From June 12-13, 2024, the Global Leadership Forum on the occasion of the 60th anniversary of the United Nations Conference on Trade and Development (UNCTAD) took place at the United Nations Headquarters in Geneva, Switzerland. At the Forum, Deputy Minister of Foreign Affairs Nguyen Minh Hang, Head of the Vietnamese Delegation, proposed 5 orientations for UNCTAD to continue to promote its role and support developing countries in the coming time.
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First, continue to take the lead in promoting multilateralism and strengthening global cooperation actions.
Second, develop an open trade and investment system that benefits all countries and stakeholders.
Third, UNCTAD supports enhancing the voice of developing countries in the process of policy making, regulations and global standards, especially in new areas such as green growth, digital transformation, innovation, etc.
Fourth, support developing countries to strengthen their resilience to external shocks and crises.
Fifth, strengthen the alignment of UNCTAD's activities with global agendas.
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| Deputy Minister Nguyen Minh Hang spoke at the discussion session. |
According to Ms. Nguyen Minh Hang, there are 5 challenges facing global economic growth, trade, investment and sustainable development. These are: the adaptability of developing countries cannot keep up with the rapid and profound changes in the world; the development, technology and investment gap between countries is still large; financial, human and natural resources are still limited; climate change and environmental challenges are evolving in a complex manner; geopolitical tensions, fragmentation and increased competition.
Ms. Hang also highly appreciated the achievements and contributions of UNCTAD over the past 60 years in its role as a representative of developing countries and a promoter of global trade and investment. At the same time, she affirmed Vietnam's commitment to supporting UNCTAD's goals and cooperation orientations.
On the occasion of attending the conference, Ms. Nguyen Minh Hang met with UNCTAD Secretary General Rebecca Grynspan, WTO Director General Ngozi Okonjo-Iweala, WEF Executive Director Mirek Dusek, and Cambodian Senior Minister in charge of special issues Sok Siphana.
At the meetings, partners highly appreciated the Government's management and Vietnam's development achievements. The UNCTAD Secretary General said that Vietnam is a successful model of opening up and international economic integration; the WTO Director General said that Vietnam's macroeconomic indicators are the "dream" of many economies; the WEF emphasized that Vietnam is a promising investment destination for member corporations. Partners agreed to promote cooperation and accompany Vietnam on the path of development.
Source: https://thoidai.com.vn/viet-nam-de-xuat-5-dinh-huong-phat-huy-vai-tro-ho-tro-cac-nuoc-dang-phat-trien-201140.html
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