itispertinentthatinternationalcooperationaddressesthesocioeconomicimpactofCOVID-19andfocusedonthemostdisadvantagedandvulnerablepeopleandcountries,especiallytheLeastDevelopingCountries(LDCs),SmallIslandsDevelopingStates(SIDS),LandlockedDevelopingStates(LLDCs)andcountriesinconflictandthoseemergingfromconflict,inordertoalleviatetheirstructuralchallengesthatarefurtherexacerbatedbythepandemic

WTO is not only about maintaining rules-based international trading order, it must also be a platform to enable the developing countries benefit from it with an enhanced level of international cooperation in the areas of aid for trade, technology transfer, and capacity building.

LDCs and LLDCs need reliable and sustainable financing, partnerships, and technology transfer to overcome their structural impedimentsto benefit from globalization.

The covid crisis has exacerbated pre-existing and perennial challenges such as poverty, hunger, unemployment, inequalities, and climate change. This has exposed systemic weaknesses, vulnerabilities,and inadequacies in health system around the world. Nowhereis this distinctly visible than in the most weak and vulnerable countries where people remain deprived of access to even basic civic amenities.

Mr President, the immediate global response was slow and inadequate to the scale and depth of the health crisis. Disruption of supplychains made access to the much-needed COVID-19 therapeutics, diagnostics and PPEs beyond the reach of many developing countries. Vaccine hoarding has reduced access to COVID-19 vaccines for developing countries, undermining COVAX and leading to deep and threatening inequalities.

Thisis in addition to the exacerbation of the food insecurity crisis due to the disruption in supply lines, which came as an exp ected outcomeof the severe economic downturn and stagnation, which the world has not witnessed in over 90 years, also the decrease in the services p rovided by educational sectors, p articularly in develop ing and least developed countries, in sucha way that it has become more threatening than ever before, tocause regression in the gains achieved, and writing off the recorded achievementsof the sustainable development goals.

Iforesee,in thenot-too-distantfuture a time will come when the rich countries will be forced to build walls to keep out economic migrants from these poor countries.

This organized theft and illegal transfer of assets has profound consequences for the developing nations. It depletes their already meagre resources, accentuates the levels of poverty especially when laundered money puts pressure on the currency and leads to its devaluation.

The situation now has been exacerbated by the devastating impacts of the pandemic on sustainable development, with the most vulnerable countries, particularly the landlocked least developed countries such as Lesotho being the hardest hit. These countries therefore require sustainable and inclusive recovery strategies to accelerate progress towards the full implementation of the 2030 agenda.

n this auspicious occasion, my delegation expresses sincere appreciation for all initiatives recently taken through COVAX to address the needs of developing countries, especially in the development, production, and equitable access to COVID-19 tests, treatments and vaccines.

Belatedly, the rich have come to the realization thaton our one Earth,they need the cooperation of the poor to save themselves

My government restates its call for increased resources to be made available to States on the basis oftheir vulnerabilities and not only based on the misleading measure of per capita income.

mplementation of the 2030 Agenda and SDGshas suffered a considerable setback. Least Developed countries, Landlocked Developing Countries and Small Island Developing States –some 91 countries in total –are disproportionately affected by the pandemic given their limited means to respond to shocks and vulnerability to a debt crisis

we are convinced that, at no cost to their governments, multilateral and bilateral financial institutions can grant credit facilities through transparent and accessible, concerted and non-discriminatory mechanisms that help countries in difficulty to quickly regain financial sustainability and access to international financial markets, with preferential rates that are not affected by the country risk index.

The Dominican Republic, as a Small Island Developing State, is one of the countries that emits the least greenhouse gases but is most affected by climate change.Now is the time to promote a global transformation of the economy in line with the levels of development so that the required standards do not impose excessive burdens that result in additional costs detrimental to competitiveness and the production of our goods and services

industrialized countries should use these resources to create a mechanism to channel the quotas they have received to middle-and low-income countries, giving them access to concessionary funds.In such a mechanism, multilateral financial organizations would play a keyrole, thus ensuring that these resources reach the countries that really need them

y country provides leadership to the group of seven plus g7 plus conflict-affected and fragile countries we reiterate the nexus between peace and development and reaffirm our joint court for global ceasefires and the pursuit of peace through national dialogue and reconciliation only then can our nations walk out of fragility into sustainable development why the covet 19 pandemic is universal it has disproportionately affected countries such as ours

he climate financing gap remains a key challenge to implementing our mitigation and adaptation measures accordingly syrian joins other least developing countries developed countries in calling for a green climate fund to meet the 100 billion dollars target to support the mitigation and adaptation plans of developing countries

In the context of its Pro-Tempore Presidency of the Economic Commission for Latin America and the Caribbean (ECLAC), Costa Rica has proposed the creation of the Fund to Alleviate the COVID-19 Economy (FACE). This is an extraordinarysupport fund of nearly half a trillion dollars, funded by 0.7% of the Gross Domestic Product of the largest and most robust economies in the world -those representing80% of world GDP -, to be intermediated by multilateral development banks, as concessional loans to developing countries

Creating a $650 billion fund in Special Drawing Rights is a step in the right direction, but it is not enough. More than 40% of this amount is allocated toalreadyrich countries, andonly 1%of those resources have been allocated for the people of developing countries.

Ironically, the countries that have low-carbon emissions, such as the island states or myownregion, Central America, are most affected by climate emergencies. The extreme weather effects result in migrations andcause the developing countries to borrow so as to cope with adaptation and reconstruction

We will only be strong and prosperous aslong as the world's most vulnerable ones are as well. 2.This concept is not a romantic vision of multilateralism. On the contrary, it is a reality that we see, over and over again, in the face of challenges. We are safe as long as the most vulnerable ones are safe