General Assembly: 88th plenary meeting, 79th session

Good afternoon, ladies and gentlemen. It's time to start.

The 88th Plenary Meeting of the General Assembly is called to order. The Assembly will resume its consideration of Agenda Item 17 entitled Follow-up to an implementation of the outcomes of the International Conference on Financing for Development, to take action on a draft resolution issued as Document A/79/L109. We shall now proceed to consider draft resolution A/79/L109. I now give the floor to the representative of the Secretariat.

Thank you, Mr. President. The present oral statement is made in the context of Rule 153 of the Rules of procedure of the General Assembly. This statement has also been distributed to member states. The requests referred to in operative paragraphs 29c, 48a, 48i, 65b1, and 65b3 of the annex to the draft resolution A/79/L 109 would entail new activities in 2026 and in subsequent years. It is estimated that the related budgetary implications for 2026 would range from $1.9 million to $2.1 million net of staff assessment, and for subsequent years from $2.5 to to $2.9 million net of staff assessment annually. Further requests referred to in operative paragraphs 48, 50, and 55 of the annex to draft resolution A/79/L.109 would entail additional new activities in 2026 and in subsequent years. However, in the absence of modalities for the platform for borrower countries, paragraph 48, the intergovernmental process, paragraph 50, and the recurring special high-level meeting, para— paragraph 55, it is not possible at the present time to estimate the budgetary implications of the new activities. When the format, scope, and modalities are determined, the Secretary-General would assess the budgetary implications and advise the General Assembly in accordance with Rule 153 of the Rules of Procedure. Once modalities are known, in accordance with established practice, the dates of related meetings would be determined in consultation with the Department for General Assembly and Conference Management. Should the General Assembly adopt the draft resolution, a revised estimates report would be submitted for consideration by the Assembly through the Fifth Committee during the main part of its 80th session, detailing the requirements for which an additional appropriation would be requested for 2026. If modalities of the activities referred to in paragraph 3 above have been determined by that time, the related budgetary implications would also be presented in the revised Estimates Report. Requirements for 2027 and thereafter would be presented in the proposed program budgets for consideration by the General Assembly in the applicable years. I thank you, Mr. President.

I thank the representative of the Secretariat.

Before giving the floor for explanations of vote before the vote, May I remind delegations that explanations of vote are limited to 10 minutes and should be made by delegations from their seats. I now give the floor to the distinguished representative of Spain.

Thank you, Mr. President.

Thank you very much, President. Spain aligns itself with the statement that is to be delivered by Denmark on behalf of the EU and its member states in capacity as the host country of FFD4. We will make the following remarks and explanation of vote prior to the vote in relation to Draft Resolution A/79/L.109. The Seville Commitment adopted at the 4th International Conference on Financing for Development, as well as the conference itself, has been a sign of the international community's commitment to multilateralism, development, and its financing. With the ambition and concrete actions in the document, there is also additional data about the conference that I wish to highlight now briefly. At FFD4, 186 delegations of member states participated. This includes approximately 50 heads of state and government and more than 100 international organizations according to the data available. Was one of the UN conferences that enjoyed the greatest participation from civil society. There were more than 15,000 individual participants. In addition to interventions in the general debates and roundtables, there were 470 side events on the margins of the conference. Also, there were 130 initiatives presented as part of the Civil Platform for Action. Also, in the Business Forum and the Investment Forum, there were pledges of 150 billion for development projects. President, following the successful outcome of the conference, it is now time for us to move to action to put into practice the civil commitments as well as the initiatives that were presented. My country will continue to work actively in this direction. Allow me to conclude with a message of thanks to. the co-facilitators of the Seville Commitment and also the co-chairs of the preparatory process. Allow me also to call on all members to reignite the spirit of Seville and vote in favor of this draft resolution. I thank you.

I thank the distinguished representative of Spain. I now give the floor to the distinguished representative of the Russian Federation.

We would like to thank you, Mr. President. I would like to make a statement in conjunction with your draft resolution to confirm the outcome of, of the International Conferences on Financing for Development. We cannot support the first operational paragraph of this resolution. We need to decisively dissociate ourselves from it. The Spanish government did not carry out its functions and duties properly as regards the conduct of the international conference and artificially created barriers, which in particular led to the lack of participation of the deputy head of the government of the Russian Federation as head of the Russian delegation in Seville. Back at the selection stage for the host country for the future conference, our delegation, as a member of the preparatory committee, actively sought assurances that Madrid would guarantee impartiality and equal treatment of all delegations, in particular as pertains to visa issues. At the time, our Spanish colleagues assured us that they were prepared to be neutral without the need to introduce any specific wording into the modalities resolution. Unfortunately, our fears were indeed justified. Even the final, very mild wording of paragraph 2 of the modalities resolution, 78/271, on the facilitating— the government of the host country, rather, facilitating the participation of all UN member states— even that was breached. We believe the actions of the Spanish government to be a gross and deliberate flouting of the obligations taken by the host country for organizing an important event. I I believe that we need to avoid that in the future. Furthermore, Russia does support the outcome document of the FFD4. It reflects significant progress as compared to the Addis Ababa Programme of Action 2015 and takes into consideration the changing realities of global development. Nonetheless, we do have a number of interpretive comments regarding the following provisions of the text.

The first.

Paragraph 28G, in line with the standards of FATFIR, the introduction of beneficial owner registries is just one of a number of instruments to ensure transparency. The separate mention of this instrument in the context of the outcome document is inappropriate. Furthermore, we do not support the idea of establishing a global beneficial ownership registry because its implementation would be very difficult given the significant differences in national legislative systems. Secondly, Para 48a. We believe that this paragraph does not give the mandate to review existing principles for responsible credit and lending or loaning and developing new regulations in this area. We'd like to underscore that the reasons for a debt burden accumulated by developing countries is much more complex and deep in nature than that. Reformulating existing principles in and of itself will not improve the situation. We believe it more expedient to focus on the effective implementation of already agreed-upon principles and on establishing effective mechanisms for monitoring their implementation. Thirdly, Paragraph 48. We are firmly against creating a centralized global register of debt. We believe providing detailed information for— that would propose revealing detailed information for each debt. Currently, such information is voluntarily provided by member states to the Paris Club of the World Bank. We also do not support the proposal on regular checks of this data. We would require initiated restructurization of the debt. Secondly, the revelation of the conditions for the debt agreements runs counter to the national legislation in the Russian Federation. Fourthly, 48D. We would note that the application of standard reservations whose actions depend on specific indicators, so-called state contingent clauses, these clauses These clauses are new and they have only been limited in practice. We support continued studying of this particular experience of these clauses. However, we believe it's premature to include that in the outcome document. 5, paragraph 50a, we would like to distance ourselves from the mention of the Global Sovereign Debt Roundtable Playbook. Since the format of this mechanism, in our opinion, is not inclusive and does not enjoy the necessary interparliamentary legitimacy. 6, paragraph 29 and 29, we do not agree with the relevant provisions regarding expanding the UN Convention Against Corruption and that interpretation. This undermines what has already been enshrined in principle, the agreements there. Mr. President, we have the right to interpret the provisions of the document purely in line with national interests, principles, and the norms of international legislation. We'd also like to underscore that the use in the text of terms and notions that were not agreed upon by member states and do not enjoy universal support within the UN cannot be deemed as a precedent or as justification for their further use. And in the context of further work along the lines of the conferences and in other international fora as part of the UN system. Thank you very much.

I thank the distinguished representative of the Russian Federation. I now give the floor to distinguished representative of the United States.

Thank you, Mr. President. The commitment of the United States to to international cooperation and long-term economic development remains steadfast, and we regret that it was not possible to achieve a political declaration on financing for development that could have enjoyed universal support. This was a missed opportunity to outline a clearer, simpler, and more pragmatic pathway for development financing. That sharpened focus on achieving core mandates, elevated successful efforts that are already underway, and leveraged the comparative advantages of different stakeholders, including the private sector. Instead, this document proposes numerous new, costly, and duplicative mechanisms and initiatives that will only undermine the effectiveness of existing efforts and distract many entities, including the UN, from delivering on their core missions. It is inexcusable that in a year of budget retractions and ongoing discussions of UN 80, this body would vote to incur substantial new recurring costs specifically to mandate work streams that faced significant opposition during negotiations, are unlikely to result in meaningful progress, and duplicate work by other international organizations. We fail to see how adding to the already bloated UN General Assembly agenda and further expanding the UN Secretariat will curb illicit financial flows or relieve developing country debt burdens. The document prioritizes elevating global frameworks like the 2030 Agenda for Sustainable Development, the Sustainable Development Goals, and the Paris Agreement at the expense of practical ideas that could deliver impact to those that need it most. The UN should refocus its efforts on its core mandate of promoting international peace and security. Effective multilateral collaboration requires respect for institutional governance, authorities, and mandates. The UN should not seek to direct or reform independent institutions that are appropriately guided by their own competent governing authorities. The United States cannot accept text that proposes a role for the UN in the global debt architecture for which it is not mandated or equipped. Along with many in this chamber, we reject the proposal in paragraph 50 for an intergovernmental process on debt at the UN. We underscore our position that trade language negotiated or adopted by the General Assembly has no relevance for U.S. trade policy for U.S. trade obligations or commitments, or for the agenda at the World Trade Organization. Further, FFD IV is not the appropriate venue for discussions on financial regulation, and we reject proposals in the text that distort the work of regulators or standard-setting bodies or private sector entities such as credit rating agencies in pursuit of unrelated policy ends. Mr. President, for these reasons, we are compelled to call a vote on the text presented today. We refer you to our full explanation of vote on USUN's website for a detailed outline of our concerns regarding this document. Thank you.

I thank the distinguished representative of the United States. I now give the floor to the distinguished representative of Zambia.

Thank you very much, Mr. President. Excellencies, distinguished gentlemen, ladies and gentlemen, Zambia wishes to deliver a statement in its national capacity. Let me begin by thanking you, President of the General Assembly, as well as the co-chairpersons for the FFD Conference for the steadfast leadership that has brought us to this important moment. We also extend our deepest gratitude to the government and people of Spain for their warm hospitality and exemplary leadership shown in hosting the 4th International Conference on Financing for Development in the beautiful city of Sevilla. For Zambia, it was a great honor to be entrusted with the responsibility of being a co-facilitator of the FFD Outcome Document. We are humbled by the confidence that member states and stakeholders placed in us. From where we sit, it is clear that the outcome document is a result of genuine flexibility and collective resolve to defend multilateralism. Without that spirit, we would not be here at all. The Sevilla Commitment is a landmark opportunity. It sets forth bold actions that, if pursued with determination, can help us close the $4 trillion dollar gap in financing the Sustainable Development Goals. While not all of the specific national and regional aspirations may be reflected in the final text, which is undeniably a feature of any negotiated document, its value is evident to all of us. It speaks meaningfully to the urgent need to resolve debt challenges, resolve the international financial architecture, enhanced domestic resource mobilization, strengthening development cooperation, among other things. This outcome document is proof that multilateralism is alive, that it works, and that together we can shape solutions equal to the challenges of our time. Mr. President, adoption of this resolution, this draft resolution, will effectively take us into implementation stage, which is the most crucial stage. Let us not lose sight of the human face of this work that we have gone through. The numbers tell us that around 400 million people are estimated to live below the extreme poverty line in 2025, and might I add that nearly two-thirds of those are in the continent of Africa. To reach them, we must forge strong partnerships, build coalitions, and accelerate the realization of the SDGs. It is for this reason that Zambia supports the adoption of the draft resolution and strongly encourages other member states to do so. Zambia stands ready and committed to play its part in advancing sustainable development, development that is not abstract but real and transformative to life— to the lives of our people. Mr. President, the severe commitment is not the end of a process, but the beginning of renewed global effort. Let us all work tirelessly to ensure that this commitment translates into action. We therefore call on all members to support this historic draft resolution. I thank you, Mr. President.

I thank the distinguished representative of Zambia. We have heard the last speaker in explanation of vote before the vote.

The Assembly will now take a decision on draft Resolution A/79/L109 entitled Sevilla Commitments. A recorded vote has been requested. We shall now begin the voting process. Those in favor of draft resolution A/79/L109, please signify.

Those against, Abstentions?

The Assembly is now voting on draft resolution A/79/L109 entitled Severe Commitment. Will all delegations confirm that their votes are accurately reflected on the screen? The voting has been completed.

Please lock The result of the vote is as follows: in favor, 158; against, 2; Abstentions? 1. Draft Resolution A/79/L109 is adopted. Before giving the floor for explanations of vote after the vote, may I remind delegations that explanations of vote are limited to 10 minutes and should be made by delegations from their seats. I now give the floor to the distinguished representative of the United Kingdom.

Thank you. I would like to begin by extending the United Kingdom's thanks once again to the co-facilitators for their hard work throughout the FFD4 negotiations, and also to Spain as host. The United Kingdom is pleased to vote in favor of this text. This outcome sets out ambitious action to tackle the challenges our world is facing and signals a new era of financing for development. We agreed a greater focus on domestic resource mobilization and tackling illicit financial flows; action to reform, shockproof, and build resilience in the global financial system, including through scaling up prearranged finance. We agreed to a package of ambitious and concrete measures to tackle unsustainable debt. This includes agreement to an intergovernmental process on debt. We want to play a constructive role in these discussions, ensuring that we avoid duplicating or distracting from existing reform efforts. Consistent with our ongoing support for reforming debt treatments provided by the G20 Common Framework and the Paris Club. We remain concerned that this text does not reflect the approach on environment we agreed under the Paris Agreement or the global consensus we reached at the Summit of the Future. The reference to Principle 7 of the Rio Principles does not reflect the form of CBDR that was agreed under the Paris Agreement. We consider the reference to this principle as relevant and applicable in its historical context only. We're also concerned that paragraphs 41 and 41 misrepresent agreed language on climate finance and technology transfer from other processes. We do not consider these paragraphs to set precedent or carry interpretive weight in this or any other forum. Going forward, we must now focus on implementation and want to work in partnership to drive FFD4 commitments. including the Sevilla Programme of Action. We hope that by the FFD Forum in 2026, we develop a roadmap of clear timelines, costs, and plans for priority commitments. The UK will be a strong voice on this, ensuring commitments are taken forward through relevant fora such as the G20, IFIs, and the OECD, and we urge others to join us. Thank you.

I thank the distinguished representative of the United Kingdom. I now give the floor to the distinguished representative of France.

Merci, Monsieur le Président.

Thank you, President. President, allow me first of all to align ourselves with the statement that is to be delivered by the European Union. And above all, to express our thanks and appreciation to Spain and to the Secretariat of the United Nations for the success of this 4th International Conference on Financing for Development. 10 years after the Addis Ababa Conference, we have reaffirmed the importance of international solidarity and the guiding principles that we set for ourselves at the Montreal Conference. The President of the French Republic took part in the Seville Conference and called for all to mobilize, to work so that each nation has the means not to have to choose between fighting poverty or preserving the planet, and that means creating conditions of peace for all. France has been involved throughout the preparatory process for the Seville Conference and also during the negotiation of its outcome document. This document is now being presented for consideration by the United Nations General Assembly. It was in this spirit that we organized in June 2023 the Summit for a New Global Financial Pact, and that also launched the Pact for Prosperity, People, and Planet, the 4 4P— that is how it is most widely known— is a coalition that now includes 73 countries. The new special envoy today is Mr. Moussa Faki. These agendas converged at the Seville Conference, the high-level meeting of 4P, which France had the honor of co-chairing together with Kenya on the 30th of June, with the participation of the heads of state and government of Spain, Angola, and Colombia, as well as the heads of the World Bank and the WTO, sent a strong message, one of unity from the international community. By launching coalitions under the auspices of the 4P, we propose concrete solutions to better respond to the multidimensional vulnerability, amongst other things, to mobilize new resources for the financing of global public goods and to unlock more private capital. President, the Seville commitment that is before us is the outcome of a delicate balance achieved after several months of deliberations led by Mexico, Nepal, Norway, and Zambia, whom we thank for their efforts. Subject to the reservations that are to be expressed by the EU, France reaffirms its support for this text and has therefore voted in favor. President, it is time to move from words to actions. The adoption of today's resolution is not an end in and of itself. Rather, it must mark the beginning of a new stage, one of greater ambition, solidarity, and initiatives that are capable of making a difference for those who need it. I thank you.

I thank the distinguished representative of France. I now give the floor to the distinguished representative of Switzerland.

Merci, Monsieur le Président.

Thank you, Mr. President. Switzerland would like to thank the co-facilitators for the immense work they've carried out and would commend the organizers and member states for their investment and their determined efforts that made the Seville Conference a success. Switzerland has been engaged in a constructive manner throughout this process. We'd like to make the following comments. Multilateralism is crucial to coordinate collective, fair, and effective responses to global challenges that go beyond the ability of states taken in isolation. More than ever, effectiveness in the area of development cooperation is crucial to maximize rather the impact of mobilized resources to respond quickly and in an adapted fashion to needs and to strengthen trust and accountability between development stakeholders. This is something that should have been further integrated in the Seville Commitment. The text sends a clear important signal in favor of combating corruption and also asset recovery, and restitution by rightly highlighting transparency and responsibility as compasses guiding our action. In this context, Switzerland supports the final outcome document. While Switzerland recognizes that settling the issue of debt is fundamental, Switzerland nonetheless regrets the passage on it in the document, in particular the mention of an intergovernmental process at the UN. Switzerland supports strengthening the viability, transparency, and management of debt. It is also involved in— committed, rather, to effective debt restructuring on a case-by-case basis. Nonetheless, Switzerland considers that the IMF, the World Bank, the G20, and the Paris Club are the relevant bodies and have the necessary competence. As regards the paragraphs on international financial institutions, Switzerland considers that multiplying processes and risking duplication between the UN system and these institutions may threaten the effectiveness and consistency of the global financial architecture. Given limited resources, it's particularly important that the UN refrains from duplicating existing work and respects these frameworks and tries to make the most of institutions and platforms that have complementary expertise. In terms of environmental financing, Switzerland regrets that major developments and step forwards are not reflected in the results of the negotiations. The principle of common but differentiated responsibility, um, has been implemented and developed since the 1990s. All those countries that have the means to do so need to contribute to achieving these objectives in the area of environmental financing. The efforts made, sir, to obtain this civil commitment shows a real desire to work collectively. The aim that must be of concern to us is to implement this effectively and consistently so that there's lasting global development. Thank you.

Thank you, Representative of Switzerland. I now give the floor to the distinguished representative of Belarus.

Thank you, Mr. President. The delegation of Belarus welcomes the adoption of the outcome document of the FFD4 under the name the Seville Commitment. We cherish the hope that at a time of significant changes and growing macroeconomic challenges, the document will become a roadmap to renew the global financing system and to develop and adopt urgent measures in 3 key areas: domestic state resources, expanding scientific and technological capacity, and data collection and monitoring. By joining consensus, we underscored Belarus's commitment to adopting effective measures to ensure sustainable development financing and to eradicating the financial divide in order to achieve the SDGs. At the same time, we believe that the civil obligation is not a legally binding document. The use in the text of terms and notions that have not been agreed by member states or that do not enjoy universal support within the UN do not give rise to legal obligations for states under international law. In this regard, Belarus distances itself and disassociates itself from paragraph 28, proposing global and national beneficial ownership registers, which poses a risk for confidentiality. And, um, we also maintain our right to interpret its provisions in line with our national priorities and legislative norms. I would like this position to be reflected in the record of the meeting. Thank you very much.

I thank the distinguished representative of Belarus. I now give the floor to the distinguished representative of Norway.

Thank you, Mr. President. Norway deeply regrets the decision today by the U.S. To call a vote on the endorsement by the GA of the outcome document of the 14th National Conference on Financing for Development. The document has already been adopted at the highest level by our heads of state and government on 30 June at a very successful conference for which we must thank our great host, Spain. Despite the vote today, the Compromiso de Sevilla sends a clear and timely message that the international community remains committed to financing the Sustainable Development Goals and upholding multilateralism, even in times of deep global uncertainty. Norway voted in favor of today's resolution, and we have been proud to co-facilitate the outcome document for FFD4 together with Nepal, Mexico, and Zambia, with indispensable support provided by DESA. But it was really the input and engagement of everyone— the Member States, the civil society, and a diverse range of stakeholders— that made this happen. We did this together. And must now together turn our attention to the implementation phase and to give our words real concrete meaning and impact. The Cotonou Commitment provides a shared framework to catalyze investments, address debt vulnerabilities, and reform the international financial architecture. We must use this framework to guide action, not only in this building, but in national capitals, financial institutions, and boardrooms across the world. President, this is an opportunity for concrete progress, not least on the following: continuing our support to reform the development cooperation architecture towards a more open, inclusive system based on equal partnerships; inclusive and effective international tax cooperation; supporting national tax capacity, anti-corruption, public finance, and statistical systems; and continued reforms of the multilateral development banks to enhance the voice of low-income countries And also to address debt vulnerabilities, in particular through the working group to propose guiding principles for responsible sovereign borrowing and lending. President, all our actions must be underpinned by gender equality and the rights of women and girls, not only as a matter of justice but as a catalyst for prosperity and development in all countries. The Compromiso de Sevilla is an important multilateral milestone. Let us work together to deliver the means and also the momentum to achieve the world we promised in Sevilla and again today. Norway will do its part. Thank you, President.

I thank the distinguished representative of Norway.

I now give the floor to the distinguished representative of Denmark who will speak on behalf of the European Union.

Thank you, Mr. President of the General Assembly, Excellencies. I have the honor to deliver this explanation of vote on behalf of the European Union and its member states. I would like to start by expressing our sincere appreciation and thanks to the Kingdom of Spain for hosting the 4th International Conference on Financing for Development in Sevilla from 30th of June to 3rd of July 2025. The conference, held at the highest level possible, was a resounding success by every measure, a clear sign of which was the active participation by more than 50 world leaders from 187 delegations, as well as business leaders and stakeholders from civil society, in the hundreds of events over the 4 days. Colleagues, The EU has repeated time and time again that the FFD4 process was about showcasing that multilateralism does and will continue to deliver. Sevilla proved that multilateral cooperation is still relevant. As the strong presence of the European leaders, including both EU presidents and numerous European heads of state and government and ministers, shows, multilateral cooperation to finance development has continued engagement and strong support of the European Union and its member states. We reiterate once again our engagement and support as we conclude today the final steps with the DAA adoption. The EU Member States have voted a resounding yes to the Sevilla Commitment. We congratulate and thank all those who have done the same and worked hard to achieve this milestone and look forward to working together in earnest in its implementation. In the meanwhile, we would like to put forward— put on record a few points where our views differ and we disassociate from the following 2 individual paragraphs of the document. First, from paragraph 50, for the following reasons. Since 2020, creditor countries have aimed to improve the efficiency and effectiveness of debt treatments. Although the process has been slow, an innovative approach to working together rather than bilaterally has been fostered. Restructuring agreements are now in place that involve almost 90% of all relevant creditors, for example, in Zambia and Ghana. Moreover, G20 members recently approved a process to improve the Common Framework, informed by recommendations from a G20 note on the lessons learned from the Common Framework's first cases, which benefited from direct discussions with African countries organized by the G20 Presidency. Existing mechanisms rely on the trust built up over the years between different classes of creditors through a complex process with the independence, expertise, and financing capacity of the IMF and the World Bank at its core. In a world of multiple actors and stakeholders, trust should not be jeopardized by non-consensual resolutions. We highlight the relevant risks that could result from the consequences of this decision, which would foster market uncertainty, reduce predictability, impact the cost of financing for countries, especially from the private sector. All in all, the proposed wording in paragraph 50 would lead to a duplication of existing debt frameworks, thereby complicating practices rather than improving them and running the risk of splintering and fragmenting the architecture rather than uniting it or filling gaps. All of this would hinder progress rather than promoting it, and this would certainly not be in the interest of the concerned low-income countries. Second, the group disassociates from paragraph 16 in this outcome document. Namely, we regret that paragraph 16, which is tackling climate issues, is not complemented with the principles set out in Article 2.2 of the Paris Agreement, which refers to equity and common but differentiated differentiated responsibilities and respective capabilities in the light of different national circumstances. Moreover, we would like to express the EU position regarding other elements of the text on climate financing. The EU and its member states are the biggest contributor of public climate finance for developing countries worldwide and reiterate the commitment to the continued delivery of our fair share as we are committed to achieving the objective of UNFCCC and the goals of the Paris Agreement. From the start of negotiations, the EU insisted on reasserting agreed language, especially from UNFCCC, the Paris Agreement, the latest COP29, and the new collective quantified goal. This, colleagues, is our agreed reference framework for international climate finance, and it will remain so. On that basis, we strongly regret and express disappointment with the impossibility to rely on this agreed language in climate change and environment parts, and more specifically, we would like to raise the following points. We would like to stress that the implementation of the NCQG requires engagement from all actors. It clearly emphasizes the need to mobilize climate finance from all sources, calling on all actors to work together. While Para 41 mentions the Baku to Belém Roadmap, it regretfully fails to address the mobilization of all actors to scale up financing from all public and private sources, and this is the only way we will achieve our ambitions. The reference to the ambition in mobilizing climate finance is also missing in paragraph 15, which will obscure its criticality and will not be consistent with the provisions of the Paris Agreement. The critical decade that we are facing must be strongly grounded in the best available science, particularly the findings of the Intergovernmental Panel on Climate Change, as agreed in previous COPs, and we fail to understand why it was deleted from paragraph 15. In paragraph 41, we would have preferred to have the agreed language from COP16 of the UN Convention to Combat Desertification. As it provides a broader donor base to address desertification, land degradation, and drought. Finally, the EU and its member states express their strong disappointment with the fact that the text lacks reference to UNOC III, a document adopted recently in Nice. We request that the EU's disassociation from paragraphs 16 and 50 and their rationale be included in the records of this meeting. I thank you.

I thank the distinguished representative of Denmark. I now give the floor to the distinguished representative of Palau, who will speak on behalf of the Alliance of Small Island States.

Mr. President, I have the honor to deliver this statement on behalf of the Alliance of Small Island States in explanation of its position. We align with the statement to be delivered by Iraq on behalf of the Group of 77 and China. EOSIS would like to once again congratulate the government and the people of Spain on successfully hosting the 4th International Conference on Financing for Development. We also acknowledge the leadership and efforts of all those who contributed to and played an instrumental role in convening, of FFD4 and reaching the outcome document of the conference, the Sevilla Commitments. Mr. President, the Sevilla Commitment is more than a political declaration. It is a concrete affirmation to address the deeply entrenched inequities and shortfalls in our international financial architecture, while also strengthening multilateralism and inclusivity where it is needed most. In the 30 years since SIDS were recognized as a special case for sustainable development our countries have endured repeated external shocks and crises that have severely constrained and, in some cases, reversed our development gains. Regrettably, the situation for SIDS has remained largely unchanged since Addis Ababa. Therefore, AOSIS welcomes that the Sevilla Commitment reaffirms what we have already known, that the special circumstances of SIDS must be fully recognized and operationalized across the international financial architecture. For AOSIS, the Sofia Commitment provides a renewed mandate to accelerate the implementation of the Antigua and Barbuda Agenda for SIDS, advance the Multidimensional Vulnerability Index as a tool for fair access to concessional finance, operationalize the Debt Sustainability Support Service to build lasting solutions, and recognize ocean finance as crucial to development. We are also particularly pleased to see the call to member states to refrain from promulgating and applying any unilateral economic, financial, or trade measures not in accordance with international law and the Charter of the United Nations. While AOSIS remains disappointed that we could not find agreement on an international debt convention or a sovereign debt mechanism outright, the Sevilla Commitment also leaves the door open for an intergovernmental process on debt and the opportunity to truly make a global sovereign debt architecture that is more inclusive and more development-oriented. Furthermore, a more nuanced reference to the issue of Financial Action Task Force standards and their unintended consequences, as well as the need to address the decline in correspondent banking relationships in SIDS, is welcomed. Mr. President, adoption of the Sevilla Commitment by the General Assembly today is only one of many important steps. Commitments must now be translated into action and action into impact. This will require steadfast partnership, predictable resources, and the political will to ensure that the entire Sevilla Commitment is realized. At the same time, AUSA stresses that the progress and urgent follow-up on the several key deliverables contained in the Sevilla Commitment is vital for We welcome ongoing efforts and discussions to support the implementation of the outcome. However, follow-up and advancing implementation must also be transparent, inclusive, and member-state-driven. As a key deliverable, EOSIS is dismayed to learn that key discussions on advancing the commitments on debt and debt sustainability, in particular the operationalization of the platform for borrower countries, have already not been sufficiently inclusive. It is of utmost importance that all deliverables of the Sevilla Commitment, including the Water Platform, are advanced in a manner that is inclusive and accessible to all developing countries, especially SIDS. Mr. President, AOSIS understands that the negotiations stretch all delegations to their maximum flexibility, including SIDS, who had set out to reach an ambitious and truly transformative global financing framework. So when we left the warm and beautiful city of Sevilla, we left with a sense of renewed hope and optimism, an optimism that the states would no longer sit on the sidelines of the international financial architecture, but participate fully as decision-makers in global economic and financial governance. AOSIS has every confidence that the United Nations and our partners will provide the meaningful support to achieve the vision enshrined in the Sevilla Commitment.

I thank you.

I thank the distinguished representative of Palau. I now give the floor to the distinguished representative of the Republic of Korea.

Mr. President, Excellencies, distinguished delegates, we welcome the adoption of the outcome document of the 4th International Conference on Financing for Development. The adoption of the Sevilla Commitment stands as a testament to our collective resolve to advance sustainable development financing and to ensure that no one is left behind. We hope that today's adoption will serve as a meaningful step forward, a solid foundation upon which the international community can build renewed momentum toward revitalized multilateralism. Lastly, while my delegation supports the outcome document, we are dissociating proceeding from paragraph 50F. We fully recognize the urgency of addressing debt vulnerabilities. However, we believe such issues are best addressed through existing mechanisms with established expertise. My delegation stands ready to continue our constructive engagement toward a successful implementation of FFF outcomes.

Thank you.

I thank the distinguished representative of the Republic of I now give the floor to the distinguished representative of Argentina.

Thank you, President. In relation to the adoption of the present resolution, A/79/L109, the Argentine delegation wishes to express the following explanation of vote. We recognize the work of the co-facilitators throughout the negotiating process. Seeking to bring together divergent visions in the outcome document of the civil conference. In and of itself, it is extensive, complex, and seeks to address a number of cross-cutting issues of the discussion on financing for development. Many of these goes beyond the remit of the United Nations. We also recognize the work of the co-chairs and the Bureau of the Preparatory Committee and and also the support from the Secretariat. We extend our thanks to the Kingdom of Spain and the City of Seville as the hosts of the conference. Argentina highlights that we participated actively and constructively in all fora seeking solutions that would satisfy all parties. President, Argentina reiterates The points made on the 17th of June at the closure of the 4th PrepCom. Argentina values a number of the contributions and highlights our sovereignty and national policy lines. The Republic of Argentina set out on a new policy strengthening the rule of law and investment opportunities, as well as our insertion in the global economy. On this path, the Argentine Republic has the aim of preserving guiding principles such as the protection of life, freedom, and private property. President, the Argentine Republic recalls that the 2030 Agenda for Sustainable Development is made up of legally non-binding aspirations that each state in the exercise of their own sovereignty can interpret and enact freely. Accordingly, Argentina reserves its national position on these aspects of the document and the references to climate change, gender, and those paragraphs that run counter to the guiding principles of the protection of life, freedom and private property. For the term gender, we hold its meaning to refer to 2 sexes, male and female. In reference to climate change, Argentina considers that we should limit ourselves to the scientific progress that is based on evidence without any kind of dogmatism. President Argentina values the inclusion throughout the text that is of interest to middle-income countries as expressed in the debates on financing for development. We also value the reference to CBDR given that this is a guiding principle for any debate about the environment and its financial component. We understand the implementation of these civil commitments must respect national and sovereign priorities for development established by each country, given that global goals may sometimes be rather distant from local ones. Interpreting these as a sovereign prerogative of each country, There should be no infringement of individual freedoms, and such arguments should not be used to restrict international trade in future. Tax alignment and international cooperation. We would urge care to be taken to avoid duplication as from other fora addressing these topics. In private financing, we highlight the role of the private sector in promoting development. It is useful to develop frameworks for work that allow us to unleash the potential of the private sector that has generated the things that are profitable for genuine development. We should promote foreign direct investment and investment in the private sector rather than restricting these. We appreciate the focus on SMEs in the outcome document. In the area of cooperation, we highlight the importance of this being aligned with the national priorities in each country and of respect for the sovereignty of each state. South-South and triangular cooperation are important and we must drive mechanisms for measuring development beyond GDP and especially think about the needs of middle-income countries. On international trade, The document helps to grant greater visibility to WTO negotiations and discussions. On the debates on agriculture mentioned in the document, we would have preferred the document to be more ambitious. For Argentina, it's essential that we have tangible results from the 14th Ministerial Conference, including modalities for all pillars on agriculture in order to ensure free trade and to help overcome the matters relating to food security. On debt, we value the joint efforts to make progress in a number of discussions on the sustainability of debt, recalling the importance of strengthening the concepts of macroeconomic national foundations. We recognize that all of these These debates are already occurring in a number of international fora and so we urge that we avoid duplication of human resources and other resources in tackling these. On the section on international financial architecture, we value and highlight the recent review of the policy of the IMF. On science, technology, and innovation, the Seville Commitment should focus on initiatives that make it possible to unleash the potential of innovation and technology. Overregulation, to the contrary, will limit innovation in the private sector, which should work the technology in which we should support instead of limiting. On the monitoring and follow-up of the document, we should ensure that the existing fora operate with efficiency even more broadly than the United Nations, and there is a need to address the efficiency agenda while avoiding reduplicating mandates, effort, work. The Argentine delegation supports this negotiating process and has done so constructively, but we do have reservations on a number of issues, including the overall narrative that does not necessarily promote fiscal discipline, efficiency in public spending, and macroeconomic stability that is needed by countries in order to achieve development. And in this regard, I feel that capitalism is the best tool that we have to achieve development for countries, to put an end to hunger, poverty, and misery across the planet. I thank you, President.

I thank the distinguished representative of Argentina. I now give the floor to the distinguished representative of Maldives.

President, the Maldives aligns with the statement delivered by Palau on behalf of the Alliance of Small Island States and the statement to be delivered by Iraq on behalf of the Group of 77 and China. We congratulate the government and people of Spain for successfully hosting the 4th International Conference on Financing for Development in Sevilla and reiterate our sincere appreciation for the warm welcome and hospitality that was extended to us. The Sevilla Commitment reiterates what we have always advocated, that more financing is needed to ensure sustainable development that leaves no one behind. We had hoped for stronger language on debt and debt sustainability. We would have liked to see the document provide concrete solutions. However, we do not see this as an obstacle, but rather a springboard from where we can launch even more ambitious efforts to address debt sustainability. This is why we voted in favor of this resolution today. We see the severe commitment as a call for innovative new solutions, such as mechanisms for debt relief for resilience building that the Maldives has been developing. Such mechanisms will reward countries for their investments in building resilience by providing debt relief in the form of reducing interest rates on debt service repayments or by forgiving a portion of debt in relation to the investment in resilience. These mechanisms do not create new debt. Rather, they provide the fiscal space necessary for states to invest in building their capacity and to achieve sustainable development. We remain confident that in the decade ahead, we will be able to find even more innovative solutions, including finalizing an international debt convention in our efforts to find a sustainable and long-term solution to the scourge of unsustainable debt. I thank you.

I thank the distinguished representative of Maldives and I give the floor to the distinguished representative of Iraq who will speak on behalf of the Group of 77 and China.

Mr. President, I have the honor to deliver this explanation on position on behalf of the Group of 77 and China. At the outset, I would like to express our sincere gratitude to the co-facilitators for their tireless effort and for guiding us through a transparent, inclusive, and line-by-line negotiation process that enabled us to achieve this outcome. We also wish to extend our appreciation to the co-chairs of the Preparatory Committee for their dedicated leadership in steering the preparatory phase. Finally, the Group conveys its deep gratitude to the Government and people of Spain for generously hosting the International Conference on Financing for Development in Seville, and for the warm hospitality extended to all delegations. Mr. President, the Group supports the adoption of the outcome document. While it is not a perfect reflection on all our priorities, it does represent a forward-looking and constructive step in many critical areas of financing for development, particularly for the Global South, to address the financing gap, advance the reform of international financial architecture, and to accelerate the achievement of the 2030 Agenda. The Group is pleased that the document confirms that there is a $4 trillion financing gap and that it commits to take concrete actions to close this gap with urgency by providing and mobilizing additional innovation— innovative, adequate, affordable, predictable, and accessible financing for developing countries. On the global financing framework section, the Group highly appreciates the inclusion of the reference to the principle of Rio Declaration on Environment and Development. And particularly principles of CBDR, as well as the acknowledgement of right to development principle, which are foundational for financing for development. At the same time, however, the Group regrets the omission of the previously agreed commitment to leave no country or person behind, a guiding principle under the FFD framework that we believe must continue to guide us all. The domestic public resources action area— the document offers a balanced and enabling framework that values both countries' ownership and international cooperation. It rightly recognized that international tax cooperation must evolve to reflect the realities of developing countries, particularly LDACs, LLDCs, SIDS, and MICs, as well as those in conflict and post-conflict situations. The reaffirmation of national sovereignty in fiscal policymaking further strengthened this section. On private sector finance, Infrastructure and renewable energy is timely and relevant. We also appreciate the language reaffirming the positive role of migrants and remittance and the importance of reducing transition costs while maintaining that these are not substitutes for ODA and FDI. The support for domestic capital market development through innovative and thematic instruments, project pipeline building, and guarantees through MDPs to catalyze private finance are also notable achievements. On international development cooperation, we welcome the reaffirmation of ODA as a central pillar of international development cooperation, as well as the commitment to increase grants. This requires renovating the development cooperation architecture that honors country ownership and leadership, with a strong focus on results, inclusive partnership, transparency, and mutual accountability, recognizing the complementary role of all actors at all levels. The Group values the reaffirmed central and coordinating role of the United Nations in international development cooperation and the commitment to revitalize the Development Cooperation Forum. We also highlight the Group's flexibility in referencing the upcoming OECD-DAS review process and call for what processes to be inclusive, transparent, and responsive to developing countries' concern with its recommendations to be presented within the UN framework. While the Group deeply regrets the omission of explicit reaffirmation of climate finance obligations under the UNFCCC and the Paris Agreement, and on an explicit reference to the CBDR-RC as a guiding principle On climate action, we appreciate the balanced approach taken in the climate finance section, avoiding reinterpretation of COP decisions. On trade, we welcome the call to Member States to reaffirm from prolonging and applying any unilateral economic, financial, or trade measures not in accordance with international law and the Charter of the United Nations that impedes the full achievement of economic and social development, particularly in developing countries. The Group reiterates that all unilateral coercive measures must be eliminated if we aim to achieve an international economic order that promotes development and economic growth. At the same time, we regret that key priorities of the group were not retained in the final text, including reference to non-tariff measures, the negative development impact of environmentally motivated unilateral trade actions, and our proposal on investment agreement reform aimed at aligning international investment framework with the Sustainability Development Goals. The removal of language inviting ECOSOC to examine the impact of unilateral measures is also a missing opportunity— a missed opportunity for multilateral reflection and accountability. On systematic issues, we welcome the reaffirmation of the need to enhance the voice and representation of developing countries in IFIs and regret the persistent soiled approach— soiled approach— siloed approach that undermined the UN's critical role in sustainable development and global economical governance.

Thank you.

For developing countries facing crisis. We note the progress on financial regulation, particularly on credit rating agencies, and hope that the agreed special meetings will lay the foundation for more concrete multilateral initiatives. We also expect the forthcoming ECOSOC report to risk to risk weightings to trigger substantive decisions toward removing regulatory barriers to invest in developing countries. We commend the recognition of SDIs' vital role in bridging the financial— in bridging the financing and digital divides. We stress the need for scaled-up finance of SDIs to match the ambition expressed in this document and to provide developing countries with agility to address future challenges. We also welcome the robust set of deliverables that build upon the ADC's Addis Ababa Action Agenda, acknowledging that while greater ambition was needed, this document should be seen as a foundation for further action not a ceiling. Group of 77 and China has negotiated in good faith throughout the process. We commend all delegations for their constructive engagement and flexibilities exhibited through the process. We therefore stress the need for us to avoid goal-shifting, misrepresenting references, and the creation of unilateral package, as this only serves to undermine the multilateral spirit of progress— of processes. In conclusion, while the Group of 77 and China is pleased to join the consensus on this outcome document, we recognize it is an important first step forward, and therefore we call for all— for its full, effective, timely, and balanced implementation. The deliverables must be translated into concrete action on the ground, and our collective efforts must continue to strengthen the Finance for Development agenda in support of developing countries. Thank you.

I thank the distinguished representative of Iraq. I now give the floor to the distinguished representative of Saudi Arabia.

Mr. President, at the outset, the Kingdom aligns with the statement provided by Iraq on behalf of the G77 and China and are delivering the following in our national capacity. The Kingdom of Saudi Arabia wishes to express its appreciation to the government and people of Spain for hosting the 4th International Conference on Financing for Development. Additionally, we thank the facilitators of the negotiations on the outcome document. We recognize the considerable efforts invested in navigating complex discussions and commend their commitment to forging consensus across a broad range of views. While the Kingdom voted in favor of the text in recognition of the immense efforts that went into producing this document, we continue to hold serious concerns. These concerns are substantive in nature and touch on matters of national policy space, interpretive clarity, and the integrity of the international process. The Kingdom of Saudi Arabia therefore disassociates from the following: On paragraph 27, the Kingdom reserves its right to interpret this paragraph in such a way that the taxation of international resources is performed only at the national level to optimize domestic revenues with no prejudice to specific sectors of the economy. On paragraph 27, the Kingdom of Saudi Arabia has raised concerns over the detailed listing of policy instruments. With full respect to national sovereignty and national laws and regulations, these fiscal policy options may be considered within the broader practice of national fiscal planning, which considers competing national priorities. On paragraph 34, the Kingdom of Saudi Arabia would like to register that sustainability is defined within national frameworks, practices, and approaches, consequently applies to what constitutes greenwashing and impact washing. In the absence of internationally agreed-upon definitions, National frameworks shall guide the interpretation and implementation of such terms. On paragraph 50, the Kingdom has consistently demonstrated its commitment to addressing debt distress through active engagements across multiple global platforms. Saudi Arabia has been leading in introducing and supporting international debt relief measures, including the Debt Suspension Initiative and the rolling out of the G20 Common Framework. Furthermore, the Kingdom continues to participate in global discussions, striving to strike a fair and balanced approach that reflects the diversity of perspectives and development contexts. However, the presented language presents several serious concerns. On paragraph 50A, the specifics in the text oversteps the process of the Common Framework, which is subject to its creditors committee. Incorporating temporary suspensions of debt service by borrower countries is not within the scope of the Common Framework. The DSSI provided temporary suspension of debt service payments, while the Common Framework aims for a more comprehensive and lasting debt restructuring. Encouraging the incorporation of temporary suspensions will only create negative incentives for applying the Common Framework, prolonging the process of reaching a debt treatment agreement among official and private creditors and borrowers. On paragraph 50F, we have existing— we have an existing inclusive mechanism and the common framework, and efforts should focus on strengthening its implementation further to avoid duplication of efforts and not retreat from progress made. On paragraphs 51A and B, the Kingdom would like to highlight that the debt and credit rating agencies have established conventional rating practices practices that are universally accepted. In contrast, many sustainability rating practices are immature, with some producing skewed assessments due to biased indicators that fit— that continue to fail to reflect diverse national approaches to sustainability and climate action. On this basis, we consider the references in these paragraphs to apply strictly to debt and debt sustainability. On paragraph 53, The Kingdom of Saudi Arabia would like to express concern regarding the reference to increasing basic votes. Any increase in basic voting shares would have implications for overall governance. Such actions could also trigger more sensitive discussions about who would be disadvantaged by the rise in voting shares. Furthermore, it could erode the fundamental quota-based nature of the IMF, which underpins its governance and resource mobilization framework. We therefore stress the importance of the full implementation of the IMF Board of Governors Resolution No. 66-2 from the 14th General Review of Quotas in 2010 and to honor the commitments within. We ask that this statement to be included in the report of the meeting. Thank you.

I thank the distinguished representative of Saudi Arabia. I now give the floor to the distinguished representative of Pakistan.

Thank you, Mr. President. Allow me to begin by expressing my delegation's sincere appreciation to the 4 co-facilitators: Mexico, Nepal, Norway, and Zambia. for the dedication with which they led the negotiation process for the outcome document. We would also like to reiterate our gratitude to Spain for their warm hospitality in hosting the conference, as well as to UN DESA for its consistent support throughout the process. Pakistan aligns itself with the statement delivered by Iraq on behalf of the G77 and China and would like to add the following remarks in our national capacity. The outcome document before us, while not perfect, represents a balanced, ambitious, and action-oriented foundation on which we can collectively scale up efforts to bridge the SDG financing gap. Looking ahead, we support an inclusive and member-state-led process for implementing the key deliverables of the outcome document, including: First, the convening of the ECOSOC Special Meetings on Financial Integrity and Credit Rating Agencies under the leadership of the President of ECOSOC. Second, the revitalization of the Development Cooperation Forum. Third, the establishment of an institutional home within an existing facility to strengthen and systemize liquidity and debt management support for developing countries. Fourth, scaling up lending by the MDBs with the view towards tripling it, as well as designing an SDR playbook at the IMF. Fifth, the creation of the Borrowers' Forum. In this regard, we underscored that the process for its establishment must be borrower-led and owned. The Forum should be easily accessible for all borrowing countries and reflect their collective ownership and priorities. We look forward to closely collaborating with other countries as well as with UNCTAD as we move forward towards the forum's establishment. Lastly, the initiation of an intergovernmental process under the UN to address gaps in the debt architecture. We also welcome the many initiatives launched under the umbrella of the Sevilla Platform of Action, in particular the Debt Swaps for Development Hub. We look forward to their early operationalization. Mr. President, we take this opportunity to reiterate our delegation's concerns that during negotiations the issue of climate finance became one of the most contentious. We oppose any attempts to reinterpret existing commitments under the UNFCCC and its Paris Agreement. On debt, we stress that our preference had been for a multilateral sovereign debt mechanism. However, we have chosen to support the compromise reflected in the final text and hope that other delegations can join in supporting the eventual initiation of the intergovernmental process on debt. In conclusion, Pakistan reaffirms its full willingness to work with all delegations for the accelerated implementation of Compromiso de Sevilla. Thank you.

I thank the distinguished representative of Pakistan. I now give the floor to the distinguished representative of Turkey.

Thank you, Mr. President. At the outset, we wish to express our gratitude to the co-facilitators from Zambia, Norway, Nepal, and Mexico for their invaluable contributions to this process. We also extend our appreciation to the co-chairs from Burundi and Portugal for their leadership. We further would like to convey our sincere thanks to the Kingdom of Spain for graciously hosting the 4th International Conference on Financing for Development, as well as the United Nations for its continued support. In fact, the conference has been convened at a very pivotal juncture in our collective efforts towards achieving SDGs. We are in a period where we are confronted with an existential challenge to the very foundations of multilateralism, which must uphold universal values and fundamental human rights. Deepening inequalities, escalating conflicts, and rising geopolitical tensions are all endangering the global development prospects. Regrettably, only 18% of the SDGs are on track to be achieved by 2030. The issue of financing the SDGs continues to be the most pressing challenge. Yet, the significance and urgency of the SDGs remain paramount. Under these challenging circumstances, we were very much pleased with the adoption of the Sevilla Commitments by consensus by our leaders at the conference. We would have expected this important document be adopted by consensus today at the UN General Assembly as well. In any way, we consider this document as a visionary agenda for the future of development finance. Mr. President, in our commitment to achieving a consensus-based text, Turkey has demonstrated utmost flexibility throughout the negotiation process. Considering the critical importance of harnessing the science, technology, and innovation in ensuring sustainable development, of the countries in vulnerable situations. We highly welcome the reference in the Sevilla document to the UN Technology Bank for LDCs and the call for member states, as well as international organizations, foundations, and the private sector to provide increased voluntary financial contributions and technical assistance to the bank. While we may not fully endorse certain elements of the Sevilla commitments, Turkey has chosen to support the text as it is in the interest of advancing the SDGs, and accordingly, we have voted in favor of the text today. In the meanwhile, Para 28 of the Sevilla Commitment was not drafted in the way Türkiye can support. For that reason, Türkiye would like to disassociate herself from Para 28. Taking into account the fact that the implementation of a global beneficial ownership registry, as noted in Para 28, may pose data security and confidentiality risks, the jurisdictions should endeavor to develop beneficial ownership registries within their respective legal frameworks and continue to share such information in accordance with the context and limitations of existing international legal instruments. As a developing country and a steadfast partner in South-South cooperation, we stand ready to implement the Sevilla Commitment in alignment with our national circumstances and capacities, with the ultimate goal of achieving the SDGs both domestically and globally. Thank you.

I thank the distinguished representative of Türkiye. I now give the floor to the distinguished representative of Liechtenstein.

Mr. President, Liechtenstein thanks Spain for the successful organization of the 4th for Development Conference earlier this year, where participating delegations sent a strong signal for effective multilateralism with the consensual adoption of the Sevilla Commitment. We regret that said consensus could not be found today. Liechtenstein voted in favor of the resolution endorsing the Sevilla Commitment, recognizing the need to strengthen international cooperation, close financial and investment gaps, steps, advance sustainable development, and rebuild trust in global partnerships and multilateralism. In order to enhance efficiency and avoid further duplication and fragmentation, we would like to emphasize the importance of building on existing solutions. We remain concerned about proposals that seek to create new processes or dialogues, particularly on international financial institutions and debt when relevant mechanisms already exist. These existing processes are not stagnant, but they can and must be improved collectively to better deliver on our shared commitment to the Sustainable Development Goals. We furthermore also note that the reference to common but differentiated responsibilities does not reflect currently agreed language in paragraph 16 and should be complemented by the principles set out in the Paris agreement. I thank you.

I thank the distinguished representative of Liechtenstein. I now give the floor to the distinguished representative of Canada.

Thank you, Mr. President, and good afternoon, Excellencies and colleagues. I'd like to begin by extending our appreciation to the government of Spain for its leadership and hospitality in hosting the 4th International Conference on Financing for Development and commend it for the launch of the Seville Platform for Action. We would also like to thank Nepal, Mexico, Norway, and Zambia for their exceptional co-facilitation of the outcome document, as well as Burundi and Portugal for their leadership as co-chairs of the FDD4 Bureau. Canada was pleased to announce its SPA initiative to establish a new set of common principles on private capital mobilization for sustainable development. The common principles will serve both as a call to action and a roadmap for how best to mobilize private capital. I thank our British and German partners for their co-leadership of this initiative as well as others for their endorsement. We are optimistic that the SPA initiatives will allow us to maintain forward momentum and, more importantly, deliver meaningful results. However, it is essential that their implementation avoids duplication and fragmentation. Coordination, coherence, and complementarity with existing efforts efforts will be key to their success. Its adoption at the General Assembly today marks a pivotal moment in our collective pursuit of sustainable development and is a testament to the enduring value of multilateralism. Nonetheless, we feel compelled to reiterate that while Canada voted in favor of the Compromiso de Sevilla, we have outstanding concerns with the proposal outlined in paragraph 50. This proposal seeks to create new processes, encroach on institutional roles, and undermine important efforts that have already been undertaken. As such, Canada reaffirms its disassociation from this text and requests that our statement be reflected in the records. As we move forward, Canada is committed to working collaboratively with partners to ensure the Compromiso de Sevilla and complementary SPA initiatives are translated into concrete action, measurable impact, and lasting change. I thank you.

I thank the distinguished representative of Canada. I now give the floor to the distinguished representative of Brazil.

Thank you, Mr. President. Brazil aligns itself with the statement made by the Chair of G77 and would like to make the following remarks on our national capacity. I thank you, Mr. President, for submitting this resolution and the Government of Spain for its generous leadership as host of the FFD4 Conference. I also convey Brazil's sincere appreciation to the co-chairs of the Preparatory Committee, Portugal and Burundi, for their able stewardship, and to the co-facilitators, Mexico, Nepal, Norway, and Zambia, for their tireless, creative, and impartial guidance throughout demanding negotiations. In the current circumstances, the Compromiso de Sevilla is a meaningful achievement for all member states. It shows that even at a time of crisis, multilateralism can deliver consensus. We must be frank, however. The outcome has not translated into the significant increase in resources required to bridge the financial gap and placing the SDGs within reach. After a 7.1% decrease in 2024, ODA is projected to fall by 40% in 2025, with no fewer than 9 donors announcing reductions. At the same time, global military expenditure rose 9.4% last year to an unprecedented $2.7 trillion, up 37% since 2015 and now at the highest per capita level since 1990. Debt pressures are also mounting. According to UNCTAD, developing countries' debt servicing reached $1.4 trillion in 2024. In 54 countries, more than 10% of tax revenue is absorbed by interest payments, crowding out investment in health, education, food security, and poverty reduction. Today, the poorest countries receive around $200 billion per year in ODA, but pay 7 times more in debt service. This negative net transfer from the capital-scarce South to the capital-abundant North is ethically unacceptable and economically unsustainable. Brazil would like to invite governments and civil society to join the SPA on taxing the super-rich launched in Seville by Brazil, Spain, and South Africa. Mr. President, we must urgently restore solidarity and economic justice to our deliberations and decisions. As Brazil prepares to host COP30, we hope to carry forward the constructive spirit of Seville and help deliver concrete results that mobilize the means of implementation necessary to achieve our shared climate and development goals. We count on all member states to achieve such a critical goal. I thank you, Mr. President.

I thank you, distinguished representative from Mexico.

The civil commitment adopted at the 4th International Conference on Financing for Development as co-facilitator together with Nepal, Norway, and Zambia, Mexico participated actively in the creation of a balanced and representative document, the outcome of an open and transparent process. During this, we heard the voices and priorities of all countries. The result is an ambitious text that is action-oriented, and that effectively addresses the challenges, the characteristics of the global outlook. It is with great difficulty that we could imagine even more uncertain times in which to try and make progress towards building a world with greater well-being and less inequality for all. The global trade system is under threat. The globalization that was pretentiously assumed by economists for so long is now— seems to be falling apart. The constant impacts of climate change, the risks induced by new technologies, the shift towards authoritarianism in a number of regions of the world. All of this sketches out a world in turmoil. In this context, Mexico considers that the civil commitment emerges as a catalyst of financing for developing and sets out a roadmap for consolidating an international financial system that is more inclusive and effective, that is able to mobilize the resources that are necessary in order to implement the 2030 Agenda and tackle the structural challenges that our economies are facing. Mexico especially values the incorporation into the text of concrete measures such as the following. Firstly, the strengthening of the international financial architecture from a perspective of equity and sustainability. Secondly, driving international fiscal mechanisms that are transformative to broaden fiscal space and reduce asymmetries. Thirdly, to promote more just and effective access to financing for all countries. And fourthly, supporting sustainable investment through the strategic use of financial instruments. We regret that at this session it was not possible to maintain the consensus that was reflected at the 4th preparatory conference and the— under FFD4 itself. However, this lack of consensus does not weaken the civil commitment Rather, it reflects the complexity of the world we face, but it also reveals the true commitment of the majority of states, that is, to continue working together in order to find collective solutions that can address the aspirations of our nations. The true value of the Seville Commitment lies not in its adoption but rather in its implementation, in cooperation between regions, in the mobilization of resources, and in the construction of an international financial architecture that is more just and more effective. Through this agreement, We are reaffirming the importance of revitalized multilateralism and we are strengthening the principles of shared responsibilities and we are making progress towards more inclusive long-term development strategies. Mexico is grateful to member states, to the Secretariat, of the United Nations and to the many stakeholders involved for their commitment to this process. We reiterate that we stand ready to work closely in the implementation of the commitments undertaken in Seville. Let this momentum towards renewed multilateralism remind us that our collective effort is the greatest strength that we have when faced with any challenge. I thank you.

I thank the distinguished representative of Mexico. I now give the floor to the distinguished representative of Japan.

Thank you, Mr. President. Japan expresses Japan expresses its deep appreciation to Spain for hosting a successful conference of FFD4, and Japan pays tribute to the co-facilitators for their truly outstanding efforts in bringing together the Selluja commitment. We also extend our sincere appreciation for the excellent coordination by the co-chairs of the preparatory committee. Emphasized the importance of domestic resource mobilization and private finance mobilization, as well as key sectoral areas such as disaster risk reduction, universal health coverage, peacebuilding, and education. So we highly appreciate that these priorities have been reflected in the Cebuja commitments. However, Japan, together with other like-minded countries, must express deep concerns with regard to debt issues in this document. Japan has been objecting to the proposal for initiating a new intergovernmental process at the UN as it would make the debt architecture more complicated and it will not be an effective solution for debt resolutions. Instead, we should focus our efforts to improve the existing mechanisms and particularly the G20 Common Framework. Therefore, regrettably, Japan must dissociate from paragraph 50 of the Cebuja Commitment. We will kindly request this position to be reflected in the report of the meeting. Nonetheless, this dissociation does not preclude Japan's engagement with the intergovernmental process as a whole. Japan will closely monitor the process going forward while carefully assessing its future engagement. We will continue to contribute to the Code coordinated implementation of the G20 Common Framework. In closing, Japan remains firmly committed to achieving the SDGs and protecting human dignity through the human security approach. I thank you.

I thank the distinguished representative of Japan. I now give the floor to distinguished representative of Paraguay.

Thank you very much, President. Paraguay aligns itself with the statement delivered by Iraq on behalf of the G77 and makes the following statement in its national capacity. Firstly, we wish to express our thanks to the co-chairs of the preparatory committee, Portugal and Burundi, and also the co-facilitators of the outcome document of the conference, Mexico, Nepal, Norway, and Zambia for their dedication and tireless work. We value their stewardship and the spirit of collaboration that they fostered throughout the process. We are also grateful to the Kingdom of Spain for their commitment in hosting the 4th International Conference on Financing for Development and for their efforts undertaken taken to ensure its success. President, my delegation wishes to take this opportunity to highlight a number of elements in the Seville Commitment and highlight the position and perspective that we see following adoption of the agenda by the preparatory committee in terms Share but differentiated responsibility are fundamental and especially sensitive, and they were essential for striking a balance and international consensus in the area of climate change. In this regard, Paraguay understands that the reference to climate actions aimed at achieving the goals of the reference should be taken together with the guiding principles of climate action, ensuring fair implementation that adequately reflects the historically differentiated responsibilities between developing and developed countries. In terms of the chapter on international cooperation for development, we note that while emphasis is placed on the need to step up climate action and raise the level of ambition, there is no explicit reference on increasing the means of implementation for developing countries. We consider that in order to achieve a more balanced approach, it would have been more consistent for greater demands together with the greater responsibilities for developed countries in terms of support. Also, in the section on fiscal systems and specifically on On taxation for natural resources, we feel that decisions here and any decisions relating to tax policy in general, these are a sovereign prerogative that should be exercised according to the internal legal framework of the country. On trade and the section on measures that restrict or distort trade, It is my delegation's understanding that the constructive discussion that is referred to in paragraph 43 on measures adopted, including unilateral measures, should be focused on the negative impacts of climate change on developing countries and their sustainable development. This debate should not become a forum justifying these measures. Our approaches are not consistent with international agreements and international environmental frameworks as well as the rules of WTO. By way of conclusion, we call for implementation of the Seville Commitment in a way that is consistent with the commitments and obligations, the international ones that have already been undertaken, given the specific specific needs of developing countries. I thank you.

I thank the distinguished representative of Thank you, President of Paraguay.

I now give the floor to the distinguished representative of China.

President, China congratulates— China supports Iraq's statement on behalf of G77 and China. China congratulates Spain on successfully hosting the 4th International Conference on Financing for Development, supports of the Seville Commitment and stands ready to work closer together with all countries in implementing the consensus therein to galvanize the achievement of the 2030 Agenda. China wishes to make the following explanatory remarks on some elements of the outcome document. First, the debt issue. China attaches great importance to alleviating China has been working on alleviating developing countries' debt burdens actively. As the largest contributor to the G20 Debt Service Suspension Initiative and the Common Framework for Debt Treatments, China has actively supported the countries concerned in tiding over their debt challenges through inter-railway bilaterally negotiated restructuring. A comprehensive reform of the multilateral debt treatment mechanism and reiterates that an effective mechanism should be able to fully motivate and mobilize all parties, balance their rights, interests, and responsibilities, and achieve common action and fair burden sharing among them. As major creditors of developing countries, multilateral institutions should actively participate in debt restructuring. Creditor and debtor countries should be given a bigger voice. The criteria for comparing creditors should be strengthened and improved, and deep-rooted institutional mechanisms be properly addressed. Second, illicit financial flows. China supports the contributions of individuals and entities outside the public sector to the fight against corruption and related illicit financial flows, and believes that such efforts should be consistent, fully consistent with the legal frameworks of each country, while emphasizing that embezzled public assets should be repatriated with no strings attached. Third, foreign aid. China stresses the primacy of North-South cooperation in international development cooperation and urges developed countries to increase their assistance to developing countries. South-South cooperation complements rather than substitutes North-South cooperation, and it is not appropriate to require developing countries to make obligatory foreign aid commitments. Foreign aid should cater to the realities and actual needs recipient countries, and no rigid uniform ratios should be set for specific areas of assistance. At this stage, conditions are not yet ready to apply the voluntary framework for measuring South-South cooperation to developing countries across the board, and China is ready to work with other countries to delve deeper into the rationale, robustness, and applicability of the framework. China will submit the full written version of our statement following this meeting and request that our statement be reflected in the meeting's records in its entirety. Thank you, President.

I thank the distinguished representative of China. I now give the floor to the distinguished representative of Cuba.

Thank you very much, President. Thank you, Mr. President. My delegation aligns itself with the statement delivered by Iraq on behalf of the G77 and China and by Palau on behalf of AOSIS and wishes to make the following remarks in our national capacity. The Seville commitment, which we welcome, seeks to reinvigorate our collective commitment to multilateralism even as developing countries are facing a financing gap of more than $4 trillion. However, the discreet consensus referred to in the document shows that in recent years positions running counter to genuine development of the South have become even more entrenched. 10 years after the 3rd International Conference on Financing for Development, we made it to Seville against a backdrop of an extremely complex world marked by wars and threats of war, a world where international law and multilateralism is threatened, where the utility of the United Nations is called into question and the Sustainable Development Goals are repudiated by the very host country of this organization, a world where a profoundly unjust, undemocratic, and exclusionary international order prevails. And where it has been announced without a hint of hesitation that official development assistance, ODA, will continue to decrease while spending on the arms industry increases. The abrupt withdrawal of the United States from the negotiating table and its indifference to the document we are adopting today demonstrates its contempt for multilateralism and its irresponsible abandonment of the historic commitments made in the field of financing for development which are essential in terms of tackling the current complex international environment. The noble goal of the United Nations to bring an end to war is still in force today, but we cannot think of peace or the enjoyment of human rights without first guaranteeing the right to development which has been denied for decades to a large part of humanity. In this context, Next, how can we understand the fact that banks are rescued in a matter of hours but that the minimum commitments that were made when approving the 2030 Agenda for Sustainable Development will not be fulfilled due to a lack of financing? How are we to rationalize the elimination of the financing essential for the survival of the Palestinian people who are victims of a genocide? The Seville Commitment provides us with an opportunity to answer these longstanding questions, but it requires determination, commitment, and political will, especially on the part of developed nations. The fierce opposition to our claims is what keeps the colonial yoke of foreign debt in place. What was achieved in Seville is a timorous step towards the establishment of a multilateral mechanism for negotiating sovereign debt, which would allow for fair, balanced, and development-oriented treatment. Nor is progress being made as required in the reform of international financial institutions. It is time to recognize that developing countries are not looking for handouts. We are demanding fair and inclusive treatment. It has been a battle to include the call for the elimination of unilateral coercive measures which hinder the development of countries suffering under them, such as the unjust and illegal blockade that the United States has imposed on Cuba continuously for more than 60 years. We cannot delay any further concrete actions that result in the end of these measures and that are a violation of the UN Charter and international law. Instead of denying the right to development for millions of people by imposing these unilateral measures, the United States should commit to the basic principles of multilateralism and honor its commitments to financing for development. Climate change is another of the great historic responsibilities that the developed countries owe the rest of the world, even more so today with the needs of developing countries in terms of climate finance rising to some $1.3 trillion per year. Humanity needs more solidarity and more international cooperation. We need a world where respect for sovereignty, independence, and self-determination of peoples, and the Charter of the United Nations prevails, where mechanisms of coercion are not allowed to proliferate, such as the illegitimate and arbitrary list drawn up by the U.S. government of alleged state sponsors of terrorism, or the shameless and unjustified campaign to discredit Cuban medical cooperation as it is currently engaged in. Cuba will never abandon its commitment to the just causes of the world, the right to development, and the willingness to take our solidarity aid where it is most needed. I thank you.

I thank the distinguished representative of Cuba. I now give the floor to the distinguished representative of Singapore.

Thank you, Mr. President. Singapore aligns with the statements delivered on behalf of the Group of 77 and China and AOSIS. We commend the co-facilitators for their exceptional stewardship and thank Spain for its hospitality and successful hosting of the FFD4 in Seville. The adoption of the Compromiso de Sevilla is a significant milestone. This document provides a concrete roadmap to enhance developing countries' voice and representation strengthening the global debt architecture, and scaling up affordable long-term financing for sustainable development. In essence, it is a win for pragmatic multilateralism. It demonstrates that despite our divergent perspectives, Member States are still able to come together to find common ground and advance a collective development agenda. As we commemorate the 80th anniversary of the United Nations, The adoption of the Compromiso de Sevilla reaffirms the indispensable role the UN continues to play in fostering inclusive global economic governance. The true measure of success, as we have heard from many Member States today, will lie in the implementation of this ambitious package of reforms and deliverables. This will require commitment and sustained international cooperation, including with international financial institutions, and development partners. It will also demand strong political will domestically to undertake necessary policy changes and strengthening our own institutions. At a time when the UN is undergoing critical reform itself, in implementing the Compromiso de Sevilla, the UN system must also work synergistically and ensure coordination between its entities. It must identify areas where comparative advantages lie reduce duplications or competing mechanisms, and most importantly, communicate in a clear and transparent manner so that we are all on the same page. Looking forward, Singapore would welcome greater clarity on how Member States and the UN system can work together to deliver on these mandates, such as clarifying the distinct function, objective, and role of each deliverable, particularly where there are many on the same issue. such as on debt sustainability. This would help avoid unproductive or circular discussions that can detract from pragmatic and tangible progress. I thank you.

I thank the distinguished representative of Singapore, and I give the floor to the distinguished representative of Nepal.

Thank you. Thank you, Mr. President. Excellencies, distinguished delegates, dear colleagues, Nepal aligns itself with the statement delivered by Iraq on behalf of the Groups of 77 and China. I deliver this remark in my national capacity. Mr. President, Nepal is proud to have served as one of the co-facilitators of the Compromiso de Sevilla, along with Mexico, Norway, and Zambia. I would like to thank the co-chairs and the bureau members of the preparatory committee of the conference for their full support. We deeply appreciate the member states, groups, and stakeholders for their confidence and trust on Nepal and the full support they extended to us for co-chairing the drafting of the FFD4 outcome document. We wish to have this opportunity to express our deep appreciation to Spain for hosting the conference as well as for the excellent arrangement and generous hospitality. We also appreciate the Secretary-General, His Excellency Mr. Guterres, and USG Mr. Lee Jun-hwa, as well as his entire team for their hard work, dedication, and support to us during the process. Mr. President, Excellencies, distinguished delegates, Compromiso de Sevilla, which we endorse today, reflects our best efforts. We firmly believe that it responds to the major challenges we face today and that it will deliver, in face of significant obstacles, a real boost to the SDGs and to multilateralism. We know that reaching consensus on many of the contentious issues on the financing agenda is far from easy. We are indeed grateful for the strong support and constructive engagement of the member states, groups, and stakeholders to forge the consensus and build convergence. We highly commend their unparalleled and extraordinary flexibility during the negotiations of this outcome document. In the spirit of compromise and with a shared commitment to deliver on our global goals, catalyze investment, and close the SDG financing gap, we are confident that Compromiso de Sevilla will deliver. We must now focus on the effective implementation of Compromiso de Sevilla. I thank you.

I thank the distinguished representative of Nepal. I now give the floor to the distinguished representative of Bangladesh.

Thank you, Mr. President. It is critically important that we invest. In our shared future. To that end, opportunities like the FFD4 come few and far between, and my delegation congratulates all member states for making the most out of this occasion. Bangladesh aligns itself with the statement delivered by Iraq on behalf of the G77 and China. In this historic moment, we once again extend our deep appreciation to the co-facilitators Mexico, Nepal, Norway, and Zambia for their tireless efforts, extraordinary dedication, and transparency in the whole process. We also thank the Kingdom of Spain for graciously hosting the conference, as well as the co-chairs of the preparatory process, Burundi and Portugal, for steering the process with utmost sincerity, and skill. The Secretariat also deserves our recognition for its outstanding support. Bangladesh takes pride in having been part of this journey with our sustained engagement over many months, particularly on priority issues including but not limited to debt sustainability and combating illicit financial flows. From the perspective of my country and that of many of the LDCs, this outcome document embodies many important achievements. Indeed, not all of our expectations have been met, but as it is often said, trade-off is the nature and strength of multilateral negotiations. Mr. President, Compromiso de Cerebral Sevilla, just adopted in this august assembly, stands as a living testament to what we can achieve when we engage in open minds. This document is yet another victory for multilateralism, and it has come at a time when the world needs it the most. As we look ahead, we also would like to flag that ambition on paper is never enough. While we are optimistic this time, our experience from Agenda 2030, Addis Ababa, and Paris also reminds us to remain cautious. In this regard, first and foremost, we urge all concerned to demonstrate the necessary political will which is indispensable in translating the Sevilla Commission's into tangible and impactful actions. Also, we understand that discussions on the implementation of some of the features of the outcome document have commenced in some form and shape. As the document is the product of active participation of all delegations, we strongly urge that its implementation also remains inclusive, participatory, and transparent.

transparent.

Mr. President, from Bangladesh, we assure you that you can count on my delegation's firm commitment to this historic outcome and kindly note our willingness to contribute actively to its implementation process. I thank you.

I thank the distinguished representative of Bangladesh. I now give the floor to the distinguished representative of

Thank you, Mr.

President. We wish to express our appreciation to the facilitators for their efforts in navigating a wide range of perspectives to produce a draft that seeks to strike a careful and thoughtful balance. From our point of view, the final draft contains several constructive elements. However, we had to object to the text and would like to raise a few examples that remain of concern. First, certain paragraphs appear to extend the role of the United Nations into domains that lie outside its mandate, particularly by addressing entities in the strictly private sector. We believe such language risks overstepping the appropriate boundaries of this institution. Second, as has been our consistent position, we cannot support references to unilateral coercive measures, including such language in a document that aims to— that aims for consensus is, in our view, counterproductive. In a similar vein, Israel maintains its position with regards to references to technology transfer. We believe that the sharing of technology must be conducted on voluntary and mutually agreed terms and that the text should reflect this principle. This approach is what ultimately enables cooperation and the meaningful exchange of know-how. We would also like to reiterate our position on the proposed Framework Convention on International Tax Cooperation. My delegation voted against prior resolutions on this matter as our substantive concerns, particularly with respect to the decision-making process, remain unaddressed. Finally, we wish to emphasize that there is much within this document that does enjoy broad support. We would have welcomed a sharper focus on those areas where consensus exists and where we can work together towards concrete and implementable outcomes in support of development finance.

I thank you.

I thank the distinguished representative of Israel.

Before giving the floor to the distinguished representative of Uruguay, we only have Uruguay, Hungary, and Chile. I am instructing that the list be closed.

So I give the floor to the distinguished representative of Uruguay.

Muchas gracias, señor.

Thank you very much, President. We align ourselves with the statement delivered by the G7 and China, and we wish to reiterate our support for the Seville Commitment in our national capacity. This represents a major milestone of historic importance in light of the challenges facing the world at present. We reaffirm our conviction of the value of multilateralism, collaboration and solidarity as essential tools for tackling global challenges and in promoting fairer and more sustainable development. At the same time, we are taking the floor specifically in relation to paragraph 43, paragraph E, and we wish to recall the norms and ministerial decisions of of the WTO, specifically the Marrakesh Agreement, the GATT of 1994, and the Agreement on Agriculture. They set out improved access to markets of goods and services in developing countries in general without specifying other subgroups. I thank you.

I thank the distinguished representative of Uruguay. I now give the floor to the distinguished representative of Hungary.

Thank you, Mr. President.

Distinguished delegates, Hungary aligns itself with the statement delivered earlier by the European Union and wishes to add some remarks in its national capacity regarding the outcome document of the FFD4. Hungary is firmly committed to the implementation of the Sustainable Development Goals and the Agenda 2030, while also recognizes the role of the Addis Ababa Action Agenda as the overarching framework in the field of development financing. In light of this, Hungary believes that the outcome document is a quintessential tool for delivering much-needed and timely financing to reach the SDGs by 2030. Nevertheless, we take this opportunity to reiterate Hungary's position that the causes of migration must be tackled at their roots and development efforts must enable people to remain in their homes enjoying a safe and prosperous life. Regarding the specific text at hand concerning paragraph 32, Hungary would like to recall its position that migration has no positive impact on inclusive growth and development. For this reason, Hungary disassociates itself from paragraph 32 of the document. In conclusion, we would like to reaffirm Hungary's unwavering commitment to the FFD process.

I thank you.

I thank the distinguished representative of Hungary. I now give the floor to the distinguished representative of Chile.

Thank you very much, President. Chile wishes to begin by expressing its sincere thanks to Spain as the host and president of the 4th International Conference on Financing for Development. We thank them for their generous hospitality and for their dedication to the success of this process. We also extend our thanks to the co-chairs of the preparatory process and for the conference itself, and also for the co-facilitators whose open and transparent leadership has made it possible to arrive at the outcome document that today was submitted for consideration by the Assembly. We align ourselves with the intervention of Iraq on behalf of the G77 and China, and we make the following intervention on national capacity. Thank you, This civil commitment is a political and technical milestone of great importance. It reflects structural challenges facing developing countries and offers an action-oriented path to close the persistent financing gap, which is at the root of the difficulties in implementing Agenda 2030 and achieving sustainable development. In particular, we value the explicit recognition of the needs of middle-income countries, as well as the commitment to the development of metrics beyond GDP. Progress, we hope, will allow us to move closer to fair and more representative instruments of modern mentioned reality of development. We also welcome the cross-cutting approach to gender equality, and we also value the explicit recognition of the care economy as a strategic sector for equity and sustainability. We also highlight the momentum towards effective reform of the international financial architecture aimed at more equitable representation of developing countries in financial institutions and the establishment of innovative mechanisms for debt sustainability. We also value the importance given to trade as a driver of sustainable development, provided that it is based on an open, fair, and rules-based system. Chile has voted in favor of this document because we consider that it is a necessary and substantive step forward for strengthening our collective action on financing for development. At the same time, we deeply regret that a text of this nature, whose value and importance lies precisely in being an expression of unity and collective will, should have to have been put to a vote. The strength of multilateralism rests in building consensus and in the reaffirmation of commitments reached collectively. In this context, we emphasize that the Seville Commitment reaffirms fundamental principles of international law and sustainable development, including those covered in the Rio Declaration on Environment and Development, including common but differentiated responsibilities, which together with other principles of equity, solidarity, and international cooperation ought to guide our common action. Chile reiterates its commitment to the full and ambitious implementation of the Seville Commitment. We will continue to work from a perspective of multilateralism and cooperation and a people-centered approach, convinced as we are that only collective action will allow us to effectively confront global challenges and deliver on the shared promise to leave no one behind. I thank you.

I thank the distinguished representative of Chile.

We have heard the last speaker in May I take it that it is the wish of the General Assembly to conclude its consideration of Agenda Item 17? It is so decided. The Assembly will resume its consideration of Sub-item B I now call on the Committee of Agenda Item 26, entitled Social Development, including questions relating to the world social situation and to youth, aging, persons with disabilities, and the family, to take action on a draft decision issued as Document A/79/L1E.

Second.

And the draft amendment contained in document A/79/L120. I now give the floor to the distinguished representative of the United Kingdom to introduce draft amendment A/79/L120.

Thank you, Mr. President. The UK was glad to see that language on civil society participation was included in the Modalities Resolution 78/318 on the Second World Social Summit for Social Development, which allows for full and meaningful participation of civil society in this important Civil society has long been the lifeblood of social development and the Sustainable Development Goals. Their safe and meaningful participation is essential, especially at a time when access to multilateral spaces is increasingly restricted and those who hold governments to account face mounting reprisals and hostility. We were glad to see that strong language on civil society participation was included in the modalities resolution. However, we remain concerned that the non-objection procedure is increasingly being used as a tool to exclude NGOs on vague or politicized grounds. While we fully support safeguarding the integrity of the UN system, this cannot come at the expense of excluding legitimate voices, especially when such unilateral decisions are shielded from scrutiny. For these reasons, and to ensure that the summit hears from full range of actors, the UK wishes to introduce the amendment as reflected in A/79/L120 to reinstitute the full list of stakeholders to the annex of the draft decision as originally circulated by the President of the General Assembly. This list includes organizations from across all regional groups, reflecting the global commitment to social development and the SDGs. The agreed modalities resolution clearly states that member states may request the reasons for objections and that the final decision rests with the General Assembly. We encourage all delegations to use this mechanism to promote transparency and accountability. We are open to refining the process as we learn, including improving timelines for receiving objections, but we cannot accept a system that allows the arbitrary exclusion of legitimate voices. And we believe in this important— we believe in the importance for this decision to be taken by the broader membership rather than any single member state. At a time when the UN is striving to build trust and deliver impact, it is more important than ever to ensure the meaningful participation of civil society. This not only reaffirms our shared commitment to inclusive multilateralism, but indeed with the principles of social development and the Sustainable Development Goals. I thank you.

Sorry.

I thank the distinguished representative of the United Kingdom. We shall now proceed to consider draft decision A/79/L115 and draft amendment A/79/L120. For your information, draft amendment A/79/L120 has closed for e-sponsorship. I give the floor to representative of the Secretariat.

Thank you, Mr. President. I should like to announce that since the submission of the draft amendment, and in addition to the listed on the L document, the following countries have also become co-sponsors of A/79/L120: Denmark, Poland, Switzerland, and Ukraine. If any other countries wish to co-sponsor L120, please signify by I see none. Thank you, Mr. President.

I thank you. I thank the representative of the Secretariat.

Delegations wishing to make a statement in explanation of vote before the vote on any proposed Under this item are invited to do so now in one intervention. After action on both of them, there will be an opportunity for explanations of vote after the vote on any or all of them. Before giving the floor for explanations of vote before the vote, may I remind delegations that explanations of vote are limited to 10 minutes and should be made by delegations from their seats. I now give the floor to the distinguished representative of the Russian Federation.

Mr. President, The Russian Federation welcomes the contribution of constructively minded representatives of civil society in the topical discussions that happen in the UNGA. Nonetheless, we'd like to remind you that the structures' presence at similar meetings and possibility for them to take the floor during these discussions, namely the structures that don't have consultative status within ECOSOC, is contingent upon criteria including the commitment to the aims and objectives of the UN Charter and transparency of financing, etc., etc. The procedures for allowing organizations from civil society into UN meetings on a one-off basis when delegations possess lists made up of dozens of organizations without any additional information means that there cannot be a proper analysis of these requests of all NGOs by all member states of the GA. The UN therefore developed a non-objection basis. This provided states with effective instruments to exclude from participation in meetings and conferences individual representatives of civil society when there are serious grounds to believe that they would not comply with these criteria. The proposed UK amendment regarding this GA decision would undermine this principle and trust between states. Allowing into the Second World Summits for Sustainable Development organizations from the new list runs the risk of politicizing any future discussions. Therefore, we intend to vote against this amendment, and we do urge all others to follow our example. Thank you very much indeed.

I thank the distinguished representative of the Russian Federation. I now give the floor to the distinguished representative of India.

Thank you, Mr. President. India is the largest democracy with a strong presence of NGOs, resulting in over hundreds of thousands of registered NGOs actively serving the society as on date. My delegation has strongly objected to the participation of 2 entities namely Nithyananda Dhyana Peetham of Houston and Nithyananda Peetham Dallas Aadhinam, because of the record of the founder of these entities, Mr. Arunachalam Rajasekaran, also known as, known as Nithyananda. This is based on our assessment. Please allow me to elaborate. The individual is accused of committing various heinous and serious crimes in India and is facing several criminal cases. He had fled the country to escape the criminal and judicial proceedings. Participation in the world's largest multilateral organization is likely to be misused by Mr. Nithyananda to seek legitimate legitimacy. Entities linked to such elements with a tainted record and accused of serious crimes are masquerading as NGOs, and we believe that they should have no place in this forum. Any effort to reinstate them without vetting their antecedents or without due consultations with the affected parties will, in our view, do more harm than intended good. Mr. President, if the amendment is approved, it will be an endorsement of such entities linked to fugitives from the judicial system accused of serious crimes, thus defeating the very purpose enunciated by this august House. It is in this background that my delegation has strongly objected to their participation. It is also our expectation that the esteemed member states would also vote conscientiously against allowing entry into UN processes for such entities linked to Mr. Nityananda, thereby granting them legitimacy. I thank you, Mr. President.

I thank the distinguished representative of India.

I now give the floor to distinguished representative of Mexico.

Thank you very much, President. My country is grateful to the delegation of the United Kingdom for presenting the amendment today in relation to the list of NGOs and civil society organizations, academic institutions, and the private sector organizations wishing to participate in the Second World Summit for Social Development.

Thank you.

Mexico's vote lies in 3 areas that we have highlighted previously in similar processes. We highlight the value of the participation of NGOs in strengthening the United Nations system. Secondly, we highlight the importance of guaranteeing transparency in the processes of deliberation and adoption of decisions by this Assembly. And finally, we reiterate the trust that my country has in the Office of the President of the General Assembly, the OPGA, in adequately selecting appropriate organizations that may substantively contribute to the processes of the Assembly. As a result of the foregoing, my delegation will vote in favor of the incorporation of NGOs that featured on the original list that your office submitted to consideration of the member states of this assembly. President, as we have demonstrated on prior occasions, we urge your office to ensure that the selection process for the list of organizations adhere unwaveringly to the modalities and procedures and to rigorously examine the list of selected organizations prior to presenting these for consideration by member states. This selection procedure will guarantee that NGOs participating at the high-level meetings will have the appropriate level of experience to share under each topic. Mexico will continue to advocate, as it has done in other fora, for the inclusion of organizations that adhere to the modalities and procedures and that wish to participate. And so we urge the other members to support this process with a view to strengthening discussions, building synergies, and ensuring that the outcome of the Second World Summit for Social Development can benefit from different points of view which can thus enrich discussions. I thank you.

I thank the distinguished representative of Mexico.

We have heard the last speaker in explanation of vote before the vote. Before we proceed to take action on draft decision A/79/ In accordance with Rule 90 of the Rules of Procedure, the Assembly shall first consider draft amendment A/79/L120. The Assembly will now take a decision on draft amendment A/79/L120. A recorded vote has been requested. We shall now begin the voting process. Those in favor of draft amendment A/79/L120, please signify. Those against? Abstentions?

The Assembly is now voting on draft amendment A/79/L120. Will all delegations confirm that their votes are accurately reflected on the screen? The voting has been completed. Please lock the machine.

The result of the vote is as follows: in favor, 64; against, 26; abstentions, 13.

Ayes.

Nays.

57.

Draft Amendment A/79/L120 is adopted. Since Draft Amendment A/79/L120 We shall proceed to take action on draft Decision A/79/L115 entitled Participation of Non-Governmental Organizations, Civil Society Organizations, Academic Institutions, and the Private Sector in the World Social Summit under the title The Second World Summit for Social Development as amended. May I take it that the Assembly wishes to adopt Draft Decision A/79/L115 as amended?

Yes.

It is so decided. Before giving the—

There are no explanations.

Uh-huh.

There are none.

Okay.

You can go to the next page.

Yeah.

The Assembly has thus concluded this stage of its consideration of sub-item B The Assembly will resume its consideration of Agenda Item 116 entitled Extraordinary Chambers in the Courts of Cambodia to take action on a draft resolution issued as Document A/79/L/2011. I now give the floor to the distinguished representative of France to introduce draft resolution A/79/L116 revision 1.

Thank you, Mr. President.

Thank you, Mr. President. It is France's great honor to present Resolution A79L116 Rev. 1 under item 88 of the agenda as chair of the principal donors group set up to support the extraordinary chambers in the courts of Cambodia. I am therefore speaking on behalf of this group's members, namely Germany, Australia, the United States, Japan, Norway, the Republic of Korea, the United Kingdom, the European Union, and my own country, France. Mr. President, in 2003, the United Nations contributed to the establishment of the Extraordinary Chambers in the courts of Cambodia on the request of Cambodia. The chambers were tasked with trying crimes and grave violations of national and international law committed by the leaders of the Khmer Rouge regime between 1975 and 1999. 1979. Since then, the Extraordinary Chambers made a key contribution to justice and reconciliation by sentencing a number of senior Khmer Rouge officials accused of the most serious crimes. The various public trials brought justice to the victims of the Khmer Rouge regime whilst assuring broad participation of the civil parties. The extraordinary chamber's achievements include strengthening of the legal capacity of the national judicial system, but also the strengthening of civil society organizations. They lent their support to victims and to civil parties. Mr. President, since the completion of the judicial phase, the Uh, work of the residual work of the extraordinary chambers is continuing with the preservation of the archives of the chambers. The Cambodian authorities have been able to foster the conveying of the memory of the act of genocide to all generations of the Cambodian people. The draft resolution submitted today to the General Assembly's aim is to extend by a 2-year period cooperation between the UN and the Cambodian government by applying the addendum to the agreement with the transition period and the completion of the extraordinary chambers. This draft resolution takes note as well with satisfaction of the intention of the Cambodian government to establish a public independent institution to continue the legacy of the Extraordinary Chambers by serving as a research center, an information center, and one where archives can be accessed. The group of principal donors will continue to support the residual work of the Extraordinary Chambers within the— in the courts of Cambodia, which contribute to strengthening international justice and to building peace and the rule of law in Cambodia. We would reiterate our commitment to combating impunity and to preserving the legacy of the extraordinary chambers in the courts of Cambodia. We would urge the General Assembly to approve this draft resolution. Thank you.

I thank the distinguished representative of France.

We shall now proceed to consider draft resolution Resolution A/79/L116, Revision 1. For your information, the draft resolution has closed for e-sponsorship. I now give the floor to representative of the Secretariat.

Thank you, Mr. President. I should like to announce that since the submission of the draft resolution, and in addition to the delegation listed on the L document, the following countries have also become co-sponsors of A/79/L116/Revision 1: Austria, Cambodia, Canada, Denmark, Finland, Japan, Latvia, Luxembourg, Portugal, Republic of Korea, Slovenia, Spain, and Switzerland. If any other countries wish to co-sponsor A/79/L116/Revision 1, please signify by pressing the microphone button now. United States. And that concludes the list. Thank you, Mr. President.

I thank you. I thank the representative of the Secretariat.

Before giving the floor—

okay.

The Assembly will now take a decision on draft resolution A/79/L116, Division 1, entitled Extraordinary Chambers in the Courts of Cambodia, Residual Functions. May I take it that the Assembly decides to adopt adopt draft resolution A/79/L116, revision 1. It is so decided. May I take it that it is the wish of the General Assembly to The Assembly will now conclude its consideration of Agenda Item 88. It is so decided. The Assembly will consider sub-item H of Agenda Item 116, entitled Confirmation of the Appointment of the Secretary-General of the United Nations Conference on Trade and Development. In this connection, the Assembly has before it a note by the Secretary-General circulated in Document A/79/996. Members recall that by its decision 75/4 20 of 11th June 2021, the General Assembly, on the proposal of the Secretary-General of the United Nations, confirmed the appointment of Ms. Rebecca Greenspan of Costa Rica as Secretary-General of the United Nations Conference on Trade and Development for a term of office of 4 years. Beginning on 12 September 2021 and ending on 11 September 2025. In his note, the Secretary-General proposes to confirm the appointment of Ms. Rebecca Greenspan as Secretary-General of the United Nations Conference on Trade and Development for a further 2-year term of office Beginning on 12 September 2025 and ending on 11 September 2027. May I take it that the Assembly wishes to confirm the appointment of Rebecca Greenspan as Secretary-General of the United Nations Conference on Trade and Development for the further 2-year term of office beginning on 12 September 2025 and ending on 11 September 2027? It is so decided. May I take it that it is the wish of the General Assembly to conclude its consideration of sub-item H of Agenda Item 116? It is so decided. The Assembly will resume its consideration of Agenda Item 122, entitled Question of Equitable Representation and an Increase in the Membership of the Security Council and Other Matters Related to the Security Council. Members will recall that pursuant to Decision 78/561 of 27th August 2024, the Assembly continued intergovernmental negotiations on Security Council reform in informal plenary meetings during the current session. In a letter dated 21 August 2025, I circulated a draft oral decision on this issue as follows: The General Assembly, A, decides to immediately continue intergovernmental negotiations on Security Council reform in informal Plenary of the General Assembly at its 80th session, as mandated by Assembly Decisions 62/557 of 15 September 2008, 63/565B of 14 September 2009, 64/568 of 13 September 2010, 65/554 of 12 September 2011, 66/566 of 13 September 2012, 67/561 of 29 August 2013; 68/557 of 8 September 2014; 69/560 of 14 September 2015; 70/559 of 27 July 2016; 71, slide 553, of 19 July 2017. 72, slide 557, of 29 June 2018. 73, slide 554, of 25 June 2019. 74, slide 569, of 31 August 2019. 2020, 75/569 of 22nd June 2021, 76/572 of 12th July 2022, 77/559 of 20th— 29th June 2023, and 78/ 561 of 27 August 2024, building on the informal meetings held during its 79th session, as reflected in the letter dated 2 July 2025 from the Chair, and on the document entitled Revised Core Chairs' Elements Paper On convergences and divergences on the question of equitable representation on an increase in the membership of the Security Council and related matters, circulated on 3rd July 2025. Actions 39 and 40 of Resolution 79/1 of The positions of and proposals made by Member States reflected in the text and in its annexes circulated on 31 July 2015 to help to inform its future work. Welcome the active engagement, initiatives, and intensive efforts of the President of the General Assembly, and notes with appreciation the active role and concrete efforts of the co-chairs undertaken in a consultative manner with a view to an early comprehensive reform of the Security Council. C. C, welcomes the submission and the presentation of models and the revision of already presented models during the 79th session. D, encourages the submission of further models and the revision of already presented models by States and groups of States for the structured dialogues with a view to develop developing a consolidated model in the future based on convergences on the 5 clusters and the models presented by member states. E, decides to convene the open-ended working group on the question of equitable representation on an increase in the membership of the Security Council and other matters to the Security Council during the 80th session of the General Assembly if member states so decide. F also decides to include the agenda of the 80th session of the General Assembly the item entitled Question of Equitable Representation on an Increase in the Membership of the Security Council We shall now proceed to consider the draft oral decision. Before giving the floor for explanation of vote before the vote, may I remind delegations that explanations of vote are limited to 10 minutes and should be made by delegations from their seats. I now give the floor to the distinguished representative of Saint Vincent and the Grenadines on behalf of the L69 group.

Thank you, Mr. President.

Good afternoon, Mr. President, Excellencies, colleagues. Thank you for giving me the floor and for convening this meeting. I have the honor to speak today on behalf of the L69, a diverse pro-reform group of developing countries in favor of justice, sovereignty, and equity in the reform of the Security Council, both in process and in outcome. Allow me first to commend the Chair, His Excellency Mr. Tariq Albani of the State of Kuwait, as well as the former Co-Chair, His Excellency Mr. Alexander Marschik, then Permanent Representative of Austria, for the able leadership that they demonstrated during the IGN process. Over the course of the past 9 months, we have engaged in comprehensive discussions including 5 meeting rounds that addressed the clusters in an integrated and interactive manner, as well as the presentation and discussion of models. Additionally, we commend the initiative of the Taxil Talks that allowed member states and the co-chairs alike to engage in frank discussion on the issues surrounding Security Council reform. Mr. President, the L69 recognizes the huge effort of the IGN Chair to update the revised Co-Chairs' Elements Paper on Convergences and Divergences on the question of equitable representation on an increase in the membership of the Security Council and related matters. Notwithstanding this, we are compelled to call attention to a few areas for consideration. First, the Group once again underscores its concern that the revised paper still requires further streamlining to accurately and faithfully reflect the positions of member states as articulated throughout the session. It should be noted that the L69 transmitted 2 letters to the chair regarding recommendations and flagging issues of concern in the revised elements paper, and we were disappointed to see that these were largely not taken on board. Among them, we expressed concerns and disagreements with the mischaracterization of the IGN as the exclusive platform for the discussions on Security Council reform, the mention of new cross-regional groupings without discussion among the members, and the lack of an explicit reference to support for expansion in both the permanent and non-permanent categories, which remains the majority position of the membership. Second, although discussions on the Pact of the Future did lead to the mention of a consolidated model, there was no progress on this front in this session. It is therefore imperative that work on the consolidated model begin without delay, to be carried forward as a substantive outcome in the 80th session with the objective of commencing text-based negotiations. It is clear that the IGN requires a reliable, substantive basis for discussions in order to achieve real reform. In this context, I would like to note that during the negotiations on the PAC, several member states had expressed some reservations regarding the sections dealing with Security Council reform. Particularly language used in Action 39. These member states did not break consensus, however, in the spirit of positive engagement and focus, and with the objective and focus of achieving a more tangible outcome such as the consolidated model to pave the way for text-based negotiations. Mr. President, against the backdrop of the points raised above, the rollover decision in its current form fails to address substantial issues that were raised continuously by member states through various IGN cycles. We believe a reformed rollover process is a necessary step to effect a meaningful change. It will be critical to address the longstanding concerns repeatedly raised by member states, particularly developing countries, regarding the need for a results-oriented transparent, and inclusive process. A mere procedural rollover falls short of these aspirations. We must chart a clear pathway forward for the next session. Mr. President, the L69 remains committed to the goal of achieving Security Council reform. In this regard, we urge all delegations to work constructively towards achieving meaningful outcomes for the 80th session. Reform cannot be kept in the margins any longer. As we commemorate the 80th anniversary of the United Nations, our credibility and that of this institution depends on our ability to address this issue squarely by acting in a decisive and inclusive manner. I thank you.

I thank the distinguished representative of Saint Vincent and the Grenadines.

I now give the floor to the distinguished representative of Sierra Leone, who will speak on behalf of the African Union member states.

Thank you, Mr. President. Mr. President, I have the honor to speak on behalf of the member states of the African Union. I thank you for convening this important plenary meeting dedicated to the consideration and adoption of the oral decision under Agenda Item 122 on the question of equitable representation on an increase in the membership of the Security Council and other matters relating to the Security Council. We express our deep appreciation to you for your leadership demonstrated during this 79th session of the Assembly. Assembly, particularly in securing agreement on the Pact for the Future, with its historic commitments that have revitalized the intergovernmental negotiations process and generated a renewed sense of optimism for genuine progress on Security Council reform. We also take this opportunity to reiterate our heartfelt appreciation for the exceptional leadership of the sole Chair of the IGN, His Excellency Tarek Al-Bahnai, Ambassador and Permanent Representative of Kuwait to the United Nations. His steady guidance has been instrumental in advancing the IGN process in the second half of the year and in producing the Chair's revised element paper on convergences and divergences on Security Council reform. We further extend sincere gratitude to the former Co-Chair of the IGN, His Excellency Alexander Maschit, erstwhile Permanent Representative of Austria to the United Nations, for his invaluable contributions that enriched the IGN's deliberations. Mr. President, this year's IGN session has again demonstrated growing support for the common African position, as articulated in the Ezoueni Consensus and SEED Declaration. Africa deeply values this solidarity and expresses heartfelt appreciation to all member states and interest groups for their unwavering support. This collective backing signifies our shared commitment to redress the historical injustice suffered by our continent and reinforces the call to treat Africa as a special case and priority in the IGM reform process. We also register Africa's sincere thanks to the Chair and welcome the general convergence reflected in the Chair's revised element paper, notably in the section on the elements of general convergence and divergence, stating that, and I quote, there is a wider recognition and broader support by member states for the legitimate aspiration of African countries to play their rightful role on the global stage including through an increased presence in the Security Council, as reflected in the Ezoueni Consensus and NSIT Declaration adopted by the African Union in 2005. The Pact for the Future calls for redressing the historical injustice against Africa as a priority and while treating Africa as a special case, end of quote. This is partly echoing paragraph 39A of the Pact for the future, a carefully negotiated compromise adopted by UN world leaders. Africa therefore reaffirms the urgent need for the General Assembly to take concrete action to implement this consensus, including the consensus adoption of the draft oral decision. The time has come for continued demonstration of renewed political will to reform the Security Council, ensuring its relevance and legitimacy in today's world. Through principles of fairness, equity, and universality. Africa remains committed to constructive engagement with all member states and interest groups to streamline remaining divergences and enhance convergences. We recognize the positive momentum generated during the 79th session and are determined to build upon this progress in the 80th session, which must serve as a moment for reflection, and decisive action. Mr. President, we commend the decision— we commend your decision to circulate draft Oral Decision A/79/118, which references member states' positions and proposals as contained in the framework document and its annex circulated by the President of the 69th Session, as well as the Chair's revised element paper. We welcome the rollover of this document to the 80th Session upon adoption and the continuation of structured dialogue and model presentations, including Africa's intent to submit its model soon. I am pleased to inform that at its 6th Summit held virtually on 25 July this year, the C10 Heads of State and Government adopted the African Union Model model of reform. The model has been transmitted to the chairperson of the African Union for onward endorsement by the Assembly of the African Union. This significant milestone for the African continent reflects our collective resolve, unity, and unwavering commitment to advance the common African position. We therefore reiterate our commitment to the reform of the Security Council based on the consensus to treat Africa as a special case and priority and remain engaged in the IGN process in the spirit of General Assembly Decision 62/557, relevant resolutions and commitment in the Pact for the Future. In closing, Mr. President, Africa expresses its appreciation to all member states for their contributions to an open and balanced IGN process. Africa supports the adoption of the oil decision by consensus to preserve unity and trust among the membership, and to further advance Security Council reform as a global imperative. I thank you.

I thank the distinguished representative of Sierra Leone. I now give the floor to the distinguished representative of the Russian Federation.

Mr. President, we would like to thank you for introducing the draft oral decision on transferring the consideration of the issue about the reform of the UN Security Council to the 80th General Assembly session. In our opinion, it appropriately reflects the contents of the discussion that took place this year. We support its adoption as is. The current session of the intergovernmental negotiations has to a large extent helped to develop understanding of the contours of the eventual reform. Importantly, that was possible thanks to the discussion of specific models of a revitalized Council. We trust that during the forthcoming session we'll be able to discuss models for other participants of the IGN. We believe that the interactive discussion of approaches of member states that still differ and sometimes are diametrically opposed will help to bring them together. It is very important today to confirm our commitment to the intergovernmental format of the negotiations and to support the draft oral decision as presented by the President of the General Assembly. This is the only way that we can maintain consensus for such an important process for all of us, enabling us to keep what we have achieved over previous years. In our turn— in turn, rather, Russia is prepared to continue to cooperate with other member states to find decisions that would help to enjoy significant support and the formal necessary 2/3 of votes. The best thing would be a significant decision if it could be adopted by consensus rather. In conclusion, we'd like to thank the distinguished PR of Kuwait, Tarek Albana, and also the former PR of Austria, Alexander Marquise, for their work.

Thank you very much.

I thank the distinguished representative of the Russian Federation I now give the floor to the distinguished representative of China.

President, China agrees with the oral decision of the PGA on the LGN rollover and we support its decision, its adoption by consensus. Under the joint efforts of the PGA, Mr. Philemon Yang and the EAGN Chair, Ambassador Tarek Albani of Kuwait, and the former Austrian Permanent Representative Alexander Maschek, the current session of the EAGN has successfully completed its mandated tasks, for which China extends its congratulations. China commends President Philemon Yang for his important leadership role and recognizes Ambassador Tarek Albani's outstanding work and contributions. The IGN is the sole legitimate platform for discussing cyclical reform. During this year's negotiations, all parties engaged in in-depth exchanges of views on 5 clusters of issues related to the cyclical reform, further garnering consensus and clarifying the correct directions for reform. Member States have proposed new reform models and updated existing ones, demonstrating a flexible and constructive spirit. China commends the IGN Chair and the PGA for facilitating consensus amongst member states on the co-chair's elements paper and the IGN rollover decision, laying a solid foundation for continued negotiations at the next session of General Assembly. Under these circumstances, the 79th session of the General Assembly adopted by consensus a normal decision on the technical rollover of the IGN, which will help to carry forward the positive momentum of the current session of the IGN into the next round of negotiations in line with the common expectations of member states. President Sikandaric Reform concerns the major interests of all countries and represents an ongoing process of building consensus. China looks forward to all states continuing to engage in in-depth communication on the IGM platform and continuously building consensus in light of the long-term evolution of the international situation. This is both the prerequisite and foundation of the forward reform process. To proceed steadily and further. It should be noted that the majority of member states, including those from the Global South, have reached consensus that the reform process must contribute to the solidarity amongst member states, that the outcomes of the reform must benefit all member states, and that the correct direction of the reform can only be to increase the representation and the voice of developing countries. Including African countries, and to enhance the authority and efficiency of the Council, to which our firm commitment is a must. China stands ready to work with all member states to continue to advance Security Council reform in a direction that garners the broadest possible consensus and reflects the common interests of member states and aligns with the long-term development of the UN. China also supports the current chair, ASEAN chair, Ambassador Albani, in continuing to fulfill this important role. I thank you, President.

I thank the distinguished representative of China.

We have heard the last speaker in explanation of what The Assembly will now take action on the draft oral decision. May I take it that the Assembly decides to adopt the draft oral decision? It is so decided. In light of the lateness of the hour, the Assembly will meet The Committee will meet at 10 AM tomorrow in this hall to continue with the explanations of vote after the vote on this draft decision and to take action on the remaining draft proposals before it. The meeting is adjourned.