Justin Trudeau and allies call for global unity at the UN Summit held and aimed at mitigating the devastating social and economic impacts of the coronavirus.
The conference is taking place as Canada competes with Norway and Ireland for one of two non permanent seats opening on The UN security council next month. Canada is running on a platform of helping to rebuild the post-pandemic world.
Trudeau co-hosted the meeting with UN-security General Antonio Gutters and Jamaican Prime minister Andrew Holiness, and opened the hours long video conference by affirming Canada’s support for the international institutions. He said, ” The global economy to recover, and for our domestic economies to bounce back, we need a global; co-ordination plan.” and he added . “Our citizens need to have confidence in international institutions that leave no one behind and are capable of overcoming global challenges.”
More than 50 heads of state and government participated in the meeting- including – Germany’s Angela Markel, Franc’s Emanuel Macron,and UK’s Borris Johnson – along with representatives of the world Bank, the International Monetary Fund and the private sector.
U. S peresident Donald Trump did not take part. Trump has argued that wise leaders put the interests of their own countries first.
Raw by Raw and One by one , Markel. Macron. Johnson, the president of European commission, the prime minister of Norway, Ireland, – among others – thrashed Trump’s go-it-alone approach without mentioning his name. The defended the world health organization (WHO), which Trump has defunded, and the Paris agreement on climate change, from which Trump is withdrawing.
Marckel reminded the gathering that Germany rallied nations to fight climate change during thier past G& presidency. Trump is hosting the G7 summit this year.
European commission president Ursula Von Der Leyen noted the pandemic might push some countries to focus on their own needs. “This is wrong we have to work together, and for each other.”
Canada vying for security seat
Macron, who has never shield away from criticizing Trump, said “collective action” by the world”s multilateral systems is crucial. “No single country can find a solution to this crisis. There can be no isolated solution. We have to address issues collectively, such as health, the environment, justice,” said Macron in the latest speech to the summit held with UN. ” The price is paid by all. The solution must be found by all.”
Johnson sometimes viewed as Trump’s political kindred spirit, said all countries are striving to protect thier people, as they should. ” Yet no single country holds the keys to victory against our invisible enemy.” he added, ” If we are to defeat covid-19, achieve a global recovery and avoid a future pandemic, then we must work together across borders.”
Ireland and Norway, Canada’s rivals for the two temporary seats on the security council, echoes that sentiment. ” this is no time to seek confrontation and to look inward,” said Norway’s prime minister Erna Solberg. ” Let us use this moment to ensure more global co-opration in order to build back a healthier , greener, gender-equal and sustainable world.”
the subtext the looming security council vote was also on display. Trudeau has been courting the support of various large voting blocs in Africa, Asia and the Caribbean because European countries are expected to rally around Norway and Ireland.
Barbadian Prime minister Mia Mottley, the current chair of the twenty country caribbean community, thanked Trudeau for his remarks, but laid down a clear marker for him and others. ” i hope that this high level session will not simply be the record of glorious speeches but will trigger action that is needed badly.”
Unless countries come together now to coordinate a recovery plan, the UN estimated the pandemic could slash nearly US$8.5 trillion from the world economy over the next two years, forcing 34.3 million people into extereme poverty this year and potentially 130 million more over the course of the decade.
” This is our chance to begin a conversation on a how we can emerge from this truly global crisis as stronger and more cohesive world- one that creates growth for everyone, addresses inequality and cares for the most vulnerable.” Trudeau said Thursday.
” Canada is ready to do our part as we help bring the world together in the fight be against Covid-19. ” In a release about the event, the UN said all countries “>face economic strains due to the pandemic, particularly developing countries which were already in “debt distress” before the crisis and cn’t afford to cushion the blow from thier citizens or to undertake fiscal stimulus measures.
The conference is addressing ” Six urgent areas of action” to mobilize the financing needed for a global recovery.
Those six areas are:
- Expanding“> liquidity in the global economy and maintaining financial stability.
- Addressing debt vulnerability for developing countries ” to save lives and livelihoods for billions of people around the world.”
- Involving private sector creditors in recovery plans.
- Enhancing external financing for inclusive growth and job creation.
- Preventing illicit offshore financial holdings and money laundering that siphon off trillions of dollars needed for rebuilding economies.
- Aligning recovery policies with sustainable development goals.
The conference aims to create a discussion group in each of the six areas, with the goal of providing concrete proposals by mid-July.
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