Noticing that the sovereign debt restructuring process is a frequent phenomenon of the global financial system, and that the acts of long overdue debt funds in the international courts revealed their highly speculative nature which imposes risks on all future restructuring operations. Noticing also that the delayed debt funds activities have a negative impact directly on the ability of governments in achieving their commitment to human rights as affirmed by Human Rights Council Resolution 30/27. Emphasizing the importance of not allowing the funds of bad debt to disrupt the developing countries' efforts to restructure their debts and emphasizing that their work must not replace the State's right to protect its people under international law, and emphasizing the sovereign right of any state in restructuring its sovereign debt, which must not to be frustrated or disabled by any action issued by another state. Reaffirming the full and comprehensive political support granted by Arab countries and South American countries through the United Nations General Assembly Resolution No. 319/69 for the adoption of the basic principles of the process of sovereign debt restructuring, which aims, among other things, at to increase the efficiency, stability and predictability of the global financial system and to achieve sustainable development and comprehensive, just and continuous economic growth of in line with local conditions and priorities, and demand all countries to support and promote these key goals. 47 - Approving to strengthening political and technological dialogue and cooperation and joint actions whenever possible, between ASPA States to combat the world drug problem through an integrated approach to abide by the principles of common and shared responsibility, and respect for international law. 48 - Praising the efforts of Peru to prepare for the annual meetings of 2018 of the Council of Governors of the World Bank Group and the International Monetary Fund, which was held in Lima during the period of 2-10/12/2015. 49 - Paying tribute to the success of the conference of 20 of the States Parties to the Framework Convention of the United Nations on Climate UNFCC held in Lima, Peru, where the Parties have achieved substantial progress towards the adoption of a protocol, change another legal instrument or an agreed outcome with legal force under the Convention and in accordance with its principles and provisions, including CBDR which would strengthen the system of multilateral rules. In this regard, congratulations go to the Government of Peru for the successful management of the meeting. 50 - Welcoming the progress made in the peace process in Colombia and encouraging the Colombian Government to exert its maximum efforts to conclude these negotiations as soon as possible and expressing readiness to provide assistance to support the implementation of a comprehensive peace agreement. 51- Paying tribute to the ongoing work of the South American Council of Defense UNASUR to unite South America as a zone of peace, and the stability of democracy and the development of integrated to their people, and contribute to world peace, and the inclusion of national characteristics and sub regional that strengthen the unity between Latin America and the Caribbean and finding consensus to strengthen regional cooperation in the field of Defense. 52 - Paying tribute to the role of King Abdullah bin Abdulaziz Al Saud, the Global Center for Dialogue Among Followers of Religions and Cultures in Vienna on 11/26/2012 and call upon all states to cooperate with this center. --More 23:58 LOCAL TIME 20:58 GMT www.spa.gov.sa/w
مشاركة :