United Nations Secretary-General Ban Ki-moon urged the international community during a high-level dialogue on development finance to reduce international trade barriers and reform the existing global financial system in accordance with the development objectives set during the Doha round of World Trade Organization negotiations.
“We need better mechanisms to coordinate economic policy with representative, accountable and equitable governance,” Ban told participants of the New York meeting.
He added that reforms should be “ambitious and timely” and increase the role of the developing world.
Ban also called for a binding agreement on climate change, which he said is necessary to help poorer nations shift to green economies.
