Minister of Foreign Affairs and International Cooperation Mulambo Haimbe says strategic partnerships among Least Developed Countries (LDCs), development partners, and the private sector are essential to closing persistent gaps in infrastructure, innovation, green financing, and technology.
Mr Haimbe notes that there is a critical need for innovative financing mechanisms to support the development of Least Developed Countries (LDCs), particularly to address infrastructure deficits and reduce capital costs.
Speaking during a High-Level Meeting on LDCs at the Fourth International Conference on Financing for Development (FFD4) in Seville, Spain, the Minister stressed the urgent need for robust partnerships to build resilience, as external vulnerabilities continue to impact poor countries.
“Zambia remains open to mutually beneficial partnerships in economic resilience, human and social development, and environmental sustainability, all underpinned by good governance,” he emphasised.
Other speakers at the event called for strengthening partnerships with developed countries and emphasised the need for increased cooperation among Global South countries and the private sector to realise the implementation of the Seville Commitments in LDCs.
This was contained in a statement issued to ZANIS by Zambia’s First Secretary for Press in Paris, France, Naomi Mweemba