Multilateralism and UN reform · at 1 min · 2 mentions in this passage
Madam President, excellencies, our world is undergoing a profound disruption characterised by great-power contestation, the wars in Ukraine, the Middle East, Africa. We're witnessing the rise of trade barriers, supply chain disruptions, worsening climate change, and a new industrial revolution driven by digital technologies, biotechnology and renewable energy. This means we face both great peril and great promise. Yet we are in a more polarised and fractured world, and one that may be unable to protect the global commons at precisely the moment that we need that protection. Our inter-state relations are increasingly dictated by raw power, where the outcomes are determined on the basis of size, leverage and coercion. And this poses obviously, a clear and present danger for smaller states like Singapore. But the point I wanted to make is that even the more powerful states would ultimately pay a price, because hard power on its own cannot secure supply chains, protect populations from pandemics, or stabilise a warming planet. Even big powers need partners to secure their long term national interests. The bilateral and regional arrangements can complement global frameworks, but on their own, they cannot replace shared rules that apply universally. A system built on individual coercive bargains would inherently be more volatile and more unstable. And therefore, our thesis today is that multilateralism offers a different bargain, one that is, in every state's enlightened national interest. These shared rules and norms provide predictability. They constrain the capricious exercise of power, and they maximize autonomy even when power is unequally distributed. Actually the multilateral system today still works more often than the headlines would suggest. A few examples. The World Food Programme feeds over 100 million people a year. The common ICAO standards enable 100,000 flights to operate safely every day. With the ITU, our telecommunications networks and the internet continues to operate safely, smoothly on a planetary scale. The question is, therefore not whether we need multilateralism, but how to make it fit for purpose. And I suggest three priorities. First, we all have to consistently comply with international law and the norms of multilateralism. Second, we need to reform existing institutions where needed. And third, we need to collectively formulate new rules and create new institutions for new technologies.
Read around it:
