November 30, 2014

UN chief unveils plan for 'technology bank' for poorest countries

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Sunday 30 Nov 2014 - 13:02 Makkah mean time-8-2-1436



Kathmandu (IINA) – UN Secretary General Ban Ki-moon has announced a high-level panel to study the scope and functions of a proposed technology bank dedicated to helping the world's least developed countries (LDCs), BERNAMA reported.

The panel is mandated to advise on the organizational and operational aspects of the technology bank and a science, technology and innovation supporting mechanism.

"The panel will prepare practical recommendations on providing a strong impetus to accelerating structural transformation and sustainable development of the LDCs," a statement said.

World Academy of Sciences executive director Romain Murenzi has been appointed as chairman of the panel which comprises ten members from least developed countries and their development partners.

AB/IINA




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