But the answer is not withdrawal. The answer is to reform, renew and reinvest. The UN 80 initiative offers an opportunity to make the United Nations more efficient and more effective. The European Union also continues to call for a comprehensive reform of the United Nations Security Council to make it more effective, inclusive, democratic and accountable. The European Union will continue to contribute to strengthen the United Nations politically, financially and through concrete actions. Because the best argument for multilateralism is what it delivers on peace and security. With the treaty of Non-Proliferation of Nuclear Weapons on Climate action, with the Paris Agreement on Poverty and Health, with the global response to Covid 19. The truth is, when we act together, multilateralism delivers for people. And that is why this week, the United Union, the European Union has launched together with Australia, Barbados, Brazil, Canada, India and Kenya. The P4M partners for multilateralism, international law, peace and prosperity. Our initiative aims to be an open platform for partners from all parts of the world who are ready to defend common principles and work towards practical solutions. It is a network for dialogue, coalition building and practical cooperation. It will support the work of United Nations and other multilateral formats. It will help to build bridges across regions, and it will contribute to advancing the reform and modernization of the United Nations and the multilateral system, helping to turn shared commitments into concrete action. And I invite all the nations in the chamber to join this initiative and endorse the P4M. The P4M declarations, excellencies, excellencies.