for LDCs for the current decade, participants will hold a special event on "The Challenge of Eradicating Poverty" and engage in a series of interactive thematic sessions throughout the week on such subjects as governance, agriculture, transport and energy.

Briefing correspondents on the Conference at UN Headquarters last week, Yvette Stevens, the Special Coordinator for Africa and the LDCs of the UN Economic and Social Affairs Department, noted that because the status of many LDCs had not changed despite two previous UN conferences (Paris 1981, 1990), there was now a general consensus that concrete action was needed to remedy their plight.

Much had been done in advance of the Brussels' event to ensure that there would be tangible results, she stressed.

LDCs are designated "least developed" by the UN General Assembly on the basis of a per capita annual gross domestic product of less than $800, weak human resources, and a low level of economic diversification. The combined population of the 49 LDCs is 610.5 million - equivalent to 10.5 per cent of world population.

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