• The question of addressing the global debt crisis amid rising government cooperation and restrictive monetary policies

• The question of combating corruption in international financial systems

• The question of evaluating the economic impacts of protectionist tariffs and tax policies on global trade

Greetings honorable MUN directors, fellow chairs, distinguished delegates, and esteemed guests.

My name is GiYeon Kim, a Junior at UNIS Hanoi. It is a great pleasure to serve as the head chair for GA2 at the upcoming M2026 UNISMUN conference. Additionally, I’m proud to be involved within the Ambassador and Delegate Training team, meaning I am eager to assist anyone seeking guidance or clarity during the conference. Whether you have questions about procedures, resolution writing or you are navigating your first MUN experience, please feel free to reach out.

GA2, also known as the Economic and Financial Committee, focuses on issues related to global economic stability, sustainable development and international financial systems. As we gather under the theme “Is our rules-based international system able to adapt to contemporary challenges to security and sovereignty?” I encourage all delegates to critically examine how economic cooperation, transparency and collective action can strengthen this system and ensure it remains resilient in the face of emerging global challenges.

As we confront the global debt crisis, it is important to examine how increasing cooperation among governments can pave the way for sustainable solutions. Countries worldwide are grappling with unsustainable debt levels exacerbated by restrictive policies aimed at controlling inflation and stabilising economies. In this context, collaborative efforts–such as debt restructuring frameworks and bilateral financial support–are critical. Delegates should consider how collective actions can alleviate the burdens on indebted nations and foster economic recovery, ensuring that policies are not only effective but also equitable and inclusive.

Corruption remains as a significant barrier to economic development and social equity, particularly within international financial systems. It undermines trust, distorts markets and diminishes the effectiveness of aid and investment. Addressing this issue requires a multi-faceted approach that includes stricter regulatory frameworks, transparency initiatives and international cooperation to track illicit flows of capital. As delegates engage on this topic, they should explore innovative strategies that have shown promise in combating corruption, while also considering the ethical implications of financial institutions’ roles in fostering accountability across borders.

In an increasingly interconnected world, the rise of protectionist tariffs and stringent tax policies raises critical questions about their economic implications for global trade. While such measures are often employed to shield domestic industries, they can lead to unintended consequences, including trade wars, diminished export opportunities and increased costs for consumers. Delegates must assess how these policies affect not only the economies of the nations implementing them but also the broader dynamics of global trade relationships. A thorough analysis will empower delegates to propose balanced solutions that protect national interests while promoting international cooperation and trade efficiency. 

Greetings, honourable chairs, distinguished delegates, and most esteemed guests,

My name is  Jihoo Park, a junior from St. Paul Hanoi American School. This year is my third year enrolling in the MUN program, and this will be my third time chairing, with this being my 8th conference. I determined to be a part of MUN in search of building new relationships with other people and having the freedom to express my thoughts. It is an honor to serve as the deputy chair for the General Assembly 2(GA2) for this upcoming UNISMUN March 2026 Conference.

The conference’s theme, “Is our rules-based international system able to adapt to contemporary challenges to security and sovereignty”, leads to an essential acknowledgment that, as a global community, humankind must continuously cooperate and establish an interconnectivity in order to cope with rapidly changing and dynamic societies. In the context of GA2, delegates are encouraged to collect more insights into the economic and financial interconnectivities and cooperations that could counter the contemporary challenges with security and sovereignty.

General Assembly 2, in short GA2, is indeed one of the principal organs under the UN General Assembly. By having to primarily address globalization and interdependence, agriculture, cybersecurity, and climate-related economic challenges, GA2 aims to tackle global-scale economic policies, developmental financing, and economic issues damaging vulnerable countries, including LEDCs and Landlocked states. Further, GA2 promotes poverty eradication, food security, and sustainable urban development through debates and resolutions.

First and foremost, the question of addressing the global debt crisis amid rising government cooperation and restrictive monetary policies is an important issue to debate in GA2, as promoting debt relief mechanisms through a multilateral fiscal and monetary framework could hold significance in LEDCs, where reducing debt distress risks from high interest rates and spending pressures, enabling essential investments in growth and social programs.

Second of all, the question of combating corruption in international financial systems is well connected to this committee, since supporting and reinforcing conventions such as the UN Convention Against Corruption, and establishing resolutions on illicit financial flows are prioritized in GA2.

Lastly, the question of evaluating the economic impacts of protectionist tariffs and tax policies on global trade is a good idea that connects well to this committee, as nation-states are experiencing heightened costs, reduced exports, and inequalities from economic frameworks, prompting GA2’s advocacy for open trade. 

Thus, as a deputy of GA2, the chair highly recommends all delegates to conduct further research and get familiar with these topics first by understanding the position of their country economically and diplomatically, how the delegate’s country is involved in the context of each topic, and develop pragmatic solutions to each topic. Always feel free to reach out.

Hello delegates!

The theme of this conference, the question of “is our rules-based international system able to adapt to contemporary challenges to security and sovereignty” has never been more immediate, reminding us that humanity is not something that remains inert. Rather, it is constantly shifting in accordance with the development of new technology or new beliefs. With this in mind, why is it assumed that our contemporary systems can adapt without similar reforms or amendments?

My name is Frank Su, a freshman from the International School of Beijing, and I am honored to be serving as the your Procedural President for the General Assembly 2 for this year’s UNISMUN—the general assembly involved with global economic and financial matters, such as international trade, debt, globalization, or poverty eradication. Personally, this is one of the most vital organs of the general assembly; how can any other form of global cooperation succeed or manifest, if the underlying foundation is absent? Ultimately, one cannot build a skyscraper without a solid foundation: whether it is sustaining development aid, regulating financial markets, or supporting nations during crises, the decisions in this committee can define a nation’s fate. 

The first topic in this committee, “Addressing the global debt crisis amid rising government cooperation and restrictive monetary policies,” is especially urgent. Today, nations like Sri Lanka and Ghana face tripping debt, the latter with a debt-to-GDP ratio of 90%. With such burdens and constraints, facilitating the development of even the simplest infrastructure can be arduous, often hitting citizens the hardest. Coordinated action, such as the G20 Common Framework, proves how cooperation between sovereign nations can restore economic stability in other countries. The second topic, “Combating corruption in international financial systems,” has similar impacts to the global debt crisis. In Africa, an estimated 88-100 billion dollars is lost annually through illicit financial flows, including corruption or embezzlement—money that can be used for the development of infrastructure, similarly. This corruption destroys trust, and investment or foreign aid also significantly reduces. Finally, the topic of “Evaluating the economic impacts of protectionist tariffs and tax policies on global trade” connects directly to contemporary tensions, such as the U.S. tariffs on all foreign copper imports, causing its price to skyrocket, disrupting supply chains and reshaping markets. 

Therefore, in my role as your procedural chair, I hope I can encourage you all to engage in fruitful debate, taking into consideration the theme of this year’s conference with committee topics. With more than ten conferences behind me, five times as a chair, I still enjoy every bit of MUN: the chaos, the ideas, the friends you make. Outside of MUN, I enjoy playing tennis and the piano, or, just hanging out with my friends. However, ultimately, I hope that I can make this experience as meaningful and enjoyable as it has been for me. I wish you all the best with your research and preparation, and I look forward to seeing you all soon!