• 2026.07.24 (Fri)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > World

Paraguay Emphasizes Sustainable Development Through Multilateralism   

Hwang Sujin Reporter / Updated : 2025-05-05 10:34:19
  • -
  • +
  • Print

Paraguayan President Santiago Peña reaffirmed on Tuesday at the 79th United Nations General Assembly Special Plenary in New York that multilateralism is the most effective path toward sustainable development, urging a shared vision of "a brighter and better future where change becomes reality."

Addressing representatives from various nations gathered at the UN, President Peña stated, "Paraguay, though geographically small, is a giant in spirit. As a nation that has witnessed the consequences of war in a world without multilateralism and built a stable democracy with consistent economic policies, we are prepared to assume our rightful central role on the international stage as a vibrant and responsible middle power." He added that Paraguay can serve as a "bridge" connecting countries at various stages of development.   

In this context, President Peña emphasized that Paraguay's commitment to this role stems from a deep conviction that multilateralism is the most effective route to sustainable development. He indirectly referenced the risks of war, arguing that only a stable, free, and fair international trade system can overcome poverty as well as "the ominous threat of armed conflict."   

Furthermore, he pointed out that while the multilateral system has the potential to address crucial aspects of humanity, such as trade, it faces challenges that must be overcome. He urged, "Let us together look toward a brighter and better future where these changes become reality."

President Peña also highlighted the importance of significant progress in agricultural reform to create less distorted markets and improve food security. He added that a fully functional and accessible dispute resolution system for all member states must be restored, and environmental measures should enhance, rather than hinder, international trade. He stated, "We must ensure justice, equity, and equality as the most fundamental principles of international trade."

President Peña concluded, "The crisis of multilateralism can only be resolved by more multilateralism. Despite the world's challenges and the possibility that they may overwhelm us, I must admit that I am an incurable optimist. I believe in multilateralism, I believe in the great achievements of the past, I believe in the current struggle for fair trade, and most importantly, I am confident that it will lead to a brighter and better future for all humanity."

Santiago Peña's emphasis on the importance of multilateralism and his pledge for Paraguay's active role on the international stage at the UN General Assembly is interpreted as a significant message highlighting the necessity of international cooperation and solidarity. Particularly, in a context of heightened geopolitical tensions and rising protectionism, his remarks are seen as raising expectations for the role of middle powers like Paraguay.   

President Peña emphasized that Paraguay, based on its experience of overcoming the pain of past wars and achieving stable democracy and economic growth, can serve as a bridge between countries at various stages of development. This is seen as demonstrating Paraguay's commitment to pursuing regional integration in South America and contributing to the balanced development of the international community.   

Additionally, he argued that a stable and fair international trade system can address the common human challenges of poverty eradication and prevention of armed conflict, mentioning the importance of agricultural reform and establishing a fair dispute resolution system. This can be seen as Paraguay's intention to contribute to international food security based on its status as an agricultural powerhouse and actively participate in establishing a predictable and fair trade order.

However, President Peña's mention of "the crisis of multilateralism" reflects the current realistic difficulties faced by the international community. The deepening competition between major powers, the weakening functions of international organizations, and the intensification of national self-interest are acting as factors that undermine the fundamental values of multilateralism and hinder international cooperation. In this situation, for middle powers like Paraguay to exert practical influence and strengthen multilateralism, concrete diplomatic strategies and active communication efforts with the international community will be necessary.

In conclusion, President Peña's UN speech is evaluated as a meaningful statement reaffirming the importance of multilateralism and emphasizing Paraguay's international role. It is necessary to pay attention to how Paraguay will demonstrate leadership in the international community and contribute to strengthening multilateralism in the future.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #NATO
  • #OTAN
  • #OECD
  • #G20
  • #globaleconomictimes
  • #Korea
  • #UNPEACEKOR
  • #micorea
  • #mykorea
  • #newsk
  • #UN
  • #UNESCO
  • #nammidongane
Hwang Sujin Reporter
Hwang Sujin Reporter

Popular articles

  • Resurgence in the Gaming Market: How Korean Developers Master the 'Chart Reversal' Through Strategic Content

  • Actress Oh Yoon-ah Announces Remarriage After 11 Years: "I Will Continue to Live Happily"

  • Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065576826390512 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • US Finalizes Section 301 ‘Forced Labor Tariffs’ on 60 Nations; South Korea Hit with 12.5% Duty
  • Daejeon Confirmed to Host the 2029 Invictus Games… First in Asia
  • Coupang’s ‘Chameleon Management’ Arbitrarily Switching Its Nationality
  •  U.S. Moves to Sever Chinese Materials and Components from Defense Supply Chains
  • Saudi Arabia Launches Naval Protection Measures as Houthi Blockade Threat Escalates in Bab-el-Mandeb Strait
  • Google Developing Custom AI Chip Optimized for Gemini, to Be Produced Alongside Existing TPUs

Most Viewed

1
[Special Feature] Laying the Foundation for Korea's Informatization: Looking Back at the 1st Administrative Computer Network Project - Part 1
2
Baek Geum-ja Wooriot to Host 'Musical Costume Fashion Gala Show' at DDP
3
South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won
4
Google Cloud Deploys ‘Gemini Enterprise’ to Samsung Electronics DX Division
5
[Special Feature] The Foundation of Korea’s Informatization: Looking Back at the 1st Administrative Computer Network Project - Part 2
광고문의
임시1
임시3
임시2

Hot Issue

US Finalizes Section 301 ‘Forced Labor Tariffs’ on 60 Nations; South Korea Hit with 12.5% Duty

South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won

KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers