The International Fund for Agricultural Development (IFAD) and the government of the United Arab Emirates (UAE) signed a Declaration of Intent to strengthen their work together on sustainable growth and poverty reduction in rural communities in developing countries.
Mohamed Beavogui, Director of IFAD Partnership and Resource Mobilization, and Younis Al Khoori, Undersecretary of the Ministry of Finance, United Arab Emirates, signed the declaration on behalf of the two organizations.
The UAE is one of the founding members of IFAD, an international financial institution and a specialized United Nations agency dedicated to supporting rural people, and has always maintained a strong partnership with the Fund.
In 2013, the UAE became the world’s largest donor country of official development assistance (ODA) making a historic leap from its 19th position in 2012.
Last year, IFAD and the Cooperation Council for the Arab States of the Gulf (GCC) signed a Memorandum of Understanding which laid the groundwork for collaboration in developing sustainable solutions to environmental challenges in GCC countries the Kingdom of Bahrain, the State of Kuwait, the Sultanate of Oman, the State of Qatar, the Kingdom of Saudi Arabia and the UAE.
Building on this strategic partnership, the declaration will further enhance areas of cooperation with the UAE such as joint studies and publications; participation in relevant working groups, conferences and seminars; staff exchanges and training programmes; and human resources cooperation.
More specifically, UAE nationals would be exposed to the United Nations and International Financing Institutions with a focus on understanding key challenges related to development projects and improve their understanding of programme implementation processes.