Role of the United Nations in promoting development in the context of globalization and interdependence A/RES/74/228 1. Takes note of the report of the Secretary-General entitled “Fulfilling the promise of globalization: advancing sustainable development in an interconnected world”; 3 2. Reiterates the need for inclusive, transparent and effective multilateral approaches to managing global challenges, and in this regard reaffirms the central role of the United Nations system in ongoing efforts to find common solutions to such challenges; 3. Recognizes that a reinvigorated multilateral system, with the United Nations at its centre, is the cornerstone of a renewed approach to fairer and more inclusive and sustainable globalization to ensure that the negative consequences of globalization do not threaten peoples’ livelihoods and the sustainability of the planet; 4. Welcomes the ongoing efforts of the Secretary-General to reposition the United Nations development system to better support countries with their implementation of the 2030 Agenda for Sustainable Development, 4 and calls upon all stakeholders to implement the remaining tasks swiftly and coherently throughout the United Nations development system; 5. Reaffirms the need for the United Nations to play a fundamental role in the promotion of international cooperation for development and the coherence, coordination and implementation of the Sustainable Development Goals and actions agreed upon by the international community, and reiterates its commitment to strengthening coordination within the United Nations in close cooperation with all other multilateral financial, trade and development institutions in order to support sustainable development in the context of the 2030 Agenda for Sustainable Development; 6. Notes the important efforts undertaken nationally, regionally and internationally to respond to the challenges posed by the financial and economic crisis and persisting risks to the global economy, and recognizes that more needs to be done in order to promote economic recovery and to address, among others, turbulence in global financial and commodity markets, policy uncertainty, trade tensions, financial volatility, unsustainable debt and high unemployment in several countries; 7. Encourages Member States to advance economic reforms proactively, as appropriate, innovate the growth model and focus on the inclusiveness of development and, in the meantime, strengthen international cooperation and avoid inward-looking policies and protectionism, so as to promote an open world economy and generate greater positive effects of globalization; 8. Recognizes the critical role of trade and development and interrelated issues in the areas of finance, technology and investment for inclusive and sustainable development and the need to provide integrated policy re sponses to issues arising in these areas, including to address inequalities within and among countries, and also recognizes the importance of international cooperation, finance, technology and capacity-building to supporting national efforts, in line with national priorities and respecting each country’s policy space while remaining consistent with international rules and commitments; 9. Also recognizes the need for the multilateral trade, economic and financial architecture to incorporate and promote sustainable development and ensure greater coherence and coordination to promote an enabling international environment that __________________ 3 4 4/5 A/74/239. Resolution 70/1. 19-22500