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US Skips Global UN Meeting Aimed at Raising Trillions to Combat Poverty

  • On June 17, at the final preparatory session in Seville, the United States rejected the negotiated outcome document and withdrew from both the process and the conference.
  • The U.S. raised concerns over measures related to trade, taxation, innovation, and the management of global financial organizations that contradicted its policy positions.
  • Over 70 national leaders convened in Seville, Spain, for a four-day international conference focused on mobilizing the $4 trillion per year needed to reduce global inequality and advance sustainable development.
  • Jonathan Shrier emphasized the U.S. dedication to global collaboration but expressed strong concerns that the document oversteps several key boundaries. Meanwhile, UN Secretary-General Antonio Guterres cautioned that progress is faltering, describing the current situation as a sputtering engine.
  • Despite the U.S. withdrawal, delegates unanimously adopted the Seville Commitment, calling for urgent reforms like a 15% minimum tax revenue, tripling multilateral development bank lending, and scaling up private financing.
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The ColumbianThe Columbian
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US skips global UN meeting aimed at raising trillions to combat poverty

BARCELONA, Spain (AP) — Many of the world’s nations, but not the United States, gathered Monday in Spain to tackle the growing gap between rich and poor nations and try to drum up trillions of dollars needed to close it. Read more...

·Vancouver, United States
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City News broke the news in Toronto, Canada on Monday, June 30, 2025.
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