Fiji Prime Minister Attends the Special High Level Meeting of the ECOSOC in New York
In his capacity as Chair of the Group of 77 and China, Fiji’s Prime Minister, Commodore Josaia Voreqe Bainimarama, today attended the Special High Level Meeting of the UN’s Economic and Social Council (ECOSOC) with the Bretton Woods Institutions, the World Trade Organization, and the United Nations Conference on Trade and Development. The meeting which is centered on the theme of “Coherence, Coordination and Cooperation in the Context of Financing for Development and the Post-2015 Development Agenda,” has drawn Ministers of Finance, Development and Cooperation and Governors of Central Banks. The meeting is in the format of inter-active panel discussions and debates on the world economic situation and financing for development in the context of sustainable development and the post-2015 development framework.
Before addressing the High Level Meeting on behalf of the G77 and China, the Prime Minister met the Secretary-General of the United Nations, H.E. Mr. Ban Ki-moon and the President of ECOSOC, Ambassador Nestor Osorio of Colombia. In his address, the Prime Minister noted that the world economy is still struggling to recover five years on from the global financial crisis, while the global financial and monetary systems still need major reform in order to be “effective, transparent and legitimate.” He stated further that the international financial structure must reflect today’s realities and give “developing countries an increased voice in economic governance.”
The Prime Minister also attended and delivered a statement at a working luncheon today in his capacity as Chair of the G77 and China. The luncheon was hosted by the President of ECOSOC and was also attended by the Deputy Secretary-General of the United Nations, Mr. Jan Eliasson. The Prime Minister in his delivery said that in order to achieve “Coherence, Coordination and Cooperation in the Context of Financing for Sustainable Development and the Post-2015 Development Agenda,” development partners must maintain a strong cooperative platform between them.