ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Sovereign equality key to building inclusive, enduring international cooperation: Global Times

By: Prodigy
09/15/2025, Beijing, China // PRODIGY: Feature Story //

In this pivotal year of 2025 - commemorating both the 80th anniversary of the victory in the World Anti-Fascist War and the founding of the UN - Chinese President Xi Jinping put forward the Global Governance Initiative (GGI), offering China's wisdom and solutions to further strengthen and improve global governance. The Global Times (GT) has launched a series of interviews, "China's vision on global governance," to share international scholars' insights into the spirit, contemporary relevance and global significance of the GGI.

In the second installment of the series, Daniel del Valle Blanco (Blanco), former ambassador to the UN and permanent observer of the International Youth Organization, shared his understanding of "staying committed to sovereign equality," the foremost premise of global governance and the first core concept of the GGI, with GT reporter Wang Wenwen. "When sovereign equality is genuinely upheld, the resulting outcomes are not only more equitable - they are also more robust and sustainable," he said.

GT: How does the GGI reflect China's international role and ideas?

Blanco: The GGI reflects China's willingness to contribute ideas and resources to global governance at a time of turbulence. What is important is that it aligns with broader multilateral principles: dialogue, cooperation and the search for common solutions. For the international community, the initiative is relevant because it strengthens the vision of a community with a shared future for humanity - where climate change, digital governance and security are addressed through cooperation rather than unilateralism.

GT: Why is sovereign equality still the scarcest public good in the 21st century? How will China, by proposing "staying committed to sovereign equality" as the first concept of the GGI, address this shortcoming? How should the principle of sovereign equality be applied to global governance to ensure that no single country is marginalized?

Blanco: Sovereign equality remains scarce due to power asymmetries and historical inequities in international institutions. China's GGI prioritizes "staying committed to sovereign equality" to address governance deficits. Beijing emphasizes respect for territorial integrity, non-interference and shared decision-making, challenging hierarchies that marginalize states.

To reform global governance, China promotes institutional inclusivity by supporting UNSC reforms and South-South cooperation platforms such as BRICS, which amplify the voices of developing nations. Sovereign equality requires addressing contemporary challenges - including climate change and cybersecurity - through rules-based cooperation in which all states, regardless of size, contribute to norm-setting.

Ensuring that no country is marginalized entails democratizing global institutions, equitable resource allocation and rejecting unilateral coercion. The China-proposed model stresses dialogue over domination, aiming to transform governance from power-centric to principle-oriented, thereby fostering a multipolar order where sovereignty is universally upheld.

GT: Sovereign equality is the foremost principle observed by the UN. Drawing on your experience working in the UN, how do you understand this concept? Can you give an example from your time at the UN that illustrates the importance of sovereign equality in addressing global governance issues?

Blanco: Sovereign equality is a fundamental principle asserting that all states, regardless of their size, wealth or power, possess equal dignity, rights and responsibilities in international affairs. It forms the ethical and legal cornerstone of the UN Charter and serves as a vital mechanism for safeguarding justice and legitimacy within multilateral systems. This principle ensures that each nation, from the smallest island state to the largest continental power, is entitled to equal participation and respect in global decision-making processes.

Reflecting on my experience at the UN, I vividly recall a pivotal series of negotiations concerning climate finance. In these discussions, small island developing states - though limited in geographic and economic scale - played an enormously influential role. They brought urgent and legitimate concerns about existential threats, such as sea-level rise, to the forefront of the dialogue. Their active involvement shifted the dynamics of the negotiation, ensuring that final agreements reflected not only the interests of major emitters or wealthy nations, but also incorporated the needs of the most vulnerable.

This example clearly demonstrates that when sovereign equality is genuinely upheld, the resulting outcomes are not only more equitable - they are also more robust and sustainable. By integrating diverse perspectives, especially those of states directly affected by global challenges, solutions gain broader acceptance and are more effectively implemented. Thus, respecting sovereign equality isn't merely a normative ideal; it is a practical necessity for building inclusive and enduring international cooperation.

GT: In current global governance, the principle of "sovereign equality" is often challenged by unilateralism and double standards. What counterweight does the GGI offer to address this and create a more just and equitable global governance system?

Blanco: The GGI can play a crucial role as a constructive counterbalance to the rising trends of unilateralism and great-power politics. By consciously promoting the principles of inclusiveness, procedural fairness and rules-based international cooperation, the GGI helps cultivate a global environment where collective action and shared norms take precedence over purely coercive approaches. In particular, it works to amplify the voices and interests of developing nations, ensuring that their perspectives are integrated into global decision-making processes rather than being overlooked or marginalized. Moreover, by advocating for consistent and transparent applications of international rules, the initiative helps discourage the use of double standards - which often undermine trust and legitimacy in the existing world order.

What ultimately matters, therefore, is not the name or origin of the initiative itself, but whether it tangibly contributes to building a form of genuine and equitable multilateralism - one in which agenda-setting is participatory, influence is distributed and no single country can dominate or derail collective progress for its own narrow interests.

GT: This year marks the 80th anniversary of the establishment of the UN. The UN has launched the UN80 Initiative, a major reform effort to make it more effective in global governance. What role can the GGI play in facilitating the UN efforts and improving global governance?

Blanco: The GGI can effectively complement the UN80 Initiative by offering innovative ideas, sharing expertise and mobilizing additional resources that enhance the three core values underpinning UN reform: efficiency, inclusiveness and fairness. For instance, the GGI could facilitate improved coordination and partnership mechanisms with regional organizations, strengthen the implementation of the Sustainable Development Goals through targeted projects and capacity-building support, and advance people-centered governance approaches that ensure broader participation and more responsive policymaking.

Through such concrete contributions, the GGI not only aligns with the fundamental principles of the UN80 Initiative but also actively reinforces the UN's capacity to respond more effectively and adaptably to contemporary global challenges.

GT: Looking ahead, what are your expectations for the GGI? How do you think the international community should respond to it and work together toward a bright future of a community with a shared future for humanity?

Blanco: I expect the GGI to evolve into a practical and action-oriented platform dedicated to building bridges among nations and effectively addressing shared global priorities such as sustainable development, security challenges and technological innovation. The appropriate response from the international community should not be one of uncritical adherence or passive acceptance, but rather one of constructive and thoughtful engagement - this entails actively contributing ideas, proposing feasible solutions, identifying synergies with existing international frameworks, and consistently striving to foster mutual benefits and win-win outcomes for all involved. If we succeed in adopting this collaborative and inclusive approach, initiatives like the GGI can play a pivotal role in helping the world transition beyond outdated zero-sum thinking, thereby contributing to the emergence of a more equitable, peaceful and sustainable global order.


Source: Global Times:
Company: Global Times
Contact Person: Anna Li
Email: editor@globaltimes.com.cn
Website: https://globaltimes.cn
City: Beijing
Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.




Source: Prodigy.press

Release ID: 1811534

Source published by Submit Press Release >> Sovereign equality key to building inclusive, enduring international cooperation: Global Times


Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.