Poorest countries need "investment" not "charity"

The international community has come together to call for support for the world's poorest countries at what's being billed as the largest development conference of the decade.

Ban Ki-moon speaks at LDC Plenary

The meeting on the Least Developed Countries or LDCs in Istanbul, Turkey, is looking at ways of pulling the 48 countries out of poverty.

The LDCs are characterized by extreme poverty, poor governance and inadequate infrastructure.

Opening the conference, the United Nations Secretary-General, Ban Ki-moon, said the poorest countries need the support of the rest of the world.

“A measure of any society is how well it looks after its least fortunate. The same is true of the international community. Now is not the time to turn our backs, but to increase our support….I am not arguing for charity, but investment.”

Duration: 24″

Filed under LDC IV, Today's News.
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