Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Sochi, September 30 (Xinhua) — Russia will advocate for global governance reform and fully support the implementation of China's Global Governance Initiative, launched at the Shanghai Cooperation Organization summit in Tianjin. Russian Foreign Minister Sergey Lavrov announced this on Tuesday on the sidelines of the 22nd annual meeting of the Valdai International Discussion Club.
"We consider the initiative useful and aimed at rectifying the situation where global governance mechanisms are completely subordinated to the West," Lavrov said in response to a question from a Xinhua correspondent.
According to him, reforms are needed at the International Monetary Fund, where the US is preventing quota increases for countries in the Global South; at the World Bank, where the West's leading position is being abused; and at the World Trade Organization (WTO), where the US has been blocking the work of the dispute settlement body for decades.
"The blocking is primarily intended to prevent this body from considering China's appeals regarding discrimination and violations of WTO trade rules by Western countries in their trade with China," the Russian minister noted.
A reform of the UN is also necessary, and it must be fair, he pointed out.
"Of course, the reform of the Security Council and other structures must be fair, including, incidentally, the reform of the UN Secretariat, where key positions, on which the activities of the entire UN system and the distribution of financial resources within the Secretariat structures depend, are all occupied and privatized by representatives of NATO and the European Union," the diplomat emphasized.
"Therefore, we will advocate for a reform of global governance. Regarding practical aspects, we, of course, assume that our Chinese comrades, as the initiators of this proposal, will flesh out their approaches, and we will actively facilitate this," concluded S. Lavrov.
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