BR100 Increased By (0.11%)
BR30 Decreased By (-0.26%)
KSE100 Increased By (0.12%)
KSE30 Increased By (0.09%)
AGHA 7.81 Increased By ▲ 0.06 (0.77%)
BECO 5.21 Increased By ▲ 0.02 (0.39%)
BML 57.50 Decreased By ▼ -1.16 (-1.98%)
BOP 34.03 Increased By ▲ 0.34 (1.01%)
CNERGY 9.96 Decreased By ▼ -0.65 (-6.13%)
CSIL 5.31 Increased By ▲ 0.01 (0.19%)
FCCL 54.70 Increased By ▲ 0.96 (1.79%)
FFL 16.69 Increased By ▲ 0.23 (1.4%)
FNEL 1.23 Increased By ▲ 0.01 (0.82%)
KEL 7.40 Increased By ▲ 0.12 (1.65%)
KOSM 5.77 Increased By ▲ 0.13 (2.3%)
LOTCHEM 29.32 Decreased By ▼ -0.33 (-1.11%)
MLCF 94.36 Decreased By ▼ -2.00 (-2.08%)
NBP 203.05 Decreased By ▼ -0.48 (-0.24%)
NCPL 57.00 Increased By ▲ 0.15 (0.26%)
NPL 67.70 Increased By ▲ 0.39 (0.58%)
OGDC 315.84 Decreased By ▼ -2.38 (-0.75%)
PACE 10.64 Increased By ▲ 0.01 (0.09%)
PAEL 43.20 Increased By ▲ 1.43 (3.42%)
PIBTL 16.74 Decreased By ▼ -0.07 (-0.42%)
PPL 219.78 Decreased By ▼ -0.39 (-0.18%)
PRL 49.19 Increased By ▲ 0.14 (0.29%)
PTC 70.53 Increased By ▲ 0.52 (0.74%)
SSGC 28.25 Decreased By ▼ -0.89 (-3.05%)
TBL 9.86 Increased By ▲ 0.09 (0.92%)
TELE 8.79 Decreased By ▼ -0.03 (-0.34%)
TPL 18.24 Increased By ▲ 1.07 (6.23%)
TPLP 13.27 Increased By ▲ 0.76 (6.08%)
TREET 22.72 Increased By ▲ 0.13 (0.58%)
TRG 60.14 Decreased By ▼ -0.08 (-0.13%)
By

WASHINGTON: US President Joe Biden said Wednesday that the world was “turning the tide” toward freedoms as he led a second democracy summit with an eye on China and Russia.

Biden, speaking at the White House to the mostly virtual gathering of 121 leaders, formally announced $690 million in new funding to support democracy around the world.

“I believe this is the defining challenge of our age and, today, we can say with pride that the democracies of the world are getting stronger, not weaker. Autocracies of the world are getting weaker, not stronger,” Biden said.

Biden calls Putin’s nuclear deployment talk ‘dangerous’

“Thanks to the commitment of leaders… gathered today and the persistence of people in every region of the world demanding their rights be respected and their voices being heard, we’re seeing real indications that we’re turning the tide here,” Biden told the summit.

Biden, who invited eight more leaders than at his inaugural 2021 democracy summit, cited efforts by Angola to build an independent judiciary and anti-corruption plans by the Dominican Republic and Croatia, as well as US voters’ rejection in November elections of Donald Trump-backed deniers of the 2020 election.

Freedom House, the US-backed research group, in its latest annual report found that democracy deteriorated on a global level in 2022 but that there were a growing number of bright spots.

“We’re at an inflection point in history here when the decisions we make today are going to affect the course of our world for the next several decades,” Biden said.

“Our job is to keep building on our progress, so we don’t start heading in the wrong direction again – to keep the momentum going.”

Comments

Comments are closed for this article.