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Bahamas outlines challenges at UN Assembly

Darren Henfield, Minister of Foreign Affairs of the Commonwealth of The Bahamas addressed issues around climate change and financial services regulation during a speech at the 72nd session of the United Nations General Assembly New York, 23 September, 2017. (BIS Photo)

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TheBahamasInvestor.com
Monday, September 25, 2017
Monday, September 25, 2017

Here follows remarks by Darren Henfield, Minister of Foreign Affairs, at the 72nd session of the United Nations General Assembly New York, 23 September, 2017:


Mr. President,
On behalf of the people and Government of the Commonwealth of The Bahamas, I congratulate you on your election as President of the 72nd Session of the General Assembly, and I assure you of my country’s full support and co-operation during your tenure.

I also extend sincere congratulations to your predecessor, His Excellency Ambassador Peter Thomson, for his leadership of the Assembly during the 71st Session.

The Bahamas congratulates His Excellency Antonio Guterres on his election as the newest Secretary-General of the United Nations.

He has the daunting task of continuing the implementation of the bold and ambitious Agenda 2030.

I commend him on the work he has done to date in steering the work of the organisation, and wish to assure him of the full support of The Bahamas.

Mr. President,
In the time since the 29th of September 1729, when the first meeting of the Parliament of The Bahamas took place, democratic values have taken deep root throughout the archipelago.

On the 10th of May 2017, The Bahamas conducted its eleventh consecutive round of General Elections since attaining universal suffrage in 1962.

The people of The Bahamas, in a free, peaceful and democratic process, elected a new Government, led by Dr. the Honourable Hubert Minnis.

The new administration is one made up almost exclusively of new members – one as young as 21 years of age. We promised our people bold change, and we are committed to the fulfillment of what we have promised.

We stand on the threshold of advancing a new agenda, as demanded by our people; one that has, at its core, the protection and promotion of the rights, interests and welfare of all Bahamians – women, men, young people and children. I am, therefore, proud today to make my first address to this august body as the most recently-appointed Foreign Minister of the Commonwealth of The Bahamas under this new Administration.

Mr. President,
Economies large and small are facing very difficult times, where myriad factors challenge our capacity to create an environment where people can be assured of sustainable livelihoods, security and safety, and a promising future for succeeding generations.

Very troubling are the insidious increase in international terrorism; unfair practices in the international financial sector, such as de-risking and correspondent banking; illicit crime; trafficking in persons; drug trafficking; trafficking in weapons; gross violations of human rights; and reprehensible corruption by those who have been entrusted to govern.

Especially of concern for small island developing states are the dangers of environmental degradation and climate change, which threaten our very survivability. With what we have witnessed just recently with the passage of Hurricanes Harvey, Irma and now Maria, I cannot underscore sufficiently the importance The Bahamas attaches to combating climate change, and the preservation and protection of the environment.

Even while these Hurricanes were occurring, there have been earthquakes in Mexico, resulting in further tragic loss of life and destruction.

Climate change is global.

We have expressed before, and today we reiterate, our thoughts and prayers to all adversely impacted by these devastating events.

Mr. President,
I need to emphasise that this is the third time in three years The Bahamas has been hit by a major hurricane and Maria is still churning in our territory.

There are two more months before the end of the hurricane season, and we can only pray that we will be spared from further destruction and loss.

Hurricane Irma changed course and did not directly hit the entire Bahamian archipelago, thus minimizing the impact on our tourism industry. However, we were not entirely spared.

Our southern islands experienced serious damage, Ragged Island was totally devastated and is now uninhabitable. Additionally, tornadoes inflicted considerable damage on the northern islands of Bimini and Grand Bahama.

We are grateful to our international partners who provided immediate support after the passage of Hurricane Irma, and now continue to stand by our side as we begin the painful and burdensome process of restoration and rebuilding. I commend you, Mr. President, and the Secretary-General for convening the recent High-Level Meeting to allow those of us impacted to bring focus on these events to other potential partners.

One of the countries immediately affected by Hurricane Irma was the Republic of Cuba, which, as on previous occasions, caused this massive hurricane to lose some of its energy and probably led to a lesser impact on our neighbour, the United States of America. All developing countries affected have been placed on a short-list for assistance to shore up their internal conditions towards recovery.

Cuba does not enjoy this capacity to the fullest. The Bahamas joins other nations in calling for the Congress of the United States to reconsider the legislative barriers to the biggest of the Caribbean islands in order for it to develop to its fullest potential as a member of the international community.

Mr. President,
Hence, it is the intention of the Government, working with the private sector, to create out of the destruction of Ragged Island the first fully green island in the region, utilising renewable energy and smart technologies from solar energy to sustainable water purification systems to create a more sustainable, resilient, island community.

The implications for the existence of SIDS like The Bahamas, as we are confronted with global warming, rising sea-levels, and more severe and frequent hurricanes and other extreme weather events, are all too clear. For the first time in its history, The Bahamas evacuated whole communities to safe quadrants ahead of Hurricane Irma. What’s next: wholesale evacuation of the entire Caribbean?

I call on the international community to recognise the imperative of accelerating the efforts to deal urgently with the adverse impact of climate change and to do so in a co-ordinated way.

Only then will we mitigate against these ferocious and frequent destructive weather events, which now potentially threatens to add to the world’s migration issues.

Mr. President,
Well over two decades ago, my Government, recognising the very real threat posed to our very existence, upgraded its human capital capacity to address the unintended consequences of climate change, as well as its commitment to environmental conservation.

Through its many marine protected areas, The Bahamas is committed to the conservation of sustainable oceans, as well as through our active involvement in initiatives such as 10X20, and our participation in the consultative process of Biodiversity Beyond National Jurisdiction.

In this context, The Bahamas has presented its candidature once again for a seat on the Council of the International Maritime Organisation in Category “C”.

Mr. President,
The continuing imperative for us in The Bahamas and the Caribbean, is the re-evaluation of the measurements used to determine economic well-being.

The IMF in its Policy Brief on “Vulnerability and Debt in Small States” recognised that “Many [SIDS] face an uncertain future.”

The Bahamas continues to dispute the use of Per Capita GDP/GNP as an instrument to measure wealth and economic development.

The use of this one-dimensional instrument prohibits countries that are most in need to receive development assistance or loans at concessional rates. It is time for us to replace that metric with a realistic measurement that takes into account the vulnerability and fragility of SIDS to exogenous shocks.

Mr. President,
Notwithstanding our best efforts at self-sufficiency, exogenous shocks, in the form of reduced correspondent banking relationships, continue to create challenges for the region.

International banking institutions, fearing that they may be subject to fines and sanctions related to illicit activities of money laundering and terrorist financing, have pulled out en masse.

Citizens in our region depend of the services provided by these entities, and have now become severely disadvantaged as a result of the actions taken.

This threatens our ability to remain competitive as one of the leading international centres and hinders our efforts to expand our trading relationships.

The Head of the IMF, Ms. Christine Lagarde, spoke convincingly in 2016 on the subject of correspondent banking, highlighting that all stakeholders had to uphold their end of the bargain.

For its part, The Bahamas has invested in a strong compliance regime, at great financial costs. We invite the international community to work together to find another way to deal with the issue and allow input from those to be impacted by their decisions before moving the goalposts again.

Despite the challenges faced, the Government of The Bahamas remains committed to a comprehensive development agenda for the country. With the launch of the National Development Plan Vision 2040 in the coming months, we will set a course towards the achievement of the SDGs.

In this connection, The Bahamas has committed to participating in the Voluntary National Review process at the High-Level Political Forum on Sustainable Development under the auspices of the Economic and Social Council in 2018.

We appreciate the support of the UNDP and the United Nations Economic Commission for Latin America and the Caribbean in this regard. Indeed, it is through this anticipated integrated framework that we address the range of challenges that face our nation.

Mr. President,
The scourges of terrorism and trafficking in arms of all types continue to impact our way of life. The Bahamas reaffirms its commitment to stand with the international community in fighting terrorism in all its forms.

We also stand in solidarity with the peoples of France, Spain, Belgium and the United Kingdom who have recently experienced horrific terrorist attacks.

Violence in the furtherance of “political” aims is never the answer. Only through dialogue and negotiations will aspirations be realised.

Mr. President,
I spoke earlier about the importance of accountability, truth and transparency in government and the rule of law to good governance. It has been said that,

“Corruption is a global phenomenon found in all countries – but evidence shows it harms poor people more than others, stifles economic growth and diverts desperately needed funds from education, healthcare and other public services. An estimated one trillion US dollars get siphoned off through bribes every year according to the World Bank.”

The Government of The Bahamas has firmly committed itself to eradicating corruption. We are resolved to have in place an efficient, results-based public sector, with an Office of the Ombudsman, in order to create the best environment possible to promote economic development, foreign direct investment, small business development and equal opportunity for all to share in prosperity.

Mr. President,
The role of the United Nations in advancing human rights has been essential.

The 1948 Universal Declaration of Human Rights, a series of international instruments, human rights operations on the ground, and the various human rights bodies, such as the Human Rights Council, permit the United Nations to continue as a beacon to promote and protect human rights through both immediate and long-term action.

In The Bahamas, we are committed to protecting and promoting the rights of all Bahamians, and, indeed, all human kind. The achievements of The Bahamas relative to human rights have derived from collaboration with all stakeholders, and a willingness to explore fresh approaches to longstanding challenges.

Within this context, I am pleased to announce that The Bahamas is seeking election to the Human Rights Council for the term 2019-2021. As a member of the Council, as a SIDs, The Bahamas will bring to that body a fresh, distinct and constructive perspective, with the potential to add depth and richness to human rights advancement and discourse.

Mr. President,
The Government of the Bahamas believes that education must be at the heart of driving sustainable development, where we build resilience and an educated, inclusive and diverse workforce and community. This has positive implications for creativity, innovation and productivity that allow learners and youth to fulfill the potential to act as agents of social change.

For this reason, our Government has designed an Education Agenda, which encourages lifelong learning and recognises the potential of technology and digital platforms to serve as tools in the teaching and learning process.

I take this opportunity to bring to the attention of the Assembly that The Bahamas, in recognition of the invaluable role of technology and communications in education and all aspects of development, has presented its candidature for a seat on the Council of the International Telecommunication Union (ITU).

Mr. President,
The New York Declaration for Refugees and Migrants, adopted in September 2016 by the General Assembly, called for the development of a global compact for safe, orderly and regular migration.

We commend the ongoing work in preparation for the global compact. While recognising the potential yields of global migration relative to the reduction of poverty and global inequality, we believe that proper co-operation, through the appropriate mechanisms, can help to ensure that migration occurs through safe and regulated channels, to the benefit of all involved countries.

Mr. President,
The 2030 Agenda for Sustainable Development recognises non-communicable diseases (NCDs) as a major challenge for sustainable development. The UN General Assembly’s third High-Level Review Meeting on NCDs in 2018 will provide the opportunity for a renewed political commitment to take concrete actions to address the challenge of NCDs as a matter of priority, including sustained engagement at a high-level to co-ordinate on strategies to achieve targets and to mobilise necessary financing.

We also recognise the successes experienced in global AIDS response, and caution the international community, at this important juncture, to resist complacency and continue to offer support to achieve targets and to sustain the Joint Programme relative to HIV/AIDS.

Mr. President,
The Bahamas supports the work of Peacekeeping Operations and the Department under which it falls, as a fundamental instrument to build, protect and maintain peace and security within the United Nations.

We note the approach of the termination of the mandate of the United Nations Stabilisation Mission in Haiti (MINUSTAH) and the establishment of the United Nations Mission for Justice Support in Haiti. As was the case with MINUSTAH, The Bahamas looks forward to doing its part to support Haiti’s continued national development.

We also enjoin the continued support and engagement of the international community in Haiti.

Mr. President,
During the main session, the General Assembly will consider and approve the Programme-Budget for the biennium 2018-2019.

It is our expectation that the General Assembly will, in a transparent and constructive manner, approve a budget that aligns with the mandates and activities of the United Nations.

We welcome the Secretary-General’s initial efforts to promote management reform aimed at strengthening service delivery.

We encourage the Secretary-General, in the execution of the budget, to continue to find innovative means to advance an efficient implementation of mandates, but without arbitrary cuts.

Mr. President,
The Bahamas values the role of the United Nations as the custodian of the interests of the world’s people, in particular the poor and the vulnerable.

We believe that the United Nations Charter remains a viable and firm foundation onto which global peace and security, social progress and economic development can be built.

I thank you.

Deputy Prime Minister and Minister of Finance Peter Turnquest speaking at this year’s Eleuthera Business Outlook said that The Bahamas must do more to improve the own investment climate and competitiveness.

Atlantis has announced the immediate appointment of Audrey Oswell as President and Managing Director. Oswell brings more than 30 years of experience in the hospitality and gaming industry to the role.

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