Prime Minister of Bangladesh Sheikh Hasina said the world's Least Developed Countries are only seeking their 'due international commitments' from wealthier states. At a meeting with LDC leaders on Saturday Guterres called for $500 billion to be mobilised for social and economic transformation. He highlighted that only six countries had so far escaped the LDC status that some nations consider a stigma. Gold and diamond companies linked to Wagner in Central African Republic and Sudan were also hit by EU sanctions. The LDC summit lasts until March 9 while hundreds of business executives are attending a parallel private sector forum.

Source: Daily Nation March 05, 2023 15:35 UTC