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Excellencies, peace first. Peace is the source of all good. Peace in our hearts, peace in our societies, peace in our countries. Let us begin by restoring peace within our own community. Let us consolidate peace in our respective countries. Let us rebuild trust among our peoples and restore the image of humanity in our midst. This year, when Burundi holds the rotating chairmanship of the African Union, we are keenly aware of the responsibility that falls to us. As the African Union champion for the youth, peace, and security agenda, I have, this year, once again convened a continental youth dialogue coupled with the women, peace, and security agenda.
Our continent possesses the world's youngest population, vast arable lands, unparalleled cultural vitality and the critical minerals required to drive the global green energy transition. But, Mr. Speaker, let me warn Africa will not remain a passive arena for a new scramble for resources. Critical mineral extraction in Africa must not replicate the colonial era exploitation. We will process our minerals at home. We will build local industries that create dignified jobs for our youth, and we retain the value of our natural resources in Africa. The African Continental Free Trade Area, whose secretariat Ghana is proud to host, is our engine for Intra-african trade, structural transformation and industrial growth. As we heal historical wounds, we must address the alarming breakdown of the current global order. We are witnessing a dangerous shift towards unilateralism, lawlessness and the erosion of multilateral norms. The United Nations must learn from the lessons of the League of Nations. The UN charter must reign supreme over the cynical doctrine that might makes right The veto power must never serve as a license for impunity. Sovereign equality cannot be a privilege. Privilege that is reserved only for nations that are aligned with global superpowers.
Mr. president, one of the greatest obstacles to sustainable development is inadequate financing. Many developing countries devote substantial resources to debt servicing at the expense of education, healthcare and infrastructure. Nigeria, therefore, calls for reform of the international financial architecture. Wider access to concessional financing and debt sustainability frameworks that recognize developmental needs. We also support innovative financing through private capital. Blended finance South-South cooperation and strategic partnerships for sustainable development, climate adaptation and resilient infrastructure. Nigeria further recognizes the African Continental Free Trade Area as one of the continent's most transformative opportunities. It can strengthen regional value chains, expand intra-african trade, promote industrialization, and attract investment.
Our continent holds vast mineral wealth, immense agricultural potential, extraordinary renewable energy resources, and the world's youngest population. We are a market of more than 1.5 billion people, increasingly connected through the African Continental Free Trade Area. These are not merely African assets. Properly developed, they are part of the answer to the world's search for food security, clean energy, resilient supply chains, and a new source of growth. Africa's resources must become the beginning of African industry, not the end of Africa's contribution to the value chain. Extraction defined too much of our past. Investment must underpin our future. This transition is already taking shape. Cocoa-producing nations are moving from bean to brand. Cotton producers are building government value chains. And Africa has made its position clear. The clean energy transition must not become another extractive transition. The African Continental Free Trade Area must be more than a market for what Africa already produces. It must become the platform on which Africa makes more of what it now imports. Kenya intends to be part of that transformation. In the next one week, we expect to break ground on the East African refinery in Lamu. A refinery capable of producing 700,000 barrels of oil a day, an investment of approximately $16 billion. Its significance extends beyond one project or one country. It represents the Africa we seek to build. Adding value at home, creating jobs for our people, and building industries capable of serving continents and global markets. That transformation should be financed using foreign and domestic resources. And that is what we intend to do, including the more than $4 trillion in domestic capital across pension funds, insurance assets, sovereign wealth funds, banks, and other institutions in Africa. The task is to mobilize more of that capital for productive investment while building the safeguards, credible projects, and financial instruments that long-term investors require. The imbalance is not only about money.
This project will play a catalytic role in the African continental free trade area. To sustain and scale up the success we have achieved in renewable energy, connectivity, food security, manufacturing, and urban development, Ethiopia calls for genuine and sustained regional and international cooperation. Despite this tremendous achievement, Mr. President, we have come to recognize that our efforts to build a strong economy cannot generate sustained development without reliable and dependable access to the sea. We believe that maritime access can be managed for the common benefit and progress of all countries in the region.
Our vision is to create an economy that generates decent employment, attracts sustained investment, expands opportunities for our youth, women, and marginalized groups, amongst others, to strengthen their livelihoods. To this end, we continue to invest strategically in human capital, infrastructure, healthcare, education, agriculture, tourism, industrialization, and digital development, mining while positioning Eswatini effectively within regional and global value chains. We appeal to the UN for support towards enhancing the capacity of African countries in developing value addition on their natural resources, as well as creating a trading hub for precious and earth minerals and other commodities for the continent. In this regard, the African Continental Free Trade Area, HAFTA, provides a vital platform for African nations to move beyond raw material exports towards greater value addition, industrial processing, and intra-African trade so as to fulfill our vision. No country can achieve sustainable development while large segments of its population remain on the margins of the economic mainstream. Our citizens must not be viewed merely as beneficiaries of employment. They must be full participants as key pillars of our sustainable growth. We have created an inclusive environment for all our people, irrespective of their gender or religion, at the apex of our economic growth strategy.
Freedom of navigation and uninhibited passage through international straits, as guaranteed by international law must be championed globally, and it is our collective responsibility to uphold these principles in practice and to safeguard commercial shipping. And as a leading maritime nation, Greece actively contributes to maritime security through the operation of the European Union that speeds in the Red sea, and this topic will remain a high priority when Greece assumes the presidency of the Security Council next month. We intend to place particular attention to the challenges posed by emerging technologies. Ladies and gentlemen, Greece's geography grants it the natural role of serving as a bridge between Europe and its wider neighbourhood to the east and the south. We literally sit at the intersection of the shrinking space between the east and the West. My country is a pillar of stability, connectivity and peace across the Eastern Mediterranean, the Middle East and the Gulf region Greece has developed strong strategic partnerships with key countries in the region, including Israel, Egypt, Saudi Arabia, the UAE, Bahrain and Qatar. We are a bridge builder. We are not a troublemaker. Yet putting this vision into practice is rarely simple. At a time of tectonic geopolitical changes in the Middle East, the Gaza peace plan agreed last year must be effectively implemented. It is of paramount concern to ensure that Hamas surrenders its arms. It can have no role, I repeat, no role in Gaza's future. At the same time, reconstruction needs to move forward, with Palestinians themselves taking ownership of Gaza's future. Greece will continue to advocate for a two state solution, with Israel and Palestine living side by side in peace and security. However, developments in the West Bank remain a source of deep concern Actions that are illegal under international law and undermine the viability of a future Palestinian state cannot be allowed to continue. We strongly argue that this is also to the benefit of the long term security of Israel itself. Greece has established a durable and deep strategic partnership with Israel, while at the same time maintaining strong ties with the Arab world And it is precisely. It is precisely the strength of this partnership that allows us to engage in an open and candid dialogue. In Lebanon, there is now a real opportunity to lay the foundations for a lasting peace. The US facilitated negotiations with Israel are an important step forward and should be sustained. Greece strongly supports a sovereign, resilient and united Lebanon and the government's efforts to restore the state's monopoly over arms. Ultimately, a stronger Lebanese state will serve both domestic security and regional stability. Therefore, we will continue to deliver concrete assistance to the country, including to the Lebanese armed forces with a unifil's mandate. Ending joint action is crucial to avoid a security vacuum and maintain an effective international and European presence. Syria is another key player in the region. Lasting stability in the Middle East requires a stable Syria, a Syria that is inclusive, a Syria that is free from foreign interference and regional rivalries. A Syria where every citizen can and should feel secure. The new Syrian authorities have taken steps in this direction. Get. Further concrete progress must be demonstrated, particularly when it comes to protecting the rights and security of all religious and ethnic communities. And this, of course, includes the Orthodox Christian minority, which unfortunately continues to face the violence of Islamist extremists. The search for stability extends to Libya, a neighbour with whom we share many common interests. We praise all reunification efforts. A stable Libya free from foreign interference, would benefit not only the Libyan people, but our entire region. And Greece is ready to support Libyan institutions in border protection and migration management. And we remain fully committed to reaching an agreement on the delimitation of our maritime zones. Ladies and gentlemen, let me now turn to our relations with our neighbour, Turkey. Over the past three years, we have made a sustained effort to improve our relationship, rebuild trust and keep channels of communication open in order to prevent the escalation of tensions that could lead to unwanted crises. It is a delicate relationship. It's a relationship that carries the weight of history. And indeed, given broader and regional challenges, the situation calls urgently calls for a common understanding on how we move forward and understanding grounded in full respect for international law and the principles of good neighbourly relations. After all, as I've said repeatedly, we cannot change our geography. We are destined to live side by side. And I repeat that the UN convention on the law of the sea provides the only institutional framework to solve our only long lasting dispute concerning the delimitation of our continental shelf and our exclusive economic zones. Dialogue is essential for peace and prosperity, but meaningful dialogue cannot coexist with unilateral actions. The challenge the international legal order. Nor can meaningful progress be made when faced with threats of war in response to the exercise of lawful rights, according to international law. Such actions do not resolve differences. They end up by only deepening them, and they risk undermining the stability of our wider region, a region which we should not forget, still bears an open wound. The unresolved Cyprus issue 52 years, 52 years have passed since Turkey illegally invaded Cyprus and continued to occupy it, a flagrant violation of international law whose consequences persist to this day for the United Nations. Cyprus remains a litmus test of its credibility, of its ability to uphold its own resolutions and the principles of the charter, and Greece fully supports the recent efforts of Secretary General Gutierrez to create the appropriate conditions for the resumption of substantive negotiations, and we sincerely hope that progress can be achieved during his remaining time in office. And we expect we expect these efforts to continue under his successor with the same objective the reunification of Cyprus, free of occupation forces in accordance with the relevant UN Security Council resolutions. The principles at stake in Cyprus are being tested elsewhere to today. Two other major conflicts continue to challenge our ability to defend the values upon which this organization was founded. The war in Ukraine is now in its fifth year, five years since Russia's full scale aggression brought back war to European soil, the Ukrainian people have shown extraordinary courage defending their freedom and Greece continuously stands with them. We strongly, strongly condemn attacks against civilians and civilian infrastructure. Diplomacy must now deliver an immediate cease fire and a lasting peace anchored in the principles of the United Nations Charter. Ukraine must have a decisive say in its own future, and Europe cannot be absent from these negotiations. Against this backdrop, another devastating war demands our urgent attention. In Sudan, the nearly four year conflict has resulted in a staggering humanitarian catastrophe. Reports of atrocious war crimes continue to emerge, while the conflict is fuelling instability way beyond far beyond Sudan's borders. We should not permit this tragedy to endure. Foreign interference must also cease with no impunity for war crimes. Ultimately, the way forward lies in a credible, Sudanese led political process that reflects the aspirations of the citizens Sudan. The European Union ought to leverage its capacity to play a more active role in supporting that process and assisting in bringing this destructive conflict to an end. After all, it has real skill in the game. Should the devastating war continue, our continent will be the first to suffer from a possible massive new migratory wave. Ladies and gentlemen, Greece has confidence abroad, rests on a profound transformation at home At a time when the effectiveness of governments all over the world is being challenged by populists and extremists, and public trust is being eroded in the echo chambers of social media, Greece serves as an example that sound reform oriented policies can deliver real results for people and improve their lives.
We welcome the decisions of the UN Commission on the limits of the Continental Shelf, approving the submission lodged by Mauritius in December 2008 and approved in March 2011, as well as the second one filed in May 2009 and approved in July 2026. We welcome the 100th ratification of the agreement and calls for its prompt and effective implementation. We look forward to its first conference of the parties advancing the institutional, financial and procedural arrangements necessary for the effective implementation of the agreement. Collaboration is key to effective maritime security, maritime surveillance, and domain awareness.
These include the National Climate Fund, through which Somalia is mobilizing and coordinating urgently needed climate finance. The Independent National Human Rights Commission, established to Somalia, established to strengthen the protection and promotion of human rights, and the Somali Disaster Management Agency established, which is on the front line of responding to the humanitarian crisis in Somalia. Somalia's membership of the East African community. Our leadership in the Horn of Africa Initiative. Our ratification of the agreement establishing the African Continental Trade Area Free Trade Area. And our continuing efforts towards accession to the World Trade Organization. Demonstrate Somalia's commitment to the regional integration and rules based international order. Excellencies, ladies and gentlemen, financing is vital for development.
I repeat: the Malvinas for us are a national cause. They are also a test of the gulf that can exist between the words of international institutions and the reality upon which they purport to act. Fifty years ago, this very Assembly adopted Resolution 3149, which calls on parties to refrain from introducing unilateral modifications while the dispute remains unresolved. Fifty years on, the situation has not changed, yet unilateral modifications continue. Today, the Sea Lion Project is moving toward oil extraction on the Argentine continental shelf in the North Malvinas Basin, under British licenses that Argentina rejects as illegal and illegitimate. Any such activity not authorized by the Argentine Republic in this regard constitutes an unlawful act under both international law, including the UN Convention on the Law of the Sea, and Argentine domestic law. That is why I wish to ask a question: what use is a resolution if, for decades, the other party can act in direct contravention of it, while that resolution remains intact in the archives but powerless in the face of reality? There's no shortage of words or resolutions. What is lacking is consequences. Because an institution that cannot ensure that its words carry weight in the real world loses the most important thing of all: its authority. In these circumstances, those who follow the rules receive no reward for doing so, while those who break them suffer no repercussions whatsoever. That's why the Malvinas are not merely an issue between Argentina and the United Kingdom. They also raise a question regarding the ability of this organization to enforce its own resolutions. Argentina has taken note of that reality, and in the face of the unauthorized exploitation of our resources in the disputed area, we've acted. We've submitted formal notes of protest. We've availed ourselves of the legal remedies at our disposal. We've imposed sanctions on the companies involved and their suppliers. And we've submitted a national sovereignty defense bill to Congress. For far too long, Argentine governments opted for a rhetorical defense. We have chosen a peaceful, practical, and effective defense. I repeat: we have chosen a peaceful, practical, and effective defense. I also wish to reiterate our position regarding the population of the islands. As this very Assembly has determined in numerous resolutions, the principle of self-determination does not apply in this case, since the population was implanted by the occupying power on a territory whose sovereignty is in dispute. That principle exists to liberate colonized people, not to legitimize situations arising from colonization. If the United Kingdom maintains a selective interpretation of the principle of self-determination with regard to the Malvinas Islands, it must also explain how it reconciles that position with the debates on self-determination taking place within its own territory. Once again, we call on the United Kingdom to resume negotiations with a view to finding a peaceful solution to the sovereignty dispute, as required by international law. We also reiterate our invitation to proceed without delay to an exchange of views with a view to resolving the issue concerning the aforementioned dispute over the exploitation of our natural resources. And I want to say something more to the global energy sector. Waka Mwertha represents a historic opportunity, with the potential to become one of the major players in the energy sector in the decades ahead. Come, invest, develop it with us. But there's a limit to this invitation. We will not remain indifferent to those who exploit resources under illegal foreign occupation.
