International

Argentine President criticizes world financial order before the UN

Photo: ONU

September 20 |

The president of Argentina, Alberto Fernandez, criticized this Tuesday the global financial architecture during his participation in the 78th session of the General Assembly of the United Nations (UN).

“The global financial architecture only serves to concentrate income and marginalize vast regions of the world. They bet on speculation rather than development”, denounced the South American leader in the highest forum of the UN, whose headquarters is located in the U.S. city of New York.

He recalled that the International Monetary Fund (IMF) increases its interests every time the United States (US) Federal Reserve raises its rates to contain national inflation.

According to the head of state, the international financial order does not show willingness to adapt to a world that wants to recover the lost equity, but pursues to impose the same policies that deepened inequality and misery in the world.

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“We must eliminate the distortions produced by subsidies and we must prohibit food from being the object of financial speculation. Both discourage the investments needed to increase production to help meet the world’s growing demand for food,” he said.

In his speech of approximately 18 minutes, the president also spoke about the Malvinas Question and ratified Argentina’s legitimate rights over these territories occupied by the United Kingdom.

“We regret that the United Kingdom continues to refuse to resume negotiations. We question that it continues to develop unilateral activities of exploration and exploitation of natural resources in the disputed area, thus contradicting resolution 31/49 of this Assembly, as well as its military presence in the South Atlantic,” he said.

The head of state reiterated his call to Iran to cooperate with the Argentine judicial authorities to advance in the investigation of the attack against the AMIA (Argentine Israelite Mutual Association), which took place in 1994.

Fernández condemned the U.S. blockade of Cuba and the economic sanctions imposed on Venezuela.

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He demanded the international community to take the pertinent actions so that the popular will dictated by the elections in Guatemala be respected.

He also called attention to Azerbaijan’s blockades in the Lachin Corridor, which have provoked a new crisis among the Armenian people.

“The motto of the 2030 Agenda is that no one be left behind. Let no one lose forever the path of justice and development. We are convinced that it is a noble goal that is true for individuals and true for peoples. But please, let us not turn it into a dead letter. Afterwards, repentance does not repair the lives spoiled, the lives without future, and much less the lives lost”, concluded the dignitary.

Related Topics:Argentine President UN world financial order

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