Sisi Calls for Worldwide Cooperation to Address the Debt Crisis Hitting Developing Countries

Sisi Calls for Worldwide Cooperation to Address the Debt Crisis Hitting Developing Countries

During his participation in the virtual presidential event “A Global Call for the Future Summit”, he called for full adherence to the implementation of the United Nations Charter, to establish a system based on the principles and rules of international law, without discrimination or double standards, and to implement international legitimacy resolutions, to consolidate the stability of international peace and security.

He also called for reforming the structure of the global financial system, enhancing the participation of developing countries in economic decision-making mechanisms, and strengthening the role of the United Nations in international economic governance, in a way that contributes to facilitating the countries of the South’s access to the necessary financing to achieve sustainable development, in addition to addressing the debt crisis that is accumulating on developing countries, as a result of global crises that were not caused by those countries.

The Egyptian President called for strengthening efforts to eradicate poverty and hunger at the global level, and to confront the challenges of food security that are exacerbated by multiple factors, most notably water scarcity, whether for natural or man-made reasons, which requires international cooperation to fulfill everyone’s right to access water, and to respect international law in the management of transboundary rivers, to ensure consensus among the countries concerned, and to prevent harm to any country.

Al-Sisi expressed Egypt’s aspiration for the summit to produce tangible results that push towards real change, in implementation of international pledges to provide security and achieve sustainable development for all peoples without exception.

Source: RT

#Sisi #calls #world #address #debt #crisis #developing #countries
2024-09-13 09:48:07

Summit of the Future 2024

Global Call for the Future Summit: World Leaders Unite for a Better Tomorrow

In ⁣a virtual‌ presidential event, “A Global Call for⁤ the Future Summit”, world leaders ‌have come together to address the ⁤pressing issues​ of our time.⁤ The summit has brought⁢ together prominent leaders from around the world, including Egyptian President Sisi, Vietnamese Party General ‌Secretary and ⁢State President To ‌Lam, and Turkish President Recep Tayyip Erdogan, among others. During the event, these leaders have called ⁢for urgent reforms to ensure a more stable, equitable, and⁤ sustainable future‍ for all.

Reforming the Global Financial System

One of⁣ the key areas of ‌focus has⁣ been the need to reform the global financial system. Egyptian President Sisi, in his address, emphasized the need for a more inclusive and equitable system that allows developing countries ‍to have a greater say in economic⁣ decision-making mechanisms [[1]].‍ He also stressed the importance of strengthening the role of the United Nations in international economic governance, which would facilitate⁤ access to necessary financing for sustainable development and address the debt crisis that ‍is crippling ⁣many developing countries.

Food Security and Poverty Eradication

The Egyptian President also highlighted the urgent need to eradicate poverty and hunger at the global level, and to confront the challenges of food security [[1]]. He noted that​ water scarcity, whether natural or man-made, is exacerbating the ⁢issue of food ⁣security, and called for⁤ collective ⁢efforts to address this critical issue.

International Law ‍and Legitimacy

In his address, President Sisi ⁣emphasized the ‍need for full adherence to the‍ implementation of the United Nations Charter, and the establishment of a system based on the principles and rules of international law, without discrimination or double standards ‍ [[1]]. ⁤He also called for the implementation of ​international ⁢legitimacy resolutions, which would consolidate the stability ‌of​ international peace and security.

United Nations’ Role

The importance of the United Nations’ role in maintaining international peace and security was also emphasized by ​other leaders. ​Turkish President Erdogan, in his video message, reiterated his country’s commitment to standing against ​challenges to global peace and security [[3]]. Similarly, Vietnamese Party General Secretary‍ and State President To Lam,⁤ in ‍his video ​message, emphasized the need for collective efforts to address global challenges [[2]].

A Call to Action

The Global⁣ Call for the Future​ Summit ​is a timely reminder of the need for collective action to address the pressing issues of our time. The summit has brought together world leaders to share ‍their⁣ vision for a⁢ better future, and to commit to working together to achieve it. As the world grapples with multiple challenges, including ⁢poverty,⁤ hunger, food security, and⁢ economic ⁤inequality, the call for reform and collective action has never been more ⁤urgent.

Conclusion

The Global Call for the Future​ Summit is a ⁤beacon of hope for a⁢ better tomorrow. It is a testament to the power‌ of collective action and the importance of global cooperation in addressing the complex challenges we face. As we move forward, it is essential that‌ we continue to work together to create a more just,‌ equitable, and sustainable world for all.

References:

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[[3]]

UN Summit of the Future

Summit of the Future 2024: A Global Call to Action

The Summit of the Future is a pivotal event that brings together world leaders to address the pressing issues of our time. In a virtual presidential event, “A Global Call for the Future Summit”, prominent leaders from around the world, including Egyptian President Sisi, Vietnamese Party General Secretary and State President To Lam, and Turkish President Recep Tayyip Erdogan, among others, have come together to call for urgent reforms to ensure a more stable, equitable, and sustainable future for all.

Reforming the Global Financial System

One of the key areas of focus has been the need to reform the global financial system. Egyptian President Sisi emphasized the need for a more inclusive and equitable system that allows developing countries to have a greater say in economic decision-making mechanisms [[1]]. He also stressed the importance of strengthening the role of the United Nations in international economic governance, which would facilitate access to necessary financing for sustainable development and address the debt crisis that is crippling many developing countries.

Food Security and Poverty Eradication

The Egyptian President also highlighted the urgent need to eradicate poverty and hunger at the global level, and to confront the challenges of food security [[1]]. He noted that water scarcity, whether natural or man-made, is exacerbating the issue of food security, and called for collective efforts to address this critical issue.

International Law and Legitimacy

In his address, President Sisi emphasized the need for full adherence to the implementation of the United Nations Charter, and the establishment of a system based on the principles and rules of international law, without discrimination or double standards [[1]]. He also called for the implementation of international legitimacy resolutions, which would consolidate the stability of international peace and security.

United Nations’ Role

The importance of the United Nations’ role in maintaining international peace and security was also emphasized by other leaders. Turkish President Erdogan, in his video message, reiterated his country’s commitment to standing against challenges to global peace and security [[3]]. Similarly, Vietnamese Party General Secretary and State President To Lam, in his video message, emphasized the need for collective efforts to address global challenges [[2]].

A Call to Action

The Global Call for the Future Summit is a timely reminder of the need for collective action to address the pressing issues of our time. The summit has brought together world leaders to share their vision for a better future, and to commit to working together to achieve it. As the world grapples with

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