Việt Nam supports UNCTAC future priorities

Update: February, 22/2021 - 06:38

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Lê Thị Tuyết Mai. — VNA/VNS Photo

 HÀ NỘI — Ambassadors from the Group of 77 (G77) and China to the United
Nations (UN) in Geneva had an online meeting with Isabelle Durant, the new
Acting Secretary-General of the UN Conference on Trade and Development
(UNCTAD), to discuss their viewpoints, priorities and expectations for the
UNCTAD ahead of its 15th session, slated for October in Barbados.

Ambassador Lê Thị Tuyết Mai, head of the Vietnamese mission in Geneva,

extended congratulations to Durant, expressing her belief that she will drive
the UNCTAD to new success.

Việt Nam supports priorities given by Durant in promoting more inclusive and
greener international trade through greater concentration on socio-economic
aspects such as social equality, human rights protection and the sustainability
of the environment.
The diplomat said Việt Nam highly valued the role of the UNCTAD in boosting
international co-operation and giving multilateral solutions to a series of issues
related to trade and development in the past 65 years, especially in completing
Millennium Development Goals (MDGs) and implementing Sustainable
Development Goals (SDGs).

"Amid the complex development of the COVID-19 pandemic across the world,
Việt Nam hopes the UNCTAD will continue supporting developing countries
through technical co-operation, capacity improvement and ensuring equal
access and reasonable prices of COVID-19 vaccines as well as other medical
bio-products, and support in transforming to digital economy and e-
commerce," she said.

Việt Nam would actively engage in preparations for the UNCTAD-15, the
diplomat said.

At the meeting, held only three days after the new UNCTAD leader took office,
Durant underlined the significance of the opinions from the G77 and China,
while committing to continue strengthening the role of UNCTAD in promoting
sustainable development and respond to the COVID-19 pandemic in
developing countries.

Regarding future priorities for the UNCTAD, she said that the UNCTAD would
focus on preparations for the 15th session and the fifth UN session on least
developed countries (LDCs) in Qatar in January 2022, as well as the
mobilisation of resources and tools for member countries to engage in
activities of the World Trade Organization (WTO).

Other priorities included promoting innovation and digital economy, post-

pandemic recovery and the organisation of the G7 Summit, she said.

With 195 members, UNCTAD is a permanent intergovernmental body

established by the United Nations General Assembly in 1964.

The 15th UNCTAD quadrennial conference is the highest decision-making

body of UNCTAD at which member states assess current trade and
development issues and formulate global policy responses. It also sets the
organisation’s work priorities for the next four years. The conference presents
an opportunity to rethink development solutions and build solidarity among
nations. — VNS