Foreign Minister Khanaal Highlights Need for Support to LDCs
Summary
Foreign Minister Shishir Khanaal has called for stronger cooperation on finance, climate justice, productive capacity, and sustainable graduation to turn commitments to Least Developed Countries into action. Speaking at a UN meeting in New York, he highlighted Nepal’s recent flood and landslide losses and urged greater support for LDCs facing mounting global and climate-related shocks.
Key Points
- Shishir Khanaal said cooperation on finance, climate justice, productive capacity, and sustainable graduation is needed to implement commitments for Least Developed Countries.
- He warned that LDCs are facing deeper development challenges from global crises and climate-induced disasters, citing Nepal’s recent flood and landslide damage as an example.
- Nepal has pushed LDC priorities such as concessional finance, debt sustainability, and technology transfer during its three-year chairmanship of the LDC group.
- Khanaal said Nepal will hand over the LDC chairmanship to The Gambia and pledged continued support to the new chair.
