In a resounding testament to the enduring spirit of multilateralism, UN General Assembly President Dennis Francis has heaped praise on the Group of 77 (G77) and China for their steadfast commitment to the global multilateral system. Speaking at the annual ministerial meeting of the G77 and China, held during the high-level week of the General Assembly, President Francis highlighted the critical role played by these nations in promoting and preserving multilateral cooperation amid a challenging global landscape. “At a time when multilateralism is being tested at every turn, the countries of the G77 and China continue to be resolute in their support of the multilateral system,” he asserted.
Strong Multilateral Support Shown Through Record Engagement:
During his address, President Francis underscored the tangible evidence of the G77 and China’s unwavering support for multilateralism. He pointed out that the high-level week of the General Assembly witnessed unprecedented engagement from UN member states, with a significant contribution from this group. Notably, four substantial political declarations received approval during this period, further solidifying the commitment of these nations to collaborative global efforts.
This remarkable display of unity and collaboration among G77 and China nations speaks volumes about their determination to address pressing global challenges through a multilateral approach. It serves as a beacon of hope at a time when the world faces an array of daunting issues, from climate change and economic disparities to global health crises.
G77 and China’s Vital Role in Achieving Sustainable Development Goals (SDGs):
President Dennis Francis emphasized the crucial role that the G77 and China plays in the implementation of the 2030 Agenda and the reform of the international financial architecture. The sobering reality is that the world is currently off course in achieving the Sustainable Development Goals, a situation that disproportionately affects developing countries, including the G77 and China members. These nations stand to bear the brunt of the socio-economic repercussions stemming from this failure, encompassing everything from healthcare and education to environmental preservation and justice systems.
The G77 and China, President Francis asserted, carry a significant responsibility in ensuring that commitments and ambitions for the SDGs remain high on the global agenda. Their collective voice must continue to resonate, urging concerted efforts to steer the world back on track toward achieving these critical sustainability objectives.
Urgent Call for Reforming International Financial Architecture:
President Francis did not shy away from addressing the pressing need for reform in the international financial architecture. He called for an end to the unjust financial systems that have perpetuated the cycle of debt and deprivation, particularly in developing countries. He lauded the G77 and China for consistently advocating for the full implementation of the sustainable development agenda and for elevating discussions surrounding international financial institution reform.
In conclusion, President Dennis Francis’s commendation of the G77 and China for their resolute support of multilateralism underscores the critical role these nations play in addressing the world’s most pressing challenges. Their commitment to collaborative global efforts, the pursuit of SDGs, and the reform of international financial systems exemplifies a beacon of hope for a world in need of unity and cooperation. The G77, originally comprising 77 founding members, now stands as a formidable coalition with over 130 nations, united in their dedication to a more equitable and sustainable world.