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NDB and FAO agree to strengthen collaboration through joint initiatives

31 October2018
NDB and FAO agree to strengthen collaboration through joint initiatives

The President of the New Development Bank (NDB), Mr. K. V. Kamath, and the Director-General of the Food and Agriculture Organization of the United Nations (FAO), Professor Graziano da Silva, met at the NDB’s Headquarters in Shanghai to discuss opportunities for joint initiatives in areas of common interest, including rural development, water management and irrigation.
On the occasion, Mr. K. V. Kamath and Professor Graziano da Silva exchanged drafts of a Memorandum of Understanding to establish a framework for cooperation between the NDB and FAO. The Memorandum will be signed and enter into force following the conclusion of internal procedures.
Mr. K.V. Kamath and Professor Graziano agreed to co-organize a knowledge-sharing workshop on the topic of development impact in early 2019 to promote technical exchanges between staff and experts in water management, irrigation, sanitation and related fields. Several other forms of collaboration were also explored, including research and technical cooperation to support the design, monitoring and evaluation of sustainable development and infrastructure projects.
The collaboration between the NDB and FAO will aim to drive progress on their shared objectives of growth and development, in particular in light of the 2030 Agenda for Sustainable Development and the role of international organizations in helping countries achieve their Sustainable Development Goals (SDGs).
Press-release at the NDB official web-site

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