|
Statement by EAM at the General
Debate of G-15 Summit
17/05/2010
Your Excellency President Mahmoud Ahmadinejad,
Excellencies,
Distinguished delegates,
Ladies and Gentlemen,
I am honoured to represent India at the fourteenth summit of the
Group of Fifteen in this beautiful city of Tehran. At the outset, I
would like to express our deep appreciation to His Excellency the
President of Iran for the warm hospitality and the excellent
arrangements made for this meeting. I would also like to express our
profound appreciation for the efforts of Iran during its
chairmanship to reinvigorate the G-15.
Since the establishment of the G-15, we have made collective efforts
to inject issues of interest to developing countries into the global
agenda, and to seek outcomes that address our concerns. Some among
us are engaged in addressing these issues in the G-20 forum.
While it may appear that the immediate global economic and financial
crisis is behind us, it would be early to say that we are on the
path of long term recovery. Sustainable recovery of the global
economy will depend on several factors, including how the developed
economies fare, enhanced investment for infrastructure development,
stable capital flows to the developing markets, appropriate
macro-economic adjustments, and avoiding complacency in the area of
financial sector reforms. We need to continue our efforts for a
comprehensive reform of the international financial institutions to
make them more inclusive. We also must work for ensuring a balanced
outcome of the Doha Round which addresses the concerns of the
developing countries.
The 14th Summit, coming after over two decades of our Group’s
founding, affords us an opportunity to review the progress and
revitalize the grouping. We should make it an effective platform,
not only for South-South cooperation but, equally importantly, for
policy articulation in the global discourse in the areas of trade,
money and finance, equitable development, food and energy security,
climate change and other issues of concern to our peoples.
We need to collectively look at ways and means to promote
South-South cooperation. India has been happy to share its
developmental experiences with fellow developing countries, and has
implemented some developmental projects in the G-15 framework. India
stands ready to cooperate with other members of the group to
undertake new projects for deepening and expanding our cooperation.
We need to consolidate ourselves as partners in development, willing
to work towards creating a global environment of enhanced
understanding and cooperation that is conducive to inclusive and
sustainable development. We need to work on greater involvement of
our business community and civil society in the G15 process.
I would like to congratulate the Democratic Socialist Republic of
Sri Lanka for assuming the chairmanship of the Group in succession
to the Islamic Republic of Iran and assure them of our full support
and cooperation.
Thank you.
Tehran
May 17, 2010 |
