Tuvalu wants to maintain LDC status

From ISLANDS BUSINESS

News
Tue 17 Sep 2013

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Tuvalu
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FUNAFUTI, Tuvalu --- Tuvalu has successfully deferred its graduation from a LDC (Least Developed Country) status to a developing country to 2015.

But it wants to remain as an LDC for as long as possible.It was to have graduated to a developing country in 2012.

Prime Minister Enele Sopoaga, happy about the deferment, said it is an opportunity for Tuvalu to work harder to maintain its LDC status.

According to Sopoaga, it is important at this stage for all sectors as well Tuvalu missions abroad to work on keeping Tuvalu from becoming a developed country.

“Once Tuvalu graduates to a developed country, it will not be considered for funding assistance for climate change adaptation programmes like NAPA, which only goes to LDCs,” Sopoaga said.

Deputy PM Vete Sakaio will deliver Tuvalu’s plea to further defer its graduation from LDC when he addresses the United Nations General Assembly in New York this month.


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