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Latin America Business News

President Pinera of Chile Discusses Global Economics at UN General Assembly

President Pinera of Chile Discusses Global Economics at UN General Assembly

Photo: President Pinera of Chile on Economy

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President Sebastián Piñera Echeñique of Chile noted the need for concerted action by the UN and other global bodies to deal with financial and other crises in an increasingly inter-connected world.

“For example, financial crisis, in addition to becoming more frequent, have increasing regional and global implications,” he told the General Assembly last week. “The evils of modern society, such as terrorism, drug trafficking and organized crime now know no frontiers, territories or jurisdictions.

“And any attempt to deal effectively with global warming, natural catastrophes, health emergencies, hunger and extreme poverty will require much more concerted and effective action by the community of nations and international bodies such as the United Nations, the World Bank, the International Monetary Fund (IMF) , the Group of 20, trade organizations and other global and regional bodies.”

In a separate meeting with Secretary Ban Ki-moon Mr. Piñera discussed the challenges of middle-income countries, such as income distribution, as well as access to education and health services for all. Mr. Ban recognized Chile’s important contribution to UN operations in Haiti.