Crisis brings opportunity to achieve MDGs: Sri Lanka

13:28, September 23, 2010      

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Mahinda Rajapaksa, president of Sri Lanka, said here Wednesday that despite emerging global crises, the world still has a chance to accelerate progress towards the Millennium Development Goals (MDGs).

Rajapaksa's statements came as he addressed world leaders, ministers and dignitaries at a high-level plenary meeting of the General Assembly on the MDGs. The MDGs are a set of eight international development targets, designed to improve the lives of people all around the world by 2015.

The Sri Lankan president said that the global financial and economic crises have "severely reduced the access to external resources and private capital flows for developing countries," making progress towards the MDGs slower.

However, the president noted that the international community could rise to the occasion by fulfilling commitments to official development assistance (ODA).

"Unfortunately, the trend for more restrictions and protectionist measures in trade, debt relief, and access to technology is posing a challenge to development," Rajapaksa said. "Hence we need to act with a sense of urgency and partnership."

Rajapaksa said that climate change is another crisis that threatens to derail MDG progress, but can be mitigated if the international community can find a solution "based on the principle of common but differentiated responsibility."

Source: Xinhua


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