17 May 2017
Press Release No: G/21/2017
Bangkok (ESCAP News) –The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) marked its 70th Anniversary at the opening of the annual Commission session in Bangkok today, with its Executive Secretary reflecting on the extraordinary transformation of the region, and underlining the importance of regional solutions to support the global development agenda.
“Seventy years ago, ours was a region devastated by conflict. Political instability was rife, poverty and famine were endemic, and social tensions widespread,” said United Nations Under-Secretary General and Executive Secretary of ESCAP Dr. Shamshad Akhtar. “Today our region accounts for over a third of the world’s output, and we are on track to make up half of global GDP by 2050. We are driving global growth, global trade and increasingly, science, technology and innovation. Poverty has fallen to 15 per cent in 2012, down from 50 per cent in 1990.”