WILPF made this statement at the 40th session of the UN Human Rights Council (HRC40), during the Interactive Dialogue (ID) at which the Independent Expert on Foreign Debt presented the report on his visit to Ukraine and the Guiding Principles on human rights impact assessment of economic reform policies. The Guiding Principles are based on existing human rights obligations of States and other actors, offering legal and operational guidance to ensure respect and fulfilment of their obligations. They are the result of a two-year drafting process, involving broad consultation with states, international financial institutions, civil society and trade union organisations, and human rights experts and practitioners. WILPF contributed to the process.