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This year, the UAE is preparing to co-host with Senegal, the UN Water Conference, recognising the importance of concerted, coordinated international action in confronting the challenges of water, climate and food security. We are confident that the conference will mark a vital milestone in advancing real, practical solutions for water security. We invite you to participate in the conference and look forward to welcoming you in Abu Dhabi. These efforts embody our firm commitment to turning the challenge of water scarcity into an opportunity for innovation and joint international action, including through the Mohammed bin Zayed Water Initiative, which harnesses innovation, partnership and investment to deliver lasting, sustainable solutions for present and future generations.
And I'm here not to sell you a product or a policy, or yet another declaration. I am here to sell you an idea. An idea conceived and spearheaded by His Majesty King Jigme Khesar Namgyel Wangchuck, an idea embraced by the people of Bhutan. An idea already being built. That idea is Gelephu Mindfulness City, GMC. And my sales pitch is simple. Come and build it with us. Now, the world has built new cities before financial centers, freeports, technology hubs, special economic zones. But GMC is different. You see, Gelephu Mindfulness City is a special administrative region, an SAR. Under its Royal Charter, GMC exercises full autonomy in governance, legislation and the judiciary. Think one country, two systems. Think of the agility of a microstate. But GMC was not inherited from history. It was not created to manage a transfer of sovereignty. It is being deliberately created by Bhutan within Bhutan on sovereign Bhutanese territory for the future. GMC covers more than 4000km². That is more than five times the size of Singapore. But its greatest opportunity is not its size. Its greatest opportunity is an institutional blank slate. GMC was given something extraordinarily rare the freedom to design an entire city and its operating systems from first principles. So we asked if you could begin again. How would you govern? What laws would you write? How would we regulate business? How would we guarantee an independent judiciary? How would we attract the best talent? How would we use technology and especially artificial intelligence? How would we create wealth while protecting nature? And ultimately, what would all that prosperity be for? These were not theoretical questions. We answered them. And we are making full use of that institutional blank slate. If Singapore has legal principles that work, we learn from Singapore. If Abu Dhabi has financial regulations that work we learn from Abu Dhabi. If leading jurists from the United Kingdom can help us build an independent judiciary, we learn from them. And if international experts can strengthen our institutions, we learn from them. The principle is simple. Search the world for what works. Take the best, adapt it, and make it work for GMC. The result is a core operating system that is now in place, designed to give investors clarity, familiarity, and predictability. But GMC's operating system was designed around a deeper conviction that prosperity and values should reinforce one another. That means rejecting the assumption that we must choose between enterprise and well-being, between technology and humanity between development and nature. At GMC, we believe a balanced approach can deliver substantial profits while protecting the values that make prosperity worthwhile. Balance is not the enemy of profit. It is the foundation of lasting profit. And at GMC, balance is not a slogan. It is built into the operating system. And this matters deeply to Bhutan. You see, Bhutan is peaceful and stable. Our forests are intact. Our culture is alive. Our people are educated. But our economy is small. It cannot yet create enough opportunities for our young people. So too many of them leave home to find opportunity elsewhere. For a country as small as ours, this is not only an economic challenge, it is an existential one. We cannot simply tell them to stay. We must give them a reason to stay and a reason to return. Jobs. Opportunities. Enterprise, a future. So Bhutan must transform. But we refuse to believe that transformation requires us to become somebody else. We want economic growth. We want investment. We want technology. We want successful companies. We want our people to become wealthier. But we also want to protect what makes Bhutan Bhutan. That is the driving force behind His Majesty's vision for GMC. And that is why His Majesty is personally spearheading its development. GMC is not a project on the margins of Bhutan. It is at the heart of our national transformation. Our people have embraced GMC as a people's project and investment in our children, our economy and our shared future. Bhutan is not waiting to see whether the world believes in GMC before committing to it.
Respect to the law strengthens the peaceful and inclusive societies, but development also depends on something even more fundamental something that connects people, economies, ecosystems and nations. Water. Mr. President, the world remains far from achieving universal access to safe water and sanitation. Progress is being made, but not fast enough. For Tajikistan, these challenges, both global and deeply national. We are a mountainous country home to thousands of glaciers and the source of major rivers that sustain communities far beyond our borders. We know the value of water, and we know its vulnerability. For more than two decades, under the leadership of President of Tajikistan, His Excellency Mr. Emomali Rahmon, water has remained at the heart of our international engagement. From the Global Water action decades to the Dushanbe Water Process from the 2023 United Nations Water Conference to the Global Agenda on Glaciers preservation, our message has remained consistent. Water requires cooperation, and cooperation must lead to action. The next two years will be decisive. Later this year, the international community will gather for the United Nations Water Conference in Abu Dhabi in 2027. A high level preparatory meeting will take place here at United Nations headquarters. And in 2028, we will gather in Dushanbe for the United Nations Water Conference and the final comprehensive review of the Water Action Decade. Member states will negotiate and adopt, by consensus an outcome of the Dushanbe Water Framework. This gives us an opportunity to assess what we have achieved, confront what remains unfinished, and decide how global water cooperation should move forward. Because 2028 must not be an end point, the conclusion of the Water Action Decade should mark the beginning of the next chapter of Global Water Action. The Dushanbe Water Framework can help us write that chapter. A chapter focused on implementation, on financing, on technology and capacity, on stronger partnerships, and on protecting the sources of our water, including the world's rapidly changing glaciers. Our objective is continuity, follow up and implementation.
Water security is fundamental to the well-being and the resilience of our societies. Water underpins public health, food and energy security, climate resilience and peace. Yet despite its fundamental importance, global water governance remains fragmented. The recent devastating floods in the mountainous regions of Nepal and China remind us of the growing risk associated with water and climate related disasters. In this context, President Tokayev has proposed the establishment of International Water Organization under the auspices of the United Nations. The purpose is to make international water governance more coherent, accountable and capable of effective implementation. Kazakhstan calls for inclusive, member state led process to explore options for strengthening the institutional architecture for water within the United Nations. We will continue to advance this discussion in the lead up for the 2026 United Nations Water Conference in Abu Dhabi. Kazakhstan stands ready to work with all member states and partners to advance this common agenda. Distinguished delegates Artificial intelligence and rapid technological change present another area where urgent international cooperation is needed.
