Delegates from developing countries required reinforcing cooperation and correctly managing distinctions in the middle of mounting worldwide trade tensions during a dialogue held in Geneva on Thursday.The discussion, co-hosted by the Permanent Mission of China to the United Nations Office in Geneva and the South Center, focused on the effect of increasing global trade tensions on establishing countries.
Delegates from over 30 developing countries and global organizations went to the event.Chen Xu, Chinas irreversible agent to the UN Office in Geneva and other worldwide organizations in Switzerland, stated U.S.
reciprocal tariffs represent common unilateral and protectionist practices, denying establishing nations of development opportunities and seriously interrupting the international financial and trade order.China stays committed to opening up and win-win cooperation, Chen stated, including the country will strengthen ties with other developing countries and continue to uphold the UN-centered global system and the multilateral trading system with the WTO at its core.Wu Hailong, board member of the South Center and president of the China Public Diplomacy Association, stated the U.S.
tariffs have obstructed trade and financial growth in developing nations, hit international commercial and supply chains, and disrupted financial markets.He stated the Chinese side hopes to reinforce cooperation with the international neighborhood to deal with these challenges.All parties at the occasion unanimously consented to bolster South-South trade cooperation to promote development and attain the UN 2030 Agenda for Sustainable Development.The South Center, headquartered in Geneva, is an intergovernmental company of developing countries interacting to promote their common interests on the global phase.
Since April 2025, the South Center consists of 55 members, all establishing nations.(Cover: Chen Xu, Chinas permanent agent to the UN Office in Geneva, speaks at a dialogue focusing on the impact of increasing international trade tensions on developing countries in Geneva, May 8, 2025./ CMG)