VIENNA / LEAST DEVELOPED COUNTRIES (01:59)

3 December 2009

VIENNA / LEAST DEVELOPED COUNTRIES (01:59)

The impact of the economic crisis on the Least Developed Countries' (LDCs) productive capacities and trade prospects will be the focus of a UNIDO Ministerial-level Conference that opens today in Vienna. UNIDO

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Full Script

STORY: VIENNA / LEAST DEVELOPED COUNTRIES
TRT: 1.59
SOURCE: UNIDO
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS

DATELINE: 3 DECEMBER 2009, VIENNA, AUSTRIA

SHOTLIST:

1. Wide shot, exterior UN Building
2. Med shot, interior session 
3. SOUNDBITE (English) Kandeh Yumkella, Director General, UNIDO:
“It is even more necessary now, because yes you are not part of G20. You are not part of G20; but the impact of what other people might do wrong affects you directly. Whether they pollute too much with carbon, or greed makes them not adhere to proper financial management, you pay the price.”
4. Cutaway, delegates listening
5. SOUNDBITE (English) Cham Prasidh, Minister of Commerce, Cambodia:
“Today in the context of the global recession, we can revisit an old lesson once again, that what the LDC's need is to diversify their economics. Diversify of a range of manufacturing production, trade partners, markets and sources of energy. These are complex issues.”
6. Wide shots, session 
7. SOUNDBITE (English) Eugenio Maria Curia, Permanent Representative of Argentina, Chair of the G77:
“Since the last LDC conference the magnitude and depth of the global economic crisis has continued to unfold which causes threats to industrial development of LDC's. Therefore the group of 77 believes that diversification and technology transfer as well as building up the industrial competitiveness of LDC's is a necessity.”
8. Med shot, session 
9. SOUNDBITE (English) Cheick Sidi Diarra, High representative UNOHRLLS:
“I would hasten to add that aid for trade is not a substitute for an ambitious Doha round on trade negotiation. In this regard timely conclusion of the Doha round of trade negotiation with a comprehensive development dimension is needed if LDC's are to trade their way out of poverty.”
10. Med shot, conference

STORYLINE:

Ministerial level delegates from the 49 Least Developed Countries (LDCs) gathered in Vienna for a two day meeting, to discuss the best ways out of the financial crises that are hurting the LDCs the most.

Organized by UNIDO, the participants from Asia, Africa and Latin America will discuss the various steps the industrialized world can take to help them out of the crises.

UNIDO Director General Kandeh Yumkella promised the participants that UNIDO will work relentlessly to help them achieve their aims.

Other keynote speakers, including the Minister of Commerce from Cambodia and the chair of the G77 and China (from Argentina),  stressed the importance of diversity in the economies of developing countries, and the need to get away from the reliance on commodities.

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