AIRLINK 191.84 Decreased By ▼ -1.66 (-0.86%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.67 Increased By ▲ 0.14 (1.86%)
FCCL 37.86 Increased By ▲ 0.16 (0.42%)
FFL 15.76 Increased By ▲ 0.16 (1.03%)
FLYNG 25.31 Decreased By ▼ -0.28 (-1.09%)
HUBC 130.17 Increased By ▲ 3.10 (2.44%)
HUMNL 13.59 Increased By ▲ 0.09 (0.67%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.21 Increased By ▲ 0.11 (1.8%)
MLCF 44.29 Increased By ▲ 0.33 (0.75%)
OGDC 206.87 Increased By ▲ 3.63 (1.79%)
PACE 6.56 Increased By ▲ 0.16 (2.5%)
PAEL 40.55 Decreased By ▼ -0.43 (-1.05%)
PIAHCLA 17.59 Increased By ▲ 0.10 (0.57%)
PIBTL 8.07 Increased By ▲ 0.41 (5.35%)
POWER 9.24 Increased By ▲ 0.16 (1.76%)
PPL 178.56 Increased By ▲ 4.31 (2.47%)
PRL 39.08 Increased By ▲ 1.01 (2.65%)
PTC 24.14 Increased By ▲ 0.07 (0.29%)
SEARL 107.85 Increased By ▲ 0.61 (0.57%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.11 Increased By ▲ 2.71 (7.45%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.60 Increased By ▲ 0.36 (4.37%)
TPLP 12.37 Increased By ▲ 0.59 (5.01%)
TRG 66.01 Increased By ▲ 1.13 (1.74%)
WAVESAPP 12.78 Increased By ▲ 1.15 (9.89%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.95 Increased By ▲ 0.10 (2.6%)
BR100 11,930 Increased By 162.4 (1.38%)
BR30 35,660 Increased By 695.9 (1.99%)
KSE100 113,206 Increased By 1719 (1.54%)
KSE30 35,565 Increased By 630.8 (1.81%)

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.