Luanda - Angolan head of State João Lourenço defended Friday in Havana, Cuba, the need for Group 77+China countries to have access to long-term financing under favourable repayment conditions to invest in the main infrastructures, with a view to their development.
The Angolan statesman, who was speaking at the G77+China Summit, opened in the Cuban capital, highlighted the road and railway networks.
The president also spoke of the production and distribution of water and energy, basic sanitation, as well as information and communications networks, so that these countries can achieve the dream of also becoming industrialised.
According to João Lourenço, unity and solidarity between the 77+China group on issues of common interest in international debates and forums are essential to advance the legitimate development aspirations of their peoples and countries.
He stressed that the group will continue to fight for deep reforms in the international financial architecture and its governance, through fair representation in the world's main decision-making and policy-making bodies.
These reforms, he said, can significantly contribute to improving the access of developing countries to sources of secure and predictable financing necessary for the urgent investment in science, technology and innovation, including communication and information technologies that appear to be fundamental instruments.
He said this will help us face global challenges and help boost and accelerate the pace of economic diversification and transformation, increase productivity and competitiveness, in order to achieve the objectives set out in the 2020/2030 agenda”.
President João Lourenço stressed that these nations will know how to “find the solutions and strategies that will lead us to the achievement of our development agenda”.
The Group of 77+China Summit which runs until Saturday focuses on combating poverty in developing countries.
The event brings together more than 100 delegations of heads of State and Government from the group's countries.
It runs under the theme "Current Development Challenges: Role of Science, Technology and Innovation", with work sessions spread over two days.
Cuba chairs, for the first time, the G77 group that gather developing countries and 134 member countries of the United Nations (UN). VC/SC/VM/NIC
