Current Affairs - International - Discussion

The Sevilla Forum on Debt was launched at UNCTAD16, held in Geneva. This global event, led by Spain with support from UNCTAD and UN DESA, aims to create a permanent and inclusive platform for discussions on sovereign debt challenges faced by nations. The forum’s establishment in Geneva underscores the city’s significance as a hub for international diplomacy and global economic governance. It also represents a major outcome of the Fourth International Conference on Financing for Development (FfD4), focusing on sustainable financial cooperation and global debt management frameworks.