UN chief calls for investments in least developed countries

Secretary-General Ban Ki-moon

Investing in least developed countries can contribute to global economic growth, according to the Secretary-General of the United Nations.

Ban Ki-moon spoke at a meeting of government ministers from the so-called LDCs held in New York on Monday.

He said that LDCs face many challenges, such as drought, diseases and land degradation.

However, he stressed that these countries should not be only seen as weak.

"We should view them as reservoirs of untapped strength. When we invest in LDCs, we stimulate their development and contribute to global economic growth. These countries are rich in resources. Not just commodities that deserve a fair price on international markets, but people who deserve opportunities to reach their potential and contribute to society."

(Duration: 25")

The Secretary-General said he is doing all he can to enable the United Nations to better serve the world's 48 least developed countries, the majority of which are in Africa.

Filed under Today's News.
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