29.3 C
Singapore
Friday, May 2, 2025
spot_img

Avoid division of global economy into two camps’: UN chief takes a dig at America and China

Must read

Taking a swipe at the US and China, UN chief Antonio Guterres said that the world economy could not afford to get split into two opposing camps. The UN chief spoke at a press conference in Phnom Penh, Cambodia.

“We must avoid at all costs the division of the global economy into two parts, led by the two biggest economies – the United States and China,” the UN Secretary-General said.

“Such a rift, with two different sets of rules, two dominant currencies, two internets, and two conflicting strategies on artificial intelligence, would undermine the world’s capacity to respond to the dramatic challenges we face,” he added.

Guterres said ASEAN countries are well placed to bridge this divide, stressing that “we must have one global economy and global market with access for all.”

Further, the United Nations spoke about the situation in Myanmar, and said, “an unending nightmare for the people of that country, and a threat to peace and security across the region.”

“At ASEAN, I condemned the appalling human rights situation in Myanmar and repeated calls on the country’s authorities to release all political prisoners and launch an inclusive process to return to democratic transition. I also urged countries to develop a regional framework to protect refugees,” he tweeted.

Myanmar’s military seized power in February 2021 and since then, the country has been in the grip of a political, human rights, and humanitarian crisis.

The UN chief said ASEAN has taken a principled approach to the issue through its Five-Point Consensus. The war in Ukraine, the global energy and food crisis, and the climate emergency were also on the agenda at the day-long summit, UN News reported.

“In these turbulent times, regional organizations including ASEAN are essential to building global solutions,” Guterres told reporters.

The Secretary-General travelled to Cambodia from Egypt, where the COP27 UN climate change conference is underway.

Guterres is calling for a Climate Solidarity Pact for developed and emerging economies to combine resources and capacities to defeat climate change.

He is also pushing for leaders to reach an agreement on a financial mechanism to support countries that suffer loss and damage from climate-related disasters.

The UN chief will next travel to Bali, Indonesia, for the G20 summit, which begins on Tuesday.
Source: Livemint

spot_img
- Advertisement -spot_img

More articles

spot_img
spot_img
- Advertisement -spot_img

Latest article