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President of Suriname asked to renew financial architecture at UN

United Nations, Sep 20 (Prensa Latina) The president of Suriname, Chandrikapersad Santokhi, asked today before the 78th General Assembly of the United Nations to renew the international financial architecture so that developing countries can find solutions to their problems.

The leader regretted that in recent years the world has not made progress on the essential issues of peace, prosperity and climate, while highlighting how, on the contrary, the challenges have multiplied.

At this point, he said that in order to confront adverse situations, promises are made that in the end turn out to be unfulfilled.

We tend to express noble objectives but the fulfillment is inadequate, we cannot continue to act like this, developing countries cannot afford this situation, no country can solve the challenge alone,’ he said.

He then called to show collective leadership to solve the challenges effectively and to apply a new approach, a new type of fairer multilateralism that forces nations to get together, that shows commitment to international respect and international law.

We must overcome national interests and focus on common goals for the prosperity of peoples and the development of the world,’ he said.

He pointed out that for developing states with low-lying coastal areas, fiscal pressures represent a major risk and emphasized how high debt servicing generates significant effects on societies.

He also referred to the holding of another climate conference, COP 28, which should promote different outcomes from previous events of the same type.

Despite the efforts made, he pointed out, the world is far from avoiding irreversible damage.

Due to climate change, he added, Suriname suffers from very high temperatures, has problems in relation to access to drinking water, is vulnerable to flooding and also to rising sea levels.

Nevertheless, he reaffirmed that his country remains committed to protecting the planet, for which it is designing actions and promoting public-private partnerships to mitigate negative carbon dioxide emissions.

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