BR100 Increased By (0.2%)
BR30 Increased By (0.41%)
KSE100 Increased By (0.07%)
KSE30 Increased By (0.23%)
AGHA 7.75 Decreased By ▼ -0.17 (-2.15%)
BECO 5.19 Decreased By ▼ -0.01 (-0.19%)
BML 58.66 Decreased By ▼ -0.59 (-1%)
BOP 33.69 Increased By ▲ 0.01 (0.03%)
CNERGY 10.61 Increased By ▲ 0.80 (8.15%)
CSIL 5.30 Decreased By ▼ -0.12 (-2.21%)
FCCL 53.74 Increased By ▲ 0.22 (0.41%)
FFL 16.46 Decreased By ▼ -0.22 (-1.32%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.28 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.64 Increased By ▲ 0.03 (0.53%)
LOTCHEM 29.65 Increased By ▲ 0.54 (1.86%)
MLCF 96.36 Increased By ▲ 0.86 (0.9%)
NBP 203.53 Decreased By ▼ -0.82 (-0.4%)
NCPL 56.85 Decreased By ▼ -1.39 (-2.39%)
NPL 67.31 Decreased By ▼ -0.48 (-0.71%)
OGDC 318.22 Increased By ▲ 0.28 (0.09%)
PACE 10.63 Decreased By ▼ -0.08 (-0.75%)
PAEL 41.77 Decreased By ▼ -0.06 (-0.14%)
PIBTL 16.81 Increased By ▲ 0.31 (1.88%)
PPL 220.17 Increased By ▲ 0.43 (0.2%)
PRL 49.05 Increased By ▲ 4.46 (10%)
PTC 70.01 Decreased By ▼ -0.76 (-1.07%)
SSGC 29.14 Increased By ▲ 0.21 (0.73%)
TBL 9.77 Decreased By ▼ -0.07 (-0.71%)
TELE 8.82 Increased By ▲ 0.06 (0.68%)
TPL 17.17 Increased By ▲ 0.72 (4.38%)
TPLP 12.51 Increased By ▲ 0.41 (3.39%)
TREET 22.59 Decreased By ▼ -0.21 (-0.92%)
TRG 60.22 Increased By ▲ 0.19 (0.32%)
By

BANGKOK: The Asia-Pacific is no one’s backyard and should not become an arena for a big power contest, China’s President Xi Jinping said in written remarks on Thursday, calling on the world to reject any cold war mentality.

“No attempt to wage a new cold war will ever be allowed by the people or by our times,” Xi said in remarks prepared for a business event on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Bangkok, which he had to withdraw from due to his meetings schedule.

“We should follow a path of openness and inclusiveness,” he said in the speech, which was provided by organisers, adding the region should not turn into “an arena for big power contest.”

“Unilateralism and protectionism should be rejected by all; any attempt to politicise and weaponise economic and trade relations should also be rejected by all.”

The APEC meeting follows a series of regional summits so far dominated by geopolitical tension over the war in Ukraine.

At the Group of 20 (G20) meeting in Bali, countries unanimously adopted a declaration saying most members condemned the Ukraine war, but that also acknowledged some countries saw the conflict differently. Host Indonesia said the war was the most contentious issue.

Xi urges G20 wealthy nations to reduce fallout of rate hikes

Russia is a member of both G20 and APEC but President Vladimir Putin has stayed away from the summits. First Deputy Prime Minister Andrey Belousov will represent him at APEC.

Host Thailand on Thursday said leaders gathering for the APEC forum should “rise above differences”.

Its Foreign Minister Don Pramudwinai said the meeting of the 21-member bloc, which starts on Friday, “takes place at a pivotal juncture” with the world facing multiple risks.

“Cancel mentality... permeates every conversation and action, (and) makes any compromise appear impossible,” he said in a statement after a meeting of the bloc’s foreign ministers ahead of the main summit. “That’s why APEC this year must rise above these challenges and deliver hope to the world at large.” US Vice President Kamala Harris and Australian Prime Minister Anthony Albanese are among those also attending the main meeting, while French President Emmanuel Macron is a special guest.

Comments

Comments are closed for this article.