Egypt’s Participation in 5th UN Conference on Least Development Countries (LDC5)

by nevine

On behalf of H.E. H.E. Egyptian President Abdel Fattah El-Sisi, Dr. Rania A. Al-Mashat, Minister of International Cooperation, addressed the Fifth United Nations Conference on the Least Developed Countries, taking place in Doha, Qatar, from 5-9 March 2023, with the participation of world leaders, representatives of the private sector, civil society, parliamentarians, and youth to bring forward new ideas, obtain new commitments of support, and stimulate the fulfillment of the commitments agreed through the Doha Program of Action, according to “Stat Information Service” website.

The conference is expected to announce specific initiatives and tangible results that will help address the challenges of the least developed countries.

The Fifth United Nations Conference on the Least Developed Countries (LDC5) is a once-in-a-decade opportunity to accelerate sustainable development in the places where international assistance is needed the most – and to tap the full potential of the Least Developed Countries helping them make progress on the road to prosperity.

This year’s theme is “From Potential to Prosperity” where over five days of the LDC5 Conference in Doha, world leaders gather with the private sector, civil society, parliamentarians, and young people to advance new ideas, raise new pledges of support, and spur delivery on agreed commitments, through the Doha Program of Action. It is expected that at the Conference, specific initiatives and concrete deliverables will be announced that will address LDC-specific challenges including the climate crisis and environmental degradation.

In her opening remarks, the Minister emphasized the leadership role of the Secretary-General of the United Nations in promoting the value and impact of development activities at the regional and international levels.

She also highlighted Egypt’s chairmanship of the current session of the Steering the African Union Assembly on AUDA – NEPAD during 2023-2025.

It intends to strengthen cooperation efforts with African countries through the Agency’s Secretariat through a clear vision of specific goals and objectives through intensifying efforts to mobilize financing resources in areas of priority for the continent, industrial transformation and building on the outputs of the extraordinary Africa Summit held in Miami last November and developing continental value chains, accelerating the realization of the aspirations targeted by the Continental Free Trade Agreement, emphasizing the participation of African countries for their expertise in the field of infrastructure, and intensifying cooperation and coordination with international partners and international financing institutions to bridge the financing gap in sustainable development projects and reduce debt burdens on the most affected countries while taking advantage of the new initiatives that are being put forward during the partnership summits of the African Union.

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