ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari reaffirmed Pakistan’s resolve to further strengthen its All-Weather Strategic Cooperative Partnership with China, including the rapid implementation of China-Pakistan Economic Corridor (CPEC)
The foreign minister was addressing the High-Level Meeting of the Group of Friends of Global Development Initiative (GDI) held in virtual format in New York, said a statement by the Foreign Office.
FM Bilawal said Pakistan will continue its efforts to enhance cooperation with China through CPEC to advance its implementation of Sustainable Development Goals (SDGs), in addition to participating actively in the work of the GDI to promote the common aspiration of a peaceful, prosperous and shared future for all mankind,.
In his video address, Bilawal appreciated China’s initiative to launch GDI and termed it a useful platform to accelerate and coordinate efforts for implementing the globally agreed SDGs.
Recalling the multiple crises posed by the COVID-19 pandemic, climate change and geo-political developments, with disproportionate and devastating impacts on the Global South, he expressed deep concern over the reversal of progress in the implementation of SDGs.
Foreign Minister @BBhuttoZardari speaking at the high-level virtual meeting of the Group of Friends of GDI on the theme of Deepening Cooperation under Global Development Initiative for accelerated Implementation of the 2030 Agenda. pic.twitter.com/mpjqjckZz0
— PPP (@MediaCellPPP) May 10, 2022
He urged the GDI Group of Friends to address the challenges faced by the developing world and 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 industrialization, and eliminate the digital divide.
The foreign minister, noting that the multiple crises have enlarged the gap in financing for development, called upon the international community to mobilize adequate resources for SDGs and fulfill the commitment of providing at least $100 billion annually in climate finance.
President Xi Jinping of China put forward the GDI 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 an informal cooperation and coordination mechanism for strengthening policy dialogue, sharing best practices, and promoting practical cooperation on realizing the SDGs to advance the objectives of GDI.