UN Secretary General initiates New Global Deal for fairer world order

By Trend

United Nations Secretary General Antonio Guterres has put forward an initiative to battle inequality - a New Global Deal that will aim to create a fairer model of global governance, Guterres said on Saturday in his lecture commemorating Nelson Mandela, Trend reports citing TASS.

"The COVID-19 pandemic has brought home the tragic disconnect between self-interest and the common interest; and the huge gaps in governance structures and ethical frameworks," he said.

"To close these gaps, and to make the New Social Contract possible, we need a New Global Deal to ensure that power, wealth and opportunities are shared more broadly and fairly at the international level," Guterres stressed.