India calls for concerted effort to reform international financial architecture for debt free Global South

India's UN Ambassador P Harish emphasizes global reforms in the financial system to secure debt sustainability and substantial investments in vulnerable areas. He highlights India's technological achievements, climate initiatives, and advocacy for the Global South, signaling the call for cooperative international efforts.

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United Nations : India has called for a concerted global effort to reform the international financial architecture to ensure debt sustainability and prevent debt traps for the Global South that has been disproportionately impacted by multiple crises. India's Permanent Representative to the UN Ambassador P Harish was addressing the 79th Session of the UN General Assembly on 'Fostering Resilience and Growth in an Uncertain World' on Tuesday when he drew attention to how development gains have gone off the rails, threatening progress towards Sustainable Development Goals (SDG) targets. "A concerted global effort is required to reform the international financial architecture to ensure debt sustainability and prevent debt traps, provide access to affordable finance, and address inequalities in global trade and investment flows," Harish said.

Highlighting the need for focussing on the issues of the most vulnerable, "with the aim of leaving no one behind," Harish said, "Empowering women and youth is the key to building resilient societies." He went on to highlight India's achievements including leveraging of digital technology and how it can be replicated for the developing world, listed steps taken by India to combat climate change and "Global South should voice its shared concerns and coalesce around common interest," he said, adding, India has not just walked the talk on climate action through various steps taken over the last few years. Finance Corporate Fraud and Forensic Modelling By - Ankush Lamba, Managing Director- Ankura View Program Legal Mastering M&A Deal Making By - Ashwath Rau, Senior Partner- AZB & Partners View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Artificial Intelligence(AI) Basics of Generative AI : Unveiling Tomorrow's Innovations By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Strategy ESG and Business Sustainability Strategy By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Legal Digital Personal Data Protection Act 2023 By - Gaurav Khera, Partner, Risk Advisory: Deloitte View Program Finance Financial Reporting and Analytics By - Dr.



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Harish also highlighted that India took up the issue of Global South through the three Global South Summits. (You can now subscribe to our Economic Times WhatsApp channel ).