AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

UNITED NATIONS: United Nations Secretary-General Antonio Guterres has drawn comparisons between China's 'One Belt, One Road' initiative and the Sustainable Development Goals, saying both are rooted in a shared vision for global development at a major international conference in Beijing.

"Both strive to create opportunities, global public goods and win-win cooperation. And both aim to deepen 'connectivity' across countries and regions: connectivity in infrastructure, trade, finance, policies and, perhaps most important of all, among peoples," the Secretary-General said addressing Chinese President Xi Jinping and dozens of other state leaders, including Pakistan's Prime Minister Muhammad Nawaz Sharif, at the Belt and Road Forum.

The attendees represent some of the more than 60 countries included in the Belt and Road plan that China introduced in 2013 to stimulate trade and economic growth along the ancient Silk Road and beyond.

"In order for the participating countries along the Belt and Road to fully benefit from the potential of enhanced connectivity, it is crucial to strengthen the links between the Initiative and the Sustainable Development Goals," Guterres noted, adding that the 17 Goals could guide the policies and actions under the Belt and Road towards true sustainable development, according to the text of his speech released at UN Headquarters in New York.

The initiative reportedly includes nearly $1 trillion worth of infrastructure investments in Africa, Asia and Europe. As these projects - which include bridges, nuclear plants and railways - unfold, Guterres highlighted the need to work together to uphold international environmental and social standards, and ensuring that rural areas, not just cities, benefit.

"With the initiative expected to generate vast investments in infrastructure, let us seize the moment to help countries make the transition to clean-energy, low-carbon pathways - instead of locking in unsustainable practices for decades to come," he said, praising Chinese leadership on climate change.He also urged donor countries to continue investing in development projects through official development assistance (ODA), and urged them to fulfill their commitments under the Addis Ababa Plan of Action, which finances projects related to the Sustainable Development Goals (SDGs).

Guterres also called on governments to settle peacefully any tensions related to the One Belt, One Road initiative, saying  "Just as the initiative opens new corridors for goods, let us also keep open the channels for dialogue."

He praised the initiative for its "immense potential" to promote access to markets, and as "far-reaching in geography and ambition."

 

 

 

 

Comments

Comments are closed.