AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

Commonwealth states should make efforts for deeper debt relief to boost economic recovery: FM

*Qureshi says it is a matter of concern that coronavirus pandemic has been accompanied by a spike in intolerance, violence and racial discrimination around the globe
Published October 14, 2020

(Karachi) Foreign Minister Shah Mahmood Qureshi has called commonwealth countries to make efforts for deeper and more sustained debt relief for stronger and more sustained economic recovery, Radio Pakistan reported.

Addressing a virtual meeting of Commonwealth Foreign Affairs Ministers on Wednesday, he said the commonwealth countries should utilize commonalities in legal and administrative systems to overcome protectionism and maintain free trade.

He said a "people's vaccine" for the treatment of COVID-19 pandemic should be developed.

The FM maintained that there should be a regime in which all treatments and diagnoses are made, patent-free, mass-produced, and available to all countries and people free of cost.

Qureshi stated that it is a matter of concern that coronavirus pandemic has been accompanied by a spike in intolerance, violence and racial discrimination around the globe. This is manifested in various forms of hate speech, xenophobia, Islamophobia and supremacist ideologies, he said.

He said core principles of rule of law, fundamental freedoms and multilateralism are in danger.

Regarding human rights violations by India in Jammu and Kashmir, he said a South Asian state is targeting specific religious and ethnic groups in order to foment division and hatred among communities.

It has usurped the rights and freedoms of millions, fanned hyper-nationalism, engineered illegal demographic change in disputed territories, and stoked regional tensions, he added.

About the negative impact of climate change, the FM emphasized on developed countries to fulfill their pledge to mobilize 100 billion dollars annually for climate action. He said despite Pakistan's limited contribution to global Green House gas emissions, it is among the most climate-vulnerable countries.

He said Pakistan has also joined the Commonwealth Blue Charter Action Group on "Mangrove Ecosystems and Livelihoods".

Comments

Comments are closed.