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It will be held this year. Ladies and gentlemen. A lasting peace cannot be decoupled from development. 40 years after the adoption of the declaration on the Right to Development, we know what we need to do to achieve that goal. There needs to be a wholesale reform of international financial architecture. There needs to be sustainable debt. There needs to be equitable taxation and better access to concessional financing. There also needs to be the implementation of the severe commitment as well as of the pact for the future.
Azerbaijan's commitment to international solidarity and cooperation is equally reflected in our development and humanitarian assistance. In recent years, Azerbaijan has significantly expanded the scope of its international aid with particular attention to small island developing states and African partner countries. Since 2020, we have provided humanitarian, economic and technical assistance worth approximately USD 400 million to more than 140 countries. As we mark the 40th anniversary of the declaration on the Right to Development, Azerbaijan reaffirms its commitment to partnership based approaches founded on solidarity, mutual respect and shared development priorities. Ladies and gentlemen, as we inch closer to 2030, it is becoming even more apparent that the world remains off track in implementing the Sustainable Development Goals. Azerbaijan is firmly committed to the 2030 agenda for Sustainable Development. Having integrated the SDGs into its national development strategies institutional frameworks and voluntary national review processes, while placing particular emphasis on connectivity, green growth, digitalisation and sustainable urban development. In less than two decades, Azerbaijan's GDP has increased threefold, while the poverty rate has declined from 49 to around 5%.
Human made conflicts have created situations of unrest in many countries. Vast numbers of people are being displaced, giving rise to humanitarian crisis. Wars and conflicts are placing immense pressure on the global economy. Energy security concerns, disruptions to global energy supply systems and rising inflation are worsening the economic situation. We believe that every conflict should be resolved through dialogue, diplomatic processes and mutual cooperation. Equality, fairness, protection of mutual interests and respect and dignity among disputing states should form the basis of bilateral and multilateral relations. We aspire to a peaceful world, a humane, global community where, rather than weapons of destruction, reason and debate, diplomacy, education and humanity become the instruments of change. Bangladesh sees the United Nations as the centerpiece for establishing an accommodative global community based on mutual respect for one another's independence and sovereignty. The tendency to divert development budgets towards military expenditure in different parts of the world verses the direction of our journey towards global peace. As a peace loving nation, Bangladesh remains committed to the goals of complete and general disarmament, preventing the proliferation of nuclear weapons and arms control. I reiterate Bangladesh's support for any initiative at the United Nations dedicated to establishing world peace and serving humanity. The people of Bangladesh who believe in democracy remain deeply concerned about the plight of the freedom seeking Palestinian people. Bangladesh once again reaffirms its unwavering support for their legitimate demands, including their right to self-determination and their right to establish an independent state of Palestine. Mr. president, in the prevailing global circumstances the theme of the 81st session of the United Nations General Assembly Restoring Trust, Managing Transformation, a United Nations that delivers for all, is highly relevant and timely. Bangladesh remains steadfast in its commitment to multilateralism in maintaining international peace and security. As vice chair of the Peacebuilding Commission, Bangladesh continues to serve as a strong voice for sustainable peace, conflict prevention and inclusive peace. As a consistent contributor to United Nations peacekeeping missions. Bangladeshi peace keepers are serving humanity in different parts of the world. The courageous participation of Bangladeshi women in peacekeeping missions, even under adverse circumstances, reflects our strong commitment to advancing the agenda of women, peace and security. This year, Bangladesh is observing the 40th anniversary of the declaration on the Right to Development and the 25th anniversary of the Durban Declaration and Programme of Action.
