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Latest News - May 10, 2022

Pakistan committed to deepening its strategic ties with China: FM Bilawal

Foreign Minister Bilawal Bhutto Zardari reaffirmed Pakistan’s resolve to further strengthen its All-Weather Strategic Cooperative Partnership with China, including through the rapid implementation of CPEC, a flagship project of the Belt and Road Initiative (BRI), during a virtual meeting of the Group of Friends of GDI in New York. He also said that Pakistan will continue to work with China through CPEC to advance its national implementation of the Sustainable Development Goals (SDGs), as well as actively participate in the work of the Global Development Initiative (GDI) Group of Friends to promote humanity’s common aspiration of a peaceful, prosperous, and shared future.

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari Monday vowed to carry forward Pakistan’s all weather strategic friendly relations with Peoples Republic of China (PRC).

According to a statement issued by the Ministry of Foreign Affairs (MOFA), Bilawal attended a high-level meeting of the Group of Friends of the GDI, where he emphasised the need to address challenges in order to support emergency actions to increase cooperation in public health and vaccine equity, ensure food security, enhance energy production, promote global green economy, stimulate trade and industrialisation, and eliminate the digital divide.

In his video address, the foreign minister urged the Group of Friends of the Global Development Initiative (GDI) to address the challenges faced by the developing world.

He appreciated China’s initiative to launch GDI and termed it a useful platform to accelerate and coordinate efforts for implementing the globally agreed Sustainable Development Goals (SDGs).

“Recalling the multiple crises posed by the COVID-19 pandemic, climate change and geopolitical developments, with disproportionate and devastating impacts on the Global South, the foreign minister expressed deep concern over the reversal of progress in the implementation of SDGs,” the statement read.

Bilawal, noting that multiple crises have enlarged the gap in financing for development, called upon the international community to mobilise adequate resources for SDGs and fulfill the commitment of providing at least $100 billion annually in climate finance.

He reaffirmed Pakistan’s resolve to further strengthen its All-Weather Strategic Cooperative Partnership with China, including through the rapid implementation of the China-Pakistan Economic Corridor (CPEC), a flagship project of the Belt and Road Initiative (BRI).

“Pakistan will continue its efforts to enhance cooperation with China through CPEC, to advance its national implementation of SDGs, in addition to participating actively in the work of the GDI Group of Friends to promote the common aspiration of a peaceful, prosperous and shared future for all mankind,” the Foreign Office said.

Meanwhile, President Xi Jinping of China put forward the Global Development Initiative during his address to the 76th session of the UN General Assembly in September 2021.

In January 2022, China launched a Group of Friends of GDI in New York — which was joined by Pakistan and more than 50 other countries — as informal cooperation and coordination mechanism for strengthening policy dialogue, sharing best practices, and promoting practical cooperation on realising the SDGs to advance the objectives of GDI.

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