live Oil prices fall as Iran vows retaliation over U.S. sanctions
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
President of Azerbaijan Ilham Aliyev spoke about the emergence of a new world order at the Munich Security Conference. In response to a question by AnewZ's Orkhan Amashov, he discussed the creation of the Board of Peace, launched in Davos and its upcoming first summit in Washington.
President Aliyev said the new platform could serve as a mechanism for reshaping intergovernmental relations, stressing that any new world order must be built on cooperation and civilised rules.
The discussion focused on the crumbling of the old world order and the growing need for a new system. Aliyev pointed out that international law is increasingly being ignored by many countries and relying solely on it to resolve global issues is no longer viable. He underscored that Azerbaijan’s experience highlights the necessity for a shift in how countries engage with one another on the international stage.
"Azerbaijan’s example really demonstrates that the old systems are no longer effective," said President Aliyev. "Countries are increasingly ignoring international law and this shift has brought us to a point where a new world order or system of international relations is imminent."
He added that the emergence of this new order was inevitable, with the question being who would take the first step.
Looking to the future
"President Trump took a significant step in launching the Board of Peace, an institution with tremendous potential for the future," President Aliyev remarked. As a founding member of the Board of Peace, Azerbaijan is at the forefront of this development, working to shape a new approach to global governance.
Looking ahead, the President expressed keen interest in the upcoming summit in Washington, noting that the event would be pivotal in defining the future of this initiative.
"The first summit will be very interesting. What will the agenda look like and what outcomes will we see?" he questioned, highlighting the significance of the meeting.
As more countries begin to rethink their approaches to international relations, security, and the functioning of global institutions, President Aliyev called for new mechanisms based on common sense and mutual respect. "The new world order should not be about who is stronger being right," he emphasised. "It should be about creating new mechanisms for a civilized world, based on fair relations and respect for international law."
The Board of Peace is positioned as a critical element in reshaping the global system, offering a platform for nations to collaborate and engage in meaningful dialogue. As the first summit approaches, the world is watching closely to see how this new initiative will contribute to the evolving dynamics of international relations.
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
Saudi Arabia and France have reaffirmed their support for Palestinian statehood and called for Israel to withdraw from all Lebanese territory, as the two countries sought closer coordination on some of the Middle East’s most pressing conflicts.
Armenia's efforts to move closer to the European Union have gained political momentum in Yerevan, but the country's potential membership bid is not currently part of the EU's immediate enlargement agenda, according to a senior European Council official.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Syrian and Israeli officials held U.S.-brokered talks in Jordan on Sunday to ease tensions after an Israeli strike on a Syrian airbase near Türkiye last week.
Kazakhstan has elected its first unicameral Kurultai, bringing into force a sweeping political overhaul launched less than a year ago. The vote marks a major step in implementing the country’s new Constitution.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment