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Foreign debt unpayable, should be cancelled – Rodriguez

CUBA has reminded the Non-Aligned Movement to take peace preservation as the most urgent goal in view of current global problems.

Foreign affairs minister Bruno Rodriguez notes that foreign debt that suffocates underdeveloped countries, particularly under the conditions imposed by the coronavirus pandemic, is unpayable and uncollectable and should be cancelled.

Addressing a ministerial meeting of the coordinating bureau of the Movement of Non-Aligned countries on Friday, Rodríguez said if all members stood together their voice could not be ignored.

“Inspired by the principles of Bandung and the principles and purposes of the Movement of Non-Aligned countries agreed at the 14th Summit held in Havana in 2006, the preservation of peace should be our most urgent goal in view of the present global context,” he told the gathering in Azerbaijan. “Our movement gathers the majority of all countries and UN member states. If we stand together, our voice could not be ignored. The Movement will always be able to count on Cuba in that endeavour. Consequently, we strongly believe that, as was stated by commander-in-chief Fidel Castro Ruz at the Seventh Summit of the Non-Aligned Movement held in New Delhi, India, and I quote: ‘the Non-Aligned countries will continue advancing in their inalienable role as bulwarks of peace, national independence and development; strengthening their cohesion and unity and honorably fulfilling the difficult duties imposed on us by these critical times’.”

He said the situation in the world was ever more dangerous, hence the need for the movement to unite.

Rodriguez recognized efforts the 60-year-old movement has made in uniting countries of the South.

“The world situation is ever more dangerous. The main economic, military and technological power disregards multilateral bodies and agreements; violates international law and the UN Charter and threatens international peace and security through its aggressive and arrogant behaviour,” he noted. “Its attempts to impose its domination and hegemony are renewed and strengthened. It stirs up conflicts and unleashes wars claiming humanitarian reasons or alleged anti-terrorism struggles. We are witnessing a continued modernisation of nuclear weapons and an increase in military expenditures, instead of an increased allocation of resources to sustainable development. The gap between the North and the South is widening.”

Rodriguez reminded the NAM about their role to defend members’ rights.

“In some of our nations, the legitimate right to development is additionally limited by the imposition of unilateral coercive measures.

The foreign debt that suffocates underdeveloped countries, particularly under the conditions imposed by this [coronavirus] pandemic, is unpayable and uncollectable and should be cancelled,” said Rodriguez. “In this complex context, the Non-Aligned Movement, the main political coordination mechanism of the countries of the South, should take on a key role in the defence of our peoples’ claims. Since its inception, the Movement has supported the struggles against colonialism, neocolonialism and apartheid and stood in favour of the Palestinian cause, nuclear disarmament, peace and a new and more just, democratic and equitable international economic order.”

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