UN General Assembly
2020

It would therefore be unjustifiable in a way to deny everything that the third era of globalization has made possible, to deny everything that this period has brought in terms of prosperity. It has lifted hundreds of millions of people out of extreme poverty, precisely through a redistribution of world trade and production. Openness has raised awareness of travel and circulation, which has also partly improved our relations. It would be dangerous to lock ourselves into a historical stuttering where we engage in generalized protectionism by enacting customs duties and starting trade wars, falling into a kind of doubt that would lead us to the isolation or logic of power struggles. In our view, the risk is responding to this crisis of globalization with a nationalist retreat, with the violence of populism and extremism, and with the return of dominant Powers.