Developing countries need resources as well as technological know-how: President Paudel

KATHMANDU: President Ram Chandra Paudel has said that developing countries in particular need not only resources but also technological know-how.

“We need a just global trading system, fulfilled ODA commitments, climate finance, technology transfer, and increased investment,” he said while pointing out the need for an enhanced level of support grounded in solidarity, fairness, and shared responsibility.

In his address at the 2nd World Summit for Social Development in Doha, Qatar, on Tuesday, Paudel said the Summit would be meaningful for developing countries like Nepal when the international community can take solid steps to support the development efforts of developing countries, particularly LDCs. “I believe the Doha Declaration can be a lighthouse for our future actions. This Summit must be followed by bold and coordinated actions,” he added.

Stating that the Doha Declaration stands as a renewed collective pledge towards building a more just, inclusive, equitable and sustainable world, he called upon all nations to translate commitments into tangible actions, ensuring that equality, dignity and opportunity for all become the bedrock of our shared future. “The Constitution of Nepal has embraced the major principles of the Copenhagen Declaration, ” he said while noting that the statute envisions a society where every citizen enjoys equal rights and equal opportunities with dignity.

Stating that access to quality education, healthcare, and social protection for all has been prioritized, he said Nepal has made notable achievements, with poverty halved since 1995, SDG progress exceeding the global average, clean energy reaching over 95 percent of the population and gender parity in all areas, including education, has improved.