ID :
81952
Sun, 09/27/2009 - 09:00
Auther :
Shortlink :
https://www.oananews.org//node/81952
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Saudi Arabia`s statement at session of UN General Assembly delivered 9 New York
The Kingdom donated US$ 1 billion to the Fund to Combat Poverty in
the Islamic World, in addition to its contributions to the capital of
18 international financial bodies and institutions. The
non-recoverable aid and soft loans provided by the Kingdom during the
last three decades amounted to US$ 100 billion, from which 95
developing countries benefited. This amount represents 4% of the
Kingdom's GNP, which is far higher than the target set by the United
Nations.
In keeping with the concern that the Custodian of the Two Holy
Mosques is showing for the large-scale promotion of education in the
developing countries, the Kingdom announced its allocation of US$ 500
million for education projects in those countries.
With regard to debt relief, the Kingdom has waived more than US$ 6
billion in debts due to it from developing countries and has
contributed its full quota to the Heavily Indebted Poor Countries
(HIPC) Initiative of the International Monetary Fund. The Kingdom is
renewing its appeal to the industrialized developed countries to
honour their commitments in regard to direct aid quotas, debt relief
in favour of the most needy countries and market access, without
unjustifiable restrictions, for the exports of developing countries.
Mr. President,
The urgent issues with which the world is faced, such as climate
change, food security and rising prices of basic commodities,
necessitate cooperation by all components of the international
community in order to devise equitable solutions that take into
account the interests of all in conformity with the principle of
common but differentiated responsibilities between the developed and
the developing countries, as provided for in the United Nations
Framework Convention on Climate Change. It would be unfair to burden
some beyond their capacities while showing indulgence to others who
have been more instrumental in exacerbating the problem and are more
capable of bearing the burdens entailed by solutions thereto.
Shouldering its international responsibilities, the Kingdom of Saudi
Arabia announced, during the last OPEC Summit in Riyadh, its donation
of an amount of US$ 300 million for the establishment of a special
fund for research on energy, the environment and climate change. My
country has also contributed US$ 500 million to the World Food
Programme to meet the rising costs of food, thereby assisting 62
developing countries in all parts of the world. The Kingdom will also
be covering the costs of holding the Food and Agriculture
Organization's World Food Summit, which is due to be held on 16
November 2009.
--More
the Islamic World, in addition to its contributions to the capital of
18 international financial bodies and institutions. The
non-recoverable aid and soft loans provided by the Kingdom during the
last three decades amounted to US$ 100 billion, from which 95
developing countries benefited. This amount represents 4% of the
Kingdom's GNP, which is far higher than the target set by the United
Nations.
In keeping with the concern that the Custodian of the Two Holy
Mosques is showing for the large-scale promotion of education in the
developing countries, the Kingdom announced its allocation of US$ 500
million for education projects in those countries.
With regard to debt relief, the Kingdom has waived more than US$ 6
billion in debts due to it from developing countries and has
contributed its full quota to the Heavily Indebted Poor Countries
(HIPC) Initiative of the International Monetary Fund. The Kingdom is
renewing its appeal to the industrialized developed countries to
honour their commitments in regard to direct aid quotas, debt relief
in favour of the most needy countries and market access, without
unjustifiable restrictions, for the exports of developing countries.
Mr. President,
The urgent issues with which the world is faced, such as climate
change, food security and rising prices of basic commodities,
necessitate cooperation by all components of the international
community in order to devise equitable solutions that take into
account the interests of all in conformity with the principle of
common but differentiated responsibilities between the developed and
the developing countries, as provided for in the United Nations
Framework Convention on Climate Change. It would be unfair to burden
some beyond their capacities while showing indulgence to others who
have been more instrumental in exacerbating the problem and are more
capable of bearing the burdens entailed by solutions thereto.
Shouldering its international responsibilities, the Kingdom of Saudi
Arabia announced, during the last OPEC Summit in Riyadh, its donation
of an amount of US$ 300 million for the establishment of a special
fund for research on energy, the environment and climate change. My
country has also contributed US$ 500 million to the World Food
Programme to meet the rising costs of food, thereby assisting 62
developing countries in all parts of the world. The Kingdom will also
be covering the costs of holding the Food and Agriculture
Organization's World Food Summit, which is due to be held on 16
November 2009.
--More
