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Statement by H.E.Ambassador Wang Yingfan, Permanent Representative of China to the UN, at the 26th Annual Meeting of Foreign Ministers of G-77

2002/09/20

Mr. Chairman,

Ladies and Gentlemen,

First of all, on behalf of the Chinese government, I would like to congratulate G77 on the convening of its 26th ministerial meeting. I am confident that under your distinguished leadership, this meeting will be crowned with success. We would also like to congratulate on his/her election as Chairman of G77 for the coming year.

Mr. Chairman,

As we enter the 21st century, peace and development remain the two overriding themes of our times. Today, the rapid advances of globalization and information technology have opened up broad prospects for the world economy and human progress. Regrettably, development has been very uneven in the world and the developing countries are still faced with numerous serious challenges, such as increasing impoverishment, resources and technology penury, the deepening digital divide and the growing gap between the North and the South. To make matters worse, the prospect for a new round of negotiations at the WTO is not yet clear and the continued economic slowdown experienced by the US and Japan might create new uncertainties for the developing countries in their external environment.

Under this backdrop, effectively resolving the development problems of the developing countries is both an exigency of the long-term stability and development of the world economy and a basis for safeguarding world peace and security. As an important coordinating mechanism for developing countries in the multilateral economic, trade and development field, G77 should make full use of the UN to play an active role in safeguarding the legitimate rights and interests of the developing countries and promoting the establishment of an enabling external environment. In this context, I would like to offer a few thoughts on the priorities of G77's future work at the 57th General Assembly and beyond.

Firstly, we need to be action-oriented in working for the implementation of the UN development objectives and mandates.

A series of major United Nations conferences, including the Millennium Summit, the Conference on Financing for Development and the Summit on Sustainable Development, have forged broad consensuses on questions of urgent concern to the developing countries, i.e. development financing, the elimination of poverty, sustainable development, technology transfers and capacity building. The Millennium Declaration, the Monterrey Consensus and the Johannesburg Declaration on Sustainable Development and Plan of Implementation have laid down concrete objectives, schedules and road maps for international development cooperation. In the next 5 to 10 years, G77 should proceed from the easy tasks to more difficult ones, from specifics to the general in a focused effort to prod the international community to fully carry out and implement the above-mentioned consensus and resolutions in order to bring true benefit to the developing countries.

Secondly, we need to strive for full participation, making sure that developing countries can fully benefit from globalization.

In a globalizing world, the increase in international economic and trade activities, the rapid dissemination of knowledge and capital and the optimized positioning of economic factors on a global scale have brought new opportunities for economic development and have turned into an important force for world peace and stability. On the other hand, as a result of serious imbalances in the process of globalization and in the sharing of its benefits, some developing countries in a vulnerable position have been marginalized and their economic sovereignty and economic security now face new threats. As advocate of the developing countries, G77 should work for the full participation of developing countries in globalization, the bridging of the digital divide and the formulation of rules for international cooperation through democratic consultations. The forthcoming South-South High Level Meeting on Science and Technology in Dubai will be an important opportunity for helping to ensure the full participation of developing countries in globalization, enabling them to use information technology to realize greater development.

Thirdly, we need to seize opportunities to work for the establishment of a fair and reasonable multilateral trading system.

WTO has already launched a new round of negotiations. Both the process and its results will inevitably have a major influence on the future economic and trade development of the world. G77 therefore needs to consolidate the demands and the advantages of the developing countries, support the healthy evolution of the multilateral trading system, stress the need for full implementation of the resolutions of the Uruguay Round concerning developing countries, work for a comprehensive and balanced agenda for the next round of negotiations, urge the developed countries to further open up their markets, oppose all forms of trade protectionism, strengthen capacity building and training and promote the establishment of new rules governing international trade in favor of the long-term development of the developing countries.

Fourthly, we should enhance our cooperation for development by pooling our respective strengths.

Both G77 and China are from the developing world, and have traditionally supported and cooperated with each other on major international issues. We have all gained unique experiences on our paths to development and we now face similar opportunities and challenges. Making full use of our respective strong points, we can explore further possibilities for broadening our cooperation in numerous areas of common concern, such as poverty reduction, environmental protection, financing, technology and capacity building, and devise new ways and means for South-South cooperation.

Mr. Chairman,

In the coming year, China will, as always, support G77 in the common endeavor to steer international development cooperation in a direction that is more favorable to the development of the developing countries.

Thank you, Mr. Chairman.

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