General Assembly

As the report of the United Nations Commission on International Trade Law (UNCITRAL) was taken up by the Sixth Committee (Legal) today, the Chairperson of the Commission, Soo Geun Oh (Republic of Korea) said that adoption of the Practice Guide on Cross-Border Insolvency Cooperation was a key and very timely achievement of UNCITRAL’s forty-second session (held in Vienna, 29 June-17 July) during the time of the global economic crisis.

A debt moratorium for developing countries, policies to prevent excessive volatility in commodity markets, and a regulatory overhaul and stronger surveillance of international financial institutions, were urgently needed to restore global economic health and help developing nations overcome obstacles to achieving the Millennium Development Goals, several representatives told the Second Committee (Economic and Financial) today as it began its consideration of macroeconomic policy questions.

The international community must act now to achieve the Millennium Development Goals (MDGs) or risk having the world becomes a more dangerous place, Jeffrey Sachs, Director of The Earth Institute and Professor of Health Policy and Management, Columbia University, told the Second Committee (Economic and Financial) during a panel discussion on “Achieving the MDGs by 2015: Preparing for the 2010 MDG Summit.”

The national defence budgets of the major Powers had ballooned, regional disputes had festered, particularly in South Asia and the Middle East, new conflicts had emerged and a new kind of arms race threatened the progressive disarmament and non-proliferation landscape, the First Committee (Disarmament and International Security) heard today as it concluded its general debate.

At a General Assembly session commemorating today the fifteenth anniversary of the International Conference on Population and Development, United Nations Secretary‑General Ban Ki-Moon lauded that landmark meeting for sparking a shift in the international mindset on population issues and prodding Governments everywhere to recognize each individual’s right to reproductive health.

As the Fourth Committee (Special Political and Decolonization) continued its general debate on decolonization issues today, Member States stressed that, with the Second International Decade for the Eradication of Colonialism about to wrap up in 2010, there was a crucial need to generate new momentum and ensure that the 16 remaining Non-Self-Governing Territories were able to exercise the right to self-determination.

As the Sixth Committee (Legal) today concluded its debate on measures to counter international terrorism, Sudan’s representative called for the convening of a high-level conference and establishment of the Saudi Arabian proposed centre as strong measures to counter attacks against Islam.

Food production must double by 2050 to meet the demand of the world’s growing population and innovative strategies are needed to help combat hunger, which already affects more than 1 billion people in the world, several experts today told the Second Committee (Economic and Financial) during a panel discussion on “New cooperation for global food security”.

New winds were blowing positively through the halls of disarmament, but notwithstanding the recent momentum in the area of nuclear disarmament and non-proliferation, the new weapons of mass destruction -– small arms and light weapons -– were destabilizing societies and imperilling people everywhere, the First Committee (Disarmament and International Security) heard today.

The Fourth Committee (Special Political and Decolonization) continued its general debate on decolonization issues today, focusing solely on the question of Western Sahara and hearing 31 petitioners weigh the human rights, humanitarian, and political dimensions of the dispute.