India's Secretary of Economic Relations, Sudhakar Dalela, participated in the Annual Ministerial Meeting of Least Developed Countries on the sidelines of the 81st United Nations General Assembly session in New York. He reiterated India's unwavering support for these countries. Dalela emphasized the need for accessible financing, investments in domestic production, and employment generation to facilitate sustainable development.
During the meeting, Dalela highlighted India's demand-driven development cooperation through initiatives like the ITEC program, concessional credit, grant assistance, and the India-UN Development Partnership Fund. These efforts aim to support the irreversible graduation of Least Developed Countries. India's approach focuses on fostering partnerships that drive growth and development.
Sudhakar Dalela also addressed a special event titled 'Delivering the Sendai Framework, An ASEAN Approach to Inclusive Disaster and Climate Resilience'. This event was jointly convened by Thailand, the Philippines, Japan, and the United Nations Office for Disaster Risk Reduction. Dalela showcased India's advancements in early warning frameworks, risk-conscious infrastructure, and disaster readiness initiatives.
The gathering included notable dignitaries such as Thailand's Deputy Prime Minister Sihasak Phuangketkeow and Australian Minister for Foreign Affairs Penny Wong. Dalela stressed the importance of translating early warnings into timely action to protect communities. He also reiterated India's offer to host the Fourth UN World Conference on Disaster Risk Reduction in 2030.
Earlier, Sudhakar Dalela participated in the Solutions Dialogue on Financing Adaptation during the High-Level Meeting on Climate Action and Just Transition at the UN headquarters in New York. He highlighted India's life-saving early warning systems and efforts to mainstream adaptation through national and state-level planning.
Dalela called for predictable finance for country-led adaptation and emphasized that adaptation finance must protect vulnerable countries and communities without adding to their debt burdens. India's initiatives in climate resilience and sustainable development were underscored as key areas of cooperation with Least Developed Countries.
India's commitment to supporting Least Developed Countries was reaffirmed through its participation in these high-level meetings. The country's efforts focus on fostering sustainable development, disaster resilience, and climate action. Through various initiatives, India aims to contribute to the growth and development of these countries.
Key points
- India reaffirms its commitment to Least Developed Countries through demand-driven development cooperation initiatives.
- Sudhakar Dalela highlights India's advancements in early warning frameworks and disaster readiness initiatives.
- India calls for predictable finance for country-led adaptation to support vulnerable countries and communities.
