Wednesday, May 18, 2011

Summit of worlds poorest nations in Istanbul

"Summit of worlds poorest nations in Istanbul

Abdullah Gul president of the host country, answers a question at a press conference held after the opening ceremony of the UN conference. On the right is UN Secretary-General Ban Ki-Moon

Leaders of the worlds Least Developed Countries (LDCs) held a UN-backed summit in Istanbul last week to weigh a new 10-year aid plan to help lift their nations out of poverty. Investing in the LDCs can provide the stimulus that will help to propel and sustain global economic recovery and stability, said UN chief Ban Ki-Moon in opening remarks to the five-day conference, which opened on Monday. This is not a charity, it is smart investment, he added. "

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