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Debate on Global Economic Governance

New York, April 15, 2013


On April 15, Ambassador Néstor Osorio, President of the Economic and Social Council (ECOSOC), was one of the high-level speakers in the thematic debate on Global Economic Governance, convened by the President of the United Nations General Assembly. The debate was attended by Mr. Jose Manuel Barrosohe, President of the European Commission, Mrs. Kamla Persad-Bissessar, Prime Minister of Trinidad and Tobago, Mr. Ali Babacan, Prime Minister of Turkey, the ministers of Chile, Bangladesh and Norway, and representatives of international financial institutions. During his statement, Ambassador Osorio recognized the importance of a more accountable, inclusive and coherent system of global economic governance that will allowputting in place strong political responses and internationally coordinated to address the most pressing issues worldwide. Ambassador Osorio called attention to the need to strengthen the institutional framework for global economic governance for development, and in this regard he reiterated the central role of the UN in this matter and the need to improve the effectiveness and consistency of the Organization. To conclude, he recognized that a strengthened ECOSOC and the release of some other processes within the United Nations system should help improve global economic governance.

Statement by H.E. Néstor Osorio, President of the Economic and Social Council at the Thematic debate on "The UN and Global Economic Governance"