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UN official urges responsible investment in agriculture in poorer countries
28.04.2010 13:08 "Agro Perspectiva" (Kyiv) —
Responsible investment in agriculture in developing countries can help them tap the enormous potential in farming in the wake of the recent food crisis, the head of the United Nations trade and development said on Monday, calling for both national and international efforts to ensure domestic economies benefit.
«There is an urgent need to invest more in agriculture both to ensure food security and as the basis for long-term economic development,» said Supachai Panitchpakdi, Secretary-General of the UN Conference on Trade and Development (UNCTAD), when he addressed a meeting of the agency’s investment, enterprise and development commission.
The five-day meeting in Geneva will focus on the role of States in improving efficiency in public investment for development.
«Smart laws and procedures, organizational schemes, and e-government tools that have demonstrated their efficiency in one country could be helpful to other countries confronted by the same problems,» Dr. Supachai said. Source: United Nations
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