Mexico to step up its engagement with the CFC
H.E. Mr. José Antonio Zabalgoitia, Ambassador of the United Mexican States to the Kingdom of the Netherland, is seen with Managing Director Ambassador Sheikh Mohammed Belal at the Secretariat of the CFC. H.E. Mr. José Antonio Zabalgoitia came to visit CFC to inspire the good work of the CFC as it reiterates its strong support for CFC.
Ambassador Zabalgoitia was accompanied by Mr. Francisco de la Lama, Deputy Permanent Representative to the OPCW. Ambassador Belal was accompanied by Mr. Ernesto Daza Lacouture, Impact Investment Manager of the CFC.
Ambassador Belal gave an introduction to the CFC and highlighted the growing demand for CFC investments, which is outpacing the available financing resources. He emphasized the need for greater support infrastructure to meet the expectations of member countries.
Furthermore, Ambassador Belal discussed the introduction of the Agricultural Commodity Transformation (ACT) Fund, previously known as CIIF, at the LDC5 Conference in Doha. He shared the CFC's roadmap for poverty alleviation in the Least Developed Countries (LDCs), Land Locked Developed Countries (LLDCs), and beyond. Member countries were encouraged to join the ACT Fund as anchor investors and promote it to the private sector.
Ambassador Zabalgoitia expressed appreciation for the CFC's initiative in launching the ACT Fund. He assured his support and coordination with all member states. He praised the CFC's work and expressed hope for future collaboration. Ambassador Zabalgoitia emphasized the importance of commodities and their impact on grassroots communities. He expressed their desire for increased CFC investments in Mexico and beyond to help lift more people out of poverty. Ambassador Zabalogitia assured to remain engaged, indeed step up their engagement, with the CFC.
In response, Ambassador Belal assured the visiting Ambassador that the CFC would continue to pursue innovative approaches to make its services available to as many people as possible in commodity dependent developing countries. He highlighted Mexico’s success in the commodity sector and proposed working together to benefit grassroots communities. Ambassador Belal registered CFC’s deep appreciation for the innovative works of the likes of #CIMMYT which saved million, if not billion, lives through their cutting edge research that ushered in green revolution in Asia and beyond.
The meeting was concluded with the expression of mutual assurances of support to do the necessary follow up in the days to come.H.E. Mr. José Antonio Zabalgoitia, Ambassador of the United Mexican States to the Kingdom of the Netherland, is seen with Managing Director Ambassador Sheikh Mohammed Belal at the Secretariat of the CFC. H.E. Mr. José Antonio Zabalgoitia came to visit CFC to inspire the good work of the CFC as it reiterates its strong support for CFC.
Ambassador Zabalgoitia was accompanied by Mr. Francisco de la Lama, Deputy Permanent Representative to the OPCW. Ambassador Belal was accompanied by Mr. Ernesto Daza Lacouture, Impact Investment Manager of the CFC.
Ambassador Belal gave an introduction to the CFC and highlighted the growing demand for CFC investments, which is outpacing the available financing resources. He emphasized the need for greater support infrastructure to meet the expectations of member countries.
Furthermore, Ambassador Belal discussed the introduction of the Agricultural Commodity Transformation (ACT) Fund, previously known as CIIF, at the LDC5 Conference in Doha. He shared the CFC's roadmap for poverty alleviation in the Least Developed Countries (LDCs), Land Locked Developed Countries (LLDCs), and beyond. Member countries were encouraged to join the ACT Fund as anchor investors and promote it to the private sector.
Ambassador Zabalgoitia expressed appreciation for the CFC's initiative in launching the ACT Fund. He assured his support and coordination with all member states. He praised the CFC's work and expressed hope for future collaboration. Ambassador Zabalgoitia emphasized the importance of commodities and their impact on grassroots communities. He expressed their desire for increased CFC investments in Mexico and beyond to help lift more people out of poverty. Ambassador Zabalogitia assured to remain engaged, indeed step up their engagement, with the CFC.
In response, Ambassador Belal assured the visiting Ambassador that the CFC would continue to pursue innovative approaches to make its services available to as many people as possible in commodity dependent developing countries. He highlighted Mexico’s success in the commodity sector and proposed working together to benefit grassroots communities. Ambassador Belal registered CFC’s deep appreciation for the innovative works of the likes of #CIMMYT which saved million, if not billion, lives through their cutting edge research that ushered in green revolution in Asia and beyond.
The meeting was concluded with the expression of mutual assurances of support to do the necessary follow up in the days to come.
