Why it matters:
Araghchi's speech highlights the urgent need for global collaboration to address the deep-rooted inequalities and challenges faced by developing nations, particularly in the context of increasing poverty and food insecurity.
What he is saying:
Araghchi emphasized the importance of multilateral cooperation in addressing structural inequalities within global economic, financial, and trade systems.
He emphasized that the ongoing crises in various regions, particularly in West Asia, require a renewed commitment to collective action.
Araghchi stated, "The Islamic Republic of Iran considers this initiative a valuable platform for strengthening cooperation and solidarity in the development process."
He expressed concern about the growing digital divide and emphasized the need for inclusive governance in emerging technologies such as artificial intelligence.
He criticized developed nations for imposing unilateral coercive measures that undermine the fundamental rights of citizens in developing countries, stating, "Such measures target economic growth, poverty eradication, and sustainable development in these countries."
Key points:
- The eradication of poverty remains the greatest challenge for policymakers in many developing countries.
- There is a growing risk of famine and food insecurity worldwide.
- Structural reforms are essential to ensure the equitable participation of developing countries in global decision-making.
- The ongoing humanitarian crisis in Gaza highlights the failure of the international community to uphold international law and prevent crimes against humanity.
- The Global Development Initiative can play a significant role in promoting the aspirations of developing countries for a more prominent role in shaping the global economic order.
Go deeper:
Iran’s Foreign Minister Meets European Troika and EU Diplomatic Chief in New York
Zohre Khazaee - ahmad shirzadian
