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Former UNGA president calls looks to multipolarity to address overlapping challenges

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Former UNGA president calls looks to multipolarity to address overlapping challenges

2024-11-12 21:06 Last Updated At:11-13 00:27

A former United Nations General Assembly (UNGA) president has called on all countries to unite together to address a range of interconnected, human-created challenges.

Maria Fernanda Espinosa was the president of the 73rd session of the UNGA and former Foreign Minister of Ecuador. With over three decades of taking on roles in academia, NGOs, international organizations and government, she has gained a gamut of expertise in the fields of international relations, peace and security, sustainable development and climate change.

She shared her insights on the current challenges that face humanity and international cooperation in a recent interview with China Global Television Network on the sidelines of the two-day 7th Paris Peace Forum which opened on Monday.

"I would say that the world is full of what they're called multiple and interconnected crises. Crisis on the security front. Crisis on the economic front because of looming inequalities. Crisis on the nature and environment front we are experiencing, what has been called the extinction crisis. And the climate crisis. I think that as citizens, as former public servants and diplomats, we have the responsibility to do something about the things of that we don't like. But all these are human creations. Therefore they have human solutions," she said.

On the UN's evolving role, Espinosa stressed that the international body should be lauded for its accomplishments while pressing forward to form a fairer and more effective institution.

"The main mandate of the UN is keeping the world safe, free of wars, and of course, a pillar on development and on human rights. These are the three pillars 80 years ago, and I think the context has changed, geopolitics has changed, the challenges ahead of us have changed. And I think that the UN is an organization that has done a lot of good but needs to be retooled," she said.

The lifelong diplomat stressed that today's world is in urgent need of international cooperation and solidarity.

"I think the need for international cooperation, the need for better diplomacy, the need for solidarity, the need for really building a human community is more needed than ever. We learned that the hard way with COVID-19. We understood that we are fragile, vulnerable, interdependent. The same thing goes on access to technology, on artificial intelligence, on the service economy that is so important today, when you look at the geopolitics of where are the raw materials that are fundamental for the future," Espinosa said.

Despite the array of challenges, the former UNGA president said that shifts away from concentrated global power give her hope for the future.

"What we see is a multipolar world, a polycentric world, some call it that way, emerging and shaping. We saw it during the BRICS summit recently, and we are not leaving a unipolar, bipolar world anymore. We are living in a world that has many powers playing in the same camp in a way. We see the emerging economies and the middle income countries, also. So, I think that the geopolitics and the geography has changed, and I think institutions have to adapt to these changes. We have to understand leadership in a different way. And I think that all these new and emerging powers have a role to play," she said.

Former UNGA president calls looks to multipolarity to address overlapping challenges

Former UNGA president calls looks to multipolarity to address overlapping challenges

As the 2024 APEC gathering commences in Lima, Peru, China's deepening partnerships with Latin American nations - bolstered by trade, investment, and the Belt and Road initiative - serves as a key example of the country's commitment to fostering inclusive economic cooperation across the Asia-Pacific region.

Under the overarching theme of "Empower. Include. Grow," APEC Peru 2024 which is running from Nov. 10-16, will bring leaders of its 21 member economies together to set the agenda for the Asia-Pacific region, with trade and investment for inclusive and interconnected growth beiamong the priority areas.

At the APEC media center next to the meeting's main venue, booths promoting new technologies and sustainable development are set up. Organizers say Peru is seeking opportunities to connect the largest markets and insert Peruvian companies in regional and global value chains.

In an opinion article posted on the website of the China Global Television Network (CGTN) last weekend, Peru's Ambassador to China Marco Balarezo wrote that exports to APEC economies represented 68.5 percent of Peru's total international transactions in 2023, and that the Asia-Pacific provides a critical region of opportunities and incorporation in the regional and global supply chains.

Chinese President Xi Jinping will attend this year's APEC Economic Leaders' Meeting and pay a state visit to Peru from Wednesday to Sunday, with this being his sixth visit to Latin America since 2013.

An updated free trade agreement (FTA) between Peru and China, set to be signed during President Xi's visit, is another example of how APEC 2024 will bolster the economy, according to Ambassador Balarezo.

China is Latin America's second-largest trading partner and main source of investment, as well as the top trading partner for many countries in the region including Peru. It has signed Free Trade Agreements with five Latin American economies and established high-quality Belt and Road cooperation with 22 Latin American and Caribbean countries. The cooperation has grown beyond traditional areas like trade, finance, and infrastructure to include newer fields such as energy, the digital economy, and aerospace.

One of the flagship cooperative projects, the China-built Chancay Megaport north of Lima, set to become fully operational shortly after the APEC meeting, is establishing Peru as a gateway for South American trade to Asian markets. Beyond that, Balarezo said Peru invites all APEC enterprises to invest in this near-term endeavor.

Since it started over 30 years ago, APEC has turned into a powerful driver of economic growth and one of the most important forums in the Asia-Pacific region. With 21 member economies, APEC represents around 62 percent of the world's GDP and nearly half of global trade.

APEC is the first regional economic cooperation organization that China joined back in 1991. Experts believe China has accelerated the pace of opening up through APEC cooperation and has provided huge opportunities for economic and trade development in the Asia-Pacific region.

Strengthened China-Latin America ties epitomize APEC's push for inclusive economic cooperation

Strengthened China-Latin America ties epitomize APEC's push for inclusive economic cooperation

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