James+Qiu

Committee: General Assembly 2nd committee Economic and Financial Committee Topic: The Role of Multinational Corporations in Sustainable Development Country: Uruguay Delegates: James Han Qiu In recent decades, multinational corporations started to pay more attention to their comprehensive responsibilities, not only emphasizing share holder’s value, but also emphasizing social and environmental development sustainability. However, the potential of comprehensive responsibilities still needs to be further discovered, because some controversial projects in Latin America countries show that some multinational corporations are cornering more benefit than their contribution to sustainable development. Firstly, Latin America countries’ governments have signed contracts of water resources privatization with foreign multinational corporations and led the local water price to rise by different levels and in Bolivia even reached 300% in 2002 [1]. Moreover, Ural Dam in Columbia has damaged the Sinu river eco-system, and affected the fishing industry which was a major source of aboriginal people’s and local fishermen’s living, besides it also resulted drought in mountains [2]. Furthermore, in 2008, an American multinational corporation intended to invest and establish a paper pulp manufacturing factory in Uruguay. However, this plan was fiercely protested by environmentalist and eventually forced to achieve required standard. Sustainable development benefits all people. Beside multinational corporations’ positive influence in host countries such as to stimulate domestic enterprises or to provide more financing opportunities, they should take more social responsibilities and take more effort on environmental sustainability. Due to the fact that UN general regulation does not fit diverse policies in those corporations’ home countries, the motivation for those multinational corporations which have contributed to sustainable development is mainly dependent on morality. Undeniably multinational corporations have led a great global prosperity, but Uruguay believes that as an essential part of global development, multinational corporations should be entrusted more responsibility in international society. Although the intricate international situation would effect implementation of UN policies, multinational corporations and host countries’ governments should seek mutually beneficial mechanisms to collaborate and achieve sustainable development for people’s common benefits. ___________________________________ [1][2] [] -- Committee: General Assembly 2nd committee Economic and Financial Committee Topic: The Global Financial Crisis and its Effect on Developing countries Country: Uruguay Delegates: James Han Qiu “The worst financial crisis since the Great Depression”, which resulted from America’s sub-prime crisis, has seriously impacted the world. As a result of globalization, financial trade between all countries has increased significantly in volume and variety. Not only have the developed and developing countries that are participating in global financial trade been affected by the global slump, but so have those countries which have less involvement in the world economy. Concerning this issue, Uruguay as a developing country also affected by the crisis, suggests the strengthening of collaboration and self adjustment of relevant countries in order to restore international economic order. However, unless those develop countries are able to self adjust to meet this financial crisis, developing countries will be much more passive towards this confrontation. Firstly, due to the limited available resources and inadequate social and economic security system, developing countries have a lower level of self-adjustment. Secondly, some developing countries’ export sectors have declined significantly. In Uruguay, during the year prior to the downturn, seven of the eight main export products were declining, such as grain products, meat products and diary product. Plastic products even decreased 55.4% [1] compared to the same period in 2008. Besides, Uruguay’s export products to major importing countries such as Brazil, Argentina, the new Panama duty-free zone, Russia, Spain, Germany and Mexico, also dropped in volume [2]. The recession in importing countries directly limited the export of developing countries and impacted on the balance of trade relations. Moreover, some developing countries are depending too much on overseas capital. The recession in their mother countries cause them to withdraw their assets in developing countries, and led to the difficulties of financing in those developing countries, thus economic development has been retarded. As every country’s economy is inter-connected with others, the Uruguayan government firmly believes that the problem will not be solved without collaboration between developed and developing countries. On one hand, developed countries need to increase government investment and adopt economic stimulus plans to short circuit vicious economic cycles, and provide more job opportunities to ease employees’ issues. On the other hand, the current crisis can be considered an opportunity for developed countries to adjust or reform their domestic economic structure, so that developing countries can seek long-term improvement in international trade. Meanwhile, Uruguay expects that the United Nation can support policies and plans to prevent such financial crises in the future, to promote communication and business transactions between both developed and developing countries, and to encourage opportunities for cooperation to remove trade barriers among those countries involved. _ [1], [2] [] -- Observer

The film //the Game of Slaughtering// produced by James Qiu will be released recently. The hottest Asian movie star Riddick Zhou, Micheal Fu who has been nominated for Oscar reward as the best female actress, Perry Zhuang a low profile gentlemen whose interior world is incredibly complicated and Paul Kang who firmly believes himself the most handsome man in the world but he has to face the harsh reality are the main character of the story. //The Game of Slaughtering// is not an ordinary student movie. Honestly speaking,we can see that the theme it is trying to seek and discuss is too profound that Hollywood movies will never dare to try, including pure friendship between two young male teenagers and the redemption of their conscience. Most importantly, the story of this film consists of about twenty boys with no girls. However you won’t feel weird about it and that is why this film will create a new box office record in the history of movie industry.

--coming soon in mandarin classes-

Good Job, James, I'm looking forward to it. Michael GOD