(MENAFN - Kuwait News Agency (KUNA)) Kuwait has affirmed importance of doubling efforts by developing countries who make up the Group of 77 plus China to address numerous challenges facing UN's Millennium Development Goals (MDGs).
This came by Kuwait's Ambassador to Chile Reem Al-Khaled, representing His Highness the Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah, at a summit of the Group of 77 plus China in the Bolivian capital, Santa Cruz, yesterday which marked the 50th anniversary of the group.
Al-Khaled said the summit was held at a time the Group of 77 plus China were exerting efforts to reach new development horizons.
She called for benefitting from lessons learnt through the execution of the MDGs in order to make the job easier beyond 2015.
Al-Khaled said political and security stability as well as ending conflicts were key to economic and social development.
These conflicts, she added, undermined the financial and human resources of the regional countries, and have become a real threat to international peace and security.
Al-Khaled called on all international parties concerned to double efforts to achieve security and stability in Syria, as well as ending the bloodshed in the war-torn country.
Kuwait, she underlined, was committed to providing humanitarian assistance to the Syrian people.
Kuwait, she added, hosted two donor conferences for the Syrian people, and pledged around USD one billion to alleviate the suffering of the Syrian people.
Al-Khaled also asserted importance of supporting international efforts to achieve peace in the Middle East on the basis of a just and comprehensive solution for the Arab-Israeli conflict, which guarantee the establishment of the independent Palestinian state with East Jerusalem as its capital.
Meanwhile, Al-Khaled said Kuwait was classified as a developing country with a high income. "But since its independence in 1961, it paid a great attention to offering financial support for developing and least developed countries through many mechanisms and initiatives." She said Kuwait Fund for Arab Economic Development (KFAED) extended loans and aid amounting to USD 16 billion since its establishment.