{"disclaimer":"Transcripts available through this tool are created by using automatic speech recognition and are not official records nor official documents of the United Nations. Official records and official documents are available on the Official Document System of the United Nations.","url":"https://transcripts.un.org/ar/asset/k1z/k1zbmurtcj?lang=en","llms":{"note":"Plain-text sibling of this page, compact for LLM context. For the full API guide (search, listing, URL grammar) see /llms.txt.","textUrl":"/ar/asset/k1z/k1zbmurtcj.txt","guide":"/llms.txt"},"video":{"id":"k1z/k1zbmurtcj","kaltura_id":"1_zbmurtcj","title":"(Part 4) Fourth Preparatory Committee for the FFD4 Conference (4th PrepCom)","clean_title":"(Part 4) Fourth Preparatory Committee for the FFD4 Conference (4th PrepCom)","url":"https://webtv.un.org/en/asset/k1z/k1zbmurtcj","date":"2025-05-01T00:00:00.000Z","scheduled_time":"2025-05-01T19:00:00.000Z","status":"finished","duration":"02:43:50","category":"Economic and Social Council","body":"Economic and Social Council","event_code":null,"event_type":null,"session_number":null,"pv_symbol":null,"pv_part":null,"slug":"asset/k1z/k1zbmurtcj"},"metadata":{"summary":"The Fourth Preparatory Committee (4th PrepCom) Session for the Fourth International Conference on Financing for Development (FFD4) will be held from 30 April to 1 May 2025","description":"The Fourth Preparatory Committee (4th PrepCom) Session for the Fourth International Conference on Financing for Development (FFD4) will bring together heads of state and government, ministers and high-level government officials as well as senior officials of international organizations. Civil society organizations, the business sector and local authorities will also be represented.","categories":["Meetings & Events","Economic and Social Council"],"geographic_subject":[],"subject_topical":["DEVELOPMENT FINANCE","SUSTAINABLE DEVELOPMENT GOALS","SUSTAINABLE DEVELOPMENT"],"corporate_name":[],"speaker_affiliation":[],"related_documents":[{"title":"4th PrepCom + FFD Forum 2025 website","url":"https://financing.desa.un.org/preparatory-process-ffd4/first-prepcom"},{"title":"FFD4 website","url":"https://financing.desa.un.org/ffd4"}]},"transcript":{"transcript_id":"azure-llm-speech-4769a7c2-923c-4579-bace-ce86ef83e397","language":"en","data":[{"statement_number":1,"start":3.23,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=4","paragraphs":[{"sentences":[{"text":"Excellencies, distinguished delegates, I call to order the third informal meeting of the FFD4 Preparatory Committee at its fourth session.","start":3.23,"end":14.35,"topics":[],"words":[{"text":"Excellencies,","start":3.23,"end":4.23},{"text":"distinguished","start":4.23,"end":5.07},{"text":"delegates,","start":5.15,"end":6.03},{"text":"I","start":6.75,"end":6.91},{"text":"call","start":6.91,"end":7.31},{"text":"to","start":7.31,"end":7.55},{"text":"order","start":7.55,"end":8.11},{"text":"the","start":8.11,"end":8.35},{"text":"third","start":8.35,"end":8.83},{"text":"informal","start":8.83,"end":9.39},{"text":"meeting","start":9.39,"end":9.87},{"text":"of","start":9.87,"end":10.03},{"text":"the","start":10.03,"end":10.19},{"text":"FFD4","start":10.27,"end":11.23},{"text":"Preparatory","start":11.23,"end":12.03},{"text":"Committee","start":12.03,"end":12.75},{"text":"at","start":12.75,"end":12.99},{"text":"its","start":12.99,"end":13.31},{"text":"fourth","start":13.31,"end":13.71},{"text":"session.","start":13.71,"end":14.35}]},{"text":"Welcome to this informal meeting which will provide an opportunity for expert technical discussions on critical issues under discussion in the draft outcome document of the conference.","start":17.39,"end":31.55,"topics":[],"words":[{"text":"Welcome","start":17.39,"end":18.11},{"text":"to","start":18.35,"end":18.75},{"text":"this","start":18.99,"end":19.39},{"text":"informal","start":19.39,"end":19.95},{"text":"meeting","start":19.95,"end":20.35},{"text":"which","start":20.35,"end":20.67},{"text":"will","start":20.67,"end":20.91},{"text":"provide","start":20.91,"end":21.47},{"text":"an","start":21.47,"end":21.59},{"text":"opportunity","start":21.59,"end":22.59},{"text":"for","start":22.91,"end":23.23},{"text":"expert","start":23.23,"end":23.79},{"text":"technical","start":23.87,"end":24.47},{"text":"discussions","start":24.47,"end":25.31},{"text":"on","start":25.31,"end":25.47},{"text":"critical","start":25.47,"end":26.03},{"text":"issues","start":26.03,"end":26.75},{"text":"under","start":26.91,"end":27.31},{"text":"discussion","start":27.31,"end":28.11},{"text":"in","start":28.35,"end":28.51},{"text":"the","start":28.51,"end":28.67},{"text":"draft","start":28.67,"end":29.23},{"text":"outcome","start":29.23,"end":29.71},{"text":"document","start":29.71,"end":30.43},{"text":"of","start":30.43,"end":30.67},{"text":"the","start":30.67,"end":30.75},{"text":"conference.","start":30.75,"end":31.55}]},{"text":"This afternoon we will have two panel discussions.","start":32.35,"end":35.63,"topics":[],"words":[{"text":"This","start":32.35,"end":32.67},{"text":"afternoon","start":32.67,"end":33.31},{"text":"we","start":33.31,"end":33.51},{"text":"will","start":33.51,"end":33.71},{"text":"have","start":33.71,"end":34.03},{"text":"two","start":34.03,"end":34.27},{"text":"panel","start":34.27,"end":34.71},{"text":"discussions.","start":34.71,"end":35.63}]},{"text":"The first one will be on trade as an engine for development, and the second one is on mobilizing private finance.","start":35.95,"end":44.83,"topics":[],"words":[{"text":"The","start":35.95,"end":36.11},{"text":"first","start":36.11,"end":36.51},{"text":"one","start":36.51,"end":36.67},{"text":"will","start":36.67,"end":36.91},{"text":"be","start":36.91,"end":37.31},{"text":"on","start":37.31,"end":37.47},{"text":"trade","start":37.47,"end":37.99},{"text":"as","start":38.11,"end":38.35},{"text":"an","start":38.35,"end":38.59},{"text":"engine","start":38.59,"end":38.99},{"text":"for","start":38.99,"end":39.31},{"text":"development,","start":39.31,"end":40.11},{"text":"and","start":40.51,"end":40.71},{"text":"the","start":40.71,"end":40.79},{"text":"second","start":40.79,"end":41.11},{"text":"one","start":41.23,"end":41.63},{"text":"is","start":41.63,"end":42.11},{"text":"on","start":42.11,"end":42.23},{"text":"mobilizing","start":42.23,"end":43.47},{"text":"private","start":43.47,"end":44.03},{"text":"finance.","start":44.03,"end":44.83}]},{"text":"We shall now begin the discussion on trade as an engine for development.","start":46.87,"end":52.15,"topics":[],"words":[{"text":"We","start":46.87,"end":47.07},{"text":"shall","start":47.07,"end":47.27},{"text":"now","start":47.27,"end":47.59},{"text":"begin","start":47.59,"end":47.99},{"text":"the","start":47.99,"end":48.11},{"text":"discussion","start":48.11,"end":48.87},{"text":"on","start":48.87,"end":49.11},{"text":"trade","start":49.11,"end":49.59},{"text":"as","start":49.67,"end":49.99},{"text":"an","start":49.99,"end":50.31},{"text":"engine","start":50.31,"end":50.95},{"text":"for","start":50.95,"end":51.35},{"text":"development.","start":51.35,"end":52.15}]},{"text":"And I am pleased to welcome our distinguished presenters for this discussion.","start":52.79,"end":57.03,"topics":[],"words":[{"text":"And","start":52.79,"end":52.95},{"text":"I","start":52.95,"end":53.07},{"text":"am","start":53.07,"end":53.19},{"text":"pleased","start":53.19,"end":53.59},{"text":"to","start":53.59,"end":53.67},{"text":"welcome","start":53.67,"end":54.23},{"text":"our","start":54.23,"end":54.47},{"text":"distinguished","start":54.47,"end":55.11},{"text":"presenters","start":55.11,"end":55.83},{"text":"for","start":55.83,"end":56.15},{"text":"this","start":56.15,"end":56.35},{"text":"discussion.","start":56.35,"end":57.03}]},{"text":"Ministers, excellencies, distinguished delegates, on behalf of my fellow co-facilitators, it is my pleasure to moderate this panel discussion on trade as an engine for development.","start":58.55,"end":72.15,"topics":[],"words":[{"text":"Ministers,","start":58.55,"end":59.35},{"text":"excellencies,","start":59.35,"end":60.07},{"text":"distinguished","start":60.23,"end":61.55},{"text":"delegates,","start":61.55,"end":62.15},{"text":"on","start":62.47,"end":62.59},{"text":"behalf","start":62.63,"end":63.27},{"text":"of","start":63.27,"end":63.51},{"text":"my","start":63.51,"end":63.75},{"text":"fellow","start":63.75,"end":64.23},{"text":"co-facilitators,","start":64.23,"end":65.59},{"text":"it","start":65.91,"end":66.07},{"text":"is","start":66.07,"end":66.31},{"text":"my","start":66.31,"end":66.47},{"text":"pleasure","start":66.47,"end":67.11},{"text":"to","start":67.11,"end":67.23},{"text":"moderate","start":67.23,"end":67.75},{"text":"this","start":67.75,"end":67.99},{"text":"panel","start":67.99,"end":68.35},{"text":"discussion","start":68.35,"end":69.19},{"text":"on","start":69.35,"end":69.59},{"text":"trade","start":69.59,"end":70.07},{"text":"as","start":70.31,"end":70.51},{"text":"an","start":70.51,"end":70.79},{"text":"engine","start":70.79,"end":71.11},{"text":"for","start":71.11,"end":71.35},{"text":"development.","start":71.35,"end":72.15}]},{"text":"International trade as an engine for development is increasingly under threat, tariffs and trade restrictions are on the rise globally amidst rising trade tensions and stalled multilateral negotiations.","start":72.59,"end":87.07,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. These were described as undermining development, distorting competition, and limiting market access for poorer economies."}],"words":[{"text":"International","start":72.59,"end":73.39},{"text":"trade","start":73.39,"end":73.79},{"text":"as","start":73.79,"end":73.91},{"text":"an","start":73.91,"end":73.99},{"text":"engine","start":73.99,"end":74.35},{"text":"for","start":74.35,"end":74.51},{"text":"development","start":74.51,"end":75.31},{"text":"is","start":75.55,"end":75.71},{"text":"increasingly","start":75.71,"end":76.75},{"text":"under","start":76.75,"end":77.15},{"text":"threat,","start":77.15,"end":77.71},{"text":"tariffs","start":78.35,"end":78.91},{"text":"and","start":78.91,"end":79.07},{"text":"trade","start":79.07,"end":79.39},{"text":"restrictions","start":79.39,"end":80.27},{"text":"are","start":80.27,"end":80.55},{"text":"on","start":80.55,"end":80.67},{"text":"the","start":80.67,"end":80.79},{"text":"rise","start":80.79,"end":81.15},{"text":"globally","start":81.15,"end":81.87},{"text":"amidst","start":81.87,"end":82.51},{"text":"rising","start":82.51,"end":83.07},{"text":"trade","start":83.07,"end":83.39},{"text":"tensions","start":83.39,"end":84.11},{"text":"and","start":84.43,"end":84.67},{"text":"stalled","start":84.67,"end":85.07},{"text":"multilateral","start":85.07,"end":85.95},{"text":"negotiations.","start":85.95,"end":87.07}]},{"text":"Developing countries, in particular LDCs, LLDCs and SEEDS, with limited productive capacity and trade infrastructure, have challenges integrating productivity into the world productively into the world economy.","start":87.59,"end":102.71,"topics":[],"words":[{"text":"Developing","start":87.59,"end":88.15},{"text":"countries,","start":88.15,"end":88.63},{"text":"in","start":88.63,"end":88.75},{"text":"particular","start":88.75,"end":89.59},{"text":"LDCs,","start":89.59,"end":90.47},{"text":"LLDCs","start":90.71,"end":91.91},{"text":"and","start":91.91,"end":92.11},{"text":"SEEDS,","start":92.11,"end":92.63},{"text":"with","start":92.79,"end":93.07},{"text":"limited","start":93.11,"end":93.55},{"text":"productive","start":93.55,"end":94.07},{"text":"capacity","start":94.07,"end":95.03},{"text":"and","start":95.03,"end":95.31},{"text":"trade","start":95.31,"end":95.67},{"text":"infrastructure,","start":95.67,"end":96.55},{"text":"have","start":96.79,"end":97.11},{"text":"challenges","start":97.11,"end":97.83},{"text":"integrating","start":97.83,"end":98.79},{"text":"productivity","start":98.79,"end":99.75},{"text":"into","start":99.75,"end":100.07},{"text":"the","start":100.07,"end":100.23},{"text":"world","start":100.23,"end":100.59},{"text":"productively","start":100.79,"end":101.47},{"text":"into","start":101.47,"end":101.67},{"text":"the","start":101.67,"end":101.83},{"text":"world","start":101.83,"end":102.11},{"text":"economy.","start":102.11,"end":102.71}]},{"text":"This calls for concrete measures to improve their capacities to trade and generate value added with a focus on the furthest behind, including from trade in commodities and critical minerals.","start":103.35,"end":116.47,"topics":[{"key":"value-addition","label":"Value Addition and Industrialization","description":"A major theme was the need for developing countries to move beyond exporting raw materials and low-value goods. Speakers emphasized industrialization, diversification, manufacturing, and deeper participation in regional and global value chains to create jobs and reduce vulnerability to commodity shocks."},{"key":"critical-minerals","label":"Critical Minerals and Commodities","description":"Speakers discussed how countries rich in critical minerals and commodities should capture more value from their resources through local processing, beneficiation, and fair legal frameworks. The goal is to ensure that extraction supports domestic development, structural transformation, and benefits for local communities."}],"words":[{"text":"This","start":103.35,"end":103.67},{"text":"calls","start":103.67,"end":104.07},{"text":"for","start":104.07,"end":104.23},{"text":"concrete","start":104.23,"end":104.71},{"text":"measures","start":104.71,"end":105.27},{"text":"to","start":105.27,"end":105.43},{"text":"improve","start":105.43,"end":105.91},{"text":"their","start":105.91,"end":106.07},{"text":"capacities","start":106.07,"end":106.83},{"text":"to","start":106.83,"end":106.91},{"text":"trade","start":106.95,"end":107.35},{"text":"and","start":107.67,"end":107.91},{"text":"generate","start":107.91,"end":108.51},{"text":"value","start":108.55,"end":109.11},{"text":"added","start":109.11,"end":109.59},{"text":"with","start":109.83,"end":110.11},{"text":"a","start":110.11,"end":110.15},{"text":"focus","start":110.15,"end":110.79},{"text":"on","start":110.87,"end":111.19},{"text":"the","start":111.19,"end":111.27},{"text":"furthest","start":111.27,"end":111.87},{"text":"behind,","start":111.87,"end":112.43},{"text":"including","start":112.55,"end":113.19},{"text":"from","start":113.19,"end":113.43},{"text":"trade","start":113.43,"end":113.83},{"text":"in","start":113.83,"end":114.03},{"text":"commodities","start":114.03,"end":114.87},{"text":"and","start":115.11,"end":115.31},{"text":"critical","start":115.31,"end":115.75},{"text":"minerals.","start":115.75,"end":116.47}]},{"text":"It also calls for a recommitment to multilateral trade that upholds policy space for sustainable development within a universal, rules-based, fair, open, transparent, predictable, inclusive, non-discriminatory and equitable system.","start":116.87,"end":133.27,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."},{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"It","start":116.87,"end":117.03},{"text":"also","start":117.03,"end":117.35},{"text":"calls","start":117.35,"end":117.75},{"text":"for","start":117.75,"end":118.15},{"text":"a","start":118.15,"end":118.19},{"text":"recommitment","start":118.19,"end":119.15},{"text":"to","start":119.15,"end":119.27},{"text":"multilateral","start":119.27,"end":120.15},{"text":"trade","start":120.15,"end":120.55},{"text":"that","start":120.55,"end":120.71},{"text":"upholds","start":120.71,"end":121.27},{"text":"policy","start":121.27,"end":121.83},{"text":"space","start":121.83,"end":122.31},{"text":"for","start":122.71,"end":122.95},{"text":"sustainable","start":122.95,"end":123.59},{"text":"development","start":123.59,"end":124.39},{"text":"within","start":124.39,"end":124.79},{"text":"a","start":124.79,"end":124.87},{"text":"universal,","start":124.87,"end":125.75},{"text":"rules-based,","start":125.99,"end":126.87},{"text":"fair,","start":126.87,"end":127.43},{"text":"open,","start":127.43,"end":127.91},{"text":"transparent,","start":127.91,"end":128.59},{"text":"predictable,","start":128.59,"end":129.43},{"text":"inclusive,","start":129.67,"end":130.39},{"text":"non-discriminatory","start":130.39,"end":131.67},{"text":"and","start":131.67,"end":131.87},{"text":"equitable","start":131.87,"end":132.55},{"text":"system.","start":132.55,"end":133.27}]},{"text":"The trade chapter of the first draft contains actions to preserve the multilateral trading system as a key driver of economic growth and sustainable development.","start":134.47,"end":145.19,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"The","start":134.47,"end":134.71},{"text":"trade","start":134.71,"end":135.11},{"text":"chapter","start":135.11,"end":135.75},{"text":"of","start":135.75,"end":135.91},{"text":"the","start":135.91,"end":136.07},{"text":"first","start":136.07,"end":136.51},{"text":"draft","start":136.51,"end":137.03},{"text":"contains","start":137.03,"end":137.67},{"text":"actions","start":137.67,"end":138.23},{"text":"to","start":138.23,"end":138.39},{"text":"preserve","start":138.39,"end":138.79},{"text":"the","start":138.79,"end":138.91},{"text":"multilateral","start":138.91,"end":139.75},{"text":"trading","start":139.75,"end":140.15},{"text":"system","start":140.15,"end":140.79},{"text":"as","start":141.03,"end":141.27},{"text":"a","start":141.27,"end":141.31},{"text":"key","start":141.31,"end":141.51},{"text":"driver","start":141.51,"end":142.15},{"text":"of","start":142.15,"end":142.35},{"text":"economic","start":142.35,"end":142.87},{"text":"growth","start":142.87,"end":143.35},{"text":"and","start":143.51,"end":143.75},{"text":"sustainable","start":143.75,"end":144.39},{"text":"development.","start":144.39,"end":145.19}]},{"text":"strengthen trade capacities of developing countries, in particular LDCs, LLDCs and SEEDS, and their ability to integrate into regional and global value chains in a very challenging global context.","start":145.51,"end":160.43,"topics":[{"key":"value-addition","label":"Value Addition and Industrialization","description":"A major theme was the need for developing countries to move beyond exporting raw materials and low-value goods. Speakers emphasized industrialization, diversification, manufacturing, and deeper participation in regional and global value chains to create jobs and reduce vulnerability to commodity shocks."}],"words":[{"text":"strengthen","start":145.51,"end":146.23},{"text":"trade","start":146.23,"end":146.55},{"text":"capacities","start":146.55,"end":147.43},{"text":"of","start":147.43,"end":147.63},{"text":"developing","start":147.63,"end":148.15},{"text":"countries,","start":148.15,"end":148.79},{"text":"in","start":148.79,"end":148.99},{"text":"particular","start":148.99,"end":149.71},{"text":"LDCs,","start":149.71,"end":150.47},{"text":"LLDCs","start":150.79,"end":151.91},{"text":"and","start":151.91,"end":152.07},{"text":"SEEDS,","start":152.07,"end":152.55},{"text":"and","start":152.87,"end":152.99},{"text":"their","start":152.99,"end":153.19},{"text":"ability","start":153.19,"end":153.75},{"text":"to","start":153.75,"end":153.83},{"text":"integrate","start":153.83,"end":154.55},{"text":"into","start":154.87,"end":155.23},{"text":"regional","start":155.23,"end":155.99},{"text":"and","start":155.99,"end":156.19},{"text":"global","start":156.19,"end":156.63},{"text":"value","start":156.63,"end":157.03},{"text":"chains","start":157.03,"end":157.59},{"text":"in","start":157.83,"end":158.03},{"text":"a","start":158.03,"end":158.07},{"text":"very","start":158.07,"end":158.55},{"text":"challenging","start":158.55,"end":159.27},{"text":"global","start":159.27,"end":159.75},{"text":"context.","start":159.75,"end":160.43}]},{"text":"Boost trade in LDCs, many of which remain marginalized and dependent on natural resources and primary commodity exports, and to increase local value addition and beneficiation of critical minerals and commodities in developing countries.","start":160.87,"end":178.71,"topics":[{"key":"value-addition","label":"Value Addition and Industrialization","description":"A major theme was the need for developing countries to move beyond exporting raw materials and low-value goods. Speakers emphasized industrialization, diversification, manufacturing, and deeper participation in regional and global value chains to create jobs and reduce vulnerability to commodity shocks."},{"key":"critical-minerals","label":"Critical Minerals and Commodities","description":"Speakers discussed how countries rich in critical minerals and commodities should capture more value from their resources through local processing, beneficiation, and fair legal frameworks. The goal is to ensure that extraction supports domestic development, structural transformation, and benefits for local communities."}],"words":[{"text":"Boost","start":160.87,"end":161.31},{"text":"trade","start":161.31,"end":161.63},{"text":"in","start":161.67,"end":161.95},{"text":"LDCs,","start":161.95,"end":162.71},{"text":"many","start":162.95,"end":163.35},{"text":"of","start":163.35,"end":163.47},{"text":"which","start":163.47,"end":163.75},{"text":"remain","start":163.75,"end":164.39},{"text":"marginalized","start":164.39,"end":165.51},{"text":"and","start":165.51,"end":165.71},{"text":"dependent","start":165.71,"end":166.47},{"text":"on","start":166.47,"end":166.67},{"text":"natural","start":166.67,"end":167.11},{"text":"resources","start":167.11,"end":167.91},{"text":"and","start":168.31,"end":168.47},{"text":"primary","start":168.47,"end":168.95},{"text":"commodity","start":168.95,"end":169.59},{"text":"exports,","start":169.59,"end":170.31},{"text":"and","start":170.47,"end":170.75},{"text":"to","start":170.75,"end":170.91},{"text":"increase","start":170.91,"end":171.67},{"text":"local","start":171.99,"end":172.39},{"text":"value","start":172.39,"end":172.87},{"text":"addition","start":172.87,"end":173.43},{"text":"and","start":173.51,"end":173.83},{"text":"beneficiation","start":173.83,"end":175.03},{"text":"of","start":175.03,"end":175.15},{"text":"critical","start":175.15,"end":175.59},{"text":"minerals","start":175.59,"end":176.27},{"text":"and","start":176.27,"end":176.39},{"text":"commodities","start":176.39,"end":177.27},{"text":"in","start":177.27,"end":177.47},{"text":"developing","start":177.47,"end":178.07},{"text":"countries.","start":178.07,"end":178.71}]},{"text":"Panellists in this session are invited to pay particular attention to their interventions on the proposals on preserving trade as an engine for development, in particular for development, for developing countries.","start":179.31,"end":192.03,"topics":[],"words":[{"text":"Panellists","start":179.31,"end":179.83},{"text":"in","start":179.83,"end":179.95},{"text":"this","start":179.95,"end":180.23},{"text":"session","start":180.23,"end":180.63},{"text":"are","start":180.63,"end":180.79},{"text":"invited","start":180.79,"end":181.27},{"text":"to","start":181.27,"end":181.43},{"text":"pay","start":181.47,"end":181.71},{"text":"particular","start":181.71,"end":182.51},{"text":"attention","start":182.51,"end":183.07},{"text":"to","start":183.07,"end":183.23},{"text":"their","start":183.23,"end":183.39},{"text":"interventions","start":183.39,"end":184.27},{"text":"on","start":184.59,"end":184.75},{"text":"the","start":184.75,"end":184.83},{"text":"proposals","start":184.83,"end":185.71},{"text":"on","start":185.71,"end":185.87},{"text":"preserving","start":185.87,"end":186.51},{"text":"trade","start":186.51,"end":186.91},{"text":"as","start":186.91,"end":187.07},{"text":"an","start":187.07,"end":187.31},{"text":"engine","start":187.31,"end":187.71},{"text":"for","start":187.71,"end":187.95},{"text":"development,","start":187.95,"end":188.71},{"text":"in","start":188.91,"end":189.07},{"text":"particular","start":189.07,"end":189.87},{"text":"for","start":189.87,"end":190.11},{"text":"development,","start":190.11,"end":190.67},{"text":"for","start":190.67,"end":190.91},{"text":"developing","start":190.91,"end":191.47},{"text":"countries.","start":191.47,"end":192.03}]},{"text":"I invite the panellists to respond to the following guiding questions.","start":192.43,"end":196.75,"topics":[],"words":[{"text":"I","start":192.43,"end":192.67},{"text":"invite","start":192.67,"end":193.03},{"text":"the","start":193.03,"end":193.15},{"text":"panellists","start":193.15,"end":193.79},{"text":"to","start":193.79,"end":193.95},{"text":"respond","start":193.95,"end":194.63},{"text":"to","start":194.63,"end":194.75},{"text":"the","start":194.75,"end":194.91},{"text":"following","start":194.91,"end":195.55},{"text":"guiding","start":195.55,"end":196.03},{"text":"questions.","start":196.03,"end":196.75}]},{"text":"How can FFD4 support reform of the multilateral trading system and preserve the role of trade as an engine for development, particularly for developing countries?","start":197.11,"end":209.51,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"How","start":197.11,"end":197.43},{"text":"can","start":197.43,"end":197.87},{"text":"FFD4","start":197.87,"end":198.95},{"text":"support","start":198.95,"end":199.67},{"text":"reform","start":199.67,"end":200.39},{"text":"of","start":200.71,"end":200.87},{"text":"the","start":200.87,"end":200.99},{"text":"multilateral","start":200.99,"end":201.83},{"text":"trading","start":201.83,"end":202.31},{"text":"system","start":202.31,"end":203.03},{"text":"and","start":203.27,"end":203.47},{"text":"preserve","start":203.47,"end":203.91},{"text":"the","start":203.91,"end":204.03},{"text":"role","start":204.03,"end":204.39},{"text":"of","start":204.39,"end":204.47},{"text":"trade","start":204.47,"end":205.03},{"text":"as","start":205.03,"end":205.23},{"text":"an","start":205.23,"end":205.43},{"text":"engine","start":205.43,"end":205.83},{"text":"for","start":205.83,"end":206.07},{"text":"development,","start":206.07,"end":206.87},{"text":"particularly","start":207.11,"end":207.91},{"text":"for","start":207.91,"end":208.15},{"text":"developing","start":208.15,"end":208.79},{"text":"countries?","start":208.79,"end":209.51}]},{"text":"Another one is how can FFD4 strengthen international cooperation to ensure that developing countries and local communities endowed with critical minerals and commodities fully benefit from these resources?","start":210.23,"end":226.47,"topics":[{"key":"critical-minerals","label":"Critical Minerals and Commodities","description":"Speakers discussed how countries rich in critical minerals and commodities should capture more value from their resources through local processing, beneficiation, and fair legal frameworks. 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shall now hear presentations by our distinguished panelists, and I would kindly remind our panelists here today to be concise, to be concrete in their 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will have four minutes for your intervention, and I invite you to speak specifically to the first draft of the outcome document and how you want to strengthen the actions for a strong outcome in Seville.","start":239.63,"end":253.71,"topics":[],"words":[{"text":"You","start":239.63,"end":239.79},{"text":"will","start":239.79,"end":240.03},{"text":"have","start":240.03,"end":240.35},{"text":"four","start":240.35,"end":240.67},{"text":"minutes","start":240.67,"end":241.15},{"text":"for","start":241.15,"end":241.47},{"text":"your","start":241.47,"end":241.67},{"text":"intervention,","start":241.67,"end":242.59},{"text":"and","start":242.75,"end":242.99},{"text":"I","start":242.99,"end":243.15},{"text":"invite","start":243.19,"end":243.55},{"text":"you","start":243.55,"end":243.67},{"text":"to","start":243.67,"end":243.83},{"text":"speak","start":243.83,"end":244.19},{"text":"specifically","start":244.19,"end":245.23},{"text":"to","start":245.23,"end":245.35},{"text":"the","start":245.35,"end":245.47},{"text":"first","start":245.47,"end":246.07},{"text":"draft","start":246.07,"end":246.59},{"text":"of","start":246.91,"end":247.15},{"text":"the","start":247.19,"end":247.27},{"text":"outcome","start":247.27,"end":247.63},{"text":"document","start":247.63,"end":248.35},{"text":"and","start":248.35,"end":248.59},{"text":"how","start":248.59,"end":248.91},{"text":"you","start":248.95,"end":249.03},{"text":"want","start":249.03,"end":249.43},{"text":"to","start":249.43,"end":249.51},{"text":"strengthen","start":249.55,"end":250.11},{"text":"the","start":250.11,"end":250.27},{"text":"actions","start":250.27,"end":250.83},{"text":"for","start":251.07,"end":251.31},{"text":"a","start":251.31,"end":251.35},{"text":"strong","start":251.35,"end":251.79},{"text":"outcome","start":251.79,"end":252.43},{"text":"in","start":252.59,"end":252.91},{"text":"Seville.","start":252.91,"end":253.71}]},{"text":"And with this, I would like to give the floor to Mr. Guy Lamothe, Director of the Cabinet at the Ministry of Planification of 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Guy Lamothe, you have the floor.","start":265.51,"end":268.15,"topics":[],"words":[{"text":"Mr.","start":265.51,"end":266.15},{"text":"Guy","start":266.23,"end":266.35},{"text":"Lamothe,","start":266.35,"end":266.83},{"text":"you","start":266.87,"end":267.11},{"text":"have","start":267.11,"end":267.51},{"text":"the","start":267.51,"end":267.67},{"text":"floor.","start":267.67,"end":268.15}]}]}],"speaker":{"name":"Cholla","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":2,"start":275.83,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=276","paragraphs":[{"sentences":[{"text":"Madam Chair, facilitators, ladies and gentlemen, Thank you very much for giving me this opportunity to speak here at the United Nations at a time when global trade is experiencing significant turbulence.","start":275.83,"end":290.31,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. These were described as undermining development, distorting competition, and limiting market access for poorer economies."}],"words":[{"text":"Madam","start":275.83,"end":276.31},{"text":"Chair,","start":276.55,"end":277.19},{"text":"facilitators,","start":277.51,"end":278.47},{"text":"ladies","start":278.47,"end":278.95},{"text":"and","start":278.95,"end":279.15},{"text":"gentlemen,","start":279.15,"end":279.67},{"text":"Thank","start":281.11,"end":281.43},{"text":"you","start":281.43,"end":281.59},{"text":"very","start":281.59,"end":281.83},{"text":"much","start":281.83,"end":282.07},{"text":"for","start":282.07,"end":282.19},{"text":"giving","start":282.19,"end":282.39},{"text":"me","start":282.39,"end":282.51},{"text":"this","start":282.51,"end":282.63},{"text":"opportunity","start":282.63,"end":283.07},{"text":"to","start":283.07,"end":283.15},{"text":"speak","start":283.15,"end":283.59},{"text":"here","start":283.59,"end":283.99},{"text":"at","start":284.07,"end":284.39},{"text":"the","start":284.47,"end":284.75},{"text":"United","start":285.03,"end":285.59},{"text":"Nations","start":285.59,"end":286.03},{"text":"at","start":286.03,"end":286.31},{"text":"a","start":286.31,"end":286.35},{"text":"time","start":286.35,"end":286.63},{"text":"when","start":286.91,"end":287.11},{"text":"global","start":287.11,"end":287.59},{"text":"trade","start":287.59,"end":288.07},{"text":"is","start":288.07,"end":288.23},{"text":"experiencing","start":288.23,"end":288.87},{"text":"significant","start":288.87,"end":289.63},{"text":"turbulence.","start":289.63,"end":290.31}]},{"text":"Haiti would like to reaffirm its commitment to multilateral trade as an engine for sustainable development with an international system based on equity, inclusion, and solidarity.","start":290.79,"end":303.59,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"Haiti","start":290.79,"end":291.19},{"text":"would","start":291.19,"end":291.31},{"text":"like","start":291.31,"end":291.47},{"text":"to","start":291.47,"end":291.59},{"text":"reaffirm","start":291.59,"end":291.99},{"text":"its","start":291.99,"end":292.31},{"text":"commitment","start":292.31,"end":293.23},{"text":"to","start":293.23,"end":293.31},{"text":"multilateral","start":294.63,"end":295.59},{"text":"trade","start":295.59,"end":295.99},{"text":"as","start":295.99,"end":296.23},{"text":"an","start":296.47,"end":296.55},{"text":"engine","start":296.55,"end":297.11},{"text":"for","start":297.11,"end":297.35},{"text":"sustainable","start":297.35,"end":298.15},{"text":"development","start":298.23,"end":298.95},{"text":"with","start":299.51,"end":299.79},{"text":"an","start":299.79,"end":299.91},{"text":"international","start":299.91,"end":300.43},{"text":"system","start":300.43,"end":300.79},{"text":"based","start":300.79,"end":301.07},{"text":"on","start":301.07,"end":301.27},{"text":"equity,","start":301.27,"end":301.83},{"text":"inclusion,","start":301.83,"end":302.39},{"text":"and","start":302.39,"end":302.63},{"text":"solidarity.","start":302.63,"end":303.59}]},{"text":"As a priority, trade needs to be maintained.","start":305.39,"end":309.47,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"As","start":305.39,"end":305.71},{"text":"a","start":305.71,"end":305.87},{"text":"priority,","start":305.87,"end":306.75},{"text":"trade","start":307.15,"end":307.71},{"text":"needs","start":307.71,"end":308.07},{"text":"to","start":308.07,"end":308.27},{"text":"be","start":308.27,"end":308.67},{"text":"maintained.","start":308.75,"end":309.47}]},{"text":"It is a crucial driving force for development, but many developing countries are still marginalised, and increasingly so.","start":309.47,"end":319.15,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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the UNSG said in 2023, no country should be left behind in the global economy.","start":527.39,"end":533.63,"topics":[],"words":[{"text":"As","start":527.39,"end":527.63},{"text":"the","start":527.63,"end":527.75},{"text":"UNSG","start":527.79,"end":528.59},{"text":"said","start":528.59,"end":529.03},{"text":"in","start":529.03,"end":529.11},{"text":"2023,","start":529.11,"end":529.87},{"text":"no","start":529.87,"end":530.11},{"text":"country","start":530.11,"end":530.67},{"text":"should","start":530.99,"end":531.19},{"text":"be","start":531.19,"end":531.47},{"text":"left","start":531.47,"end":531.87},{"text":"behind","start":531.87,"end":532.35},{"text":"in","start":532.35,"end":532.63},{"text":"the","start":532.63,"end":532.71},{"text":"global","start":532.71,"end":533.23},{"text":"economy.","start":533.23,"end":533.63}]},{"text":"Let's be clear here, no progress is possible without security.","start":533.63,"end":539.39,"topics":[],"words":[{"text":"Let's","start":533.63,"end":533.91},{"text":"be","start":533.91,"end":534.03},{"text":"clear","start":534.11,"end":534.59},{"text":"here,","start":534.59,"end":535.07},{"text":"no","start":535.63,"end":536.11},{"text":"progress","start":537.47,"end":537.75},{"text":"is","start":537.75,"end":537.87},{"text":"possible","start":537.87,"end":538.27},{"text":"without","start":538.27,"end":538.59},{"text":"security.","start":538.59,"end":539.39}]},{"text":"Haiti is experiencing a severe socio-political crisis at the moment.","start":539.39,"end":544.59,"topics":[],"words":[{"text":"Haiti","start":539.39,"end":539.95},{"text":"is","start":539.95,"end":540.27},{"text":"experiencing","start":540.59,"end":541.31},{"text":"a","start":541.55,"end":541.59},{"text":"severe","start":541.59,"end":542.23},{"text":"socio-political","start":542.47,"end":543.71},{"text":"crisis","start":543.71,"end":544.15},{"text":"at","start":544.15,"end":544.27},{"text":"the","start":544.27,"end":544.35},{"text":"moment.","start":544.35,"end":544.59}]},{"text":"We need the international communities with support.","start":544.59,"end":546.59,"topics":[],"words":[{"text":"We","start":544.59,"end":544.67},{"text":"need","start":544.67,"end":544.99},{"text":"the","start":544.99,"end":545.11},{"text":"international","start":545.11,"end":545.59},{"text":"communities","start":545.59,"end":546.15},{"text":"with","start":546.15,"end":546.31},{"text":"support.","start":546.31,"end":546.59}]},{"text":"We need to ensure that security is 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whatsoever.","start":549.43,"end":558.83,"topics":[],"words":[{"text":"We","start":549.43,"end":549.55},{"text":"need","start":549.55,"end":549.87},{"text":"to","start":549.87,"end":550.07},{"text":"be","start":550.11,"end":550.35},{"text":"able","start":550.35,"end":550.71},{"text":"once","start":550.71,"end":551.07},{"text":"again","start":551.07,"end":551.63},{"text":"to","start":552.27,"end":552.47},{"text":"be","start":553.55,"end":554.35},{"text":"a","start":554.43,"end":554.47},{"text":"pillar","start":554.47,"end":554.87},{"text":"of","start":554.87,"end":554.99},{"text":"prosperity","start":554.99,"end":555.71},{"text":"in","start":555.71,"end":555.87},{"text":"the","start":555.87,"end":555.99},{"text":"region","start":555.99,"end":556.43},{"text":"and","start":556.43,"end":556.71},{"text":"not","start":556.71,"end":556.91},{"text":"a","start":557.55,"end":557.59},{"text":"pose","start":557.59,"end":557.75},{"text":"a","start":557.75,"end":557.79},{"text":"threat","start":557.79,"end":558.19},{"text":"whatsoever.","start":558.19,"end":558.83}]},{"text":"Thank you very much indeed.","start":558.83,"end":559.79,"topics":[],"words":[{"text":"Thank","start":558.83,"end":559.03},{"text":"you","start":559.03,"end":559.11},{"text":"very","start":559.11,"end":559.27},{"text":"much","start":559.27,"end":559.39},{"text":"indeed.","start":559.39,"end":559.79}]}]}],"speaker":{"name":"Guy Lamothe","affiliation":"HTI","affiliation_full":"Haiti","group":null,"function":"Director of the Cabinet"}},{"statement_number":3,"start":563.47,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=564","paragraphs":[{"sentences":[{"text":"I would like to thank Mr. Guillaume.","start":563.47,"end":566.03,"topics":[],"words":[{"text":"I","start":563.47,"end":563.79},{"text":"would","start":563.79,"end":563.91},{"text":"like","start":563.91,"end":564.19},{"text":"to","start":564.35,"end":564.59},{"text":"thank","start":564.75,"end":565.23},{"text":"Mr.","start":565.31,"end":565.63},{"text":"Guillaume.","start":565.63,"end":566.03}]}]},{"sentences":[{"text":"Ministry of Planning 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Mujayati, you have the floor.","start":584.35,"end":586.35,"topics":[],"words":[{"text":"Mr.","start":584.35,"end":584.75},{"text":"Mujayati,","start":584.75,"end":585.55},{"text":"you","start":585.55,"end":585.67},{"text":"have","start":585.67,"end":585.87},{"text":"the","start":585.87,"end":585.95},{"text":"floor.","start":585.95,"end":586.35}]}]}],"speaker":{"name":"Cholla","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":4,"start":589.39,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=590","paragraphs":[{"sentences":[{"text":"Thank you, Madam co-facilitator.","start":589.39,"end":591.59,"topics":[],"words":[{"text":"Thank","start":589.39,"end":589.63},{"text":"you,","start":589.63,"end":589.79},{"text":"Madam","start":590.11,"end":590.35},{"text":"co-facilitator.","start":590.43,"end":591.59}]},{"text":"for giving me this opportunity to comment on the first draft of the outcome document on issues of 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Spain.","start":603.75,"end":610.23,"topics":[],"words":[{"text":"Trade","start":603.75,"end":604.15},{"text":"is","start":604.15,"end":604.47},{"text":"an","start":604.47,"end":604.71},{"text":"engine","start":604.71,"end":605.27},{"text":"for","start":605.27,"end":605.67},{"text":"growth","start":605.75,"end":606.15},{"text":"as","start":606.99,"end":607.11},{"text":"we","start":607.11,"end":607.51},{"text":"approach","start":607.67,"end":608.23},{"text":"severe","start":608.79,"end":609.35},{"text":"Spain.","start":609.67,"end":610.23}]},{"text":"As we discuss and finalize the outcome document for financing for development, it's crucial to recognize the transformative potential of trade in achieving sustainable development goals.","start":612.55,"end":624.83,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"As","start":612.55,"end":612.75},{"text":"we","start":612.75,"end":612.83},{"text":"discuss","start":612.87,"end":613.35},{"text":"and","start":613.39,"end":613.51},{"text":"finalize","start":613.51,"end":614.07},{"text":"the","start":614.07,"end":614.19},{"text":"outcome","start":614.19,"end":614.55},{"text":"document","start":614.55,"end":615.19},{"text":"for","start":615.99,"end":616.15},{"text":"financing","start":616.15,"end":616.55},{"text":"for","start":616.55,"end":616.71},{"text":"development,","start":616.71,"end":617.27},{"text":"it's","start":617.91,"end":618.19},{"text":"crucial","start":618.19,"end":618.47},{"text":"to","start":618.47,"end":618.59},{"text":"recognize","start":618.67,"end":619.11},{"text":"the","start":619.11,"end":619.27},{"text":"transformative","start":619.27,"end":620.23},{"text":"potential","start":620.31,"end":621.03},{"text":"of","start":621.43,"end":621.55},{"text":"trade","start":621.55,"end":622.11},{"text":"in","start":622.11,"end":622.35},{"text":"achieving","start":622.35,"end":622.83},{"text":"sustainable","start":623.23,"end":623.75},{"text":"development","start":623.79,"end":624.27},{"text":"goals.","start":624.27,"end":624.83}]},{"text":"Trade is an important tool, a vehicle for sustainable development, and indeed an engine for growth and development.","start":625.79,"end":634.43,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"focusing","start":678.51,"end":678.91},{"text":"on","start":678.91,"end":679.07},{"text":"trade","start":679.07,"end":679.47},{"text":"facilitation,","start":679.87,"end":680.75},{"text":"fostering","start":682.27,"end":682.71},{"text":"inclusiveness.","start":682.71,"end":683.63}]},{"text":"And in this regard, co-facilitator, the outcome document of FFD4 must therefore ensure that multilateral cooperation agreements are reviewed to include provisions which protect member states from the risks associated with protectionism, which is rising, emerging harmful technology, as well as unfair trade practices.","start":684.43,"end":712.07,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"And","start":684.43,"end":684.55},{"text":"in","start":684.55,"end":684.67},{"text":"this","start":684.67,"end":684.83},{"text":"regard,","start":684.91,"end":685.39},{"text":"co-facilitator,","start":685.87,"end":686.91},{"text":"the","start":687.39,"end":687.51},{"text":"outcome","start":687.51,"end":687.91},{"text":"document","start":687.91,"end":688.51},{"text":"of","start":688.51,"end":688.59},{"text":"FFD4","start":689.07,"end":689.95},{"text":"must","start":690.35,"end":690.59},{"text":"therefore","start":690.59,"end":691.07},{"text":"ensure","start":691.11,"end":691.55},{"text":"that","start":692.35,"end":692.67},{"text":"multilateral","start":692.67,"end":693.39},{"text":"cooperation","start":693.47,"end":694.15},{"text":"agreements","start":694.15,"end":694.83},{"text":"are","start":695.47,"end":695.67},{"text":"reviewed","start":695.67,"end":696.43},{"text":"to","start":697.07,"end":697.27},{"text":"include","start":697.83,"end":698.27},{"text":"provisions","start":698.27,"end":699.07},{"text":"which","start":699.15,"end":699.47},{"text":"protect","start":699.47,"end":699.95},{"text":"member","start":699.95,"end":700.27},{"text":"states","start":700.27,"end":700.75},{"text":"from","start":701.07,"end":701.27},{"text":"the","start":701.27,"end":701.35},{"text":"risks","start":701.39,"end":701.87},{"text":"associated","start":702.27,"end":702.99},{"text":"with","start":703.03,"end":703.15},{"text":"protectionism,","start":703.31,"end":704.27},{"text":"which","start":704.99,"end":705.23},{"text":"is","start":705.23,"end":705.39},{"text":"rising,","start":705.39,"end":705.95},{"text":"emerging","start":707.03,"end":707.67},{"text":"harmful","start":707.75,"end":708.15},{"text":"technology,","start":708.15,"end":708.87},{"text":"as","start":709.75,"end":709.91},{"text":"well","start":709.91,"end":710.15},{"text":"as","start":710.15,"end":710.47},{"text":"unfair","start":710.63,"end":711.03},{"text":"trade","start":711.03,"end":711.35},{"text":"practices.","start":711.43,"end":712.07}]},{"text":"On our part as member states, we must revisit our respective legal frameworks to close gaps which may expose us to these risks.","start":713.87,"end":723.35,"topics":[],"words":[{"text":"On","start":713.87,"end":713.99},{"text":"our","start":713.99,"end":714.15},{"text":"part","start":714.15,"end":714.63},{"text":"as","start":714.63,"end":714.71},{"text":"member","start":714.71,"end":715.03},{"text":"states,","start":715.03,"end":715.51},{"text":"we","start":716.15,"end":716.31},{"text":"must","start":716.31,"end":716.67},{"text":"revisit","start":716.67,"end":717.27},{"text":"our","start":717.47,"end":717.55},{"text":"respective","start":717.55,"end":718.15},{"text":"legal","start":718.15,"end":718.39},{"text":"frameworks","start":718.39,"end":719.03},{"text":"to","start":719.35,"end":719.47},{"text":"close","start":719.51,"end":719.91},{"text":"gaps","start":719.91,"end":720.47},{"text":"which","start":720.83,"end":721.03},{"text":"may","start":721.03,"end":721.19},{"text":"expose","start":721.19,"end":721.67},{"text":"us","start":721.67,"end":722.07},{"text":"to","start":722.47,"end":722.59},{"text":"these","start":722.67,"end":722.87},{"text":"risks.","start":722.91,"end":723.35}]},{"text":"Further, there is need for the outcome document to clearly call for concrete actionable programs which will enable developing countries like Zimbabwe to integrate and meaningfully participate in global value chains, where we engage in value, where we engage in high value economic activities such as manufacturing, value adding, beneficiating our agricultural commodities and minerals, not to participate at the bottom of, at the bottom end of global value chains as suppliers of raw materials, largely in the form of agricultural commodities and raw or mineral commodities, which are not benefited, as is currently what is happening.","start":724.23,"end":778.19,"topics":[{"key":"value-addition","label":"Value Addition and Industrialization","description":"A major theme was the need for developing countries to move beyond exporting raw materials and low-value goods. 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situation which has left many developing countries highly exposed to the vagaries of frequent global commodity price shocks, resulting in worsening poverty and underdevelopment.","start":780.03,"end":793.23,"topics":[],"words":[{"text":"A","start":780.03,"end":780.07},{"text":"situation","start":780.07,"end":780.83},{"text":"which","start":781.15,"end":781.39},{"text":"has","start":781.39,"end":781.51},{"text":"left","start":781.67,"end":781.95},{"text":"many","start":781.95,"end":782.31},{"text":"developing","start":782.31,"end":782.75},{"text":"countries","start":782.75,"end":783.31},{"text":"highly","start":783.63,"end":783.99},{"text":"exposed","start":783.99,"end":784.55},{"text":"to","start":784.55,"end":784.63},{"text":"the","start":784.67,"end":784.79},{"text":"vagaries","start":784.79,"end":785.47},{"text":"of","start":785.51,"end":785.59},{"text":"frequent","start":785.59,"end":786.27},{"text":"global","start":786.59,"end":786.99},{"text":"commodity","start":786.99,"end":787.47},{"text":"price","start":787.47,"end":787.83},{"text":"shocks,","start":787.83,"end":788.27},{"text":"resulting","start":789.15,"end":789.83},{"text":"in","start":789.83,"end":789.95},{"text":"worsening","start":789.95,"end":790.43},{"text":"poverty","start":790.43,"end":791.07},{"text":"and","start":791.79,"end":792.15},{"text":"underdevelopment.","start":792.27,"end":793.23}]},{"text":"a situation which we are all familiar with.","start":794.19,"end":796.07,"topics":[],"words":[{"text":"a","start":794.19,"end":794.23},{"text":"situation","start":794.23,"end":794.67},{"text":"which","start":794.67,"end":794.91},{"text":"we","start":794.91,"end":794.99},{"text":"are","start":794.99,"end":795.07},{"text":"all","start":795.07,"end":795.39},{"text":"familiar","start":795.39,"end":795.95},{"text":"with.","start":795.95,"end":796.07}]},{"text":"To address this challenge, developing countries must undertake policy reforms which discourage export of raw commodities.","start":797.63,"end":808.51,"topics":[{"key":"value-addition","label":"Value Addition and Industrialization","description":"A major theme was the need for developing countries to move beyond exporting raw materials and low-value goods. Speakers emphasized industrialization, diversification, manufacturing, and deeper participation in regional and global value chains to create jobs and reduce vulnerability to commodity shocks."}],"words":[{"text":"To","start":797.63,"end":797.75},{"text":"address","start":797.75,"end":798.11},{"text":"this","start":798.11,"end":798.43},{"text":"challenge,","start":799.15,"end":799.71},{"text":"developing","start":800.03,"end":800.47},{"text":"countries","start":800.47,"end":800.83},{"text":"must","start":800.83,"end":801.15},{"text":"undertake","start":801.15,"end":801.63},{"text":"policy","start":802.11,"end":802.51},{"text":"reforms","start":802.51,"end":803.15},{"text":"which","start":803.55,"end":803.87},{"text":"discourage","start":803.87,"end":804.67},{"text":"export","start":804.83,"end":805.47},{"text":"of","start":806.31,"end":806.51},{"text":"raw","start":806.51,"end":807.07},{"text":"commodities.","start":807.87,"end":808.51}]},{"text":"Zimbabwe has come up with policies where we do not allow exports of unprocessed granite, for example, exports of raw lithium, or chrome.","start":809.87,"end":824.39,"topics":[{"key":"critical-minerals","label":"Critical Minerals and Commodities","description":"Speakers discussed how countries rich in critical minerals and commodities should capture more value from their resources through local processing, beneficiation, and fair legal frameworks. 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Speakers emphasized industrialization, diversification, manufacturing, and deeper participation in regional and global value chains to create jobs and reduce vulnerability to commodity shocks."}],"words":[{"text":"Zimbabwe","start":809.87,"end":810.59},{"text":"has","start":810.59,"end":810.71},{"text":"come","start":810.83,"end":811.07},{"text":"up","start":811.07,"end":811.23},{"text":"with","start":811.23,"end":811.43},{"text":"policies","start":811.47,"end":812.19},{"text":"where","start":812.51,"end":812.83},{"text":"we","start":812.83,"end":812.99},{"text":"do","start":812.99,"end":813.31},{"text":"not","start":813.31,"end":813.55},{"text":"allow","start":813.55,"end":814.03},{"text":"exports","start":814.59,"end":815.15},{"text":"of","start":815.95,"end":816.11},{"text":"unprocessed","start":816.27,"end":816.87},{"text":"granite,","start":817.03,"end":817.47},{"text":"for","start":817.47,"end":817.59},{"text":"example,","start":817.59,"end":818.19},{"text":"exports","start":819.87,"end":820.35},{"text":"of","start":820.39,"end":820.59},{"text":"raw","start":821.87,"end":822.31},{"text":"lithium,","start":822.43,"end":823.07},{"text":"or","start":823.75,"end":823.91},{"text":"chrome.","start":823.91,"end":824.39}]},{"text":"As developing countries, we must guard against exporting primary commodities, as this is tantamount to exporting the much-needed jobs for our youths.","start":826.15,"end":839.63,"topics":[{"key":"value-addition","label":"Value Addition and Industrialization","description":"A major theme was the need for developing countries to move beyond exporting raw materials and low-value goods. 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Speakers emphasized industrialization, diversification, manufacturing, and deeper participation in regional and global value chains to create jobs and reduce vulnerability to commodity shocks."}],"words":[{"text":"Zimbabwe","start":850.23,"end":850.87},{"text":"continues","start":850.87,"end":851.43},{"text":"to","start":851.43,"end":851.51},{"text":"face","start":851.51,"end":851.91},{"text":"barriers","start":851.91,"end":852.63},{"text":"to","start":853.95,"end":854.07},{"text":"effectively","start":854.15,"end":854.99},{"text":"participate","start":855.31,"end":856.19},{"text":"in","start":856.67,"end":856.83},{"text":"global","start":856.83,"end":857.23},{"text":"value","start":857.23,"end":857.51},{"text":"chains.","start":857.55,"end":857.95}]},{"text":"Chief among these are the unilateral coercive measures that for decades have unjustifiably restricted our ability to trade freely and access trade finance.","start":859.07,"end":873.31,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. 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This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"Chief","start":859.07,"end":859.47},{"text":"among","start":859.95,"end":860.35},{"text":"these","start":860.35,"end":860.83},{"text":"are","start":862.11,"end":862.31},{"text":"the","start":862.31,"end":862.55},{"text":"unilateral","start":862.59,"end":863.27},{"text":"coercive","start":863.27,"end":863.87},{"text":"measures","start":863.87,"end":864.35},{"text":"that","start":864.99,"end":865.39},{"text":"for","start":865.39,"end":865.55},{"text":"decades","start":865.55,"end":866.27},{"text":"have","start":867.39,"end":867.51},{"text":"unjustifiably","start":867.51,"end":868.43},{"text":"restricted","start":868.43,"end":868.99},{"text":"our","start":868.99,"end":869.11},{"text":"ability","start":869.11,"end":869.71},{"text":"to","start":870.03,"end":870.31},{"text":"trade","start":870.31,"end":870.51},{"text":"freely","start":870.51,"end":871.15},{"text":"and","start":871.71,"end":871.87},{"text":"access","start":871.87,"end":872.35},{"text":"trade","start":872.35,"end":872.67},{"text":"finance.","start":872.67,"end":873.31}]},{"text":"It is our fervent hope that the FFG4 will take a firm stance against such measures, ensuring that international trade becomes a true engine for sustainable development for all.","start":874.07,"end":889.71,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"It","start":874.07,"end":874.19},{"text":"is","start":874.19,"end":874.35},{"text":"our","start":874.35,"end":874.67},{"text":"fervent","start":875.07,"end":875.55},{"text":"hope","start":875.55,"end":875.87},{"text":"that","start":876.03,"end":876.43},{"text":"the","start":877.55,"end":877.67},{"text":"FFG4","start":878.35,"end":879.31},{"text":"will","start":880.03,"end":880.27},{"text":"take","start":880.27,"end":880.67},{"text":"a","start":880.75,"end":880.79},{"text":"firm","start":880.79,"end":881.15},{"text":"stance","start":881.15,"end":881.79},{"text":"against","start":882.23,"end":882.63},{"text":"such","start":882.63,"end":883.03},{"text":"measures,","start":883.03,"end":883.59},{"text":"ensuring","start":884.11,"end":884.55},{"text":"that","start":884.55,"end":884.79},{"text":"international","start":884.79,"end":885.35},{"text":"trade","start":885.35,"end":885.75},{"text":"becomes","start":885.75,"end":886.23},{"text":"a","start":886.31,"end":886.35},{"text":"true","start":886.35,"end":886.87},{"text":"engine","start":887.03,"end":887.59},{"text":"for","start":887.75,"end":887.91},{"text":"sustainable","start":887.91,"end":888.63},{"text":"development","start":888.79,"end":889.27},{"text":"for","start":889.27,"end":889.63},{"text":"all.","start":889.63,"end":889.71}]},{"text":"Let us work together to harness trade for the promotion of sustainable development without leaving no one and no place behind.","start":891.51,"end":899.51,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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Madam Co-facilitator.","start":899.83,"end":901.75,"topics":[],"words":[{"text":"I","start":899.83,"end":899.99},{"text":"thank","start":899.99,"end":900.23},{"text":"you,","start":900.23,"end":900.39},{"text":"Madam","start":900.39,"end":900.67},{"text":"Co-facilitator.","start":900.67,"end":901.75}]},{"text":"Thank you very much.","start":902.31,"end":902.87,"topics":[],"words":[{"text":"Thank","start":902.31,"end":902.47},{"text":"you","start":902.47,"end":902.55},{"text":"very","start":902.55,"end":902.71},{"text":"much.","start":902.75,"end":902.87}]}]}],"speaker":{"name":"Charles Mujayati","affiliation":"ZWE","affiliation_full":"Zimbabwe","group":null,"function":"Director of Economic Planning and Modeling"}},{"statement_number":5,"start":904.07,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=905","paragraphs":[{"sentences":[{"text":"I thank very much Mr. Mujayati for your 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time, but for the discussants you have three minutes for your interventions.","start":918.19,"end":930.27,"topics":[],"words":[{"text":"Anyone","start":918.19,"end":918.67},{"text":"who","start":918.67,"end":918.83},{"text":"would","start":918.83,"end":919.07},{"text":"like","start":919.07,"end":919.47},{"text":"to","start":920.75,"end":921.03},{"text":"take","start":921.07,"end":921.35},{"text":"the","start":921.35,"end":921.55},{"text":"floor","start":921.55,"end":921.95},{"text":"afterwards,","start":921.95,"end":922.83},{"text":"but","start":923.15,"end":923.79},{"text":"we","start":924.43,"end":924.67},{"text":"will","start":924.67,"end":924.91},{"text":"be","start":924.91,"end":925.15},{"text":"giving","start":925.15,"end":925.47},{"text":"you","start":925.47,"end":925.59},{"text":"the","start":925.59,"end":925.79},{"text":"time,","start":925.79,"end":926.19},{"text":"but","start":926.19,"end":926.51},{"text":"for","start":926.51,"end":926.99},{"text":"the","start":926.99,"end":927.11},{"text":"discussants","start":927.11,"end":927.87},{"text":"you","start":927.87,"end":927.95},{"text":"have","start":927.95,"end":928.19},{"text":"three","start":928.19,"end":928.51},{"text":"minutes","start":928.51,"end":928.99},{"text":"for","start":928.99,"end":929.15},{"text":"your","start":929.15,"end":929.39},{"text":"interventions.","start":929.39,"end":930.27}]},{"text":"And I will first give the floor to Mr. Patrick Colombo from the Department of Economic Development, Tourism, Trade, Industry and mining at the African Union 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Olomo, you have the floor.","start":941.55,"end":943.23,"topics":[],"words":[{"text":"Mr.","start":941.55,"end":941.99},{"text":"Olomo,","start":941.99,"end":942.39},{"text":"you","start":942.39,"end":942.55},{"text":"have","start":942.55,"end":942.75},{"text":"the","start":942.75,"end":942.87},{"text":"floor.","start":942.87,"end":943.23}]}]}],"speaker":{"name":"Cholla","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":6,"start":945.63,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=946","paragraphs":[{"sentences":[{"text":"Thank you very much, Madam Chair.","start":945.63,"end":947.31,"topics":[],"words":[{"text":"Thank","start":945.63,"end":945.95},{"text":"you","start":945.95,"end":946.03},{"text":"very","start":946.03,"end":946.35},{"text":"much,","start":946.35,"end":946.59},{"text":"Madam","start":946.59,"end":946.91},{"text":"Chair.","start":946.91,"end":947.31}]},{"text":"Madam Chair, we are discussing this afternoon one of the most important and critical points in the FFD4 processes.","start":948.51,"end":958.51,"topics":[],"words":[{"text":"Madam","start":948.51,"end":948.83},{"text":"Chair,","start":948.83,"end":949.15},{"text":"we","start":949.23,"end":949.71},{"text":"are","start":949.87,"end":949.95},{"text":"discussing","start":950.99,"end":951.67},{"text":"this","start":951.67,"end":951.87},{"text":"afternoon","start":951.87,"end":952.35},{"text":"one","start":952.35,"end":952.55},{"text":"of","start":952.55,"end":952.83},{"text":"the","start":952.87,"end":952.95},{"text":"most","start":952.99,"end":953.43},{"text":"important","start":953.43,"end":954.27},{"text":"and","start":954.51,"end":954.75},{"text":"critical","start":954.75,"end":955.39},{"text":"points","start":955.39,"end":955.95},{"text":"in","start":956.35,"end":956.51},{"text":"the","start":956.51,"end":956.63},{"text":"FFD4","start":956.67,"end":957.55},{"text":"processes.","start":957.55,"end":958.51}]},{"text":"We say this because trade has certainly the potential of being an engine of inclusive growth and sustainable development, but unfortunately if we look at the trends of the recent years we can see that we haven't been able to do that.","start":959.47,"end":976.55,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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reserve the right to adjust time limits as necessary in case of a long list of speakers.","start":1363.71,"end":1370.19,"topics":[],"words":[{"text":"We","start":1363.71,"end":1363.95},{"text":"reserve","start":1363.95,"end":1364.51},{"text":"the","start":1364.51,"end":1364.67},{"text":"right","start":1364.67,"end":1365.11},{"text":"to","start":1365.11,"end":1365.23},{"text":"adjust","start":1365.23,"end":1365.75},{"text":"time","start":1365.75,"end":1366.03},{"text":"limits","start":1366.03,"end":1366.55},{"text":"as","start":1366.55,"end":1366.67},{"text":"necessary","start":1366.67,"end":1367.47},{"text":"in","start":1367.63,"end":1367.87},{"text":"case","start":1367.87,"end":1368.27},{"text":"of","start":1368.27,"end":1368.43},{"text":"a","start":1368.43,"end":1368.51},{"text":"long","start":1368.51,"end":1368.83},{"text":"list","start":1368.83,"end":1369.35},{"text":"of","start":1369.35,"end":1369.55},{"text":"speakers.","start":1369.55,"end":1370.19}]},{"text":"And to ensure 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necessary, the microphone will be automatically deactivated when the time limit has elapsed.","start":1396.51,"end":1403.03,"topics":[],"words":[{"text":"As","start":1396.51,"end":1396.67},{"text":"necessary,","start":1396.67,"end":1397.39},{"text":"the","start":1397.39,"end":1397.51},{"text":"microphone","start":1397.51,"end":1398.11},{"text":"will","start":1398.11,"end":1398.31},{"text":"be","start":1398.35,"end":1398.59},{"text":"automatically","start":1398.59,"end":1399.39},{"text":"deactivated","start":1399.39,"end":1400.35},{"text":"when","start":1400.67,"end":1400.91},{"text":"the","start":1400.91,"end":1401.03},{"text":"time","start":1401.03,"end":1401.39},{"text":"limit","start":1401.39,"end":1401.87},{"text":"has","start":1401.87,"end":1402.35},{"text":"elapsed.","start":1402.35,"end":1403.03}]},{"text":"And with this, I give the floor to the distinguished representative of Argentina, followed by the distinguished representative of Cuba.","start":1403.39,"end":1412.43,"topics":[],"words":[{"text":"And","start":1403.39,"end":1403.63},{"text":"with","start":1403.63,"end":1403.83},{"text":"this,","start":1403.83,"end":1404.19},{"text":"I","start":1404.19,"end":1404.27},{"text":"give","start":1404.27,"end":1404.51},{"text":"the","start":1404.51,"end":1404.67},{"text":"floor","start":1404.67,"end":1405.23},{"text":"to","start":1405.55,"end":1405.67},{"text":"the","start":1405.71,"end":1405.87},{"text":"distinguished","start":1405.87,"end":1406.75},{"text":"representative","start":1406.75,"end":1407.87},{"text":"of","start":1407.95,"end":1408.19},{"text":"Argentina,","start":1408.19,"end":1409.23},{"text":"followed","start":1409.47,"end":1409.95},{"text":"by","start":1409.95,"end":1410.19},{"text":"the","start":1410.19,"end":1410.31},{"text":"distinguished","start":1410.31,"end":1410.87},{"text":"representative","start":1410.87,"end":1411.71},{"text":"of","start":1411.71,"end":1411.95},{"text":"Cuba.","start":1411.95,"end":1412.43}]},{"text":"Argentina, you have the floor.","start":1412.67,"end":1414.11,"topics":[],"words":[{"text":"Argentina,","start":1412.67,"end":1413.31},{"text":"you","start":1413.31,"end":1413.47},{"text":"have","start":1413.47,"end":1413.63},{"text":"the","start":1413.63,"end":1413.75},{"text":"floor.","start":1413.79,"end":1414.11}]}]}],"speaker":{"name":"Cholla","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":10,"start":1415.95,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=1416","paragraphs":[{"sentences":[{"text":"Thank you, Ambassador.","start":1415.95,"end":1416.99,"topics":[],"words":[{"text":"Thank","start":1415.95,"end":1416.27},{"text":"you,","start":1416.27,"end":1416.39},{"text":"Ambassador.","start":1416.39,"end":1416.99}]},{"text":"in preparing for the ffd four argentina would like to say that we're taking decisive measures for the long term convinced that sustainable growth means that there must be free trade among actors and we firmly 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"in","start":1418.35,"end":1418.67},{"text":"preparing","start":1418.67,"end":1419.31},{"text":"for","start":1419.31,"end":1419.47},{"text":"the","start":1419.47,"end":1419.59},{"text":"ffd","start":1419.59,"end":1420.11},{"text":"four","start":1420.11,"end":1420.67},{"text":"argentina","start":1421.07,"end":1421.79},{"text":"would","start":1421.79,"end":1421.95},{"text":"like","start":1421.95,"end":1422.27},{"text":"to","start":1422.27,"end":1422.43},{"text":"say","start":1422.43,"end":1422.67},{"text":"that","start":1422.67,"end":1422.79},{"text":"we're","start":1422.79,"end":1422.95},{"text":"taking","start":1422.95,"end":1423.27},{"text":"decisive","start":1423.27,"end":1423.87},{"text":"measures","start":1423.87,"end":1424.51},{"text":"for","start":1424.75,"end":1425.15},{"text":"the","start":1425.15,"end":1425.23},{"text":"long","start":1425.23,"end":1425.47},{"text":"term","start":1425.47,"end":1425.71},{"text":"convinced","start":1425.71,"end":1426.35},{"text":"that","start":1426.35,"end":1426.59},{"text":"sustainable","start":1426.59,"end":1427.23},{"text":"growth","start":1427.23,"end":1427.71},{"text":"means","start":1430.35,"end":1430.75},{"text":"that","start":1430.75,"end":1430.91},{"text":"there","start":1430.91,"end":1431.07},{"text":"must","start":1431.07,"end":1431.35},{"text":"be","start":1431.35,"end":1431.71},{"text":"free","start":1431.79,"end":1432.11},{"text":"trade","start":1432.11,"end":1432.59},{"text":"among","start":1432.59,"end":1432.99},{"text":"actors","start":1433.31,"end":1433.95},{"text":"and","start":1433.95,"end":1434.07},{"text":"we","start":1434.07,"end":1434.19},{"text":"firmly","start":1434.19,"end":1434.59},{"text":"believe","start":1434.59,"end":1435.19},{"text":"in","start":1435.19,"end":1435.31},{"text":"the","start":1435.31,"end":1435.43},{"text":"transformative","start":1435.43,"end":1436.19},{"text":"power","start":1436.19,"end":1436.63},{"text":"of","start":1436.63,"end":1436.75},{"text":"trade","start":1436.75,"end":1437.11},{"text":"to","start":1437.11,"end":1437.23},{"text":"reduce","start":1437.23,"end":1437.71},{"text":"poverty","start":1437.71,"end":1438.23},{"text":"and","start":1438.23,"end":1438.39},{"text":"promote","start":1438.39,"end":1438.75},{"text":"progress.","start":1438.75,"end":1439.47}]},{"text":"We believe that trust is central to economic matters, and that can only be ensured through economic programs which eliminate a number of regulations for producing countries.","start":1439.83,"end":1456.95,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"Yemen","start":1674.95,"end":1675.23},{"text":"views","start":1675.23,"end":1675.51},{"text":"trade","start":1675.51,"end":1675.75},{"text":"as","start":1675.75,"end":1675.91},{"text":"a","start":1675.91,"end":1675.95},{"text":"critical","start":1675.95,"end":1676.39},{"text":"engine","start":1676.43,"end":1676.71},{"text":"for","start":1676.71,"end":1676.87},{"text":"development.","start":1676.87,"end":1677.43}]},{"text":"We echo the concerns raised by the panelists that trade has not yet fulfilled its potential as an engine of inclusive growth and sustainable development.","start":1677.43,"end":1685.27,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"Yemen","start":1685.51,"end":1685.91},{"text":"strongly","start":1685.91,"end":1686.31},{"text":"supports","start":1686.31,"end":1686.95},{"text":"efforts","start":1687.35,"end":1687.83},{"text":"to","start":1687.83,"end":1687.95},{"text":"strengthen","start":1687.95,"end":1688.47},{"text":"the","start":1688.47,"end":1688.55},{"text":"multilateral","start":1688.55,"end":1689.15},{"text":"trading","start":1689.15,"end":1689.43},{"text":"system,","start":1689.43,"end":1689.87},{"text":"but","start":1689.87,"end":1690.07},{"text":"it","start":1690.07,"end":1690.23},{"text":"must","start":1690.23,"end":1690.55},{"text":"be","start":1690.55,"end":1690.79},{"text":"one","start":1690.79,"end":1691.11},{"text":"that","start":1691.11,"end":1691.35},{"text":"works","start":1691.35,"end":1691.67},{"text":"for","start":1691.67,"end":1691.83},{"text":"all","start":1691.83,"end":1691.99},{"text":"parties,","start":1691.99,"end":1692.55},{"text":"not","start":1692.79,"end":1692.95},{"text":"just","start":1692.95,"end":1693.23},{"text":"advantageous","start":1693.23,"end":1693.91},{"text":"for","start":1693.91,"end":1694.07},{"text":"some.","start":1694.07,"end":1694.39}]},{"text":"Our recent resumption of with the WTO and the UNCTAD demonstrate our commitment to multilateralism.","start":1694.71,"end":1700.79,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"we","start":1844.15,"end":1844.23},{"text":"can","start":1844.23,"end":1844.39},{"text":"only","start":1844.39,"end":1844.63},{"text":"support","start":1844.63,"end":1845.07},{"text":"general","start":1845.07,"end":1845.59},{"text":"references","start":1845.59,"end":1846.23},{"text":"and","start":1846.23,"end":1846.39},{"text":"balanced","start":1846.39,"end":1846.87},{"text":"references","start":1846.87,"end":1847.43},{"text":"which","start":1847.43,"end":1847.67},{"text":"encourage","start":1847.67,"end":1848.23},{"text":"ongoing","start":1848.23,"end":1848.63},{"text":"negotiations.","start":1848.63,"end":1849.59}]},{"text":"Uruguay does not support FFD seeking to expand principles agreed within the WTO, such as special and differentiated treatment, to other subgroups of countries beyond those originally considered.","start":1851.35,"end":1863.75,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"Uruguay","start":1851.35,"end":1851.83},{"text":"does","start":1851.83,"end":1851.99},{"text":"not","start":1851.99,"end":1852.23},{"text":"support","start":1852.23,"end":1852.59},{"text":"FFD","start":1852.59,"end":1853.19},{"text":"seeking","start":1853.19,"end":1853.55},{"text":"to","start":1853.55,"end":1853.67},{"text":"expand","start":1853.67,"end":1854.19},{"text":"principles","start":1854.19,"end":1854.79},{"text":"agreed","start":1854.79,"end":1855.35},{"text":"within","start":1855.35,"end":1855.67},{"text":"the","start":1855.67,"end":1855.79},{"text":"WTO,","start":1855.91,"end":1856.79},{"text":"such","start":1856.79,"end":1857.11},{"text":"as","start":1857.15,"end":1857.27},{"text":"special","start":1857.27,"end":1857.79},{"text":"and","start":1857.79,"end":1857.91},{"text":"differentiated","start":1857.91,"end":1858.67},{"text":"treatment,","start":1858.67,"end":1859.23},{"text":"to","start":1859.23,"end":1859.31},{"text":"other","start":1859.31,"end":1859.67},{"text":"subgroups","start":1859.67,"end":1860.27},{"text":"of","start":1860.27,"end":1860.35},{"text":"countries","start":1860.35,"end":1861.03},{"text":"beyond","start":1861.03,"end":1861.51},{"text":"those","start":1861.67,"end":1862.59},{"text":"originally","start":1862.59,"end":1863.07},{"text":"considered.","start":1863.07,"end":1863.75}]},{"text":"These specific references to new groups in this context could lead to false interpretations that this treaty extends to other sectors.","start":1864.07,"end":1872.15,"topics":[],"words":[{"text":"These","start":1864.07,"end":1864.27},{"text":"specific","start":1864.27,"end":1864.87},{"text":"references","start":1864.87,"end":1865.43},{"text":"to","start":1865.43,"end":1865.55},{"text":"new","start":1865.55,"end":1865.79},{"text":"groups","start":1865.79,"end":1866.11},{"text":"in","start":1866.11,"end":1866.19},{"text":"this","start":1866.19,"end":1866.39},{"text":"context","start":1866.39,"end":1866.99},{"text":"could","start":1866.99,"end":1867.27},{"text":"lead","start":1867.27,"end":1867.59},{"text":"to","start":1867.59,"end":1867.91},{"text":"false","start":1868.23,"end":1868.63},{"text":"interpretations","start":1868.63,"end":1869.75},{"text":"that","start":1869.91,"end":1870.07},{"text":"this","start":1870.07,"end":1870.31},{"text":"treaty","start":1870.31,"end":1870.71},{"text":"extends","start":1870.71,"end":1871.19},{"text":"to","start":1871.19,"end":1871.35},{"text":"other","start":1871.35,"end":1871.59},{"text":"sectors.","start":1871.59,"end":1872.15}]},{"text":"Finally, we welcome the fact that that the document promotes restoring the dispute settlement system of the WTO, including the appellate body, in order to guarantee its full effective and accessible functioning for all of its members.","start":1872.15,"end":1886.31,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"We","start":1964.71,"end":1964.95},{"text":"reaffirm","start":1965.51,"end":1966.31},{"text":"our","start":1966.31,"end":1966.43},{"text":"commitment","start":1966.43,"end":1967.15},{"text":"to","start":1967.15,"end":1967.23},{"text":"a","start":1967.23,"end":1967.27},{"text":"unilateral,","start":1967.27,"end":1968.07},{"text":"rule-based,","start":1968.15,"end":1968.87},{"text":"fair,","start":1968.87,"end":1969.35},{"text":"open,","start":1969.35,"end":1969.83},{"text":"transparent,","start":1969.83,"end":1970.59},{"text":"and","start":1970.83,"end":1970.99},{"text":"predictable,","start":1970.99,"end":1971.67},{"text":"inclusive,","start":1971.67,"end":1972.39},{"text":"non-discriminatory,","start":1972.71,"end":1973.99},{"text":"and","start":1973.99,"end":1974.27},{"text":"equitable","start":1974.27,"end":1974.79},{"text":"multilateral","start":1974.83,"end":1975.43},{"text":"trading","start":1975.43,"end":1975.75},{"text":"system","start":1975.75,"end":1976.23},{"text":"with","start":1976.55,"end":1976.71},{"text":"the","start":1976.71,"end":1976.79},{"text":"WTO","start":1976.79,"end":1977.83},{"text":"at","start":1978.15,"end":1978.31},{"text":"its","start":1978.31,"end":1978.47},{"text":"center.","start":1978.47,"end":1978.95}]},{"text":"We urge WTO members to accelerate the accession of developing countries in this process of, or considering accession to the WTO, and provide technical assistance to support them in this process.","start":1978.95,"end":1992.23,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."},{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"We","start":1978.95,"end":1979.19},{"text":"urge","start":1979.19,"end":1979.43},{"text":"WTO","start":1979.43,"end":1980.15},{"text":"members","start":1980.15,"end":1980.71},{"text":"to","start":1981.03,"end":1981.19},{"text":"accelerate","start":1981.19,"end":1981.87},{"text":"the","start":1981.87,"end":1981.95},{"text":"accession","start":1981.95,"end":1982.63},{"text":"of","start":1982.63,"end":1982.79},{"text":"developing","start":1982.79,"end":1983.27},{"text":"countries","start":1983.27,"end":1983.75},{"text":"in","start":1983.83,"end":1983.99},{"text":"this","start":1983.99,"end":1984.23},{"text":"process","start":1984.23,"end":1984.79},{"text":"of,","start":1984.79,"end":1984.95},{"text":"or","start":1985.35,"end":1985.75},{"text":"considering","start":1985.83,"end":1986.55},{"text":"accession","start":1986.55,"end":1987.19},{"text":"to","start":1987.19,"end":1987.27},{"text":"the","start":1987.51,"end":1987.59},{"text":"WTO,","start":1987.59,"end":1988.39},{"text":"and","start":1988.39,"end":1988.55},{"text":"provide","start":1988.55,"end":1989.07},{"text":"technical","start":1989.07,"end":1989.55},{"text":"assistance","start":1989.55,"end":1990.11},{"text":"to","start":1990.31,"end":1990.47},{"text":"support","start":1990.47,"end":1990.91},{"text":"them","start":1990.91,"end":1991.19},{"text":"in","start":1991.23,"end":1991.39},{"text":"this","start":1991.39,"end":1991.67},{"text":"process.","start":1991.67,"end":1992.23}]},{"text":"We call on WTO members to fully implement all WTO agreements.","start":1992.55,"end":1997.35,"topics":[],"words":[{"text":"We","start":1992.55,"end":1992.71},{"text":"call","start":1992.71,"end":1992.99},{"text":"on","start":1992.99,"end":1993.07},{"text":"WTO","start":1993.07,"end":1993.83},{"text":"members","start":1993.83,"end":1994.47},{"text":"to","start":1994.71,"end":1994.87},{"text":"fully","start":1994.87,"end":1995.23},{"text":"implement","start":1995.23,"end":1995.99},{"text":"all","start":1995.99,"end":1996.31},{"text":"WTO","start":1996.31,"end":1996.91},{"text":"agreements.","start":1996.91,"end":1997.35}]},{"text":"We also urge the finalization of pending agreements.","start":1997.67,"end":2000.47,"topics":[],"words":[{"text":"We","start":1997.67,"end":1997.79},{"text":"also","start":1997.79,"end":1998.15},{"text":"urge","start":1998.23,"end":1998.43},{"text":"the","start":1998.43,"end":1998.51},{"text":"finalization","start":1998.51,"end":1999.35},{"text":"of","start":1999.35,"end":1999.51},{"text":"pending","start":1999.51,"end":1999.95},{"text":"agreements.","start":1999.95,"end":2000.47}]},{"text":"We reaffirm that specific and different treatment is fundamental.","start":2001.03,"end":2004.87,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"We","start":2001.03,"end":2001.19},{"text":"reaffirm","start":2001.19,"end":2001.67},{"text":"that","start":2001.67,"end":2001.91},{"text":"specific","start":2001.91,"end":2002.59},{"text":"and","start":2002.59,"end":2002.75},{"text":"different","start":2002.75,"end":2003.15},{"text":"treatment","start":2003.15,"end":2003.67},{"text":"is","start":2003.75,"end":2003.99},{"text":"fundamental.","start":2003.99,"end":2004.87}]},{"text":"We will work to ensure that the multilateral trading system provides all member states, in particular developing countries, with sufficient policy space to invest in sustainable development, while remembering consistent with WTO rules and commitment.","start":2005.27,"end":2020.71,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"We","start":2005.27,"end":2005.59},{"text":"will","start":2005.71,"end":2006.15},{"text":"work","start":2006.15,"end":2006.63},{"text":"to","start":2006.79,"end":2006.95},{"text":"ensure","start":2006.95,"end":2007.35},{"text":"that","start":2007.35,"end":2007.67},{"text":"the","start":2007.67,"end":2007.79},{"text":"multilateral","start":2007.79,"end":2008.39},{"text":"trading","start":2008.39,"end":2008.79},{"text":"system","start":2008.79,"end":2009.27},{"text":"provides","start":2009.27,"end":2009.83},{"text":"all","start":2009.83,"end":2009.99},{"text":"member","start":2009.99,"end":2010.31},{"text":"states,","start":2010.31,"end":2010.71},{"text":"in","start":2010.95,"end":2011.11},{"text":"particular","start":2011.11,"end":2011.67},{"text":"developing","start":2011.67,"end":2012.15},{"text":"countries,","start":2012.15,"end":2012.71},{"text":"with","start":2012.79,"end":2012.99},{"text":"sufficient","start":2012.99,"end":2013.63},{"text":"policy","start":2013.63,"end":2014.07},{"text":"space","start":2014.07,"end":2014.47},{"text":"to","start":2014.63,"end":2014.79},{"text":"invest","start":2014.79,"end":2015.35},{"text":"in","start":2015.63,"end":2015.75},{"text":"sustainable","start":2015.75,"end":2016.47},{"text":"development,","start":2016.47,"end":2017.11},{"text":"while","start":2017.23,"end":2017.59},{"text":"remembering","start":2017.59,"end":2018.15},{"text":"consistent","start":2018.15,"end":2018.79},{"text":"with","start":2018.79,"end":2018.95},{"text":"WTO","start":2018.95,"end":2019.51},{"text":"rules","start":2019.51,"end":2019.99},{"text":"and","start":2019.99,"end":2020.15},{"text":"commitment.","start":2020.15,"end":2020.71}]},{"text":"We resolve to update, improve and reform as well as.","start":2021.07,"end":2024.55,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"We","start":2021.07,"end":2021.15},{"text":"resolve","start":2021.15,"end":2021.55},{"text":"to","start":2021.55,"end":2021.67},{"text":"update,","start":2021.67,"end":2022.23},{"text":"improve","start":2022.23,"end":2022.79},{"text":"and","start":2023.03,"end":2023.23},{"text":"reform","start":2023.23,"end":2023.75},{"text":"as","start":2023.75,"end":2024.07},{"text":"well","start":2024.07,"end":2024.31},{"text":"as.","start":2024.31,"end":2024.55}]}]}],"speaker":{"name":null,"affiliation":"IRN","affiliation_full":"Iran (Islamic Republic of)","group":"G77 + China","function":"Representative"}},{"statement_number":19,"start":2027.83,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=2028","paragraphs":[{"sentences":[{"text":"I thank the distinguished representative of the Islamic Republic of Iran speaking on behalf of the G77 and China.","start":2027.83,"end":2034.59,"topics":[],"words":[{"text":"I","start":2027.83,"end":2027.99},{"text":"thank","start":2028.07,"end":2028.31},{"text":"the","start":2028.31,"end":2028.39},{"text":"distinguished","start":2028.39,"end":2028.99},{"text":"representative","start":2028.99,"end":2029.91},{"text":"of","start":2029.99,"end":2030.31},{"text":"the","start":2030.31,"end":2030.43},{"text":"Islamic","start":2030.43,"end":2030.87},{"text":"Republic","start":2030.87,"end":2031.35},{"text":"of","start":2031.35,"end":2031.51},{"text":"Iran","start":2031.51,"end":2031.91},{"text":"speaking","start":2031.91,"end":2032.39},{"text":"on","start":2032.39,"end":2032.47},{"text":"behalf","start":2032.47,"end":2032.87},{"text":"of","start":2032.87,"end":2033.03},{"text":"the","start":2033.03,"end":2033.15},{"text":"G77","start":2033.15,"end":2034.03},{"text":"and","start":2034.03,"end":2034.19},{"text":"China.","start":2034.19,"end":2034.59}]},{"text":"And I now give the floor to India, followed by Bangladesh.","start":2034.59,"end":2038.39,"topics":[],"words":[{"text":"And","start":2034.59,"end":2034.71},{"text":"I","start":2035.03,"end":2035.11},{"text":"now","start":2035.11,"end":2035.51},{"text":"give","start":2035.51,"end":2035.75},{"text":"the","start":2035.75,"end":2035.91},{"text":"floor","start":2035.91,"end":2036.31},{"text":"to","start":2036.31,"end":2036.47},{"text":"India,","start":2036.47,"end":2036.95},{"text":"followed","start":2036.95,"end":2037.47},{"text":"by","start":2037.47,"end":2037.67},{"text":"Bangladesh.","start":2037.67,"end":2038.39}]}]}],"speaker":{"name":"Cholla","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":20,"start":2040.23,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=2041","paragraphs":[{"sentences":[{"text":"Thank you, Chair.","start":2040.23,"end":2041.03,"topics":[],"words":[{"text":"Thank","start":2040.23,"end":2040.51},{"text":"you,","start":2040.51,"end":2040.63},{"text":"Chair.","start":2040.63,"end":2041.03}]},{"text":"India reaffirms its unwavering support for strengthening a rules-based, non-discriminatory, open, fair, inclusive, equitable and transparent multilateral trading system with the WTO at its core.","start":2041.59,"end":2054.83,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"India","start":2041.59,"end":2041.87},{"text":"reaffirms","start":2041.87,"end":2042.51},{"text":"its","start":2042.51,"end":2042.75},{"text":"unwavering","start":2042.75,"end":2043.87},{"text":"support","start":2043.87,"end":2044.43},{"text":"for","start":2044.43,"end":2044.59},{"text":"strengthening","start":2044.59,"end":2045.15},{"text":"a","start":2045.15,"end":2045.23},{"text":"rules-based,","start":2045.23,"end":2046.11},{"text":"non-discriminatory,","start":2046.11,"end":2047.55},{"text":"open,","start":2047.55,"end":2048.11},{"text":"fair,","start":2048.27,"end":2048.67},{"text":"inclusive,","start":2048.67,"end":2049.31},{"text":"equitable","start":2049.35,"end":2049.91},{"text":"and","start":2049.91,"end":2050.07},{"text":"transparent","start":2050.07,"end":2050.83},{"text":"multilateral","start":2050.83,"end":2051.47},{"text":"trading","start":2051.47,"end":2051.79},{"text":"system","start":2051.79,"end":2052.75},{"text":"with","start":2052.99,"end":2053.19},{"text":"the","start":2053.19,"end":2053.31},{"text":"WTO","start":2053.31,"end":2054.03},{"text":"at","start":2054.03,"end":2054.19},{"text":"its","start":2054.19,"end":2054.43},{"text":"core.","start":2054.43,"end":2054.83}]},{"text":"While the WTO has been instrumental in facilitating global trade and driving economic growth, ongoing polycrisis such as the pandemics, Conflicts, supply chain shocks, and financial instability combined with unjustified trade measures have seriously disrupted the multilateral trading system and slowed development.","start":2055.31,"end":2075.91,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. These were described as undermining development, distorting competition, and limiting market access for poorer economies."},{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"While","start":2055.31,"end":2055.55},{"text":"the","start":2055.55,"end":2055.67},{"text":"WTO","start":2055.67,"end":2056.19},{"text":"has","start":2056.19,"end":2056.51},{"text":"been","start":2056.51,"end":2056.67},{"text":"instrumental","start":2056.67,"end":2057.39},{"text":"in","start":2057.39,"end":2057.55},{"text":"facilitating","start":2057.55,"end":2058.35},{"text":"global","start":2058.35,"end":2058.71},{"text":"trade","start":2058.71,"end":2058.99},{"text":"and","start":2058.99,"end":2059.11},{"text":"driving","start":2059.11,"end":2059.47},{"text":"economic","start":2059.47,"end":2059.91},{"text":"growth,","start":2059.91,"end":2060.23},{"text":"ongoing","start":2060.67,"end":2061.31},{"text":"polycrisis","start":2061.31,"end":2062.35},{"text":"such","start":2062.59,"end":2062.91},{"text":"as","start":2062.91,"end":2063.07},{"text":"the","start":2063.07,"end":2063.15},{"text":"pandemics,","start":2063.15,"end":2064.11},{"text":"Conflicts,","start":2064.63,"end":2065.35},{"text":"supply","start":2065.51,"end":2066.07},{"text":"chain","start":2066.07,"end":2066.31},{"text":"shocks,","start":2066.31,"end":2066.87},{"text":"and","start":2066.87,"end":2067.27},{"text":"financial","start":2067.27,"end":2067.87},{"text":"instability","start":2067.87,"end":2068.71},{"text":"combined","start":2069.03,"end":2069.59},{"text":"with","start":2069.59,"end":2069.83},{"text":"unjustified","start":2069.83,"end":2070.59},{"text":"trade","start":2070.59,"end":2070.87},{"text":"measures","start":2070.87,"end":2071.43},{"text":"have","start":2071.43,"end":2071.59},{"text":"seriously","start":2071.59,"end":2072.15},{"text":"disrupted","start":2072.15,"end":2072.87},{"text":"the","start":2073.19,"end":2073.35},{"text":"multilateral","start":2073.35,"end":2073.99},{"text":"trading","start":2073.99,"end":2074.31},{"text":"system","start":2074.31,"end":2074.71},{"text":"and","start":2074.71,"end":2074.83},{"text":"slowed","start":2074.83,"end":2075.15},{"text":"development.","start":2075.15,"end":2075.91}]},{"text":"FFD4 has a unique opportunity to support reform of the multilateral trading system and preserve trade as an engine for development, particularly for developing countries.","start":2076.63,"end":2086.47,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"FFD4","start":2076.63,"end":2077.43},{"text":"has","start":2077.43,"end":2077.59},{"text":"a","start":2077.67,"end":2077.71},{"text":"unique","start":2077.71,"end":2078.07},{"text":"opportunity","start":2078.07,"end":2078.71},{"text":"to","start":2078.71,"end":2078.87},{"text":"support","start":2078.87,"end":2079.43},{"text":"reform","start":2079.43,"end":2079.87},{"text":"of","start":2079.87,"end":2079.99},{"text":"the","start":2079.99,"end":2080.23},{"text":"multilateral","start":2080.39,"end":2081.07},{"text":"trading","start":2081.07,"end":2081.35},{"text":"system","start":2081.35,"end":2081.91},{"text":"and","start":2082.15,"end":2082.35},{"text":"preserve","start":2082.35,"end":2082.79},{"text":"trade","start":2082.79,"end":2083.03},{"text":"as","start":2083.03,"end":2083.19},{"text":"an","start":2083.19,"end":2083.35},{"text":"engine","start":2083.35,"end":2083.63},{"text":"for","start":2083.63,"end":2083.75},{"text":"development,","start":2083.75,"end":2084.47},{"text":"particularly","start":2084.55,"end":2085.19},{"text":"for","start":2085.19,"end":2085.35},{"text":"developing","start":2085.35,"end":2085.87},{"text":"countries.","start":2085.87,"end":2086.47}]},{"text":"We must work together to uphold special and differential treatment for developing countries as an integral component at the WTO.","start":2087.03,"end":2095.11,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"We","start":2087.03,"end":2087.11},{"text":"must","start":2087.11,"end":2087.43},{"text":"work","start":2087.43,"end":2087.99},{"text":"together","start":2088.23,"end":2088.79},{"text":"to","start":2088.79,"end":2089.03},{"text":"uphold","start":2089.03,"end":2089.43},{"text":"special","start":2089.43,"end":2089.79},{"text":"and","start":2089.79,"end":2089.95},{"text":"differential","start":2089.95,"end":2090.39},{"text":"treatment","start":2090.39,"end":2091.03},{"text":"for","start":2091.27,"end":2091.47},{"text":"developing","start":2091.47,"end":2091.99},{"text":"countries","start":2091.99,"end":2092.55},{"text":"as","start":2092.55,"end":2092.75},{"text":"an","start":2092.75,"end":2093.03},{"text":"integral","start":2093.03,"end":2093.43},{"text":"component","start":2093.43,"end":2094.07},{"text":"at","start":2094.07,"end":2094.31},{"text":"the","start":2094.31,"end":2094.39},{"text":"WTO.","start":2094.39,"end":2095.11}]},{"text":"India urges commitment to working towards a fully functional two-tier dispute settlement system accessible to all on priority.","start":2095.91,"end":2104.23,"topics":[],"words":[{"text":"India","start":2095.91,"end":2096.39},{"text":"urges","start":2096.39,"end":2096.79},{"text":"commitment","start":2096.79,"end":2097.47},{"text":"to","start":2097.47,"end":2097.59},{"text":"working","start":2097.59,"end":2097.99},{"text":"towards","start":2097.99,"end":2098.35},{"text":"a","start":2098.35,"end":2098.39},{"text":"fully","start":2098.39,"end":2098.87},{"text":"functional","start":2098.87,"end":2099.39},{"text":"two-tier","start":2099.39,"end":2100.07},{"text":"dispute","start":2100.47,"end":2100.91},{"text":"settlement","start":2100.91,"end":2101.43},{"text":"system","start":2101.43,"end":2101.99},{"text":"accessible","start":2101.99,"end":2102.71},{"text":"to","start":2102.71,"end":2102.87},{"text":"all","start":2102.87,"end":2103.19},{"text":"on","start":2103.19,"end":2103.43},{"text":"priority.","start":2103.43,"end":2104.23}]},{"text":"We also stress the importance of capacity building, improved aid for trade mechanisms and meaningful technology transfer to enable the effective participation of all developing country members, including LDCs.","start":2104.71,"end":2117.83,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and 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podium.","start":2160.47,"end":2169.55,"topics":[],"words":[{"text":"And","start":2160.47,"end":2160.59},{"text":"I","start":2160.59,"end":2160.75},{"text":"now","start":2160.75,"end":2161.07},{"text":"pass","start":2161.07,"end":2161.63},{"text":"to","start":2162.51,"end":2162.79},{"text":"my","start":2162.83,"end":2163.11},{"text":"esteemed","start":2163.11,"end":2163.47},{"text":"colleague,","start":2163.47,"end":2163.83},{"text":"Ambassador","start":2163.83,"end":2164.27},{"text":"Causell,","start":2164.27,"end":2164.99},{"text":"to","start":2166.19,"end":2166.43},{"text":"monitor","start":2166.75,"end":2167.31},{"text":"from","start":2167.31,"end":2167.47},{"text":"here,","start":2167.47,"end":2167.95},{"text":"from","start":2168.75,"end":2168.99},{"text":"the","start":2168.99,"end":2169.11},{"text":"podium.","start":2169.15,"end":2169.55}]},{"text":"Thank 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Honduras.","start":2175.19,"end":2183.67,"topics":[],"words":[{"text":"I","start":2175.19,"end":2175.43},{"text":"now","start":2175.43,"end":2175.59},{"text":"give","start":2175.59,"end":2175.99},{"text":"the","start":2176.31,"end":2176.51},{"text":"floor","start":2176.55,"end":2176.87},{"text":"to","start":2176.87,"end":2177.11},{"text":"the","start":2177.11,"end":2177.23},{"text":"distinguished","start":2177.23,"end":2177.83},{"text":"representative","start":2177.83,"end":2178.55},{"text":"of","start":2178.55,"end":2178.79},{"text":"Bangladesh,","start":2178.87,"end":2179.43},{"text":"to","start":2180.07,"end":2180.19},{"text":"be","start":2180.19,"end":2180.63},{"text":"followed","start":2180.63,"end":2181.07},{"text":"by","start":2181.07,"end":2181.43},{"text":"the","start":2181.43,"end":2181.55},{"text":"distinguished","start":2181.59,"end":2182.19},{"text":"representative","start":2182.19,"end":2182.79},{"text":"of","start":2182.79,"end":2182.95},{"text":"Honduras.","start":2182.99,"end":2183.67}]}]}],"speaker":{"name":"Causell","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":23,"start":2185.43,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=2186","paragraphs":[{"sentences":[{"text":"Thank you, Chair.","start":2185.43,"end":2186.39,"topics":[],"words":[{"text":"Thank","start":2185.43,"end":2185.75},{"text":"you,","start":2185.75,"end":2185.87},{"text":"Chair.","start":2185.91,"end":2186.39}]},{"text":"Bangladesh welcomes the reaffirmation that international trade remains a key driver for development.","start":2187.43,"end":2194.47,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"Bangladesh","start":2187.43,"end":2187.99},{"text":"welcomes","start":2187.99,"end":2188.63},{"text":"the","start":2188.63,"end":2188.83},{"text":"reaffirmation","start":2188.99,"end":2189.99},{"text":"that","start":2189.99,"end":2190.47},{"text":"international","start":2190.87,"end":2191.59},{"text":"trade","start":2191.59,"end":2192.07},{"text":"remains","start":2192.07,"end":2192.55},{"text":"a","start":2192.55,"end":2192.63},{"text":"key","start":2192.63,"end":2192.87},{"text":"driver","start":2192.87,"end":2193.43},{"text":"for","start":2193.43,"end":2193.67},{"text":"development.","start":2193.67,"end":2194.47}]},{"text":"We commend the call to preserve a universal, rule-based, fair and inclusive multilateral trading system centered around the WTO.","start":2195.43,"end":2205.75,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"We","start":2195.43,"end":2195.59},{"text":"commend","start":2195.59,"end":2196.11},{"text":"the","start":2196.11,"end":2196.23},{"text":"call","start":2196.23,"end":2196.63},{"text":"to","start":2196.63,"end":2196.87},{"text":"preserve","start":2197.03,"end":2197.67},{"text":"a","start":2197.67,"end":2197.75},{"text":"universal,","start":2197.83,"end":2198.95},{"text":"rule-based,","start":2199.59,"end":2200.15},{"text":"fair","start":2200.15,"end":2200.55},{"text":"and","start":2200.55,"end":2200.71},{"text":"inclusive","start":2200.71,"end":2201.31},{"text":"multilateral","start":2201.31,"end":2202.15},{"text":"trading","start":2202.23,"end":2202.59},{"text":"system","start":2202.59,"end":2203.19},{"text":"centered","start":2203.43,"end":2204.23},{"text":"around","start":2204.39,"end":2204.79},{"text":"the","start":2204.79,"end":2204.95},{"text":"WTO.","start":2204.95,"end":2205.75}]},{"text":"Multilateral institutions should facilitate policy coherence and provide technical and capacity building support tailored to the needs of developing countries and LDCs.","start":2206.79,"end":2219.83,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"Multilateral","start":2206.79,"end":2207.75},{"text":"institutions","start":2207.75,"end":2208.79},{"text":"should","start":2209.11,"end":2209.51},{"text":"facilitate","start":2209.59,"end":2210.31},{"text":"policy","start":2210.31,"end":2210.87},{"text":"coherence","start":2210.87,"end":2211.75},{"text":"and","start":2212.11,"end":2212.23},{"text":"provide","start":2212.23,"end":2212.87},{"text":"technical","start":2213.11,"end":2213.75},{"text":"and","start":2213.75,"end":2214.07},{"text":"capacity","start":2214.07,"end":2214.63},{"text":"building","start":2214.63,"end":2214.99},{"text":"support","start":2214.99,"end":2215.59},{"text":"tailored","start":2215.75,"end":2216.27},{"text":"to","start":2216.27,"end":2216.39},{"text":"the","start":2216.39,"end":2216.55},{"text":"needs","start":2216.55,"end":2217.03},{"text":"of","start":2217.03,"end":2217.19},{"text":"developing","start":2217.19,"end":2217.75},{"text":"countries","start":2217.75,"end":2218.39},{"text":"and","start":2218.55,"end":2218.95},{"text":"LDCs.","start":2218.95,"end":2219.83}]},{"text":"We support the emphasis on policy space in TAD agreements.","start":2220.87,"end":2225.67,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"We","start":2220.87,"end":2220.99},{"text":"support","start":2220.99,"end":2221.55},{"text":"the","start":2221.55,"end":2221.83},{"text":"emphasis","start":2221.83,"end":2222.63},{"text":"on","start":2222.63,"end":2222.95},{"text":"policy","start":2222.95,"end":2223.47},{"text":"space","start":2223.47,"end":2223.99},{"text":"in","start":2224.31,"end":2224.55},{"text":"TAD","start":2224.55,"end":2224.87},{"text":"agreements.","start":2224.87,"end":2225.67}]},{"text":"Industrialization, green transformation and regional integration all require flexibility.","start":2226.55,"end":2233.31,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."},{"key":"value-addition","label":"Value Addition and Industrialization","description":"A major theme was the need for developing countries to move beyond exporting raw materials and low-value goods. Speakers emphasized industrialization, diversification, manufacturing, and deeper participation in regional and global value chains to create jobs and reduce vulnerability to commodity shocks."}],"words":[{"text":"Industrialization,","start":2226.55,"end":2227.87},{"text":"green","start":2228.19,"end":2228.43},{"text":"transformation","start":2228.43,"end":2229.55},{"text":"and","start":2229.55,"end":2229.87},{"text":"regional","start":2229.87,"end":2230.43},{"text":"integration","start":2230.43,"end":2231.31},{"text":"all","start":2231.55,"end":2231.95},{"text":"require","start":2231.95,"end":2232.35},{"text":"flexibility.","start":2232.35,"end":2233.31}]},{"text":"We urge that this outcome document includes a commitment to extend its non-reciprocal and flexible provisions for trade preference to the LDCs and graduating LDCs for a reasonable period for their sustainable integration into the global trading system.","start":2233.79,"end":2255.87,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. 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This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"Unilateral","start":2277.35,"end":2277.99},{"text":"mechanisms","start":2277.99,"end":2278.87},{"text":"should","start":2278.87,"end":2279.15},{"text":"not","start":2279.15,"end":2279.43},{"text":"be","start":2279.43,"end":2279.55},{"text":"imposed","start":2279.55,"end":2280.15},{"text":"on","start":2280.15,"end":2280.39},{"text":"LDCs","start":2280.43,"end":2281.19},{"text":"and","start":2281.43,"end":2281.67},{"text":"countries","start":2281.67,"end":2282.31},{"text":"in","start":2282.39,"end":2282.71},{"text":"special","start":2282.71,"end":2283.27},{"text":"situations","start":2283.27,"end":2284.23},{"text":"until","start":2284.63,"end":2285.15},{"text":"robust","start":2285.15,"end":2285.87},{"text":"and","start":2285.87,"end":2286.19},{"text":"inclusive","start":2286.19,"end":2286.91},{"text":"global","start":2287.31,"end":2287.71},{"text":"guidelines","start":2287.71,"end":2288.51},{"text":"are","start":2288.75,"end":2288.87},{"text":"established","start":2288.87,"end":2289.79},{"text":"through","start":2289.95,"end":2290.27},{"text":"the","start":2290.27,"end":2290.51},{"text":"WTO","start":2290.59,"end":2291.39},{"text":"and","start":2291.71,"end":2292.19},{"text":"UNFCCC.","start":2293.07,"end":2294.43}]},{"text":"Thank you very much, the Chair.","start":2296.35,"end":2297.71,"topics":[],"words":[{"text":"Thank","start":2296.35,"end":2296.63},{"text":"you","start":2296.63,"end":2296.71},{"text":"very","start":2296.71,"end":2296.91},{"text":"much,","start":2296.91,"end":2297.23},{"text":"the","start":2297.23,"end":2297.39},{"text":"Chair.","start":2297.39,"end":2297.71}]}]}],"speaker":{"name":null,"affiliation":"BGD","affiliation_full":"Bangladesh","group":null,"function":"Representative"}},{"statement_number":24,"start":2299.55,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=2300","paragraphs":[{"sentences":[{"text":"I thank the distinguished representative of Bangladesh.","start":2299.55,"end":2301.91,"topics":[],"words":[{"text":"I","start":2299.55,"end":2299.71},{"text":"thank","start":2299.71,"end":2299.95},{"text":"the","start":2299.95,"end":2300.07},{"text":"distinguished","start":2300.07,"end":2300.63},{"text":"representative","start":2300.63,"end":2301.27},{"text":"of","start":2301.27,"end":2301.39},{"text":"Bangladesh.","start":2301.39,"end":2301.91}]},{"text":"Now I give the floor to the distinguished representative of Honduras, to be followed by the distinguished representative of Chile.","start":2302.51,"end":2308.67,"topics":[],"words":[{"text":"Now","start":2302.51,"end":2302.75},{"text":"I","start":2302.75,"end":2302.83},{"text":"give","start":2302.83,"end":2303.07},{"text":"the","start":2303.07,"end":2303.15},{"text":"floor","start":2303.15,"end":2303.47},{"text":"to","start":2303.47,"end":2303.63},{"text":"the","start":2303.63,"end":2303.79},{"text":"distinguished","start":2303.79,"end":2304.35},{"text":"representative","start":2304.35,"end":2304.99},{"text":"of","start":2304.99,"end":2305.11},{"text":"Honduras,","start":2305.11,"end":2305.63},{"text":"to","start":2305.63,"end":2305.83},{"text":"be","start":2305.83,"end":2305.95},{"text":"followed","start":2305.95,"end":2306.27},{"text":"by","start":2306.27,"end":2306.59},{"text":"the","start":2306.83,"end":2306.91},{"text":"distinguished","start":2306.91,"end":2307.47},{"text":"representative","start":2307.47,"end":2308.11},{"text":"of","start":2308.11,"end":2308.27},{"text":"Chile.","start":2308.27,"end":2308.67}]}]}],"speaker":{"name":"Causell","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":25,"start":2312.75,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=2313","paragraphs":[{"sentences":[{"text":"Distinguished moderators, panelists, and delegates, international trade has been key for development for many countries, but their benefits have been distributed unequally.","start":2312.75,"end":2323.11,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"Distinguished","start":2312.75,"end":2313.35},{"text":"moderators,","start":2313.35,"end":2314.31},{"text":"panelists,","start":2314.55,"end":2315.51},{"text":"and","start":2315.75,"end":2315.95},{"text":"delegates,","start":2315.95,"end":2316.55},{"text":"international","start":2316.79,"end":2317.51},{"text":"trade","start":2317.51,"end":2317.83},{"text":"has","start":2317.83,"end":2317.95},{"text":"been","start":2317.95,"end":2318.15},{"text":"key","start":2318.15,"end":2318.63},{"text":"for","start":2318.63,"end":2318.95},{"text":"development","start":2318.95,"end":2319.51},{"text":"for","start":2319.51,"end":2319.63},{"text":"many","start":2319.63,"end":2319.91},{"text":"countries,","start":2319.91,"end":2320.39},{"text":"but","start":2320.39,"end":2320.51},{"text":"their","start":2320.51,"end":2320.63},{"text":"benefits","start":2320.63,"end":2321.35},{"text":"have","start":2321.35,"end":2321.47},{"text":"been","start":2321.47,"end":2321.67},{"text":"distributed","start":2321.67,"end":2322.39},{"text":"unequally.","start":2322.39,"end":2323.11}]},{"text":"In Honduras, where we export products with low added value, we have not been able to overcome structural gaps.","start":2323.59,"end":2333.51,"topics":[{"key":"value-addition","label":"Value Addition and Industrialization","description":"A major theme was the need for developing countries to move beyond exporting raw materials and low-value goods. Speakers emphasized industrialization, diversification, manufacturing, and deeper participation in regional and global value chains to create jobs and reduce vulnerability to commodity shocks."}],"words":[{"text":"In","start":2323.59,"end":2323.83},{"text":"Honduras,","start":2323.83,"end":2324.63},{"text":"where","start":2325.59,"end":2326.07},{"text":"we","start":2326.15,"end":2326.55},{"text":"export","start":2326.55,"end":2327.43},{"text":"products","start":2327.91,"end":2328.39},{"text":"with","start":2328.39,"end":2328.63},{"text":"low","start":2328.63,"end":2328.87},{"text":"added","start":2328.87,"end":2329.19},{"text":"value,","start":2329.19,"end":2329.83},{"text":"we","start":2330.79,"end":2331.03},{"text":"have","start":2331.03,"end":2331.27},{"text":"not","start":2331.27,"end":2331.59},{"text":"been","start":2331.59,"end":2331.75},{"text":"able","start":2331.75,"end":2331.95},{"text":"to","start":2331.95,"end":2332.03},{"text":"overcome","start":2332.03,"end":2332.55},{"text":"structural","start":2332.55,"end":2333.11},{"text":"gaps.","start":2333.11,"end":2333.51}]},{"text":"The FFD4 can and should play a transformative role in promoting reform of the multilateral trading system by promoting trade agreements which fully include the principles of sustainable development, including gender equality, human rights, environmental sustainability and social cohesion.","start":2333.51,"end":2353.91,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"The","start":2333.51,"end":2333.63},{"text":"FFD4","start":2333.75,"end":2335.03},{"text":"can","start":2335.91,"end":2336.31},{"text":"and","start":2336.31,"end":2336.55},{"text":"should","start":2336.55,"end":2336.87},{"text":"play","start":2336.87,"end":2337.23},{"text":"a","start":2337.23,"end":2337.27},{"text":"transformative","start":2337.27,"end":2338.15},{"text":"role","start":2338.15,"end":2338.47},{"text":"in","start":2338.47,"end":2338.55},{"text":"promoting","start":2338.55,"end":2339.27},{"text":"reform","start":2339.27,"end":2339.91},{"text":"of","start":2339.99,"end":2340.23},{"text":"the","start":2340.23,"end":2340.35},{"text":"multilateral","start":2341.15,"end":2341.75},{"text":"trading","start":2341.75,"end":2342.23},{"text":"system","start":2342.23,"end":2342.71},{"text":"by","start":2342.71,"end":2342.87},{"text":"promoting","start":2342.87,"end":2343.51},{"text":"trade","start":2343.51,"end":2343.83},{"text":"agreements","start":2343.83,"end":2344.39},{"text":"which","start":2344.39,"end":2344.63},{"text":"fully","start":2344.63,"end":2345.03},{"text":"include","start":2345.35,"end":2345.75},{"text":"the","start":2345.75,"end":2345.83},{"text":"principles","start":2345.83,"end":2346.39},{"text":"of","start":2346.39,"end":2346.47},{"text":"sustainable","start":2346.47,"end":2347.15},{"text":"development,","start":2347.15,"end":2347.75},{"text":"including","start":2348.07,"end":2348.67},{"text":"gender","start":2348.67,"end":2349.07},{"text":"equality,","start":2349.07,"end":2349.59},{"text":"human","start":2349.59,"end":2350.07},{"text":"rights,","start":2350.07,"end":2350.47},{"text":"environmental","start":2350.91,"end":2351.67},{"text":"sustainability","start":2351.67,"end":2352.63},{"text":"and","start":2352.63,"end":2352.79},{"text":"social","start":2352.79,"end":2353.15},{"text":"cohesion.","start":2353.15,"end":2353.91}]},{"text":"We also need to revise rules so that they reflect the realities of developing countries and bolster international cooperation to ensure that countries with primary commodities and minerals can fully benefit from these resources.","start":2354.39,"end":2370.31,"topics":[{"key":"critical-minerals","label":"Critical Minerals and Commodities","description":"Speakers discussed how countries rich in critical minerals and commodities should capture more value from their resources through local processing, beneficiation, and fair legal frameworks. The goal is to ensure that extraction supports domestic development, structural transformation, and benefits for local communities."},{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"We","start":2354.39,"end":2354.71},{"text":"also","start":2354.71,"end":2355.03},{"text":"need","start":2355.03,"end":2355.27},{"text":"to","start":2355.27,"end":2355.39},{"text":"revise","start":2355.39,"end":2356.07},{"text":"rules","start":2356.07,"end":2356.71},{"text":"so","start":2356.79,"end":2357.03},{"text":"that","start":2357.03,"end":2357.23},{"text":"they","start":2357.23,"end":2357.35},{"text":"reflect","start":2357.35,"end":2357.87},{"text":"the","start":2357.87,"end":2357.95},{"text":"realities","start":2357.95,"end":2358.55},{"text":"of","start":2358.55,"end":2358.63},{"text":"developing","start":2358.63,"end":2359.19},{"text":"countries","start":2359.19,"end":2359.71},{"text":"and","start":2359.71,"end":2359.87},{"text":"bolster","start":2359.87,"end":2360.31},{"text":"international","start":2360.31,"end":2360.95},{"text":"cooperation","start":2360.95,"end":2361.75},{"text":"to","start":2361.75,"end":2361.91},{"text":"ensure","start":2361.91,"end":2362.39},{"text":"that","start":2362.39,"end":2362.71},{"text":"countries","start":2363.03,"end":2363.59},{"text":"with","start":2363.59,"end":2363.87},{"text":"primary","start":2364.47,"end":2364.91},{"text":"commodities","start":2364.91,"end":2365.67},{"text":"and","start":2365.67,"end":2365.87},{"text":"minerals","start":2365.87,"end":2366.55},{"text":"can","start":2367.91,"end":2368.15},{"text":"fully","start":2368.15,"end":2368.51},{"text":"benefit","start":2368.51,"end":2369.03},{"text":"from","start":2369.03,"end":2369.27},{"text":"these","start":2369.27,"end":2369.51},{"text":"resources.","start":2369.51,"end":2370.31}]},{"text":"This means that we need to have mechanisms which promote technological transfers, the creation of sustainable and fair practices, recognizing the impact of digitalization and the SDTs for each country and for each region.","start":2370.91,"end":2388.11,"topics":[],"words":[{"text":"This","start":2370.91,"end":2371.07},{"text":"means","start":2371.07,"end":2371.39},{"text":"that","start":2371.39,"end":2371.55},{"text":"we","start":2371.55,"end":2371.71},{"text":"need","start":2371.71,"end":2371.91},{"text":"to","start":2371.91,"end":2372.03},{"text":"have","start":2372.03,"end":2372.23},{"text":"mechanisms","start":2372.23,"end":2372.91},{"text":"which","start":2372.91,"end":2373.15},{"text":"promote","start":2373.15,"end":2373.51},{"text":"technological","start":2373.51,"end":2374.19},{"text":"transfers,","start":2374.19,"end":2374.75},{"text":"the","start":2374.75,"end":2374.87},{"text":"creation","start":2374.87,"end":2375.63},{"text":"of","start":2376.87,"end":2377.07},{"text":"sustainable","start":2377.55,"end":2378.43},{"text":"and","start":2378.43,"end":2378.59},{"text":"fair","start":2378.59,"end":2378.83},{"text":"practices,","start":2378.83,"end":2379.55},{"text":"recognizing","start":2379.55,"end":2380.39},{"text":"the","start":2380.39,"end":2380.47},{"text":"impact","start":2380.47,"end":2380.95},{"text":"of","start":2380.95,"end":2381.07},{"text":"digitalization","start":2381.07,"end":2382.35},{"text":"and","start":2382.83,"end":2383.31},{"text":"the","start":2383.87,"end":2384.15},{"text":"SDTs","start":2384.75,"end":2385.79},{"text":"for","start":2385.79,"end":2385.95},{"text":"each","start":2385.95,"end":2386.27},{"text":"country","start":2386.27,"end":2386.91},{"text":"and","start":2386.99,"end":2387.19},{"text":"for","start":2387.19,"end":2387.31},{"text":"each","start":2387.31,"end":2387.55},{"text":"region.","start":2387.55,"end":2388.11}]},{"text":"This fourth conference is an opportunity to revitalize the international trade architecture to prioritize equity, inclusion, and the true development of our peoples.","start":2389.23,"end":2402.39,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and 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Venezuela.","start":2408.95,"end":2416.71,"topics":[],"words":[{"text":"Now","start":2408.95,"end":2409.19},{"text":"I","start":2409.19,"end":2409.43},{"text":"give","start":2409.59,"end":2409.83},{"text":"the","start":2409.83,"end":2409.95},{"text":"floor","start":2409.95,"end":2410.23},{"text":"to","start":2410.23,"end":2410.39},{"text":"the","start":2410.39,"end":2410.59},{"text":"distinguished","start":2410.59,"end":2411.11},{"text":"representative","start":2411.11,"end":2411.83},{"text":"of","start":2411.83,"end":2411.91},{"text":"Chile,","start":2411.91,"end":2412.31},{"text":"to","start":2412.55,"end":2412.67},{"text":"be","start":2412.67,"end":2412.79},{"text":"followed","start":2412.79,"end":2413.19},{"text":"by","start":2413.19,"end":2413.51},{"text":"the","start":2413.91,"end":2414.07},{"text":"distinguished","start":2414.07,"end":2414.63},{"text":"representative","start":2414.63,"end":2415.27},{"text":"of","start":2415.27,"end":2415.59},{"text":"Venezuela.","start":2415.99,"end":2416.71}]}]}],"speaker":{"name":"Causell","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":27,"start":2419.75,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=2420","paragraphs":[{"sentences":[{"text":"Thank you, co-facilitator.","start":2419.75,"end":2421.11,"topics":[],"words":[{"text":"Thank","start":2419.75,"end":2419.91},{"text":"you,","start":2419.91,"end":2420.07},{"text":"co-facilitator.","start":2420.07,"end":2421.11}]},{"text":"We align ourselves with the statement by G77 and China and would add the following elements in our national capacity.","start":2421.43,"end":2427.91,"topics":[],"words":[{"text":"We","start":2421.43,"end":2421.67},{"text":"align","start":2421.67,"end":2421.99},{"text":"ourselves","start":2421.99,"end":2422.47},{"text":"with","start":2422.47,"end":2422.71},{"text":"the","start":2422.71,"end":2422.79},{"text":"statement","start":2422.79,"end":2423.51},{"text":"by","start":2423.51,"end":2423.75},{"text":"G77","start":2423.83,"end":2424.71},{"text":"and","start":2424.71,"end":2424.83},{"text":"China","start":2424.83,"end":2425.15},{"text":"and","start":2425.15,"end":2425.27},{"text":"would","start":2425.27,"end":2425.43},{"text":"add","start":2425.43,"end":2425.59},{"text":"the","start":2425.59,"end":2425.67},{"text":"following","start":2425.67,"end":2426.23},{"text":"elements","start":2426.23,"end":2426.67},{"text":"in","start":2426.67,"end":2426.79},{"text":"our","start":2426.79,"end":2426.91},{"text":"national","start":2426.91,"end":2427.27},{"text":"capacity.","start":2427.27,"end":2427.91}]},{"text":"Chile reaffirms its conviction that open international trade, which is rules-based and fair, is an essential driver for development in a global context marked by growing tensions and trade restrictions and fragmentation.","start":2428.23,"end":2441.99,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"We","start":2514.75,"end":2514.91},{"text":"reiterate","start":2514.91,"end":2515.47},{"text":"our","start":2515.47,"end":2515.59},{"text":"commitment","start":2515.59,"end":2516.11},{"text":"to","start":2516.11,"end":2516.19},{"text":"bolstering","start":2516.19,"end":2516.91},{"text":"open","start":2516.91,"end":2517.39},{"text":"trade,","start":2518.35,"end":2518.91},{"text":"transparent","start":2519.23,"end":2520.03},{"text":"and","start":2520.03,"end":2520.19},{"text":"fair","start":2520.19,"end":2520.43},{"text":"trade,","start":2520.43,"end":2520.91},{"text":"and","start":2520.91,"end":2521.07},{"text":"reform","start":2521.07,"end":2521.47},{"text":"of","start":2521.47,"end":2521.55},{"text":"the","start":2521.55,"end":2521.67},{"text":"WTO,","start":2521.67,"end":2522.35},{"text":"which","start":2522.35,"end":2522.59},{"text":"will","start":2522.99,"end":2523.31},{"text":"consolidate","start":2523.47,"end":2524.35},{"text":"its","start":2524.35,"end":2524.59},{"text":"role","start":2524.59,"end":2524.91},{"text":"as","start":2524.91,"end":2525.23},{"text":"the","start":2525.23,"end":2525.43},{"text":"pillar","start":2525.47,"end":2526.03},{"text":"of","start":2526.27,"end":2526.43},{"text":"trade.","start":2526.43,"end":2526.91}]},{"text":"Thank you.","start":2526.91,"end":2527.31,"topics":[],"words":[{"text":"Thank","start":2526.91,"end":2527.15},{"text":"you.","start":2527.15,"end":2527.31}]}]}],"speaker":{"name":null,"affiliation":"CHL","affiliation_full":"Chile","group":null,"function":"Representative"}},{"statement_number":28,"start":2528.03,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=2529","paragraphs":[{"sentences":[{"text":"I thank the distinguished representative of Chile.","start":2528.03,"end":2530.27,"topics":[],"words":[{"text":"I","start":2528.03,"end":2528.19},{"text":"thank","start":2528.19,"end":2528.47},{"text":"the","start":2528.47,"end":2528.55},{"text":"distinguished","start":2528.55,"end":2529.07},{"text":"representative","start":2529.07,"end":2529.79},{"text":"of","start":2529.79,"end":2529.91},{"text":"Chile.","start":2529.99,"end":2530.27}]},{"text":"Now I give the floor to the distinguished representative of Venezuela to be followed by the distinguished representative of Paraguay.","start":2531.19,"end":2538.07,"topics":[],"words":[{"text":"Now","start":2531.19,"end":2531.27},{"text":"I","start":2531.27,"end":2531.43},{"text":"give","start":2531.43,"end":2531.63},{"text":"the","start":2531.63,"end":2531.75},{"text":"floor","start":2531.75,"end":2532.07},{"text":"to","start":2532.07,"end":2532.23},{"text":"the","start":2532.23,"end":2532.43},{"text":"distinguished","start":2532.43,"end":2532.95},{"text":"representative","start":2532.95,"end":2533.67},{"text":"of","start":2533.67,"end":2533.87},{"text":"Venezuela","start":2533.87,"end":2534.55},{"text":"to","start":2534.87,"end":2534.99},{"text":"be","start":2534.99,"end":2535.11},{"text":"followed","start":2535.11,"end":2535.43},{"text":"by","start":2535.43,"end":2535.83},{"text":"the","start":2536.07,"end":2536.23},{"text":"distinguished","start":2536.23,"end":2536.75},{"text":"representative","start":2536.75,"end":2537.43},{"text":"of","start":2537.43,"end":2537.51},{"text":"Paraguay.","start":2537.51,"end":2538.07}]}]}],"speaker":{"name":"Causell","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":29,"start":2540.79,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=2541","paragraphs":[{"sentences":[{"text":"Gracias.","start":2540.79,"end":2541.27,"topics":[],"words":[{"text":"Gracias.","start":2540.79,"end":2541.27}]}]},{"sentences":[{"text":"Thank you, Chairman.","start":2542.15,"end":2543.19,"topics":[],"words":[{"text":"Thank","start":2542.15,"end":2542.39},{"text":"you,","start":2542.39,"end":2542.59},{"text":"Chairman.","start":2542.71,"end":2543.19}]},{"text":"International cooperation for development must be seen from the perspective that there's no one criterion that should be applied to all countries equally.","start":2544.31,"end":2555.03,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. 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representative from World Customs 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These were described as undermining development, distorting competition, and limiting market access for poorer economies."}],"words":[{"text":"My","start":2685.55,"end":2685.79},{"text":"country","start":2685.79,"end":2686.27},{"text":"supports","start":2686.27,"end":2686.83},{"text":"the","start":2686.83,"end":2686.91},{"text":"inclusion","start":2686.91,"end":2687.63},{"text":"in","start":2687.63,"end":2687.87},{"text":"the","start":2687.87,"end":2687.99},{"text":"outcome","start":2687.99,"end":2688.35},{"text":"document","start":2688.35,"end":2688.99},{"text":"of","start":2689.43,"end":2689.63},{"text":"other","start":2689.79,"end":2690.07},{"text":"restrictions","start":2690.07,"end":2690.91},{"text":"to","start":2690.99,"end":2691.35},{"text":"trade,","start":2691.35,"end":2691.71},{"text":"such","start":2691.95,"end":2692.43},{"text":"as","start":2692.43,"end":2692.83},{"text":"non-tariff","start":2693.07,"end":2693.95},{"text":"protective","start":2694.11,"end":2694.75},{"text":"measures.","start":2694.75,"end":2695.39}]},{"text":"which are outlined in the WTO measures and which are damaging to trade.","start":2698.39,"end":2704.03,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. 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This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"We","start":2704.03,"end":2704.19},{"text":"also","start":2704.19,"end":2704.51},{"text":"believe","start":2704.51,"end":2704.91},{"text":"that","start":2704.91,"end":2705.31},{"text":"to","start":2706.03,"end":2706.43},{"text":"have","start":2706.43,"end":2706.55},{"text":"a","start":2707.39,"end":2707.43},{"text":"political","start":2707.43,"end":2709.15},{"text":"space","start":2709.15,"end":2709.47},{"text":"is","start":2709.47,"end":2709.63},{"text":"not","start":2709.63,"end":2709.91},{"text":"a","start":2709.91,"end":2709.95},{"text":"goal","start":2709.95,"end":2710.43},{"text":"in","start":2710.43,"end":2710.59},{"text":"and","start":2710.59,"end":2710.75},{"text":"of","start":2710.75,"end":2710.87},{"text":"itself,","start":2710.87,"end":2711.39},{"text":"but","start":2711.39,"end":2711.55},{"text":"rather","start":2711.55,"end":2712.03},{"text":"a","start":2712.03,"end":2712.07},{"text":"tool","start":2712.07,"end":2712.51},{"text":"among","start":2712.51,"end":2712.71},{"text":"many","start":2712.71,"end":2713.07},{"text":"other","start":2713.07,"end":2713.31},{"text":"tools.","start":2713.31,"end":2713.87}]},{"text":"And we therefore deem it essential for its use to be reliant on existing relevant international norms and tools.","start":2714.35,"end":2724.67,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. 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Regions, Refocus and Society for International Development, Civil Society, FFD 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trade is an engine for development, therefore cannot succeed without customs serving as an effective implementing agency.","start":2758.39,"end":2765.51,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"International","start":2758.39,"end":2759.03},{"text":"trade","start":2759.03,"end":2759.43},{"text":"is","start":2759.43,"end":2759.59},{"text":"an","start":2759.59,"end":2759.67},{"text":"engine","start":2759.67,"end":2759.95},{"text":"for","start":2759.95,"end":2760.07},{"text":"development,","start":2760.07,"end":2760.79},{"text":"therefore","start":2760.79,"end":2761.27},{"text":"cannot","start":2761.27,"end":2761.67},{"text":"succeed","start":2761.67,"end":2762.15},{"text":"without","start":2762.15,"end":2762.51},{"text":"customs","start":2762.51,"end":2763.03},{"text":"serving","start":2763.03,"end":2763.51},{"text":"as","start":2763.51,"end":2763.63},{"text":"an","start":2763.63,"end":2763.75},{"text":"effective","start":2763.75,"end":2764.23},{"text":"implementing","start":2764.23,"end":2764.87},{"text":"agency.","start":2764.87,"end":2765.51}]},{"text":"The WCO maintains several international instruments which are vital to the multilateral trading system.","start":2766.47,"end":2772.15,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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the distinguished representative from Regions Refocused and Society for International Development, to be followed by the distinguished representative from International Chamber of 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The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"This","start":2910.99,"end":2911.19},{"text":"highlights","start":2911.19,"end":2911.59},{"text":"the","start":2911.59,"end":2911.67},{"text":"need","start":2911.67,"end":2911.91},{"text":"to","start":2911.91,"end":2911.99},{"text":"go","start":2911.99,"end":2912.11},{"text":"beyond","start":2912.11,"end":2912.51},{"text":"the","start":2912.51,"end":2912.59},{"text":"WTO","start":2912.59,"end":2913.15},{"text":"for","start":2913.15,"end":2913.31},{"text":"multilateral","start":2913.31,"end":2913.95},{"text":"trade","start":2913.95,"end":2914.23},{"text":"governance.","start":2914.23,"end":2914.83}]},{"text":"The recent spotlight on tariffs as unilateral coercive measures has showcased the structural vulnerabilities of developing countries.","start":2915.23,"end":2921.23,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. These were described as undermining development, distorting competition, and limiting market access for poorer economies."}],"words":[{"text":"The","start":2915.23,"end":2915.35},{"text":"recent","start":2915.35,"end":2915.75},{"text":"spotlight","start":2915.75,"end":2916.11},{"text":"on","start":2916.11,"end":2916.27},{"text":"tariffs","start":2916.27,"end":2916.71},{"text":"as","start":2916.71,"end":2916.83},{"text":"unilateral","start":2916.83,"end":2917.39},{"text":"coercive","start":2917.39,"end":2917.79},{"text":"measures","start":2917.79,"end":2918.23},{"text":"has","start":2918.23,"end":2918.35},{"text":"showcased","start":2918.35,"end":2918.87},{"text":"the","start":2918.87,"end":2918.95},{"text":"structural","start":2918.95,"end":2919.47},{"text":"vulnerabilities","start":2919.47,"end":2920.11},{"text":"of","start":2920.11,"end":2920.19},{"text":"developing","start":2920.19,"end":2920.67},{"text":"countries.","start":2920.67,"end":2921.23}]},{"text":"Their sheer survival in the global economy has become hinged on the whims of others.","start":2921.55,"end":2925.47,"topics":[],"words":[{"text":"Their","start":2921.55,"end":2921.79},{"text":"sheer","start":2921.79,"end":2922.03},{"text":"survival","start":2922.03,"end":2922.63},{"text":"in","start":2922.63,"end":2922.71},{"text":"the","start":2922.71,"end":2922.79},{"text":"global","start":2922.79,"end":2923.11},{"text":"economy","start":2923.11,"end":2923.55},{"text":"has","start":2923.55,"end":2923.71},{"text":"become","start":2923.71,"end":2924.03},{"text":"hinged","start":2924.03,"end":2924.43},{"text":"on","start":2924.43,"end":2924.51},{"text":"the","start":2924.51,"end":2924.59},{"text":"whims","start":2924.59,"end":2924.91},{"text":"of","start":2924.91,"end":2924.99},{"text":"others.","start":2924.99,"end":2925.47}]},{"text":"The language proposed by the G77 on unilateral trade measures, especially the use of tariffs, addresses the current trade context.","start":2925.87,"end":2932.11,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. These were described as undermining development, distorting competition, and limiting market access for poorer economies."}],"words":[{"text":"The","start":2925.87,"end":2925.95},{"text":"language","start":2925.95,"end":2926.31},{"text":"proposed","start":2926.31,"end":2926.75},{"text":"by","start":2926.75,"end":2926.83},{"text":"the","start":2926.83,"end":2926.95},{"text":"G77","start":2926.95,"end":2927.67},{"text":"on","start":2927.67,"end":2927.79},{"text":"unilateral","start":2927.79,"end":2928.35},{"text":"trade","start":2928.35,"end":2928.59},{"text":"measures,","start":2928.59,"end":2928.99},{"text":"especially","start":2928.99,"end":2929.47},{"text":"the","start":2929.47,"end":2929.63},{"text":"use","start":2929.63,"end":2929.79},{"text":"of","start":2929.79,"end":2929.87},{"text":"tariffs,","start":2929.87,"end":2930.35},{"text":"addresses","start":2930.35,"end":2930.75},{"text":"the","start":2930.75,"end":2930.87},{"text":"current","start":2930.87,"end":2931.19},{"text":"trade","start":2931.19,"end":2931.47},{"text":"context.","start":2931.47,"end":2932.11}]},{"text":"However, tariffs have already been extensively used by now developed countries when they needed the protection that developing countries need today.","start":2932.47,"end":2938.95,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."},{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. These were described as undermining development, distorting competition, and limiting market access for poorer economies."}],"words":[{"text":"However,","start":2932.47,"end":2932.95},{"text":"tariffs","start":2932.95,"end":2933.27},{"text":"have","start":2933.27,"end":2933.43},{"text":"already","start":2933.43,"end":2933.75},{"text":"been","start":2933.75,"end":2933.87},{"text":"extensively","start":2933.87,"end":2934.55},{"text":"used","start":2934.55,"end":2934.87},{"text":"by","start":2934.87,"end":2934.95},{"text":"now","start":2934.95,"end":2935.19},{"text":"developed","start":2935.19,"end":2935.59},{"text":"countries","start":2935.59,"end":2935.95},{"text":"when","start":2935.95,"end":2936.15},{"text":"they","start":2936.15,"end":2936.31},{"text":"needed","start":2936.31,"end":2936.63},{"text":"the","start":2936.63,"end":2936.75},{"text":"protection","start":2936.75,"end":2937.35},{"text":"that","start":2937.35,"end":2937.47},{"text":"developing","start":2937.47,"end":2937.99},{"text":"countries","start":2937.99,"end":2938.39},{"text":"need","start":2938.39,"end":2938.55},{"text":"today.","start":2938.55,"end":2938.95}]},{"text":"Developing countries must emphasize their own policy space to employ tariffs while addressing the current moment.","start":2939.43,"end":2944.47,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"Developing","start":2939.43,"end":2939.91},{"text":"countries","start":2939.91,"end":2940.23},{"text":"must","start":2940.23,"end":2940.55},{"text":"emphasize","start":2940.55,"end":2940.95},{"text":"their","start":2940.95,"end":2941.11},{"text":"own","start":2941.11,"end":2941.35},{"text":"policy","start":2941.35,"end":2941.79},{"text":"space","start":2941.79,"end":2942.07},{"text":"to","start":2942.07,"end":2942.19},{"text":"employ","start":2942.19,"end":2942.55},{"text":"tariffs","start":2942.55,"end":2942.99},{"text":"while","start":2942.99,"end":2943.19},{"text":"addressing","start":2943.19,"end":2943.59},{"text":"the","start":2943.59,"end":2943.71},{"text":"current","start":2943.71,"end":2943.99},{"text":"moment.","start":2943.99,"end":2944.47}]},{"text":"Free trade is currently only free for developed countries because it costs developing countries the revenue that could and should finance their own development.","start":2944.87,"end":2952.15,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. These were described as undermining development, distorting competition, and limiting market access for poorer economies."}],"words":[{"text":"Free","start":2944.87,"end":2945.11},{"text":"trade","start":2945.11,"end":2945.31},{"text":"is","start":2945.31,"end":2945.43},{"text":"currently","start":2945.43,"end":2945.83},{"text":"only","start":2945.83,"end":2946.15},{"text":"free","start":2946.15,"end":2946.39},{"text":"for","start":2946.39,"end":2946.55},{"text":"developed","start":2946.55,"end":2946.95},{"text":"countries","start":2946.95,"end":2947.43},{"text":"because","start":2947.43,"end":2947.67},{"text":"it","start":2947.67,"end":2947.79},{"text":"costs","start":2947.79,"end":2948.15},{"text":"developing","start":2948.15,"end":2948.55},{"text":"countries","start":2948.55,"end":2948.99},{"text":"the","start":2948.99,"end":2949.07},{"text":"revenue","start":2949.07,"end":2949.51},{"text":"that","start":2949.51,"end":2949.75},{"text":"could","start":2949.75,"end":2950.11},{"text":"and","start":2950.11,"end":2950.31},{"text":"should","start":2950.31,"end":2950.63},{"text":"finance","start":2950.63,"end":2951.03},{"text":"their","start":2951.03,"end":2951.27},{"text":"own","start":2951.27,"end":2951.43},{"text":"development.","start":2951.43,"end":2952.15}]},{"text":"Another key issue is the connection between trade and climate.","start":2952.63,"end":2955.19,"topics":[],"words":[{"text":"Another","start":2952.63,"end":2953.03},{"text":"key","start":2953.03,"end":2953.19},{"text":"issue","start":2953.19,"end":2953.51},{"text":"is","start":2953.51,"end":2953.59},{"text":"the","start":2953.59,"end":2953.67},{"text":"connection","start":2953.67,"end":2954.07},{"text":"between","start":2954.07,"end":2954.39},{"text":"trade","start":2954.39,"end":2954.59},{"text":"and","start":2954.59,"end":2954.71},{"text":"climate.","start":2954.71,"end":2955.19}]},{"text":"There are attempts by developed countries to use trade to unilaterally impose sustainability standards on developing countries and to ensure their own access to critical minerals in developing countries.","start":2955.51,"end":2964.31,"topics":[{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. These were described as undermining development, distorting competition, and limiting market access for poorer economies."},{"key":"critical-minerals","label":"Critical Minerals and Commodities","description":"Speakers discussed how countries rich in critical minerals and commodities should capture more value from their resources through local processing, beneficiation, and fair legal frameworks. The goal is to ensure that extraction supports domestic development, structural transformation, and benefits for local communities."},{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."}],"words":[{"text":"There","start":2955.51,"end":2955.63},{"text":"are","start":2955.63,"end":2955.71},{"text":"attempts","start":2955.71,"end":2956.07},{"text":"by","start":2956.07,"end":2956.15},{"text":"developed","start":2956.15,"end":2956.55},{"text":"countries","start":2956.55,"end":2956.95},{"text":"to","start":2956.95,"end":2957.07},{"text":"use","start":2957.07,"end":2957.31},{"text":"trade","start":2957.31,"end":2957.59},{"text":"to","start":2957.59,"end":2957.71},{"text":"unilaterally","start":2957.71,"end":2958.27},{"text":"impose","start":2958.27,"end":2958.67},{"text":"sustainability","start":2958.67,"end":2959.35},{"text":"standards","start":2959.35,"end":2959.75},{"text":"on","start":2959.75,"end":2959.91},{"text":"developing","start":2959.91,"end":2960.39},{"text":"countries","start":2960.39,"end":2960.87},{"text":"and","start":2961.11,"end":2961.27},{"text":"to","start":2961.27,"end":2961.39},{"text":"ensure","start":2961.39,"end":2961.75},{"text":"their","start":2961.75,"end":2961.91},{"text":"own","start":2961.91,"end":2962.07},{"text":"access","start":2962.07,"end":2962.39},{"text":"to","start":2962.39,"end":2962.51},{"text":"critical","start":2962.51,"end":2962.87},{"text":"minerals","start":2962.87,"end":2963.23},{"text":"in","start":2963.23,"end":2963.31},{"text":"developing","start":2963.31,"end":2963.75},{"text":"countries.","start":2963.75,"end":2964.31}]},{"text":"In this vein, we welcome the G77's proposed language on full policy flexibility for developing countries to determine their trade and investment policies regarding critical minerals.","start":2964.63,"end":2973.67,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."},{"key":"critical-minerals","label":"Critical Minerals and Commodities","description":"Speakers discussed how countries rich in critical minerals and commodities should capture more value from their resources through local processing, beneficiation, and fair legal frameworks. The goal is to ensure that extraction supports domestic development, structural transformation, and benefits for local communities."}],"words":[{"text":"In","start":2964.63,"end":2964.79},{"text":"this","start":2964.79,"end":2964.95},{"text":"vein,","start":2964.95,"end":2965.19},{"text":"we","start":2965.19,"end":2965.35},{"text":"welcome","start":2965.35,"end":2965.63},{"text":"the","start":2965.63,"end":2965.71},{"text":"G77's","start":2965.71,"end":2966.63},{"text":"proposed","start":2966.63,"end":2966.95},{"text":"language","start":2966.95,"end":2967.31},{"text":"on","start":2967.31,"end":2967.43},{"text":"full","start":2967.43,"end":2967.67},{"text":"policy","start":2967.67,"end":2968.15},{"text":"flexibility","start":2968.15,"end":2968.79},{"text":"for","start":2968.79,"end":2968.95},{"text":"developing","start":2968.95,"end":2969.43},{"text":"countries","start":2969.43,"end":2969.83},{"text":"to","start":2969.83,"end":2969.91},{"text":"determine","start":2969.91,"end":2970.55},{"text":"their","start":2970.79,"end":2971.11},{"text":"trade","start":2971.11,"end":2971.39},{"text":"and","start":2971.39,"end":2971.51},{"text":"investment","start":2971.51,"end":2971.95},{"text":"policies","start":2971.95,"end":2972.39},{"text":"regarding","start":2972.39,"end":2972.83},{"text":"critical","start":2972.83,"end":2973.19},{"text":"minerals.","start":2973.19,"end":2973.67}]},{"text":"Nationally owned and controlled production, refining, and processing are necessary to ensure critical minerals are used towards domestic value addition and structural transformation, rather than to benefit corporations based in the global north.","start":2973.99,"end":2985.51,"topics":[{"key":"critical-minerals","label":"Critical Minerals and Commodities","description":"Speakers discussed how countries rich in critical minerals and commodities should capture more value from their resources through local processing, beneficiation, and fair legal frameworks. The goal is to ensure that extraction supports domestic development, structural transformation, and benefits for local communities."},{"key":"value-addition","label":"Value Addition and Industrialization","description":"A major theme was the need for developing countries to move beyond exporting raw materials and low-value goods. Speakers emphasized industrialization, diversification, manufacturing, and deeper participation in regional and global value chains to create jobs and reduce vulnerability to commodity shocks."}],"words":[{"text":"Nationally","start":2973.99,"end":2974.55},{"text":"owned","start":2974.55,"end":2974.75},{"text":"and","start":2974.75,"end":2974.87},{"text":"controlled","start":2974.87,"end":2975.27},{"text":"production,","start":2975.27,"end":2975.83},{"text":"refining,","start":2975.83,"end":2976.31},{"text":"and","start":2976.31,"end":2976.43},{"text":"processing","start":2976.43,"end":2977.03},{"text":"are","start":2977.03,"end":2977.19},{"text":"necessary","start":2977.19,"end":2977.75},{"text":"to","start":2977.75,"end":2977.87},{"text":"ensure","start":2977.87,"end":2978.23},{"text":"critical","start":2978.23,"end":2978.55},{"text":"minerals","start":2978.55,"end":2978.91},{"text":"are","start":2978.91,"end":2979.03},{"text":"used","start":2979.03,"end":2979.39},{"text":"towards","start":2979.59,"end":2979.87},{"text":"domestic","start":2979.87,"end":2980.31},{"text":"value","start":2980.31,"end":2980.59},{"text":"addition","start":2980.59,"end":2981.03},{"text":"and","start":2981.03,"end":2981.19},{"text":"structural","start":2981.19,"end":2981.67},{"text":"transformation,","start":2981.67,"end":2982.51},{"text":"rather","start":2982.79,"end":2983.11},{"text":"than","start":2983.11,"end":2983.27},{"text":"to","start":2983.27,"end":2983.35},{"text":"benefit","start":2983.35,"end":2983.75},{"text":"corporations","start":2983.75,"end":2984.39},{"text":"based","start":2984.39,"end":2984.63},{"text":"in","start":2984.63,"end":2984.75},{"text":"the","start":2984.75,"end":2984.83},{"text":"global","start":2984.83,"end":2985.11},{"text":"north.","start":2985.11,"end":2985.51}]},{"text":"To restore the role of trade as an engine of development and emphasis on policy space for developing countries must cut across every issue.","start":2985.91,"end":2992.15,"topics":[{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."},{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"To","start":2985.91,"end":2985.99},{"text":"restore","start":2985.99,"end":2986.39},{"text":"the","start":2986.39,"end":2986.47},{"text":"role","start":2986.47,"end":2986.71},{"text":"of","start":2986.71,"end":2986.79},{"text":"trade","start":2986.79,"end":2987.15},{"text":"as","start":2987.15,"end":2987.27},{"text":"an","start":2987.27,"end":2987.35},{"text":"engine","start":2987.35,"end":2987.59},{"text":"of","start":2987.59,"end":2987.67},{"text":"development","start":2987.67,"end":2988.23},{"text":"and","start":2988.23,"end":2988.35},{"text":"emphasis","start":2988.35,"end":2988.79},{"text":"on","start":2988.79,"end":2988.87},{"text":"policy","start":2988.87,"end":2989.31},{"text":"space","start":2989.31,"end":2989.59},{"text":"for","start":2989.59,"end":2989.71},{"text":"developing","start":2989.71,"end":2990.15},{"text":"countries","start":2990.15,"end":2990.55},{"text":"must","start":2990.55,"end":2990.79},{"text":"cut","start":2990.79,"end":2990.91},{"text":"across","start":2990.91,"end":2991.19},{"text":"every","start":2991.27,"end":2991.59},{"text":"issue.","start":2991.59,"end":2992.15}]},{"text":"This is at the core of trade justice in FFD4 and beyond.","start":2992.39,"end":2995.47,"topics":[],"words":[{"text":"This","start":2992.39,"end":2992.51},{"text":"is","start":2992.51,"end":2992.63},{"text":"at","start":2992.63,"end":2992.71},{"text":"the","start":2992.71,"end":2992.79},{"text":"core","start":2992.79,"end":2993.11},{"text":"of","start":2993.11,"end":2993.19},{"text":"trade","start":2993.19,"end":2993.43},{"text":"justice","start":2993.43,"end":2993.99},{"text":"in","start":2993.99,"end":2994.07},{"text":"FFD4","start":2994.07,"end":2994.83},{"text":"and","start":2994.83,"end":2994.99},{"text":"beyond.","start":2994.99,"end":2995.47}]},{"text":"I thank you.","start":2995.47,"end":2996.07,"topics":[],"words":[{"text":"I","start":2995.47,"end":2995.59},{"text":"thank","start":2995.59,"end":2995.91},{"text":"you.","start":2995.91,"end":2996.07}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Representative"}},{"statement_number":36,"start":2999.43,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=3000","paragraphs":[{"sentences":[{"text":"I thank the distinguished representative from Regions Refocused and Society for International Development.","start":2999.43,"end":3004.95,"topics":[],"words":[{"text":"I","start":2999.43,"end":2999.67},{"text":"thank","start":2999.67,"end":2999.95},{"text":"the","start":2999.95,"end":3000.07},{"text":"distinguished","start":3000.07,"end":3000.63},{"text":"representative","start":3000.63,"end":3001.31},{"text":"from","start":3001.31,"end":3001.67},{"text":"Regions","start":3001.83,"end":3002.39},{"text":"Refocused","start":3002.39,"end":3002.99},{"text":"and","start":3002.99,"end":3003.15},{"text":"Society","start":3003.15,"end":3003.67},{"text":"for","start":3003.67,"end":3003.83},{"text":"International","start":3003.83,"end":3004.35},{"text":"Development.","start":3004.35,"end":3004.95}]},{"text":"Now I give the floor to the distinguished representative from International Chamber of Commerce.","start":3005.43,"end":3009.67,"topics":[],"words":[{"text":"Now","start":3005.43,"end":3005.67},{"text":"I","start":3005.67,"end":3005.83},{"text":"give","start":3005.83,"end":3006.07},{"text":"the","start":3006.07,"end":3006.15},{"text":"floor","start":3006.15,"end":3006.47},{"text":"to","start":3006.47,"end":3006.63},{"text":"the","start":3006.63,"end":3006.75},{"text":"distinguished","start":3006.75,"end":3007.27},{"text":"representative","start":3007.27,"end":3007.87},{"text":"from","start":3007.87,"end":3008.15},{"text":"International","start":3008.15,"end":3008.71},{"text":"Chamber","start":3008.71,"end":3009.03},{"text":"of","start":3009.03,"end":3009.11},{"text":"Commerce.","start":3009.11,"end":3009.67}]}]}],"speaker":{"name":"Causell","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":37,"start":3012.95,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=3013","paragraphs":[{"sentences":[{"text":"Thank you, Mr. Chair, distinguished co-facilitators, excellencies, trade and trade finance are fundamental to sustainable development, to drive inclusive growth, reduce poverty, and enable climate action.","start":3012.95,"end":3023.43,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"Thank","start":3012.95,"end":3013.15},{"text":"you,","start":3013.15,"end":3013.23},{"text":"Mr.","start":3013.23,"end":3013.51},{"text":"Chair,","start":3013.51,"end":3013.83},{"text":"distinguished","start":3013.83,"end":3014.39},{"text":"co-facilitators,","start":3014.39,"end":3015.35},{"text":"excellencies,","start":3015.35,"end":3016.23},{"text":"trade","start":3016.55,"end":3016.87},{"text":"and","start":3016.87,"end":3016.99},{"text":"trade","start":3016.99,"end":3017.19},{"text":"finance","start":3017.19,"end":3017.71},{"text":"are","start":3017.71,"end":3017.83},{"text":"fundamental","start":3017.83,"end":3018.55},{"text":"to","start":3018.55,"end":3018.67},{"text":"sustainable","start":3018.67,"end":3019.23},{"text":"development,","start":3019.23,"end":3019.95},{"text":"to","start":3019.95,"end":3020.03},{"text":"drive","start":3020.07,"end":3020.31},{"text":"inclusive","start":3020.31,"end":3020.79},{"text":"growth,","start":3020.79,"end":3021.11},{"text":"reduce","start":3021.19,"end":3021.59},{"text":"poverty,","start":3021.59,"end":3022.15},{"text":"and","start":3022.15,"end":3022.27},{"text":"enable","start":3022.27,"end":3022.63},{"text":"climate","start":3022.63,"end":3022.95},{"text":"action.","start":3022.95,"end":3023.43}]},{"text":"The International Chamber of Commerce welcomes the strong emphasis in the FFD process on open, fair markets and a rule-based international trading system.","start":3023.91,"end":3032.71,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"The","start":3023.91,"end":3024.03},{"text":"International","start":3024.03,"end":3024.55},{"text":"Chamber","start":3024.55,"end":3024.87},{"text":"of","start":3024.87,"end":3024.95},{"text":"Commerce","start":3024.95,"end":3025.43},{"text":"welcomes","start":3025.43,"end":3025.99},{"text":"the","start":3025.99,"end":3026.11},{"text":"strong","start":3026.11,"end":3026.47},{"text":"emphasis","start":3026.47,"end":3026.91},{"text":"in","start":3026.91,"end":3027.11},{"text":"the","start":3027.43,"end":3027.55},{"text":"FFD","start":3027.59,"end":3028.07},{"text":"process","start":3028.07,"end":3028.71},{"text":"on","start":3029.03,"end":3029.19},{"text":"open,","start":3029.19,"end":3029.75},{"text":"fair","start":3029.75,"end":3030.07},{"text":"markets","start":3030.07,"end":3030.55},{"text":"and","start":3030.55,"end":3030.67},{"text":"a","start":3030.67,"end":3030.71},{"text":"rule-based","start":3030.71,"end":3031.27},{"text":"international","start":3031.27,"end":3031.91},{"text":"trading","start":3031.91,"end":3032.23},{"text":"system.","start":3032.23,"end":3032.71}]},{"text":"For businesses worldwide, what matters most is predictability, certainty, and transparency, especially when making long-term investment decisions in support of development and sustainability.","start":3033.67,"end":3043.03,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"For","start":3033.67,"end":3033.75},{"text":"businesses","start":3033.75,"end":3034.23},{"text":"worldwide,","start":3034.23,"end":3034.75},{"text":"what","start":3034.75,"end":3034.95},{"text":"matters","start":3034.95,"end":3035.27},{"text":"most","start":3035.27,"end":3035.59},{"text":"is","start":3035.59,"end":3035.75},{"text":"predictability,","start":3035.75,"end":3036.55},{"text":"certainty,","start":3036.55,"end":3037.11},{"text":"and","start":3037.11,"end":3037.23},{"text":"transparency,","start":3037.23,"end":3037.99},{"text":"especially","start":3038.15,"end":3038.75},{"text":"when","start":3038.75,"end":3038.95},{"text":"making","start":3038.95,"end":3039.23},{"text":"long-term","start":3039.23,"end":3039.67},{"text":"investment","start":3039.67,"end":3040.15},{"text":"decisions","start":3040.15,"end":3040.71},{"text":"in","start":3040.71,"end":3040.87},{"text":"support","start":3040.87,"end":3041.27},{"text":"of","start":3041.27,"end":3041.39},{"text":"development","start":3041.39,"end":3042.07},{"text":"and","start":3042.07,"end":3042.19},{"text":"sustainability.","start":3042.19,"end":3043.03}]},{"text":"Effective dispute resolution is essential to that end.","start":3043.75,"end":3046.23,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."}],"words":[{"text":"Effective","start":3043.75,"end":3044.23},{"text":"dispute","start":3044.23,"end":3044.55},{"text":"resolution","start":3044.55,"end":3045.03},{"text":"is","start":3045.03,"end":3045.15},{"text":"essential","start":3045.15,"end":3045.63},{"text":"to","start":3045.63,"end":3045.75},{"text":"that","start":3045.75,"end":3045.99},{"text":"end.","start":3045.99,"end":3046.23}]},{"text":"We support a form of investor state dispute settlement to a multilateral approach while also promoting arbitration mechanism like those developed under ICC, ICCID, and UNCITRAL, including support for local arbitration capacity building.","start":3046.63,"end":3058.47,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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we now begin the discussion on mobilizing private finance.","start":4128.61,"end":4132.45,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."}],"words":[{"text":"So","start":4128.61,"end":4128.81},{"text":"we","start":4128.81,"end":4128.89},{"text":"now","start":4128.89,"end":4129.09},{"text":"begin","start":4129.09,"end":4129.41},{"text":"the","start":4129.41,"end":4129.49},{"text":"discussion","start":4129.49,"end":4130.01},{"text":"on","start":4130.01,"end":4130.13},{"text":"mobilizing","start":4130.13,"end":4130.85},{"text":"private","start":4130.85,"end":4131.49},{"text":"finance.","start":4131.89,"end":4132.45}]},{"text":"I'm pleased to welcome our distinguished presenters for this discussion.","start":4133.77,"end":4139.29,"topics":[],"words":[{"text":"I'm","start":4133.77,"end":4133.97},{"text":"pleased","start":4133.97,"end":4134.21},{"text":"to","start":4134.21,"end":4134.29},{"text":"welcome","start":4134.29,"end":4134.65},{"text":"our","start":4134.65,"end":4134.77},{"text":"distinguished","start":4134.77,"end":4135.37},{"text":"presenters","start":4135.85,"end":4136.65},{"text":"for","start":4137.45,"end":4137.65},{"text":"this","start":4137.65,"end":4138.25},{"text":"discussion.","start":4138.57,"end":4139.29}]},{"text":"Really on behalf of my co-facilitator, Ambassador Merete, who will be here soon, it is my pleasure to moderate this panel discussion on mobilizing private finance.","start":4140.01,"end":4150.97,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."}],"words":[{"text":"Really","start":4140.01,"end":4140.25},{"text":"on","start":4140.25,"end":4140.41},{"text":"behalf","start":4140.41,"end":4140.69},{"text":"of","start":4140.69,"end":4140.81},{"text":"my","start":4140.81,"end":4140.89},{"text":"co-facilitator,","start":4140.89,"end":4141.85},{"text":"Ambassador","start":4143.33,"end":4144.01},{"text":"Merete,","start":4144.01,"end":4144.57},{"text":"who","start":4144.77,"end":4144.85},{"text":"will","start":4144.85,"end":4144.97},{"text":"be","start":4144.97,"end":4145.09},{"text":"here","start":4145.09,"end":4145.21},{"text":"soon,","start":4145.21,"end":4145.53},{"text":"it","start":4146.25,"end":4146.33},{"text":"is","start":4146.33,"end":4146.41},{"text":"my","start":4146.41,"end":4146.49},{"text":"pleasure","start":4146.49,"end":4146.81},{"text":"to","start":4146.81,"end":4146.93},{"text":"moderate","start":4146.93,"end":4147.29},{"text":"this","start":4147.29,"end":4147.61},{"text":"panel","start":4147.61,"end":4147.85},{"text":"discussion","start":4147.85,"end":4148.49},{"text":"on","start":4148.49,"end":4148.57},{"text":"mobilizing","start":4148.57,"end":4149.09},{"text":"private","start":4149.09,"end":4149.69},{"text":"finance.","start":4150.33,"end":4150.97}]},{"text":"Private business activity, investments, and innovation have acted as significant drivers of sustainable development since the adoption of the Addis Agenda.","start":4151.69,"end":4160.01,"topics":[],"words":[{"text":"Private","start":4151.69,"end":4152.09},{"text":"business","start":4152.09,"end":4152.41},{"text":"activity,","start":4152.41,"end":4153.05},{"text":"investments,","start":4153.05,"end":4153.85},{"text":"and","start":4153.85,"end":4154.05},{"text":"innovation","start":4154.09,"end":4154.89},{"text":"have","start":4154.89,"end":4155.13},{"text":"acted","start":4155.13,"end":4155.61},{"text":"as","start":4155.61,"end":4155.73},{"text":"significant","start":4155.73,"end":4156.37},{"text":"drivers","start":4156.37,"end":4156.89},{"text":"of","start":4156.89,"end":4157.05},{"text":"sustainable","start":4157.05,"end":4157.57},{"text":"development","start":4157.57,"end":4158.17},{"text":"since","start":4158.17,"end":4158.49},{"text":"the","start":4158.49,"end":4158.61},{"text":"adoption","start":4158.61,"end":4159.05},{"text":"of","start":4159.05,"end":4159.13},{"text":"the","start":4159.13,"end":4159.25},{"text":"Addis","start":4159.29,"end":4159.57},{"text":"Agenda.","start":4159.57,"end":4160.01}]},{"text":"Nevertheless, global investment growth has decelerated in recent years.","start":4161.61,"end":4165.93,"topics":[],"words":[{"text":"Nevertheless,","start":4161.61,"end":4162.49},{"text":"global","start":4162.57,"end":4162.97},{"text":"investment","start":4162.97,"end":4163.65},{"text":"growth","start":4163.65,"end":4163.93},{"text":"has","start":4163.93,"end":4164.17},{"text":"decelerated","start":4164.49,"end":4165.21},{"text":"in","start":4165.21,"end":4165.33},{"text":"recent","start":4165.33,"end":4165.65},{"text":"years.","start":4165.65,"end":4165.93}]},{"text":"Despite increased attention to innovative finance instruments such as blended finance and the growing adoption of sustainable finance, sustainable business and finance legislation, investment in sustainable development has fallen short of expectations.","start":4166.73,"end":4181.21,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."},{"key":"sustainable-finance-regulation","label":"Sustainable Finance Regulation","description":"Delegations and experts emphasized the need for predictable regulatory frameworks, sustainability disclosures, taxonomies, and governance standards that can guide private investment toward the SDGs. The discussion also stressed that such frameworks should be nationally driven while remaining coherent enough for cross-border investment."}],"words":[{"text":"Despite","start":4166.73,"end":4167.21},{"text":"increased","start":4167.21,"end":4167.53},{"text":"attention","start":4167.53,"end":4167.93},{"text":"to","start":4167.93,"end":4168.09},{"text":"innovative","start":4168.09,"end":4168.57},{"text":"finance","start":4168.57,"end":4169.29},{"text":"instruments","start":4169.53,"end":4170.41},{"text":"such","start":4170.41,"end":4170.61},{"text":"as","start":4170.61,"end":4170.89},{"text":"blended","start":4170.97,"end":4171.37},{"text":"finance","start":4171.37,"end":4171.93},{"text":"and","start":4171.93,"end":4172.13},{"text":"the","start":4172.13,"end":4172.21},{"text":"growing","start":4172.21,"end":4172.53},{"text":"adoption","start":4172.53,"end":4173.01},{"text":"of","start":4173.01,"end":4173.13},{"text":"sustainable","start":4173.13,"end":4173.61},{"text":"finance,","start":4173.61,"end":4174.09},{"text":"sustainable","start":4174.17,"end":4174.73},{"text":"business","start":4174.73,"end":4175.13},{"text":"and","start":4175.21,"end":4175.45},{"text":"finance","start":4175.45,"end":4175.85},{"text":"legislation,","start":4175.85,"end":4176.49},{"text":"investment","start":4177.29,"end":4177.93},{"text":"in","start":4177.93,"end":4178.05},{"text":"sustainable","start":4178.05,"end":4178.57},{"text":"development","start":4178.57,"end":4179.21},{"text":"has","start":4179.21,"end":4179.45},{"text":"fallen","start":4179.45,"end":4179.77},{"text":"short","start":4179.77,"end":4180.09},{"text":"of","start":4180.09,"end":4180.21},{"text":"expectations.","start":4180.21,"end":4181.21}]},{"text":"Now, our companies and investors adequately prioritize sustainable development.","start":4181.69,"end":4185.61,"topics":[],"words":[{"text":"Now,","start":4181.69,"end":4181.89},{"text":"our","start":4181.89,"end":4182.01},{"text":"companies","start":4182.01,"end":4182.57},{"text":"and","start":4182.61,"end":4182.73},{"text":"investors","start":4182.73,"end":4183.29},{"text":"adequately","start":4183.33,"end":4183.85},{"text":"prioritize","start":4183.85,"end":4184.49},{"text":"sustainable","start":4184.49,"end":4184.97},{"text":"development.","start":4184.97,"end":4185.61}]},{"text":"The first draft of the outcome document commits to actions to address key barriers, and these include underdeveloped financial and capital markets in many developing countries, insufficient access to concessional and affordable finance, particularly for women, marginalized groups, and micro, small, and medium-sized enterprises, as well as the continued misalignment between short-term financial incentives and long-term sustainable development impact.","start":4188.17,"end":4215.65,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."},{"key":"msme-finance","label":"MSME Access to Finance","description":"Access to affordable finance for micro, small, and medium-sized enterprises was a recurring priority, especially for women-, youth-, and rural-led businesses. Proposals included credit guarantees, support for local fund managers and banks, and better financial products tailored to smaller firms."}],"words":[{"text":"The","start":4188.17,"end":4188.21},{"text":"first","start":4188.21,"end":4188.53},{"text":"draft","start":4188.53,"end":4188.85},{"text":"of","start":4188.85,"end":4188.93},{"text":"the","start":4188.93,"end":4189.01},{"text":"outcome","start":4189.01,"end":4189.25},{"text":"document","start":4189.25,"end":4189.81},{"text":"commits","start":4189.81,"end":4190.21},{"text":"to","start":4190.21,"end":4190.45},{"text":"actions","start":4190.45,"end":4190.85},{"text":"to","start":4190.85,"end":4190.93},{"text":"address","start":4190.93,"end":4191.25},{"text":"key","start":4191.25,"end":4191.49},{"text":"barriers,","start":4191.49,"end":4192.05},{"text":"and","start":4192.09,"end":4192.25},{"text":"these","start":4192.25,"end":4192.45},{"text":"include","start":4192.45,"end":4192.93},{"text":"underdeveloped","start":4193.17,"end":4193.81},{"text":"financial","start":4193.81,"end":4194.45},{"text":"and","start":4195.21,"end":4195.33},{"text":"capital","start":4195.33,"end":4195.69},{"text":"markets","start":4195.69,"end":4196.05},{"text":"in","start":4196.05,"end":4196.13},{"text":"many","start":4196.13,"end":4196.29},{"text":"developing","start":4196.29,"end":4196.77},{"text":"countries,","start":4196.77,"end":4197.25},{"text":"insufficient","start":4198.21,"end":4199.01},{"text":"access","start":4199.01,"end":4199.41},{"text":"to","start":4199.41,"end":4199.57},{"text":"concessional","start":4199.57,"end":4200.25},{"text":"and","start":4200.25,"end":4200.41},{"text":"affordable","start":4200.41,"end":4200.93},{"text":"finance,","start":4200.93,"end":4201.57},{"text":"particularly","start":4202.13,"end":4202.69},{"text":"for","start":4202.69,"end":4202.85},{"text":"women,","start":4202.85,"end":4203.33},{"text":"marginalized","start":4203.73,"end":4204.41},{"text":"groups,","start":4204.41,"end":4204.93},{"text":"and","start":4205.45,"end":4205.73},{"text":"micro,","start":4205.73,"end":4206.37},{"text":"small,","start":4206.45,"end":4206.89},{"text":"and","start":4206.89,"end":4207.01},{"text":"medium-sized","start":4207.01,"end":4207.73},{"text":"enterprises,","start":4207.73,"end":4208.37},{"text":"as","start":4209.17,"end":4209.33},{"text":"well","start":4209.33,"end":4209.49},{"text":"as","start":4209.49,"end":4209.57},{"text":"the","start":4209.57,"end":4209.69},{"text":"continued","start":4209.69,"end":4210.29},{"text":"misalignment","start":4210.29,"end":4210.93},{"text":"between","start":4210.93,"end":4211.33},{"text":"short-term","start":4211.33,"end":4211.77},{"text":"financial","start":4211.77,"end":4212.25},{"text":"incentives","start":4212.25,"end":4212.93},{"text":"and","start":4213.33,"end":4213.45},{"text":"long-term","start":4213.45,"end":4213.97},{"text":"sustainable","start":4213.97,"end":4214.53},{"text":"development","start":4214.53,"end":4215.09},{"text":"impact.","start":4215.09,"end":4215.65}]},{"text":"Actions include enhanced capacity support and adoption of policy frameworks and incentives for sustainable private investment at national and global levels.","start":4216.85,"end":4227.09,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."},{"key":"sustainable-finance-regulation","label":"Sustainable Finance Regulation","description":"Delegations and experts emphasized the need for predictable regulatory frameworks, sustainability disclosures, taxonomies, and governance standards that can guide private investment toward the SDGs. The discussion also stressed that such frameworks should be nationally driven while remaining coherent enough for cross-border investment."}],"words":[{"text":"Actions","start":4216.85,"end":4217.25},{"text":"include","start":4217.25,"end":4217.73},{"text":"enhanced","start":4218.29,"end":4218.77},{"text":"capacity","start":4218.77,"end":4219.25},{"text":"support","start":4219.25,"end":4219.81},{"text":"and","start":4220.37,"end":4220.57},{"text":"adoption","start":4220.57,"end":4221.01},{"text":"of","start":4221.01,"end":4221.17},{"text":"policy","start":4221.17,"end":4221.49},{"text":"frameworks","start":4221.49,"end":4222.05},{"text":"and","start":4222.09,"end":4222.21},{"text":"incentives","start":4222.21,"end":4222.73},{"text":"for","start":4222.73,"end":4223.01},{"text":"sustainable","start":4223.01,"end":4224.13},{"text":"private","start":4224.13,"end":4224.53},{"text":"investment","start":4224.53,"end":4225.09},{"text":"at","start":4225.49,"end":4225.65},{"text":"national","start":4225.65,"end":4226.17},{"text":"and","start":4226.17,"end":4226.37},{"text":"global","start":4226.37,"end":4226.69},{"text":"levels.","start":4226.69,"end":4227.09}]},{"text":"Panelists in this section are invited to pay particular attention in their interventions on the proposals on SME and local currency financing on private capital mobilization for sustainable development impact and standardization of relevant instruments and on the business case for sustainable business and finance and relevant regulations.","start":4228.53,"end":4250.29,"topics":[{"key":"msme-finance","label":"MSME Access to Finance","description":"Access to affordable finance for micro, small, and medium-sized enterprises was a recurring priority, especially for women-, youth-, and rural-led businesses. Proposals included credit guarantees, support for local fund managers and banks, and better financial products tailored to smaller firms."},{"key":"local-currency-lending","label":"Local Currency Lending","description":"Multiple speakers highlighted the importance of expanding local currency lending and strengthening domestic capital markets. This was seen as a way to reduce exchange-rate risk, lower vulnerability to external shocks, and support more stable long-term investment in developing countries."},{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."},{"key":"sustainable-finance-regulation","label":"Sustainable Finance Regulation","description":"Delegations and experts emphasized the need for predictable regulatory frameworks, sustainability disclosures, taxonomies, and governance standards that can guide private investment toward the SDGs. The discussion also stressed that such frameworks should be nationally driven while remaining coherent enough for cross-border investment."}],"words":[{"text":"Panelists","start":4228.53,"end":4229.01},{"text":"in","start":4229.01,"end":4229.09},{"text":"this","start":4229.09,"end":4229.37},{"text":"section","start":4229.37,"end":4229.89},{"text":"are","start":4229.89,"end":4229.97},{"text":"invited","start":4229.97,"end":4230.45},{"text":"to","start":4230.45,"end":4230.57},{"text":"pay","start":4230.57,"end":4230.77},{"text":"particular","start":4230.77,"end":4231.25},{"text":"attention","start":4231.25,"end":4231.73},{"text":"in","start":4231.73,"end":4231.89},{"text":"their","start":4231.89,"end":4232.09},{"text":"interventions","start":4232.09,"end":4232.85},{"text":"on","start":4232.85,"end":4232.93},{"text":"the","start":4232.93,"end":4233.09},{"text":"proposals","start":4233.09,"end":4233.73},{"text":"on","start":4233.73,"end":4233.89},{"text":"SME","start":4233.89,"end":4234.53},{"text":"and","start":4235.25,"end":4235.57},{"text":"local","start":4235.57,"end":4235.89},{"text":"currency","start":4235.89,"end":4236.29},{"text":"financing","start":4236.29,"end":4236.93},{"text":"on","start":4237.29,"end":4237.41},{"text":"private","start":4237.41,"end":4237.77},{"text":"capital","start":4237.77,"end":4238.17},{"text":"mobilization","start":4238.17,"end":4238.85},{"text":"for","start":4238.85,"end":4238.97},{"text":"sustainable","start":4238.97,"end":4239.57},{"text":"development","start":4239.57,"end":4240.05},{"text":"impact","start":4240.05,"end":4240.69},{"text":"and","start":4241.17,"end":4241.37},{"text":"standardization","start":4241.37,"end":4242.21},{"text":"of","start":4242.21,"end":4242.45},{"text":"relevant","start":4242.69,"end":4243.25},{"text":"instruments","start":4243.25,"end":4243.97},{"text":"and","start":4244.85,"end":4245.01},{"text":"on","start":4245.01,"end":4245.17},{"text":"the","start":4245.17,"end":4245.25},{"text":"business","start":4245.25,"end":4245.65},{"text":"case","start":4245.65,"end":4246.13},{"text":"for","start":4246.21,"end":4246.53},{"text":"sustainable","start":4246.53,"end":4247.25},{"text":"business","start":4247.49,"end":4247.97},{"text":"and","start":4247.97,"end":4248.13},{"text":"finance","start":4248.13,"end":4248.53},{"text":"and","start":4248.57,"end":4248.73},{"text":"relevant","start":4248.73,"end":4249.57},{"text":"regulations.","start":4249.57,"end":4250.29}]},{"text":"I invite the panelists to respond to the following guiding questions.","start":4251.57,"end":4254.53,"topics":[],"words":[{"text":"I","start":4251.57,"end":4251.69},{"text":"invite","start":4251.69,"end":4252.05},{"text":"the","start":4252.05,"end":4252.13},{"text":"panelists","start":4252.13,"end":4252.61},{"text":"to","start":4252.61,"end":4252.69},{"text":"respond","start":4252.69,"end":4253.09},{"text":"to","start":4253.09,"end":4253.21},{"text":"the","start":4253.21,"end":4253.33},{"text":"following","start":4253.33,"end":4253.73},{"text":"guiding","start":4253.73,"end":4254.05},{"text":"questions.","start":4254.05,"end":4254.53}]},{"text":"Firstly, what practical steps can be taken to strengthen domestic financial markets and local economies, including local banks, to support SMEs access to affordable credit, particularly in developing countries?","start":4255.89,"end":4270.45,"topics":[{"key":"msme-finance","label":"MSME Access to Finance","description":"Access to affordable finance for micro, small, and medium-sized enterprises was a recurring priority, especially for women-, youth-, and rural-led businesses. Proposals included credit guarantees, support for local fund managers and banks, and better financial products tailored to smaller firms."}],"words":[{"text":"Firstly,","start":4255.89,"end":4256.53},{"text":"what","start":4257.17,"end":4257.41},{"text":"practical","start":4257.41,"end":4257.89},{"text":"steps","start":4257.89,"end":4258.29},{"text":"can","start":4258.29,"end":4258.41},{"text":"be","start":4258.41,"end":4258.53},{"text":"taken","start":4258.53,"end":4258.93},{"text":"to","start":4258.93,"end":4259.17},{"text":"strengthen","start":4259.17,"end":4259.73},{"text":"domestic","start":4259.73,"end":4260.21},{"text":"financial","start":4260.21,"end":4260.73},{"text":"markets","start":4260.73,"end":4261.05},{"text":"and","start":4261.05,"end":4261.17},{"text":"local","start":4261.17,"end":4261.37},{"text":"economies,","start":4261.37,"end":4261.97},{"text":"including","start":4262.69,"end":4263.17},{"text":"local","start":4263.17,"end":4263.45},{"text":"banks,","start":4263.45,"end":4264.05},{"text":"to","start":4264.21,"end":4264.69},{"text":"support","start":4264.85,"end":4265.57},{"text":"SMEs","start":4266.29,"end":4267.09},{"text":"access","start":4267.09,"end":4267.49},{"text":"to","start":4267.49,"end":4267.61},{"text":"affordable","start":4267.65,"end":4268.21},{"text":"credit,","start":4268.21,"end":4268.77},{"text":"particularly","start":4269.09,"end":4269.61},{"text":"in","start":4269.61,"end":4269.69},{"text":"developing","start":4269.69,"end":4270.09},{"text":"countries?","start":4270.09,"end":4270.45}]},{"text":"That's action 27G.","start":4270.45,"end":4272.77,"topics":[],"words":[{"text":"That's","start":4270.45,"end":4270.77},{"text":"action","start":4271.17,"end":4271.73},{"text":"27G.","start":4271.73,"end":4272.77}]},{"text":"The second question, how can the availability of local currency lending be increased to mobilize additional private capital for sustainable development?","start":4274.81,"end":4284.05,"topics":[{"key":"local-currency-lending","label":"Local Currency Lending","description":"Multiple speakers highlighted the importance of expanding local currency lending and strengthening domestic capital markets. This was seen as a way to reduce exchange-rate risk, lower vulnerability to external shocks, and support more stable long-term investment in developing countries."},{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."}],"words":[{"text":"The","start":4274.81,"end":4274.89},{"text":"second","start":4274.93,"end":4275.25},{"text":"question,","start":4275.25,"end":4275.81},{"text":"how","start":4276.29,"end":4276.53},{"text":"can","start":4276.53,"end":4276.69},{"text":"the","start":4276.69,"end":4276.81},{"text":"availability","start":4276.81,"end":4277.41},{"text":"of","start":4277.65,"end":4277.81},{"text":"local","start":4278.05,"end":4278.53},{"text":"currency","start":4278.53,"end":4279.05},{"text":"lending","start":4279.05,"end":4279.41},{"text":"be","start":4279.41,"end":4279.57},{"text":"increased","start":4279.57,"end":4280.17},{"text":"to","start":4280.17,"end":4280.25},{"text":"mobilize","start":4280.25,"end":4280.77},{"text":"additional","start":4280.77,"end":4281.25},{"text":"private","start":4281.25,"end":4281.65},{"text":"capital","start":4281.65,"end":4282.21},{"text":"for","start":4282.61,"end":4282.77},{"text":"sustainable","start":4282.77,"end":4283.33},{"text":"development?","start":4283.33,"end":4284.05}]},{"text":"And what role should MDBs and FDIs play in scaling these efforts, including improving impact?","start":4284.05,"end":4290.05,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. 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right, Ambassador Marietta is ready.","start":4331.13,"end":4333.53,"topics":[],"words":[{"text":"All","start":4331.13,"end":4331.21},{"text":"right,","start":4331.21,"end":4331.53},{"text":"Ambassador","start":4332.37,"end":4332.77},{"text":"Marietta","start":4332.77,"end":4333.09},{"text":"is","start":4333.09,"end":4333.17},{"text":"ready.","start":4333.17,"end":4333.53}]},{"text":"And so with that, let me hand over to my fellow 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yours.","start":4338.25,"end":4338.89,"topics":[],"words":[{"text":"The","start":4338.25,"end":4338.37},{"text":"floor","start":4338.37,"end":4338.53},{"text":"is","start":4338.53,"end":4338.61},{"text":"yours.","start":4338.61,"end":4338.89}]}]}],"speaker":{"name":"Cholla","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":45,"start":4339.69,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=4340","paragraphs":[{"sentences":[{"text":"Thank you very much, Cholla, and talk about being here in the nick of time.","start":4339.69,"end":4343.29,"topics":[],"words":[{"text":"Thank","start":4339.69,"end":4339.93},{"text":"you","start":4339.93,"end":4340.01},{"text":"very","start":4340.01,"end":4340.25},{"text":"much,","start":4340.25,"end":4340.69},{"text":"Cholla,","start":4340.69,"end":4340.89},{"text":"and","start":4340.97,"end":4341.45},{"text":"talk","start":4341.45,"end":4341.69},{"text":"about","start":4341.69,"end":4342.01},{"text":"being","start":4342.01,"end":4342.33},{"text":"here","start":4342.33,"end":4342.49},{"text":"in","start":4342.49,"end":4342.57},{"text":"the","start":4342.57,"end":4342.69},{"text":"nick","start":4342.69,"end":4342.89},{"text":"of","start":4342.89,"end":4342.97},{"text":"time.","start":4342.97,"end":4343.29}]},{"text":"Well, we shall now hear presentations by our distinguished 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preferably.","start":4348.33,"end":4357.29,"topics":[],"words":[{"text":"And","start":4348.33,"end":4348.73},{"text":"I","start":4348.73,"end":4348.81},{"text":"would","start":4348.81,"end":4349.05},{"text":"kindly","start":4349.05,"end":4349.37},{"text":"remind","start":4349.37,"end":4349.85},{"text":"you","start":4349.85,"end":4350.09},{"text":"to","start":4350.09,"end":4350.37},{"text":"be","start":4350.97,"end":4351.21},{"text":"concise","start":4351.37,"end":4352.17},{"text":"and","start":4352.25,"end":4352.57},{"text":"concrete","start":4352.57,"end":4353.21},{"text":"and","start":4353.69,"end":4354.25},{"text":"speak","start":4354.41,"end":4355.13},{"text":"not","start":4355.13,"end":4355.37},{"text":"longer","start":4355.37,"end":4355.77},{"text":"than","start":4355.77,"end":4355.93},{"text":"four","start":4355.93,"end":4356.17},{"text":"minutes,","start":4356.17,"end":4356.73},{"text":"preferably.","start":4356.73,"end":4357.29}]},{"text":"I do invite you to speak specifically to the first draft of the outcome document and how you want to strengthen the actions for a strong outcome in Seville.","start":4358.77,"end":4370.93,"topics":[],"words":[{"text":"I","start":4358.77,"end":4358.93},{"text":"do","start":4358.93,"end":4359.09},{"text":"invite","start":4359.09,"end":4359.57},{"text":"you","start":4359.57,"end":4359.65},{"text":"to","start":4359.65,"end":4359.85},{"text":"speak","start":4359.85,"end":4360.21},{"text":"specifically","start":4360.21,"end":4361.09},{"text":"to","start":4361.09,"end":4361.29},{"text":"the","start":4361.29,"end":4361.45},{"text":"first","start":4361.45,"end":4362.13},{"text":"draft","start":4362.21,"end":4362.77},{"text":"of","start":4362.77,"end":4362.85},{"text":"the","start":4362.85,"end":4362.97},{"text":"outcome","start":4362.97,"end":4363.33},{"text":"document","start":4363.33,"end":4363.93},{"text":"and","start":4363.93,"end":4364.05},{"text":"how","start":4364.05,"end":4364.29},{"text":"you","start":4364.29,"end":4364.41},{"text":"want","start":4364.41,"end":4364.81},{"text":"to","start":4364.81,"end":4364.89},{"text":"strengthen","start":4364.89,"end":4365.73},{"text":"the","start":4366.77,"end":4366.97},{"text":"actions","start":4366.97,"end":4367.89},{"text":"for","start":4367.89,"end":4368.25},{"text":"a","start":4368.25,"end":4368.29},{"text":"strong","start":4368.29,"end":4368.85},{"text":"outcome","start":4368.85,"end":4369.49},{"text":"in","start":4369.89,"end":4370.21},{"text":"Seville.","start":4370.37,"end":4370.93}]},{"text":"So it's my pleasure to first give the floor to Mr. Ramon Boon from the Ministry of Finance of 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won't go into detail about regulatory systems and political stability, but these are, of course, very important, stability and predictability being perhaps the most important of all.","start":4402.25,"end":4413.29,"topics":[{"key":"sustainable-finance-regulation","label":"Sustainable Finance Regulation","description":"Delegations and experts emphasized the need for predictable regulatory frameworks, sustainability disclosures, taxonomies, and governance standards that can guide private investment toward the SDGs. 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this respect, we believe it is important that multilateral outcomes aligned with country-led development receive continued 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to agree to commitments for long-term strategies on climate, livable planets, and 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a time of declining concessional resources, we must use these funds more strategically and sparingly to catalyse larger flows of private capital to help close critical financing gaps.","start":4695.61,"end":4708.89,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. 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question, it is estimated that domestic capital allocation will make up over half, roughly 60 to 70 percent of the financing needed for the SDGs, with the remaining 30 to 40 percent coming from international 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the provision of domestic capital is therefore key, as it is more stable than international flows, especially in today's environment, avoids currency mismatch risks, and increases public sector buy-in for SDG-related products.","start":5088.97,"end":5102.65,"topics":[{"key":"local-currency-lending","label":"Local Currency Lending","description":"Multiple speakers highlighted the importance of expanding local currency lending and strengthening domestic capital markets. This was seen as a way to reduce exchange-rate risk, lower vulnerability to external shocks, and support more stable long-term investment in developing countries."}],"words":[{"text":"Strengthening","start":5088.97,"end":5089.53},{"text":"the","start":5089.53,"end":5089.61},{"text":"provision","start":5089.61,"end":5090.41},{"text":"of","start":5090.53,"end":5090.65},{"text":"domestic","start":5090.65,"end":5091.05},{"text":"capital","start":5091.05,"end":5091.49},{"text":"is","start":5091.49,"end":5091.61},{"text":"therefore","start":5091.61,"end":5092.01},{"text":"key,","start":5092.01,"end":5092.49},{"text":"as","start":5092.81,"end":5093.05},{"text":"it","start":5093.05,"end":5093.13},{"text":"is","start":5093.13,"end":5093.29},{"text":"more","start":5093.29,"end":5093.45},{"text":"stable","start":5093.45,"end":5093.81},{"text":"than","start":5093.81,"end":5093.93},{"text":"international","start":5093.93,"end":5094.57},{"text":"flows,","start":5094.57,"end":5094.89},{"text":"especially","start":5094.89,"end":5095.53},{"text":"in","start":5096.17,"end":5096.49},{"text":"today's","start":5096.49,"end":5097.01},{"text":"environment,","start":5097.01,"end":5097.49},{"text":"avoids","start":5097.61,"end":5098.01},{"text":"currency","start":5098.01,"end":5098.41},{"text":"mismatch","start":5098.41,"end":5098.89},{"text":"risks,","start":5098.89,"end":5099.37},{"text":"and","start":5099.37,"end":5099.53},{"text":"increases","start":5099.53,"end":5099.93},{"text":"public","start":5099.93,"end":5100.25},{"text":"sector","start":5100.25,"end":5100.57},{"text":"buy-in","start":5100.57,"end":5100.97},{"text":"for","start":5101.29,"end":5101.45},{"text":"SDG-related","start":5101.45,"end":5102.17},{"text":"products.","start":5102.17,"end":5102.65}]},{"text":"Strengthening local capital markets can provide that investment, opening up investment opportunities that align with long term outcomes and free up domestic bank financing to focus on lending to more marginalized communities.","start":5103.41,"end":5114.13,"topics":[{"key":"local-currency-lending","label":"Local Currency Lending","description":"Multiple speakers highlighted the importance of expanding local currency lending and strengthening domestic capital markets. This was seen as a way to reduce exchange-rate risk, lower vulnerability to external shocks, and support more stable long-term investment in developing countries."}],"words":[{"text":"Strengthening","start":5103.41,"end":5103.89},{"text":"local","start":5103.89,"end":5104.21},{"text":"capital","start":5104.21,"end":5104.61},{"text":"markets","start":5104.61,"end":5105.09},{"text":"can","start":5105.25,"end":5105.37},{"text":"provide","start":5105.37,"end":5105.77},{"text":"that","start":5105.77,"end":5105.97},{"text":"investment,","start":5106.05,"end":5106.61},{"text":"opening","start":5106.69,"end":5107.01},{"text":"up","start":5107.01,"end":5107.09},{"text":"investment","start":5107.09,"end":5107.57},{"text":"opportunities","start":5107.57,"end":5108.29},{"text":"that","start":5108.45,"end":5108.61},{"text":"align","start":5108.61,"end":5108.97},{"text":"with","start":5108.97,"end":5109.09},{"text":"long","start":5109.09,"end":5109.33},{"text":"term","start":5109.33,"end":5109.57},{"text":"outcomes","start":5109.57,"end":5110.21},{"text":"and","start":5110.29,"end":5110.49},{"text":"free","start":5110.49,"end":5110.65},{"text":"up","start":5110.65,"end":5110.77},{"text":"domestic","start":5110.77,"end":5111.13},{"text":"bank","start":5111.13,"end":5111.33},{"text":"financing","start":5111.33,"end":5111.89},{"text":"to","start":5111.89,"end":5112.01},{"text":"focus","start":5112.01,"end":5112.33},{"text":"on","start":5112.33,"end":5112.45},{"text":"lending","start":5112.45,"end":5112.77},{"text":"to","start":5112.77,"end":5112.85},{"text":"more","start":5112.85,"end":5112.97},{"text":"marginalized","start":5112.97,"end":5113.57},{"text":"communities.","start":5113.57,"end":5114.13}]},{"text":"A predictable and sound regulatory framework is key.","start":5114.69,"end":5117.41,"topics":[{"key":"sustainable-finance-regulation","label":"Sustainable Finance Regulation","description":"Delegations and experts emphasized the need for predictable regulatory frameworks, sustainability disclosures, taxonomies, and governance standards that can guide private investment toward the SDGs. 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countries."}],"words":[{"text":"In","start":5134.77,"end":5134.93},{"text":"terms","start":5134.93,"end":5135.21},{"text":"of","start":5135.21,"end":5135.29},{"text":"specific","start":5135.29,"end":5135.69},{"text":"measures","start":5135.69,"end":5136.13},{"text":"to","start":5136.13,"end":5136.21},{"text":"grow","start":5136.21,"end":5136.53},{"text":"domestic","start":5136.53,"end":5136.89},{"text":"capital","start":5136.89,"end":5137.25},{"text":"markets,","start":5137.25,"end":5137.81},{"text":"we","start":5138.37,"end":5138.69},{"text":"should","start":5139.01,"end":5139.25},{"text":"encourage","start":5139.25,"end":5139.65},{"text":"the","start":5139.65,"end":5139.73},{"text":"growth","start":5139.73,"end":5140.05},{"text":"and","start":5140.21,"end":5140.37},{"text":"involvement","start":5140.37,"end":5140.97},{"text":"of","start":5140.97,"end":5141.09},{"text":"domestic","start":5141.09,"end":5141.57},{"text":"institutional","start":5141.57,"end":5142.49},{"text":"investors","start":5142.49,"end":5142.97},{"text":"such","start":5142.97,"end":5143.21},{"text":"as","start":5143.21,"end":5143.29},{"text":"pension","start":5143.29,"end":5143.65},{"text":"funds,","start":5143.65,"end":5144.05},{"text":"insurance","start":5144.21,"end":5144.69},{"text":"companies","start":5144.69,"end":5145.25},{"text":"to","start":5145.25,"end":5145.33},{"text":"provide","start":5145.53,"end":5145.89},{"text":"long-term","start":5145.89,"end":5146.37},{"text":"capital","start":5146.37,"end":5146.85},{"text":"for","start":5146.85,"end":5147.01},{"text":"sustainable","start":5147.01,"end":5147.45},{"text":"development","start":5147.45,"end":5147.93},{"text":"projects.","start":5147.93,"end":5148.53}]},{"text":"An example of a successful implementation of this is Colombia, which in the 90s instituted pension system reform, shifting from a pay-as-you-go system to a mandatory savings 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today pension funds manage over 25% of GDP and assets and are active participants in financing and local infrastructure and renewable energy projects.","start":5159.53,"end":5169.37,"topics":[],"words":[{"text":"And","start":5159.53,"end":5159.65},{"text":"today","start":5159.65,"end":5159.93},{"text":"pension","start":5159.93,"end":5160.25},{"text":"funds","start":5160.25,"end":5160.49},{"text":"manage","start":5160.49,"end":5160.97},{"text":"over","start":5160.97,"end":5161.81},{"text":"25%","start":5162.29,"end":5162.33},{"text":"of","start":5162.37,"end":5162.65},{"text":"GDP","start":5163.05,"end":5163.57},{"text":"and","start":5163.57,"end":5163.73},{"text":"assets","start":5163.73,"end":5164.13},{"text":"and","start":5164.13,"end":5164.25},{"text":"are","start":5164.25,"end":5164.33},{"text":"active","start":5164.33,"end":5164.65},{"text":"participants","start":5164.65,"end":5165.29},{"text":"in","start":5165.29,"end":5165.45},{"text":"financing","start":5165.45,"end":5165.97},{"text":"and","start":5165.97,"end":5166.09},{"text":"local","start":5166.09,"end":5166.49},{"text":"infrastructure","start":5167.13,"end":5167.93},{"text":"and","start":5168.09,"end":5168.21},{"text":"renewable","start":5168.21,"end":5168.53},{"text":"energy","start":5168.53,"end":5168.81},{"text":"projects.","start":5168.81,"end":5169.37}]},{"text":"In terms of specific recommendations to expand affordable credit for MSMEs, I would make three.","start":5170.25,"end":5175.29,"topics":[{"key":"msme-finance","label":"MSME Access to Finance","description":"Access to affordable finance for micro, small, and medium-sized enterprises was a recurring priority, especially for women-, youth-, and rural-led businesses. 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Proposals included credit guarantees, support for local fund managers and banks, and better financial products tailored to smaller firms."}],"words":[{"text":"One,","start":5175.61,"end":5176.09},{"text":"to","start":5176.57,"end":5176.65},{"text":"deepen","start":5176.65,"end":5177.13},{"text":"credit","start":5177.13,"end":5177.45},{"text":"infrastructure.","start":5177.45,"end":5178.17}]},{"text":"through measures like collateral registries or the use of digital lenders, mobile banking platforms and fintechs, two, providing targeted credit guarantees, and three, addressing regulatory issues around onboarding.","start":5178.85,"end":5190.05,"topics":[{"key":"msme-finance","label":"MSME Access to Finance","description":"Access to affordable finance for micro, small, and medium-sized enterprises was a recurring priority, especially for women-, youth-, and rural-led businesses. 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again, thank you for the opportunity to speak, and we look forward to partnering with the member states represented here in both FFD4 and the International Business Forum in Seville in 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providing more in technical assistance and capacity building.","start":6321.89,"end":6326.53,"topics":[],"words":[{"text":"Also,","start":6321.89,"end":6322.53},{"text":"providing","start":6322.77,"end":6323.41},{"text":"more","start":6323.41,"end":6323.81},{"text":"in","start":6323.81,"end":6324.05},{"text":"technical","start":6324.05,"end":6324.53},{"text":"assistance","start":6324.53,"end":6325.25},{"text":"and","start":6325.29,"end":6325.41},{"text":"capacity","start":6325.41,"end":6325.97},{"text":"building.","start":6325.97,"end":6326.53}]},{"text":"In this context, I would like to mention a very successful project implemented by the government of Greece, which promotes public, private, and finance utilizing local resources, the so-called Greco Island 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Greece, we have approximately 2,000 islands, and we tried to implement this program starting with a limited number of islands, and up to now it has been quite 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green and energy autonomy and digital innovation in order to promote tourism and complete decarbonization.","start":6360.65,"end":6373.77,"topics":[],"words":[{"text":"Implementing","start":6360.65,"end":6361.37},{"text":"green","start":6361.37,"end":6361.93},{"text":"and","start":6362.81,"end":6363.13},{"text":"energy","start":6363.13,"end":6363.69},{"text":"autonomy","start":6363.69,"end":6364.49},{"text":"and","start":6364.81,"end":6365.01},{"text":"digital","start":6365.01,"end":6365.61},{"text":"innovation","start":6365.61,"end":6366.49},{"text":"in","start":6366.73,"end":6366.89},{"text":"order","start":6366.89,"end":6367.13},{"text":"to","start":6367.13,"end":6367.25},{"text":"promote","start":6367.25,"end":6368.09},{"text":"tourism","start":6368.33,"end":6369.05},{"text":"and","start":6369.45,"end":6369.61},{"text":"complete","start":6369.61,"end":6370.97},{"text":"decarbonization.","start":6371.13,"end":6373.77}]},{"text":"These innovative approaches have been 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challenges.","start":6393.81,"end":6416.3,"topics":[{"key":"msme-finance","label":"MSME Access to Finance","description":"Access to affordable finance for micro, small, and medium-sized enterprises was a recurring priority, especially for women-, youth-, and rural-led businesses. Proposals included credit guarantees, support for local fund managers and banks, and better financial products tailored to smaller firms."},{"key":"local-currency-lending","label":"Local Currency Lending","description":"Multiple speakers highlighted the importance of expanding local currency lending and strengthening domestic capital markets. This was seen as a way to reduce exchange-rate risk, lower vulnerability to external shocks, and support more stable long-term investment in developing countries."}],"words":[{"text":"Uh,","start":6393.81,"end":6393.85},{"text":"thank","start":6393.85,"end":6394.05},{"text":"you,","start":6394.05,"end":6394.13},{"text":"your","start":6394.13,"end":6394.33},{"text":"excellency,","start":6394.33,"end":6394.93},{"text":"Yemen","start":6395.33,"end":6395.65},{"text":"appreciates","start":6395.65,"end":6396.13},{"text":"the","start":6396.13,"end":6396.25},{"text":"insight","start":6396.25,"end":6396.61},{"text":"shared","start":6396.61,"end":6396.85},{"text":"by","start":6396.85,"end":6397.01},{"text":"the","start":6397.01,"end":6397.13},{"text":"panelist","start":6397.13,"end":6397.65},{"text":"and","start":6397.81,"end":6398.13},{"text":"aligns","start":6398.13,"end":6398.45},{"text":"itself","start":6398.45,"end":6398.85},{"text":"with","start":6398.85,"end":6398.97},{"text":"the","start":6398.97,"end":6399.05},{"text":"statement","start":6399.05,"end":6399.45},{"text":"delivered","start":6399.45,"end":6399.81},{"text":"by","start":6399.81,"end":6399.97},{"text":"the","start":6399.97,"end":6400.05},{"text":"group","start":6400.05,"end":6400.33},{"text":"of","start":6400.33,"end":6400.45},{"text":"77","start":6400.45,"end":6400.97},{"text":"in","start":6400.97,"end":6401.09},{"text":"China","start":6401.09,"end":6401.41},{"text":"on","start":6401.93,"end":6402.01},{"text":"strengthening","start":6402.13,"end":6402.69},{"text":"domestic","start":6402.69,"end":6403.09},{"text":"financial","start":6403.09,"end":6403.57},{"text":"market","start":6403.57,"end":6404.53},{"text":"and","start":6404.53,"end":6404.85},{"text":"access","start":6405.37,"end":6405.73},{"text":"to","start":6405.73,"end":6405.93},{"text":"affordable","start":6405.93,"end":6406.45},{"text":"credit,","start":6406.45,"end":6406.85},{"text":"Yemen","start":6406.85,"end":6407.25},{"text":"endorses","start":6407.29,"end":6407.81},{"text":"the","start":6407.81,"end":6407.89},{"text":"observation","start":6407.89,"end":6408.49},{"text":"made","start":6408.49,"end":6408.69},{"text":"about","start":6408.69,"end":6409.41},{"text":"being","start":6409.97,"end":6410.21},{"text":"central","start":6410.21,"end":6410.61},{"text":"economic","start":6410.61,"end":6411.01},{"text":"resilience,","start":6411.01,"end":6411.57},{"text":"our","start":6411.93,"end":6412.21},{"text":"private","start":6412.21,"end":6412.61},{"text":"sector","start":6412.61,"end":6413.01},{"text":"has","start":6413.01,"end":6413.17},{"text":"demonstrated","start":6413.17,"end":6413.81},{"text":"remarkable","start":6413.81,"end":6414.25},{"text":"resilience,","start":6414.25,"end":6414.73},{"text":"but","start":6414.73,"end":6414.93},{"text":"faces","start":6414.93,"end":6415.29},{"text":"severe,","start":6415.29,"end":6415.73},{"text":"uh,","start":6415.97,"end":6416.01},{"text":"challenges.","start":6416.01,"end":6416.3}]},{"text":"financing constraints.","start":6416.41,"end":6417.45,"topics":[],"words":[{"text":"financing","start":6416.41,"end":6416.89},{"text":"constraints.","start":6416.89,"end":6417.45}]},{"text":"We propose strengthening paragraph 27G to include specific provisions for credit guarantee mechanism accessible to MSMEs in environments where traditional collateral requirements cannot be met.","start":6417.45,"end":6429.69,"topics":[{"key":"msme-finance","label":"MSME Access to Finance","description":"Access to affordable finance for micro, small, and medium-sized enterprises was a recurring priority, especially for women-, youth-, and rural-led businesses. 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This was seen as a way to reduce exchange-rate risk, lower vulnerability to external shocks, and support more stable long-term investment in developing countries."}],"words":[{"text":"Our","start":6453.29,"end":6453.49},{"text":"exporters","start":6453.49,"end":6454.25},{"text":"face","start":6455.05,"end":6455.25},{"text":"significant","start":6455.25,"end":6455.77},{"text":"currency","start":6455.77,"end":6456.17},{"text":"volatility","start":6456.17,"end":6456.89},{"text":"risks","start":6457.05,"end":6457.49},{"text":"when","start":6457.49,"end":6457.77},{"text":"accessing","start":6457.93,"end":6458.41},{"text":"finance.","start":6458.41,"end":6458.81}]},{"text":"We advocate for a phased implementation of local currency solution that draws on domestic capital market while avoiding market distortion.","start":6458.97,"end":6467.21,"topics":[{"key":"local-currency-lending","label":"Local Currency Lending","description":"Multiple speakers highlighted the importance of expanding local currency lending and strengthening domestic capital markets. 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Cabo Verde aligns itself with the statement made by the G77 and China.","start":6516.93,"end":6525.01,"topics":[],"words":[{"text":"Thank","start":6516.93,"end":6517.25},{"text":"you,","start":6517.25,"end":6517.33},{"text":"Madam","start":6517.33,"end":6517.65},{"text":"Co-facilitator.","start":6517.73,"end":6518.77},{"text":"Cabo","start":6519.25,"end":6519.53},{"text":"Verde","start":6519.53,"end":6519.77},{"text":"aligns","start":6519.77,"end":6520.09},{"text":"itself","start":6520.09,"end":6520.49},{"text":"with","start":6520.49,"end":6520.61},{"text":"the","start":6520.61,"end":6520.69},{"text":"statement","start":6520.69,"end":6521.13},{"text":"made","start":6521.13,"end":6521.33},{"text":"by","start":6521.33,"end":6521.49},{"text":"the","start":6521.49,"end":6521.85},{"text":"G77","start":6521.89,"end":6524.45},{"text":"and","start":6524.45,"end":6524.57},{"text":"China.","start":6524.57,"end":6525.01}]},{"text":"In our national capacity, we would like to emphasize the following.","start":6525.41,"end":6528.69,"topics":[],"words":[{"text":"In","start":6525.41,"end":6525.61},{"text":"our","start":6525.61,"end":6525.73},{"text":"national","start":6525.73,"end":6526.17},{"text":"capacity,","start":6526.17,"end":6526.65},{"text":"we","start":6526.65,"end":6526.73},{"text":"would","start":6526.73,"end":6526.85},{"text":"like","start":6526.85,"end":6527.05},{"text":"to","start":6527.05,"end":6527.33},{"text":"emphasize","start":6527.49,"end":6528.13},{"text":"the","start":6528.13,"end":6528.25},{"text":"following.","start":6528.25,"end":6528.69}]},{"text":"Cabo Verde recognizes that mobilizing private finance, both domestic and international, is essential to bridge the sustainable development financing gap, particularly in the context of constrained public resources and a mounting global challenge.","start":6529.21,"end":6542.21,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. 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There was also broad agreement that private finance should complement, not replace, public finance and ODA."}],"words":[{"text":"For","start":6542.69,"end":6542.89},{"text":"small","start":6542.89,"end":6543.33},{"text":"island","start":6543.33,"end":6543.57},{"text":"developing","start":6543.57,"end":6543.97},{"text":"states,","start":6543.97,"end":6544.45},{"text":"attracting","start":6544.45,"end":6544.93},{"text":"private","start":6544.93,"end":6545.49},{"text":"investment","start":6545.65,"end":6546.37},{"text":"remains","start":6546.37,"end":6546.77},{"text":"difficult","start":6546.77,"end":6547.49},{"text":"due","start":6547.89,"end":6548.29},{"text":"to","start":6548.29,"end":6548.37},{"text":"limited","start":6548.53,"end":6548.93},{"text":"market","start":6548.93,"end":6549.25},{"text":"size,","start":6549.25,"end":6549.73},{"text":"geographic","start":6549.73,"end":6550.45},{"text":"isolation,","start":6550.45,"end":6551.33},{"text":"and","start":6551.41,"end":6551.73},{"text":"perceived","start":6551.73,"end":6552.37},{"text":"risks.","start":6552.37,"end":6552.77}]},{"text":"We therefore call for the international community to support the risk investment in SEEDS through innovative instruments such as guarantees, blended finance and public-private partnership tailored to our context.","start":6553.41,"end":6567.11,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. 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There was also broad agreement that private finance should complement, not replace, public finance and ODA."}],"words":[{"text":"Addressing","start":6591.75,"end":6592.43},{"text":"these","start":6592.43,"end":6592.79},{"text":"barriers","start":6592.95,"end":6593.75},{"text":"must","start":6593.75,"end":6594.11},{"text":"be","start":6594.11,"end":6594.39},{"text":"a","start":6594.39,"end":6594.43},{"text":"central","start":6594.43,"end":6595.03},{"text":"part","start":6595.03,"end":6595.51},{"text":"of","start":6595.67,"end":6595.91},{"text":"any","start":6595.91,"end":6596.23},{"text":"strategy","start":6596.23,"end":6596.87},{"text":"for","start":6596.87,"end":6597.03},{"text":"mobilized","start":6597.03,"end":6597.67},{"text":"private","start":6597.67,"end":6598.15},{"text":"finance.","start":6598.15,"end":6598.71}]},{"text":"Equally important, This expansion of sustainable linked investment instruments includes blue and green bonds and calls for stronger alignment of private finance flows with SDGs and national priorities.","start":6599.27,"end":6614.43,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. 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The discussion also stressed that such frameworks should be nationally driven while remaining coherent enough for cross-border investment."}],"words":[{"text":"Equally","start":6599.27,"end":6599.75},{"text":"important,","start":6599.75,"end":6600.47},{"text":"This","start":6601.95,"end":6602.27},{"text":"expansion","start":6602.27,"end":6602.91},{"text":"of","start":6602.91,"end":6603.07},{"text":"sustainable","start":6603.07,"end":6603.71},{"text":"linked","start":6603.71,"end":6603.91},{"text":"investment","start":6603.91,"end":6604.55},{"text":"instruments","start":6604.55,"end":6605.31},{"text":"includes","start":6605.31,"end":6605.87},{"text":"blue","start":6605.87,"end":6606.27},{"text":"and","start":6606.27,"end":6606.51},{"text":"green","start":6606.51,"end":6606.79},{"text":"bonds","start":6606.79,"end":6607.39},{"text":"and","start":6607.47,"end":6607.71},{"text":"calls","start":6607.71,"end":6608.19},{"text":"for","start":6608.35,"end":6608.67},{"text":"stronger","start":6608.67,"end":6609.31},{"text":"alignment","start":6609.31,"end":6609.91},{"text":"of","start":6609.91,"end":6610.03},{"text":"private","start":6610.03,"end":6610.43},{"text":"finance","start":6610.43,"end":6610.91},{"text":"flows","start":6610.91,"end":6611.39},{"text":"with","start":6611.39,"end":6611.55},{"text":"SDGs","start":6611.55,"end":6612.67},{"text":"and","start":6612.67,"end":6612.87},{"text":"national","start":6612.87,"end":6613.47},{"text":"priorities.","start":6613.63,"end":6614.43}]},{"text":"I thank you.","start":6614.43,"end":6614.99,"topics":[],"words":[{"text":"I","start":6614.43,"end":6614.59},{"text":"thank","start":6614.59,"end":6614.91},{"text":"you.","start":6614.91,"end":6614.99}]}]}],"speaker":{"name":null,"affiliation":"CPV","affiliation_full":"Cabo Verde","group":null,"function":"Representative"}},{"statement_number":69,"start":6616.59,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=6617","paragraphs":[{"sentences":[{"text":"I thank the representative of Cabo Verde and now give the floor to the representative of India, to be followed by the representative of Indonesia.","start":6616.59,"end":6625.23,"topics":[],"words":[{"text":"I","start":6616.59,"end":6616.75},{"text":"thank","start":6616.75,"end":6616.99},{"text":"the","start":6616.99,"end":6617.07},{"text":"representative","start":6617.07,"end":6618.11},{"text":"of","start":6618.11,"end":6618.27},{"text":"Cabo","start":6618.27,"end":6618.67},{"text":"Verde","start":6618.67,"end":6619.11},{"text":"and","start":6619.11,"end":6619.51},{"text":"now","start":6619.51,"end":6619.71},{"text":"give","start":6619.71,"end":6619.91},{"text":"the","start":6619.91,"end":6619.99},{"text":"floor","start":6619.99,"end":6620.27},{"text":"to","start":6620.27,"end":6620.39},{"text":"the","start":6620.39,"end":6620.51},{"text":"representative","start":6620.51,"end":6621.39},{"text":"of","start":6621.43,"end":6621.63},{"text":"India,","start":6621.71,"end":6622.19},{"text":"to","start":6622.19,"end":6622.39},{"text":"be","start":6622.39,"end":6622.51},{"text":"followed","start":6622.51,"end":6622.99},{"text":"by","start":6622.99,"end":6623.23},{"text":"the","start":6623.23,"end":6623.35},{"text":"representative","start":6623.35,"end":6624.11},{"text":"of","start":6624.11,"end":6624.35},{"text":"Indonesia.","start":6624.35,"end":6625.23}]},{"text":"India, please.","start":6625.47,"end":6626.19,"topics":[],"words":[{"text":"India,","start":6625.47,"end":6625.79},{"text":"please.","start":6625.79,"end":6626.19}]}]}],"speaker":{"name":"Merete","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":70,"start":6626.91,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=6627","paragraphs":[{"sentences":[{"text":"Thank you, Chair.","start":6626.91,"end":6627.47,"topics":[],"words":[{"text":"Thank","start":6626.91,"end":6627.15},{"text":"you,","start":6627.15,"end":6627.27},{"text":"Chair.","start":6627.27,"end":6627.47}]},{"text":"Private sector financing plays a catalytic role in bridging the SDG financing gap by offering vital capital, technological innovation, and scalable solutions.","start":6628.19,"end":6637.95,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."}],"words":[{"text":"Private","start":6628.19,"end":6628.55},{"text":"sector","start":6628.55,"end":6628.91},{"text":"financing","start":6628.91,"end":6629.39},{"text":"plays","start":6629.39,"end":6629.71},{"text":"a","start":6629.71,"end":6629.79},{"text":"catalytic","start":6629.79,"end":6630.43},{"text":"role","start":6630.43,"end":6630.75},{"text":"in","start":6630.75,"end":6630.87},{"text":"bridging","start":6630.87,"end":6631.23},{"text":"the","start":6631.23,"end":6631.35},{"text":"SDG","start":6631.35,"end":6631.79},{"text":"financing","start":6631.79,"end":6632.35},{"text":"gap","start":6632.35,"end":6632.59},{"text":"by","start":6632.59,"end":6632.75},{"text":"offering","start":6632.75,"end":6633.23},{"text":"vital","start":6633.23,"end":6633.63},{"text":"capital,","start":6633.71,"end":6634.35},{"text":"technological","start":6634.35,"end":6635.15},{"text":"innovation,","start":6635.15,"end":6635.87},{"text":"and","start":6636.43,"end":6636.63},{"text":"scalable","start":6636.63,"end":6637.15},{"text":"solutions.","start":6637.15,"end":6637.95}]},{"text":"Yet despite growing attention to the agenda, actual private capital flows to developing countries remain limited.","start":6638.51,"end":6644.19,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."}],"words":[{"text":"Yet","start":6638.51,"end":6638.71},{"text":"despite","start":6638.71,"end":6639.15},{"text":"growing","start":6639.15,"end":6639.55},{"text":"attention","start":6639.55,"end":6640.03},{"text":"to","start":6640.03,"end":6640.11},{"text":"the","start":6640.11,"end":6640.23},{"text":"agenda,","start":6640.23,"end":6640.67},{"text":"actual","start":6640.75,"end":6641.15},{"text":"private","start":6641.15,"end":6641.55},{"text":"capital","start":6641.55,"end":6641.95},{"text":"flows","start":6641.95,"end":6642.27},{"text":"to","start":6642.27,"end":6642.35},{"text":"developing","start":6642.35,"end":6642.83},{"text":"countries","start":6642.83,"end":6643.23},{"text":"remain","start":6643.23,"end":6643.71},{"text":"limited.","start":6643.71,"end":6644.19}]},{"text":"To effectively mobilize private finance, we highlight the following points.","start":6644.75,"end":6648.67,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."}],"words":[{"text":"To","start":6644.75,"end":6644.87},{"text":"effectively","start":6644.87,"end":6645.47},{"text":"mobilize","start":6645.47,"end":6646.03},{"text":"private","start":6646.03,"end":6646.51},{"text":"finance,","start":6646.51,"end":6647.15},{"text":"we","start":6647.15,"end":6647.31},{"text":"highlight","start":6647.31,"end":6647.63},{"text":"the","start":6647.63,"end":6647.79},{"text":"following","start":6647.79,"end":6648.19},{"text":"points.","start":6648.19,"end":6648.67}]},{"text":"Firstly, recognizing MSMEs critical role in driving inclusive growth, we encourage DFIs, IFIs, MDBs, and NDBs to collaborate with the local banks and intermediaries to provide affordable finance technical assistance for project development and capacity building tailored to their needs.","start":6648.67,"end":6666.35,"topics":[{"key":"msme-finance","label":"MSME Access to Finance","description":"Access to affordable finance for micro, small, and medium-sized enterprises was a recurring priority, especially for women-, youth-, and rural-led businesses. Proposals included credit guarantees, support for local fund managers and banks, and better financial products tailored to smaller firms."}],"words":[{"text":"Firstly,","start":6648.67,"end":6649.39},{"text":"recognizing","start":6649.95,"end":6650.75},{"text":"MSMEs","start":6650.75,"end":6651.39},{"text":"critical","start":6651.39,"end":6651.95},{"text":"role","start":6651.95,"end":6652.19},{"text":"in","start":6652.19,"end":6652.31},{"text":"driving","start":6652.31,"end":6652.75},{"text":"inclusive","start":6652.75,"end":6653.31},{"text":"growth,","start":6653.31,"end":6653.71},{"text":"we","start":6653.83,"end":6653.91},{"text":"encourage","start":6653.91,"end":6654.43},{"text":"DFIs,","start":6654.43,"end":6655.15},{"text":"IFIs,","start":6655.27,"end":6655.79},{"text":"MDBs,","start":6655.79,"end":6656.35},{"text":"and","start":6656.35,"end":6656.47},{"text":"NDBs","start":6656.47,"end":6657.15},{"text":"to","start":6657.55,"end":6657.67},{"text":"collaborate","start":6657.67,"end":6658.31},{"text":"with","start":6658.31,"end":6658.47},{"text":"the","start":6658.47,"end":6658.55},{"text":"local","start":6658.55,"end":6658.99},{"text":"banks","start":6658.99,"end":6659.35},{"text":"and","start":6659.35,"end":6659.47},{"text":"intermediaries","start":6659.47,"end":6660.43},{"text":"to","start":6660.43,"end":6660.59},{"text":"provide","start":6660.59,"end":6660.99},{"text":"affordable","start":6660.99,"end":6661.55},{"text":"finance","start":6661.55,"end":6662.03},{"text":"technical","start":6662.03,"end":6662.51},{"text":"assistance","start":6662.51,"end":6663.07},{"text":"for","start":6663.07,"end":6663.23},{"text":"project","start":6663.23,"end":6663.63},{"text":"development","start":6663.63,"end":6664.15},{"text":"and","start":6664.15,"end":6664.27},{"text":"capacity","start":6664.27,"end":6664.91},{"text":"building","start":6664.91,"end":6665.31},{"text":"tailored","start":6665.31,"end":6665.67},{"text":"to","start":6665.67,"end":6665.79},{"text":"their","start":6665.79,"end":6665.95},{"text":"needs.","start":6665.95,"end":6666.35}]},{"text":"Additionally, regulatory framework should embed proportionality and ease compliance burdens that disproportionately affect small enterprises.","start":6667.23,"end":6676.59,"topics":[{"key":"msme-finance","label":"MSME Access to Finance","description":"Access to affordable finance for micro, small, and medium-sized enterprises was a recurring priority, especially for women-, youth-, and rural-led businesses. 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This was seen as a way to reduce exchange-rate risk, lower vulnerability to external shocks, and support more stable long-term investment in developing countries."},{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."}],"words":[{"text":"Second,","start":6676.91,"end":6677.47},{"text":"Increasing","start":6678.19,"end":6678.75},{"text":"local","start":6678.75,"end":6679.07},{"text":"currency","start":6679.07,"end":6679.63},{"text":"lending","start":6679.63,"end":6680.11},{"text":"is","start":6680.11,"end":6680.35},{"text":"crucial","start":6680.35,"end":6680.75},{"text":"to","start":6680.75,"end":6680.91},{"text":"mobilize","start":6680.91,"end":6681.39},{"text":"private","start":6681.39,"end":6681.75},{"text":"capital","start":6681.75,"end":6682.19},{"text":"and","start":6682.19,"end":6682.31},{"text":"reduce","start":6682.31,"end":6682.63},{"text":"dependence","start":6682.63,"end":6683.23},{"text":"on","start":6683.23,"end":6683.47},{"text":"foreign","start":6683.63,"end":6684.11},{"text":"debt.","start":6684.11,"end":6684.43}]},{"text":"We encourage the development of local currency financial instruments alongside foreign exchange risk mitigation and hedging tools to create stable conditions for financing long-term sustainable projects.","start":6684.91,"end":6697.19,"topics":[{"key":"local-currency-lending","label":"Local Currency Lending","description":"Multiple speakers highlighted the importance of expanding local currency lending and strengthening domestic capital markets. 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This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable 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with private business and finance is increasingly crucial to help address the staggering financing gaps, allow us to highlight several key points on this discussion, as well as to share relevant experiences.","start":6757.83,"end":6768.07,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. 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practice, this means that we support this happening from the country platform level.","start":8119.63,"end":8126.11,"topics":[],"words":[{"text":"In","start":8119.63,"end":8120.11},{"text":"practice,","start":8120.11,"end":8120.55},{"text":"this","start":8120.55,"end":8120.75},{"text":"means","start":8120.75,"end":8121.07},{"text":"that","start":8121.07,"end":8121.31},{"text":"we","start":8121.31,"end":8121.71},{"text":"support","start":8123.31,"end":8123.71},{"text":"this","start":8123.71,"end":8123.87},{"text":"happening","start":8123.87,"end":8124.27},{"text":"from","start":8124.27,"end":8124.43},{"text":"the","start":8124.51,"end":8124.59},{"text":"country","start":8124.83,"end":8125.23},{"text":"platform","start":8125.23,"end":8125.67},{"text":"level.","start":8125.67,"end":8126.11}]},{"text":"But don't think that technical assistance through a top-down level is the way to go forward.","start":8127.59,"end":8132.95,"topics":[],"words":[{"text":"But","start":8127.59,"end":8127.71},{"text":"don't","start":8127.71,"end":8127.99},{"text":"think","start":8127.99,"end":8128.19},{"text":"that","start":8128.19,"end":8128.43},{"text":"technical","start":8128.59,"end":8129.07},{"text":"assistance","start":8129.07,"end":8129.87},{"text":"through","start":8130.19,"end":8130.51},{"text":"a","start":8130.51,"end":8130.55},{"text":"top-down","start":8130.55,"end":8130.99},{"text":"level","start":8130.99,"end":8131.31},{"text":"is","start":8131.31,"end":8131.47},{"text":"the","start":8131.95,"end":8132.03},{"text":"way","start":8132.03,"end":8132.19},{"text":"to","start":8132.19,"end":8132.35},{"text":"go","start":8132.35,"end":8132.51},{"text":"forward.","start":8132.51,"end":8132.95}]},{"text":"And I would connect this to the multilateral system working better together as a system.","start":8133.55,"end":8141.55,"topics":[],"words":[{"text":"And","start":8133.55,"end":8133.79},{"text":"I","start":8134.27,"end":8134.59},{"text":"would","start":8134.59,"end":8134.83},{"text":"connect","start":8135.47,"end":8135.83},{"text":"this","start":8135.83,"end":8136.03},{"text":"to","start":8136.03,"end":8136.35},{"text":"the","start":8138.03,"end":8138.19},{"text":"multilateral","start":8138.35,"end":8139.03},{"text":"system","start":8139.03,"end":8139.39},{"text":"working","start":8139.39,"end":8139.79},{"text":"better","start":8139.79,"end":8140.19},{"text":"together","start":8140.51,"end":8140.95},{"text":"as","start":8140.95,"end":8141.11},{"text":"a","start":8141.11,"end":8141.15},{"text":"system.","start":8141.15,"end":8141.55}]},{"text":"If And MDB is discussing jobs, it should use the expertise of the ILO.","start":8142.11,"end":8148.67,"topics":[],"words":[{"text":"If","start":8142.11,"end":8142.31},{"text":"And","start":8144.35,"end":8144.47},{"text":"MDB","start":8144.47,"end":8144.83},{"text":"is","start":8144.83,"end":8144.95},{"text":"discussing","start":8144.95,"end":8145.55},{"text":"jobs,","start":8145.55,"end":8145.87},{"text":"it","start":8145.87,"end":8146.07},{"text":"should","start":8146.07,"end":8146.35},{"text":"use","start":8146.51,"end":8146.83},{"text":"the","start":8146.83,"end":8146.91},{"text":"expertise","start":8146.91,"end":8147.51},{"text":"of","start":8147.51,"end":8147.71},{"text":"the","start":8147.71,"end":8147.83},{"text":"ILO.","start":8148.11,"end":8148.67}]},{"text":"If the UN is discussing PCM, it should use the expertise of others.","start":8148.83,"end":8153.79,"topics":[],"words":[{"text":"If","start":8148.83,"end":8148.99},{"text":"the","start":8149.03,"end":8149.11},{"text":"UN","start":8149.23,"end":8149.63},{"text":"is","start":8149.63,"end":8149.79},{"text":"discussing","start":8149.87,"end":8150.67},{"text":"PCM,","start":8150.91,"end":8151.39},{"text":"it","start":8151.39,"end":8151.63},{"text":"should","start":8151.63,"end":8151.87},{"text":"use","start":8151.87,"end":8152.27},{"text":"the","start":8152.51,"end":8152.63},{"text":"expertise","start":8152.63,"end":8153.23},{"text":"of","start":8153.23,"end":8153.39},{"text":"others.","start":8153.39,"end":8153.79}]},{"text":"If I can add an example to this, the expertise of the OECD DAC principles on blended finance.","start":8154.67,"end":8160.27,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. 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This was seen as a way to reduce exchange-rate risk, lower vulnerability to external shocks, and support more stable long-term investment in developing countries."},{"key":"sustainable-finance-regulation","label":"Sustainable Finance Regulation","description":"Delegations and experts emphasized the need for predictable regulatory frameworks, sustainability disclosures, taxonomies, and governance standards that can guide private investment toward the SDGs. 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you.","start":8231.15,"end":8231.39,"topics":[],"words":[{"text":"Thank","start":8231.15,"end":8231.31},{"text":"you.","start":8231.31,"end":8231.39}]}]}],"speaker":{"name":"Ramon Boon","affiliation":"BEL","affiliation_full":"Belgium","group":null,"function":null}},{"statement_number":95,"start":8232.27,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=8233","paragraphs":[{"sentences":[{"text":"Thank you very much.","start":8232.27,"end":8233.31,"topics":[],"words":[{"text":"Thank","start":8232.27,"end":8232.51},{"text":"you","start":8232.51,"end":8232.59},{"text":"very","start":8232.59,"end":8232.83},{"text":"much.","start":8232.83,"end":8233.31}]},{"text":"And then I'm moving on to Anthony Swan.","start":8233.31,"end":8235.95,"topics":[],"words":[{"text":"And","start":8233.31,"end":8233.59},{"text":"then","start":8233.59,"end":8233.95},{"text":"I'm","start":8234.11,"end":8234.47},{"text":"moving","start":8234.47,"end":8234.75},{"text":"on","start":8234.75,"end":8234.99},{"text":"to","start":8234.99,"end":8235.19},{"text":"Anthony","start":8235.23,"end":8235.63},{"text":"Swan.","start":8235.63,"end":8235.95}]}]}],"speaker":{"name":"Merete","affiliation":null,"affiliation_full":null,"group":null,"function":"Co-facilitator"}},{"statement_number":96,"start":8237.99,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=8238","paragraphs":[{"sentences":[{"text":"Thank you, co-facilitator.","start":8237.99,"end":8239.39,"topics":[],"words":[{"text":"Thank","start":8237.99,"end":8238.19},{"text":"you,","start":8238.19,"end":8238.35},{"text":"co-facilitator.","start":8238.35,"end":8239.39}]},{"text":"So the first comment I'd like to make is an observation that you know, really seeing a lot of alignment across the room 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so the GPEDC is a, a, a multi-stakeholder platform that exists already, is doing really great work, and it focuses on, um… looking at private sector engagement for development cooperation through the Kampala 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this is already mentioned in the text elsewhere, but it's just not connected to this.","start":8368.59,"end":8372.43,"topics":[],"words":[{"text":"And","start":8368.59,"end":8368.87},{"text":"this","start":8369.23,"end":8369.39},{"text":"is","start":8369.39,"end":8369.51},{"text":"already","start":8369.51,"end":8369.75},{"text":"mentioned","start":8369.75,"end":8370.03},{"text":"in","start":8370.03,"end":8370.11},{"text":"the","start":8370.11,"end":8370.19},{"text":"text","start":8370.19,"end":8370.51},{"text":"elsewhere,","start":8370.51,"end":8370.91},{"text":"but","start":8370.91,"end":8371.03},{"text":"it's","start":8371.03,"end":8371.27},{"text":"just","start":8371.27,"end":8371.43},{"text":"not","start":8371.43,"end":8371.55},{"text":"connected","start":8371.55,"end":8371.99},{"text":"to","start":8371.99,"end":8372.19},{"text":"this.","start":8372.19,"end":8372.43}]},{"text":"And I thought it was really important because it brings together, you know, multi-stakeholders in 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I therefore take it that the preparatory committee takes note of the themes of the six multistakeholder roundtables as finalised by the Bureau and as circulated by the co chairs in our letter dated 24 April 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hear no objection.","start":9096.59,"end":9098.27,"topics":[],"words":[{"text":"I","start":9096.59,"end":9096.91},{"text":"hear","start":9096.91,"end":9097.23},{"text":"no","start":9097.23,"end":9097.47},{"text":"objection.","start":9097.47,"end":9098.27}]},{"text":"It is so decided.","start":9098.67,"end":9100.27,"topics":[],"words":[{"text":"It","start":9098.67,"end":9099.07},{"text":"is","start":9099.07,"end":9099.23},{"text":"so","start":9099.23,"end":9099.47},{"text":"decided.","start":9099.47,"end":9100.27}]},{"text":"I now invite the Preparatory Committee to consider agenda item seven entitled Other 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floor.","start":9122.71,"end":9125.03,"topics":[],"words":[{"text":"I","start":9122.71,"end":9123.03},{"text":"see","start":9123.03,"end":9123.51},{"text":"no","start":9123.51,"end":9123.83},{"text":"requests","start":9123.83,"end":9124.35},{"text":"for","start":9124.35,"end":9124.47},{"text":"the","start":9124.47,"end":9124.55},{"text":"floor.","start":9124.55,"end":9125.03}]},{"text":"I would now like to invite Mr. Li Chunhua Secretary General of the Conference and Under Secretary General for Economic and Social Affairs to make a 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of the fourth session of the Preparatory Committee for the Fourth International Conference on Financing for Development, I deeply appreciate the strong sense of the commitment That has enriched our discussions over the past two 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is increasingly clear that addressing our shared interconnected challenges demand robust multilateral engagement.","start":9165.67,"end":9174.31,"topics":[],"words":[{"text":"It","start":9165.67,"end":9165.83},{"text":"is","start":9165.83,"end":9165.99},{"text":"increasingly","start":9165.99,"end":9166.63},{"text":"clear","start":9166.63,"end":9167.19},{"text":"that","start":9167.43,"end":9167.75},{"text":"addressing","start":9167.75,"end":9168.31},{"text":"our","start":9168.31,"end":9168.55},{"text":"shared","start":9168.55,"end":9169.11},{"text":"interconnected","start":9169.11,"end":9169.99},{"text":"challenges","start":9169.99,"end":9170.79},{"text":"demand","start":9171.27,"end":9171.75},{"text":"robust","start":9171.75,"end":9172.39},{"text":"multilateral","start":9172.39,"end":9173.19},{"text":"engagement.","start":9173.27,"end":9174.31}]},{"text":"These collective challenges cannot be tackled by individual countries alone, not only because of their scale, but more fundamentally because they affect all of 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challenges demand coordinated, inclusive, and concerted actions.","start":9188.35,"end":9193.47,"topics":[],"words":[{"text":"These","start":9188.35,"end":9188.59},{"text":"challenges","start":9188.59,"end":9189.39},{"text":"demand","start":9189.55,"end":9190.11},{"text":"coordinated,","start":9190.11,"end":9191.07},{"text":"inclusive,","start":9191.23,"end":9192.03},{"text":"and","start":9192.03,"end":9192.23},{"text":"concerted","start":9192.23,"end":9192.83},{"text":"actions.","start":9192.83,"end":9193.47}]},{"text":"Multilateralism at its core, it's about collaboration and the urgency to renewed our commitment to this principle has never been greater.","start":9194.43,"end":9204.27,"topics":[],"words":[{"text":"Multilateralism","start":9194.43,"end":9195.63},{"text":"at","start":9195.79,"end":9195.95},{"text":"its","start":9195.95,"end":9196.19},{"text":"core,","start":9196.19,"end":9196.51},{"text":"it's","start":9196.63,"end":9196.91},{"text":"about","start":9196.91,"end":9197.47},{"text":"collaboration","start":9197.47,"end":9198.51},{"text":"and","start":9198.91,"end":9199.11},{"text":"the","start":9199.11,"end":9199.19},{"text":"urgency","start":9199.23,"end":9199.95},{"text":"to","start":9199.95,"end":9200.07},{"text":"renewed","start":9200.07,"end":9200.67},{"text":"our","start":9200.67,"end":9200.83},{"text":"commitment","start":9200.83,"end":9201.43},{"text":"to","start":9201.43,"end":9201.51},{"text":"this","start":9201.51,"end":9201.95},{"text":"principle","start":9201.95,"end":9202.67},{"text":"has","start":9202.91,"end":9203.15},{"text":"never","start":9203.15,"end":9203.47},{"text":"been","start":9203.47,"end":9203.79},{"text":"greater.","start":9203.79,"end":9204.27}]},{"text":"Throughout our discussions over the past two days on the international financial architecture, a clear message emerged.","start":9205.79,"end":9214.03,"topics":[],"words":[{"text":"Throughout","start":9205.79,"end":9206.19},{"text":"our","start":9206.19,"end":9206.47},{"text":"discussions","start":9206.47,"end":9207.39},{"text":"over","start":9207.39,"end":9207.59},{"text":"the","start":9207.59,"end":9207.71},{"text":"past","start":9207.71,"end":9208.51},{"text":"two","start":9208.59,"end":9208.83},{"text":"days","start":9208.83,"end":9209.23},{"text":"on","start":9209.47,"end":9209.63},{"text":"the","start":9209.63,"end":9209.71},{"text":"international","start":9209.71,"end":9210.35},{"text":"financial","start":9210.35,"end":9210.75},{"text":"architecture,","start":9210.75,"end":9211.55},{"text":"a","start":9212.27,"end":9212.31},{"text":"clear","start":9212.31,"end":9212.67},{"text":"message","start":9212.67,"end":9213.15},{"text":"emerged.","start":9213.15,"end":9214.03}]},{"text":"Countries must work together to shape a global financial system that truly reflects the perspectives, priorities, and the needs of all.","start":9214.79,"end":9223.91,"topics":[],"words":[{"text":"Countries","start":9214.79,"end":9215.59},{"text":"must","start":9215.59,"end":9216.07},{"text":"work","start":9216.07,"end":9216.27},{"text":"together","start":9216.27,"end":9216.79},{"text":"to","start":9216.79,"end":9216.91},{"text":"shape","start":9216.91,"end":9217.27},{"text":"a","start":9217.31,"end":9217.35},{"text":"global","start":9217.35,"end":9217.91},{"text":"financial","start":9217.91,"end":9218.39},{"text":"system","start":9218.39,"end":9219.03},{"text":"that","start":9219.35,"end":9219.75},{"text":"truly","start":9219.75,"end":9220.07},{"text":"reflects","start":9220.07,"end":9220.63},{"text":"the","start":9220.63,"end":9220.75},{"text":"perspectives,","start":9220.75,"end":9221.67},{"text":"priorities,","start":9221.91,"end":9222.71},{"text":"and","start":9222.75,"end":9222.87},{"text":"the","start":9222.87,"end":9222.95},{"text":"needs","start":9222.95,"end":9223.27},{"text":"of","start":9223.27,"end":9223.43},{"text":"all.","start":9223.51,"end":9223.91}]},{"text":"Our conversations on debt underscored the urgent need for the collaboration.","start":9225.27,"end":9230.87,"topics":[],"words":[{"text":"Our","start":9225.27,"end":9225.51},{"text":"conversations","start":9225.51,"end":9226.55},{"text":"on","start":9226.55,"end":9226.79},{"text":"debt","start":9226.79,"end":9227.43},{"text":"underscored","start":9227.67,"end":9228.51},{"text":"the","start":9228.51,"end":9228.59},{"text":"urgent","start":9228.59,"end":9229.27},{"text":"need","start":9229.27,"end":9229.67},{"text":"for","start":9229.67,"end":9229.91},{"text":"the","start":9229.91,"end":9229.99},{"text":"collaboration.","start":9229.99,"end":9230.87}]},{"text":"Countries must come together to support a debt architecture under resolutions process that does not deprive any nation of the resources essential for its development.","start":9231.51,"end":9244.15,"topics":[],"words":[{"text":"Countries","start":9231.51,"end":9232.39},{"text":"must","start":9232.39,"end":9232.79},{"text":"come","start":9232.79,"end":9233.11},{"text":"together","start":9233.11,"end":9233.67},{"text":"to","start":9233.91,"end":9234.07},{"text":"support","start":9234.07,"end":9234.55},{"text":"a","start":9234.55,"end":9234.63},{"text":"debt","start":9234.63,"end":9235.03},{"text":"architecture","start":9235.03,"end":9235.83},{"text":"under","start":9236.23,"end":9236.67},{"text":"resolutions","start":9236.67,"end":9237.35},{"text":"process","start":9237.35,"end":9238.15},{"text":"that","start":9238.47,"end":9238.87},{"text":"does","start":9238.95,"end":9239.19},{"text":"not","start":9239.19,"end":9239.83},{"text":"deprive","start":9239.83,"end":9240.47},{"text":"any","start":9240.47,"end":9240.79},{"text":"nation","start":9240.79,"end":9241.23},{"text":"of","start":9241.23,"end":9241.35},{"text":"the","start":9241.35,"end":9241.43},{"text":"resources","start":9241.43,"end":9242.31},{"text":"essential","start":9242.31,"end":9242.87},{"text":"for","start":9242.87,"end":9243.07},{"text":"its","start":9243.07,"end":9243.35},{"text":"development.","start":9243.35,"end":9244.15}]},{"text":"Similarly, the importance of the global collaboration was evident in our discussions on equitable access to technology and innovations that can meaningfully improve the lives and the well-being.","start":9245.07,"end":9259.47,"topics":[],"words":[{"text":"Similarly,","start":9245.07,"end":9245.87},{"text":"the","start":9246.43,"end":9246.55},{"text":"importance","start":9246.55,"end":9247.39},{"text":"of","start":9247.39,"end":9247.55},{"text":"the","start":9247.55,"end":9247.71},{"text":"global","start":9247.71,"end":9248.11},{"text":"collaboration","start":9248.11,"end":9248.99},{"text":"was","start":9248.99,"end":9249.47},{"text":"evident","start":9249.47,"end":9250.07},{"text":"in","start":9250.07,"end":9250.43},{"text":"our","start":9250.43,"end":9250.63},{"text":"discussions","start":9250.63,"end":9251.47},{"text":"on","start":9251.71,"end":9252.07},{"text":"equitable","start":9252.07,"end":9252.67},{"text":"access","start":9252.67,"end":9253.39},{"text":"to","start":9253.39,"end":9253.63},{"text":"technology","start":9253.63,"end":9254.59},{"text":"and","start":9254.59,"end":9254.75},{"text":"innovations","start":9254.75,"end":9255.71},{"text":"that","start":9256.03,"end":9256.51},{"text":"can","start":9256.51,"end":9256.91},{"text":"meaningfully","start":9256.91,"end":9257.71},{"text":"improve","start":9257.71,"end":9258.11},{"text":"the","start":9258.11,"end":9258.19},{"text":"lives","start":9258.19,"end":9258.59},{"text":"and","start":9258.59,"end":9258.75},{"text":"the","start":9258.75,"end":9258.83},{"text":"well-being.","start":9258.83,"end":9259.47}]},{"text":"In our exchange on domestic public resources, it became clear that international collaboration is vital to empower developing countries to mobilize revenues effectively.","start":9260.35,"end":9272.43,"topics":[],"words":[{"text":"In","start":9260.35,"end":9260.51},{"text":"our","start":9260.51,"end":9260.75},{"text":"exchange","start":9260.75,"end":9261.31},{"text":"on","start":9261.31,"end":9261.47},{"text":"domestic","start":9261.47,"end":9262.03},{"text":"public","start":9262.03,"end":9262.39},{"text":"resources,","start":9262.39,"end":9263.23},{"text":"it","start":9263.71,"end":9263.87},{"text":"became","start":9263.87,"end":9264.27},{"text":"clear","start":9264.27,"end":9264.75},{"text":"that","start":9264.75,"end":9265.15},{"text":"international","start":9265.39,"end":9266.19},{"text":"collaboration","start":9266.19,"end":9267.07},{"text":"is","start":9267.07,"end":9267.31},{"text":"vital","start":9267.31,"end":9267.79},{"text":"to","start":9267.79,"end":9267.99},{"text":"empower","start":9268.03,"end":9268.59},{"text":"developing","start":9268.59,"end":9269.07},{"text":"countries","start":9269.07,"end":9269.87},{"text":"to","start":9270.11,"end":9270.27},{"text":"mobilize","start":9270.27,"end":9270.91},{"text":"revenues","start":9270.91,"end":9271.55},{"text":"effectively.","start":9271.59,"end":9272.43}]},{"text":"including through the strengthened international tax cooperation.","start":9272.91,"end":9276.19,"topics":[],"words":[{"text":"including","start":9272.91,"end":9273.55},{"text":"through","start":9273.55,"end":9273.79},{"text":"the","start":9273.79,"end":9273.87},{"text":"strengthened","start":9273.87,"end":9274.43},{"text":"international","start":9274.43,"end":9275.07},{"text":"tax","start":9275.07,"end":9275.43},{"text":"cooperation.","start":9275.43,"end":9276.19}]},{"text":"Our discussions on international development cooperation and private finance highlighted the value of the broad coalition from multilateral development banks to the businesses, from the traditional donors to the emerging partners, working together to scale the financing and enhance its 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In our dialogue on trade, it was evident that a fair, inclusive trading system must be built on collaboration so that the developing countries can fully benefit from the transfer of the capacities, exchange of knowledge, and the shared prosperity that the trade can bring.","start":9297.63,"end":9317.11,"topics":[{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. 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distinguished delegates, let us carry the spirit of the collaboration into the negotiations for the FFD4 outcome 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the bridging proposals to address the profound financing for development challenges before us.","start":9327.59,"end":9334.39,"topics":[],"words":[{"text":"Let","start":9327.59,"end":9327.79},{"text":"us","start":9327.79,"end":9327.91},{"text":"find","start":9327.91,"end":9328.27},{"text":"the","start":9328.27,"end":9328.35},{"text":"bridging","start":9328.35,"end":9328.75},{"text":"proposals","start":9328.75,"end":9329.67},{"text":"to","start":9330.07,"end":9330.27},{"text":"address","start":9330.27,"end":9330.67},{"text":"the","start":9330.67,"end":9330.79},{"text":"profound","start":9330.79,"end":9331.35},{"text":"financing","start":9331.35,"end":9332.15},{"text":"for","start":9332.15,"end":9332.31},{"text":"development","start":9332.31,"end":9333.07},{"text":"challenges","start":9333.07,"end":9333.67},{"text":"before","start":9333.67,"end":9334.11},{"text":"us.","start":9334.11,"end":9334.39}]},{"text":"May we arrive in the severe united by a common vision for a sustainable 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you for your invaluable contributions.","start":9348.15,"end":9350.71,"topics":[],"words":[{"text":"Thank","start":9348.15,"end":9348.47},{"text":"you","start":9348.47,"end":9348.71},{"text":"for","start":9348.71,"end":9348.87},{"text":"your","start":9348.87,"end":9348.99},{"text":"invaluable","start":9348.99,"end":9349.71},{"text":"contributions.","start":9349.71,"end":9350.71}]},{"text":"Thank you.","start":9350.87,"end":9353.83,"topics":[],"words":[{"text":"Thank","start":9350.87,"end":9351.27},{"text":"you.","start":9353.75,"end":9353.83}]}]}],"speaker":{"name":"Li Chunhua","affiliation":"UN","affiliation_full":"UN","group":null,"function":"Secretary-General of the Conference; USG Economic and Social Affairs"}},{"statement_number":103,"start":9355.55,"pageUrl":"/ar/asset/k1z/k1zbmurtcj?lang=en&t=9356","paragraphs":[{"sentences":[{"text":"I would like to thank the Secretary General of the 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it.","start":9359.95,"end":9364.35,"topics":[],"words":[{"text":"I","start":9359.95,"end":9360.19},{"text":"would","start":9360.19,"end":9360.35},{"text":"now","start":9360.35,"end":9360.67},{"text":"like","start":9360.75,"end":9361.07},{"text":"to","start":9361.07,"end":9361.27},{"text":"make","start":9361.27,"end":9361.95},{"text":"a","start":9361.95,"end":9361.99},{"text":"closing","start":9361.99,"end":9362.59},{"text":"statement","start":9362.59,"end":9363.55},{"text":"and","start":9363.63,"end":9363.79},{"text":"deliver","start":9363.79,"end":9364.15},{"text":"it.","start":9364.15,"end":9364.35}]},{"text":"Excellencies, ladies and gentlemen, ministers, distinguished delegates, ladies and gentlemen, we are now concluding the first part of the fourth session of the Preparatory Committee on Financing for 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being here and your commitment really attests to the urgency and the importance of our collective 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would very much like to thank the Secretariat and all those staff who have worked unfeignedly to ensure that this meeting runs 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efforts, often on the sidelines, have meant that we have fully been able to focus on the substance of our 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are making progress, so I would encourage all Member States, partners and stakeholders to remain actively engaged in our discussions and negotiations on the final document, the outcome 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priority, especially for women-, youth-, and rural-led businesses. Proposals included credit guarantees, support for local fund managers and banks, and better financial products tailored to smaller firms."},{"key":"policy-space","label":"Policy Space and Special Treatment","description":"Several interventions stressed that developing countries need sufficient policy space to pursue industrial, food security, and development strategies. This included support for special and differential treatment, flexible trade preferences, and rules that reflect the realities of LDCs, SIDS, LLDCs, and other vulnerable economies."},{"key":"value-addition","label":"Value Addition and Industrialization","description":"A major theme was the need for developing countries to move beyond exporting raw materials and low-value goods. Speakers emphasized industrialization, diversification, manufacturing, and deeper participation in regional and global value chains to create jobs and reduce vulnerability to commodity shocks."},{"key":"critical-minerals","label":"Critical Minerals and Commodities","description":"Speakers discussed how countries rich in critical minerals and commodities should capture more value from their resources through local processing, beneficiation, and fair legal frameworks. The goal is to ensure that extraction supports domestic development, structural transformation, and benefits for local communities."},{"key":"trade-restrictions","label":"Trade Restrictions and Unilateral Measures","description":"Delegates repeatedly raised concern over rising tariffs, protectionism, non-tariff barriers, and unilateral coercive or trade-related environmental measures. These were described as undermining development, distorting competition, and limiting market access for poorer economies."},{"key":"local-currency-lending","label":"Local Currency Lending","description":"Multiple speakers highlighted the importance of expanding local currency lending and strengthening domestic capital markets. This was seen as a way to reduce exchange-rate risk, lower vulnerability to external shocks, and support more stable long-term investment in developing countries."},{"key":"multilateral-trading-system","label":"Multilateral Trading System","description":"Many speakers called for preserving and reforming a WTO-centered trading system that is rules-based, fair, open, predictable, inclusive, and accessible to developing countries. The discussion focused on ensuring trade remains a driver of sustainable development rather than a source of exclusion and fragmentation."},{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"In the private finance panel, many speakers focused on how to mobilize more private investment for sustainable development through blended finance, guarantees, de-risking, and other catalytic instruments. There was also broad agreement that private finance should complement, not replace, public finance and ODA."},{"key":"sustainable-finance-regulation","label":"Sustainable Finance Regulation","description":"Delegations and experts emphasized the need for predictable regulatory frameworks, sustainability disclosures, taxonomies, and governance standards that can guide private investment toward the SDGs. The discussion also stressed that such frameworks should be nationally driven while remaining coherent enough for cross-border investment."}]}}