Tunisia's permanent mission to the United Nations in Geneva has reiterated the country's demand for the return of its looted and smuggled funds. The mission participated in the 73rd session of the Trade and Development Board of the United Nations Conference on Trade and Development (UNCTAD). According to Ramzi Louati, acting chargé d'affaires of Tunisia's permanent mission to the UN in Geneva, the country is calling for a reform of the international financial system to address the debt crisis affecting many developing economies.
The Tunisian mission emphasized the need for cooperation from all concerned countries to facilitate the recovery of looted funds. These funds should be used for development projects that benefit the population and enable countries to eliminate poverty without being burdened by debt. The mission also urged countries that host these funds to stop using procedural, judicial, and legal obstacles to prevent developing countries, including Tunisia, from recovering their looted assets.
The Tunisian delegation considered that the continuation of these obstacles constitutes a hindrance to the legitimate sovereign right of these countries. Tunisia called for a reform of the international financial system to make it more just and equitable. This reform should enable the resolution of debt problems that have debilitated the economies of many developing countries.
Tunisia expressed its support for the adoption of a legally binding international covenant on the right to development. The country also advocates for enhanced international cooperation and solidarity, increased funding for development assistance, and the facilitation of technology transfer to developing countries. These measures are expected to help address the challenges facing developing economies.
According to Ramzi Louati, the Tunisian mission's participation in the UNCTAD and other international development forums aimed to highlight the country's concerns. Tunisia seeks to emphasize the importance of cooperation and solidarity in addressing the debt crisis and promoting development. The country's delegation engaged with various stakeholders to promote its agenda and find solutions to the challenges facing developing countries.
The issue of looted funds and debt crisis is a significant concern for many developing countries. Tunisia's call for reform of the international financial system resonates with other countries facing similar challenges. The country's efforts to recover its looted funds and promote development are part of a broader international effort to address these issues.
The Tunisian mission's statement reflects the country's commitment to promoting development and addressing the challenges facing its economy. The country's delegation will continue to engage with international stakeholders to promote its agenda and find solutions to the challenges facing developing countries. Key issues, including the return of looted funds and reform of the international financial system, will remain a priority for Tunisia.
Key points
- Tunisia renews call for return of looted funds and reform of international financial system
- Country urges cooperation from all concerned countries to facilitate recovery of looted funds
- Tunisia supports adoption of legally binding international covenant on right to development
