HRC61 - EU Statement - Interactive Dialogue with the Independent Expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of human rights, particularly economic, social and cultural rights

United Nations Human Rights Council

61th session

Interactive Dialogue with the Independent Expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of all human rights, particularly economic, social and cultural rights

4 March 2026

EU statement

 

Thank you, Mr./Madam Vice / President,

We thank the Independent Expert for today’s presentation of her latest report [on International Assistance and Cooperation]. 

The European Union consistently emphasises the mainstreaming of human rights-based approach into its international assistance and cooperation policies and instruments.

The EU’s commitment to human rights is enshrined in its founding treaties and strategic documents. EU Strategic Framework on Human Rights and Democracy sets out the EU’s priorities and actions for promoting human rights globally, including through international partnerships and cooperation. EU Action Plan on Human Rights and Democracy (2020-2027) provides concrete actions for integrating human rights into all external policies, including development cooperation. All EU agreements with third countries include clauses on human rights, democracy, and the rule of law. 

The European Union acknowledges that external debt burdens and related financial obligations of States can affect human rights, and remains concerned about the high level of debt vulnerabilities some low and middle-income countries are facing. Adequate financial resources are important for the fulfilment of States’ primary responsibility with regard to the respect, protection and fulfilment of human rights. 

As part of its Global Gateway (2021–2027) strategy, the EU helps partner countries to create an enabling environment that plays a key role in mobilising increased investments, which meet environmental, social and governance standards. The EU supports partner countries in strengthening their spending policies and Public Financial Management (PFM) systems, including on dimensions such as fiscal transparency, resource mobilisation, expenditure control and public investment management. 

Sustainable and inclusive fiscal policies enable states to meet their human rights obligations. Transparency, participation, targeted spending, and accountability through these reforms, help ensure that public resources are used in ways that respect, protect, and fulfill human rights. 

Madam Special Rapporteur, 

What institutional innovations would have both short- and long-term impact on foreign debt management? 

Thank you.