Arab Times

Ivanka says developing countries must do more to empower women to get aid

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WASHINGTON, Oct 19, (RTRS): Developing countries that want to do business with the United States must do more to empower women and give them better access to the workforce, education and legal protection­s, White House adviser Ivanka Trump said on Friday.

Trump, the daughter of President Donald Trump, outlined initiative­s to bolster the economic status of women at a panel during the IMF/World Bank annual meetings. She appeared to tie future US developmen­t aid and trading relations to improvemen­ts on these issues by developing countries.

“We in the United States think about our developmen­t assistance through the lens of achieving the goal for countries of self-reliance,” she told an audience of hundreds.

“And you cannot achieve self-reliance and the ability of a country to become a trading partner if you are not fully realizing the potential of 50 percent of your population, and in fact have barriers against them to realizing that potential.”

Trump in 2017 launched a women’s entreprene­urship fund with the World Bank and 13 other countries, followed this year by a $50 million project that aims to reach 50 million women by 2025. It is urging countries to change laws that bar women from owning property, using transporta­tion, accessing legal structures and gain access to credit.

These efforts come amid criticism by civil rights groups that the Trump administra­tion is disempower­ing women at home and abroad. The administra­tion has backed curtailing abortion rights for women in the United States and limiting contracept­ion requiremen­ts in health insurance, and it refuses to fund agencies globally that even mention abortion.

Trump, the highest ranking US administra­tion official to speak publicly at the annual IMF/World Bank meetings, was joined on stage by Goldman Sachs Chief Executive David Solomon, whose bank has also launched a women’s initiative called “10,000 Women” and Ana Botin, executive chairman of Banco Santander.

 ??  ?? White House adviser Ivanka Trump, accompanie­d by Chairman and CEO of Goldman Sachs David Solomon, speaks during the forum Unleashing the Potential of Women Entreprene­urs through Finance and Markets in the
sidelines of the World Bank/IMF Annual Meetings in Washington on Oct 18. (AP)
White House adviser Ivanka Trump, accompanie­d by Chairman and CEO of Goldman Sachs David Solomon, speaks during the forum Unleashing the Potential of Women Entreprene­urs through Finance and Markets in the sidelines of the World Bank/IMF Annual Meetings in Washington on Oct 18. (AP)

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