UNDP chief wraps up visit to Mongolia

UNITED NATIONS, Oct. 20 (Xinhua) -- United Nations Development Program (UNDP) Administrator Helen Clark on Thursday wrapped up a three-day visit to Mongolia, noting that the revenue generated from the Asian country's abundant natural resources should benefit all of its citizens, UN spokesman Martin Nesirky said at a daily news briefing here.

At an international conference co-hosted by UNDP and Mongolia on extractive industries, she said that she is convinced that natural resources can drive human development if they are managed in transparent, inclusive and sustainable ways, Nesirky said.

"During her visit, which coincided with the 50th anniversary of Mongolia's UN membership, the administrator met with Prime Minister Sukhbaataryn Batbold, Minister of Finance S. Bayartsogt, senior government officials, and members of civil society," the spokesman added.

Clark was in the Mongolian capital of Ulan Bator to speak at an international conference, participated by representatives from 17 countries.

At the conference on Thursday, Clark urged resource-rich countries to wisely manage their revenues from the natural treasures to avoid the resource curse.

While exports of fuels and minerals are very significant for some developed countries, the vast majority of natural resource exporters are in the developing world, she said, adding that these countries should manage their revenues from resources in a transparent, inclusive and sustainable way.

UNDP is global development network of the United Nations. The UN agency advocates for change and connects to knowledge, experience and resources, to help their people build a better life.

UNDP is on the ground in 166 countries, working with them on their own solutions to global and national development challenges. As they develop local capacity, they draw on the expertise of UNDP and its wide range of partners.

Editor: yan

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