MEXICO CITY Fabian Delph England Shirt , May 27 (Xinhua) -- Latin America needs a new formula to achieve sustainable development, said a regional meeting before ending here on Friday.


The 36th session of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) highlighted ""for a new political economy -- a new equation between the state, the market and society -- and new international and national coalitions.""


""The dominant development pattern (in Latin America) is unsustainable,"" ECLAC Executive Secretary Alicia Barcena told participants at the five-day gathering.


The traditional development model applied in Latin America is not working, said Barcena Phil Jones England Shirt , citing reduced growth rates that in recent decades have not exceeded 2 percent, the worst trade statistics in eight years, and insufficient investment in human capital, research and development, along with persistent poverty Gary Cahill England Shirt , income disparity and now vulnerability to climate change.


""To confront these challenges, we propose a progressive structural change that increases the incorporation of knowledge in the economies. New coalitions, new institutions and public-private alliances are required,"" Barcena said.


""Our proposal for a new development pattern is political, not technical. The horizon is equality Danny Welbeck England Shirt , the progressive structural change is the path and politics (is) the instrument,"" she added.


ECLAC's proposals are contained in its report ""Horizons 2030: Equality at the Center of Sustainable Development.""


The report aims to help Latin America ""reduce economic, social and environmental imbalances that affect the region today in order to achieve development based on equality and sustainability,"" and reach UN-designated development goals by the year 2030.


One of the main challenges to the 2030 agenda is that ""the means of implementation...is not supported by an institutional framework or effective or sufficient global governance,"" the report says Kieran Trippier England Shirt , calling for ""policies capable of advancing the sustainable development goals.""


To that end, Mexican Finance Minister Luis Videgaray, who attended Thursday's session, said the Mexican government agreed with the diagnosis presented by the report, but believed more competitive markets would help drive development.


""We should make our markets more open Jamie Vardy England Shirt , so that there is competition, and more inclusion, so that all the population receive its benefits,"" he said.


""As ECLAC says in its document, we need to foster inclusive growth and new dynamic public-private associations. New contracts must be generated Raheem Sterling England Shirt , a new relation between both sectors,"" said Mariana Mazzucato, professor of Economics of Innovation at the Science Policy Research Unit of Britain's University of Sussex.


She also defended the role of the state in the generation of public policies and in preventing failures that could be created by the market, as well as in encouraging alliances with the private sector.


Ministers and representatives from the ministries of finance, economy Harry Kane England Shirt , planning, energy, trade, social development and foreign affairs from the ECLAC countries debated the contents of the report during the last two days of the session.

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ALGIERS， June 12 (Xinhua) -- The Algerian capital on Sunday held the 3rd Algeria-U.S. meeting on security， as instability hitting the Sahel region， including Libya and Mali， was in the agenda of the discussions.


The meeting was co-chaired by Algerian Minister for Maghreb Affairs， the African Union and the Arab League， Abdelkader Messahel， and the Coordinator for Counter-terrorism at the U.S. Department of State， Justin Siberell.


""Algeria plays a leading role in the region and has always worked for stability，"" Siberell told reporters after the meeting.


The U.S. official hailed Algeria's ""leadership"" in counter-terrorism， recalling that this North Africa nation is a founding member of the Global Counter-terrorism Forum (GCTF).


The meeting was ""very interesting and fruitful"" as members of the two delegations discussed several issues， particularly the recent developments in the region and the ""strong"" cooperation between the both countries in security and the fight against terrorism.


""We are seeking to further strengthen this very strong partnership in the future， through seizing every opportunity like we did today through very interesting discussions，"" Siberell said.


For his part， Abdelkader Messahel said ""We have shared analysis and have had extensive discussion about our experiences in the fight against terrorism.""


""We have also exchanged views on international strategy against terrorism which is a global threat and requires a global response，"" he said.


Messahel said the unstable security situation in Mali and Libya was on the agenda of this meeting， as he urged to restore peace in these two neighboring nations.


The peace process underway in Libya must be completed and it is necessary to enable the national unity government to play its role.


As for Mali， Messahel called upon Malians to make further efforts to fulfill and make their underway peace process a success. Enditem

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