Celebrating Vanuatu ’s Path to Sustainable Development

By Armida Salsiah AlisjahbanaBANGKOK, Thailand, Dec 10 2020 (IPS) The Pacific Island Developing State of Vanuatu has emerged as one of the region’s great success stories. Vanuatu has joined the ranks of Samoa and the Maldives as one of only six countries to graduate from being a least developed country, since the category was introduced by the United Nations in 1971. Armida Salsiah AlisjahbanaThis historic achievement is the result of major development gains and strategic planning. It shows that the country has successfully raised levels of income and improved social development indicators, with marked declines in mortality rates and significant progress in education. All of these are among the factors the UN regards as critical in determining whether a country is considered as a least developed country or not. Yet despite these development successes, accelerated actions are urgently needed to ensure Vanuatu can achieve the Sustainable Development Goals by 2030. Upon graduation, Vanuatu will no longer be eligible for international support measures granted to least developed countries. Unilateral and non-reciprocal trade preferences under Duty-Free Quota-Free schemes from various developed and developing trading partners will be off the table. Fortunately, based on current trading patterns, the overall impact of losing preferential market access will be minimal, as more than half of Vanuatu’s main exports are being traded under negotiated duty-free market acces...
Source: IPS Inter Press Service - Health - Category: International Medicine & Public Health Authors: Tags: Asia-Pacific Development & Aid Economy & Trade Education Health Humanitarian Emergencies Poverty & SDGs Sustainability TerraViva United Nations Source Type: news

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