Presentation, October 2016
South Centre Presentation to the Special Event of the Second Committee of the UN General Assembly
UNCTAD organized a special event of the Second Committee of the United Nations General Assembly on 26 October 2016 in New York on “SOVEREIGN DEBT RESTRUCTURINGS: Lessons learned from legislative steps taken by certain countries and other appropriate action to reduce the vulnerability of sovereigns to holdout creditors”. Ms. Yuefen Li, Special Advisor on Economics and Development Finance of the South Centre, spoke as a panelist and alerted the UN Member States of the current legislative challenges facing the sovereigns when it comes to the need for sovereign debt restructuring including the impact of the plurilateral and bilateral trade and investment agreements.
This article was tagged: Bilateral Investment Treaties (BITs), Debt Sustainability, Dispute Settlement, Financial Crisis, Free Trade Agreements (FTAs), International Monetary Fund (IMF), Investment Agreement, Plurilaterals, Public Debt, Reform of the International Financial System, United Nations (UN), United Nations Conference on Trade and Development (UNCTAD)