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Monday, 16 June 2014 00:39 - - {{hitsCtrl.values.hits}}
G77 reflects the brotherhood among developing nations, President Morales said adding that it was able to achieve much during the past 50 years. However, the world at present is faced with many crises, he pointed out. Economic and financial crises, power, conflict in values and climate change are the main challenges among them. To eradicate poverty and hunger, to build a better global society, a structural change in the current global system is needed, emphasised the Bolivian President adding that the G77 has a vital role to play in that process.
G77, which represents half of the world’s population, should be creatively engaged in the formation of the post-2015 global development agenda, Secretary-General of the United Nations Ban Ki-moon said. If the world is to win over climate change, an international treaty with a legal obligation is a must, he added.
Even though South-South cooperation, a main objective of the G77, is a major boost for the future of the world, it should not be a reason to reject South-North cooperation, UN General Assembly President John W. Ashe said.
Minister of External Affairs Prof. G.L. Peiris, Monitoring MP of the Ministry of External Affairs Sajin de Vass Gunawardena, Secretary to the President Lalith Weeratunga, Secretary to the Ministry of External Affairs Kshenuka Senewiratne, Sri Lanka’s Permanent Representative to the United Nations Dr. Palitha Kohona and Sri Lanka’s Ambassador in Cuba Sarath Dissanayake were also present at the inauguration ceremony.