AIRLINK 69.99 Decreased By ▼ -3.07 (-4.2%)
BOP 4.95 Decreased By ▼ -0.14 (-2.75%)
CNERGY 4.32 Decreased By ▼ -0.05 (-1.14%)
DFML 31.25 Decreased By ▼ -1.20 (-3.7%)
DGKC 76.76 Increased By ▲ 1.27 (1.68%)
FCCL 19.91 Increased By ▲ 0.39 (2%)
FFBL 34.40 Decreased By ▼ -1.75 (-4.84%)
FFL 9.14 Decreased By ▼ -0.08 (-0.87%)
GGL 9.81 Decreased By ▼ -0.04 (-0.41%)
HBL 113.40 Decreased By ▼ -3.30 (-2.83%)
HUBC 132.82 Increased By ▲ 0.13 (0.1%)
HUMNL 7.03 Decreased By ▼ -0.07 (-0.99%)
KEL 4.28 Decreased By ▼ -0.13 (-2.95%)
KOSM 4.35 Decreased By ▼ -0.05 (-1.14%)
MLCF 35.98 Decreased By ▼ -0.22 (-0.61%)
OGDC 132.56 Decreased By ▼ -0.94 (-0.7%)
PAEL 22.26 Decreased By ▼ -0.34 (-1.5%)
PIAA 24.18 Decreased By ▼ -1.83 (-7.04%)
PIBTL 6.51 Decreased By ▼ -0.04 (-0.61%)
PPL 117.07 Increased By ▲ 1.76 (1.53%)
PRL 25.94 Decreased By ▼ -0.69 (-2.59%)
PTC 13.54 Decreased By ▼ -0.56 (-3.97%)
SEARL 52.20 Decreased By ▼ -1.25 (-2.34%)
SNGP 68.54 Increased By ▲ 1.29 (1.92%)
SSGC 10.60 Decreased By ▼ -0.10 (-0.93%)
TELE 8.47 Increased By ▲ 0.05 (0.59%)
TPLP 10.85 Increased By ▲ 0.10 (0.93%)
TRG 59.55 Decreased By ▼ -4.32 (-6.76%)
UNITY 25.05 Decreased By ▼ -0.07 (-0.28%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,422 Decreased By -39.2 (-0.53%)
BR30 24,026 Decreased By -145.6 (-0.6%)
KSE100 70,880 Decreased By -223 (-0.31%)
KSE30 23,318 Decreased By -76.6 (-0.33%)

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar has called for early operationalisation of the “Loss and Damage Fund” and associated arrangements.

Khar led the Pakistan delegation to 22nd Commonwealth Foreign Affairs Minister Meeting (CFAMM) held on 15th March 2023 in London, Foreign Office said here on Friday.

In a statement, the Foreign Office said that Khar also represented Pakistan at the Commonwealth Day Service at Westminster Abbey and the reception hosted by Secretary General Commonwealth at Buckingham Palace.

At the CFAMM, she stated that the Minister of State presented Pakistan’s perspective on global and regional developments and their implications for developing countries including Pakistan. She called on the Commonwealth to take the lead in developing a new fiscally responsible model for sustainable development that addresses the issues of existing debt burden.

The Minister of State outlined the importance of international collaboration on climate change and the availability of significant, additional and predictable financial resources for climate adaptation and mitigation.

She also called for early operationalisation of the “Loss and Damage Fund” and associated arrangements.

The CFAMM endorsed, inter alia, the initiative by the Board of Governors to modernise the Commonwealth, with the establishment of three working groups on reforms; administration and programme; and finance.

Pakistan in its capacity as vice chair of the Board of Governors would be leading the working group on administration and programme, it added.

On the sidelines of Commonwealth events, according to the statement, the Minister of State met with UK Minister of State for Development Andrew Mitchell, Minister for Foreign Affairs and Regional Integration of Ghana Shirley Ayorkor Botchwey, Minister for Foreign Affairs of Sri Lanka MUM Ali Sabry, Cabinet Secretary for Foreign and Diaspora Affairs of Kenya Dr Alfred Mutua, Canadian Parliamentary Secretary to the Foreign Minister MP Robert Oliphant, and Secretary General Commonwealth Patricia Scotland.

Copyright Business Recorder, 2023

Comments

Comments are closed.