CPLP considers creation of fund to support Portuguese-speaking countries “very positive”

14 November 2010

Macau, China, 14 Nov – The Community of Portuguese-speaking Countries (CPLP) has said that China’s creation of a fund to support developing Portuguese-speaking countries, the CPLP’s director-general, Hélder Vaz Lopes told Portuguese news agency Lusa.

“We see it (the creation of the fund) very positively as the fundamental problems facing development is its funding,” he noted.

The director-general of the CPLP said however that despite everything that has been done in terms of commitments, on several levels, the developed States have not been able to assign a significant percentage of their GDP to supporting development.

According to Vaz Lopes, “it is via concrete steps that member.states can be lifted out of poverty.”

The director-general of the CPLP was speaking on the sidelines of the 3rd Ministerial Conference of the Forum for Economic and Trade Cooperation between China and the Portuguese-speaking Countries, held over this weekend in Macau. (macauhub)