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UN / FFD BRETTON WOODS
STORY: UN / FFD BRETTON WOODS
TRT: 01:46
SOURCE: UNIFEED
RESTRICTIONS: NONE
LANGUAGE: SPANISH / ENGLISH / NATS
DATELINE: 16 APRIL 2019, NEW YORK CITY / FILE
RECENT - NEW YORK CITY
1. Wide shot, exterior, UN Headquarters
16 APRIL 2019, NEW YORK CITY
2. Wide shot, Trusteeship Council
3. Wide shot, dais
4. SOUNDBITE (Spanish) María Fernanda Espinosa, President of the General Assembly:
“The is no time. We have no time to lose, and beyond statistics and numbers, we have the responsibility to respond to our commitment to combatting poverty and inequality, and to guarantee to billions of people who have been pushed to the margins, a dignified and secure life, because we made a commitment in 2015 not to leave anyone behind.”
5. Wide shot, Trusteeship Council
6. SOUNDBITE (English) Ken Ofori-Atta, Minister of Finance, Ghana and Chair of the Development Committee:
“Governors noted that the global outlook foresees a moderate slowdown of economic activity while lingering downside risks remain. Global trade growth has weakened, investment prospects have softened, debt vulnerabilities persist, and policy uncertainty weighs on confidence. And therefore, we require a renewed urgency to ensure that the 2030 goals are not compromised.”
7. Wide shot, Trusteeship Council
8. SOUNDBITE (English) Salim Baddoura, President, Trade and Development Board, UNCTAD:
“Worrying trends are undermining the rules-based international order. Despite some encouraging signs on the development front, humanity is beset by systemic risks compounded by the erosion of multilateralism and the rise of extremist ideologies premised on forms of intolerant nationalism and exceptionalism.”
9. Wide shot, Trusteeship Council
Addressing a Special High-level Meeting of the Economic and Social Council with the Bretton Woods Institutions, WTO and UNCTAD, the President of the General Assembly, María Fernanda Espinosa, today (16 Apr) said there was “no time to lose” to live up to the commitments established in the Sustainable Development Goals (SDGs) by “combatting poverty and inequality.”
Espinosa said, “billions of people who have been pushed to the margins” must be guaranteed “a dignified and secure life, because we made a commitment in 2015 not to leave anyone behind.”
Ghana’s Minister of Finance, Ken Ofori-Atta, who is the Chair of the Development Committee, told the meeting that that during last week’s meeting of the Board of Governors of the International Monetary Fund (IMF) “Governors noted that the global outlook foresees a moderate slowdown of economic activity while lingering downside risks remain. Global trade growth has weakened, investment prospects have softened, debt vulnerabilities persist, and policy uncertainty weighs on confidence. And therefore, we require a renewed urgency to ensure that the 2030 goals are not compromised.”
The President of the Trade and Development Board of UNCTAD, Salim Baddoura, said, “worrying trends are undermining the rules-based international order. Despite some encouraging signs on the development front, humanity is beset by systemic risks compounded by the erosion of multilateralism and the rise of extremist ideologies premised on forms of intolerant nationalism and exceptionalism.”
Today’s interactive dialogue aimed to improve mutual understanding and policy coherence among the policy-making intergovernmental bodies of the international trade and finance institutions. It has traditionally focused on systemic issues and some issues of common concern among the institutions.
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