IsDB Sustainable Development

THE Islamic Development Bank (IsDB) Group organized an event on “Promoting Connectivity for Sustainable Development”, on the sidelines of World Trade Oorganisation (WTO)’s Aid for Trade Global Review 2017 in Geneva.
The event was chaired by the International Islamic Trade Finance Corporation (ITFC) chief executive officer Hani Salem Sonbol who represented IsDB Group chairperson, in addition to the special presence of The Gambia Vice President, Aja Fatoumatta Jallow Tambajang, who delivered the keynote speech.
This is contained in a statement released by African Development Bank (AfDB) IN Lusaka yesterday.

The event provided an in-depth analysis of the IsDB Group strategic objectives in financing infrastructure investment for enhancing connectivity, regional integration and trade development.
During the event, the IsDB Group launched its Report on “Promoting Connectivity for Sustainable Development” which highlights IsDB Group support for development of productive capacities in member countries and its assistance to overcome supply side constraints. The Report also highlights main achievements of Aid for Trade activities in member countries.

The event was also an opportunity to bring together experts and partners to share experiences and exchange ideas on ways to overcome the key obstacles that hinder the growth and connectivity among member countries.
Ambassador, Permanent Representative to the WTO, Kingdom of Saudi Arabia Saleh bin Eid Al-Hussaini and ambassador, Permanent Representative to the WTO, Egypt, Amr Ramadan, were the key speakers in the opening session.

Mr Salem Sonbol, said the IsDB Group adopted a 10-year Strategy (2016-2025) of which one of its objectives is “Connectivity for Growth”.
The objective of Connectivity for Growth stems from IsDB Group’s mandate in promoting cooperation among its member countries in various forms, both in terms of private sector and public-sector cooperation to enhance trade, investment, knowledge, and capacity development.
“I believe that trade is not only an engine of development but it is the cornerstone of future prosperity and livelihood across our member countries,” he said.