United Nations, September 20 (RHC)-- The president of Bolivia, Luis Arce, said Tuesday that a new world order is being built in which the United Nations has a fundamental role, during the 78th session of the General Assembly of the multilateral organization.

"The pending challenges are still numerous and enormous, but today we are at the dawn of a new international configuration. We are convinced that we are witnessing the construction of a new World Order, a situation in which the United Nations Assembly, following the principles for which it was created, must play a leading role".

"We must put an end, once and for all, to the arms race and prioritize sincere dialogue and the diplomacy of the peoples," said Arce, while stressing that "it is urgent that our nations unite in a collective effort, with diverse voices."

The Bolivian president warned about the increase in military spending in the world, which "has reached historic figures". Until April 2023, the world invested more than 2.24 trillion dollars in weapons and the war industry.

Another of the challenges presented by the Bolivian head of state stressed the need to change the unjust international order that burdens our peoples, and to sit down to debate within the framework of the United Nations, to build a new pact for the future.

"We are obliged to address the needs of present and future generations in an equitable manner. We cannot allow a child to starve to death today to ensure a snack for another child not yet born. Eliminating poverty and inequality today will prevent unimaginable economic and ecological distribution conflicts in the future," said Arce.

On the other hand, the president reiterated that "it is necessary and urgent to change the capitalist system in times of neoliberalism, which multiplies and reproduces the forms of domination, exploitation and exclusion of the great majorities."

The climate crisis requires concrete actions and renewed commitments, said Luis Arce before the UN, who also referred to Bolivia's vision, where the sustainability of development has strong roots "in our vision of Living Well and harmony with nature."

Characterizing the international scenario as complex, the Bolivian dignitary said at the Sustainable Development Goals (SDGs) Summit that his country reaffirms its commitment to achieve them, although he insisted that to do so, they need an unprecedented collective action of historic proportions.

"Discarding capitalism and promoting policies that are more humane and compatible with Mother Earth are other structural actions. To achieve the objectives we must deploy strategic investments from each country," he added.