AIRLINK 204.45 Increased By ▲ 3.55 (1.77%)
BOP 10.09 Decreased By ▼ -0.06 (-0.59%)
CNERGY 6.91 Increased By ▲ 0.03 (0.44%)
FCCL 34.83 Increased By ▲ 0.74 (2.17%)
FFL 17.21 Increased By ▲ 0.23 (1.35%)
FLYNG 24.52 Increased By ▲ 0.48 (2%)
HUBC 137.40 Increased By ▲ 5.70 (4.33%)
HUMNL 13.82 Increased By ▲ 0.06 (0.44%)
KEL 4.91 Increased By ▲ 0.10 (2.08%)
KOSM 6.70 No Change ▼ 0.00 (0%)
MLCF 44.31 Increased By ▲ 0.98 (2.26%)
OGDC 221.91 Increased By ▲ 3.16 (1.44%)
PACE 7.09 Increased By ▲ 0.11 (1.58%)
PAEL 42.97 Increased By ▲ 1.43 (3.44%)
PIAHCLA 17.08 Increased By ▲ 0.01 (0.06%)
PIBTL 8.59 Decreased By ▼ -0.06 (-0.69%)
POWER 9.02 Decreased By ▼ -0.09 (-0.99%)
PPL 190.60 Increased By ▲ 3.48 (1.86%)
PRL 43.04 Increased By ▲ 0.98 (2.33%)
PTC 25.04 Increased By ▲ 0.05 (0.2%)
SEARL 106.41 Increased By ▲ 6.11 (6.09%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 42.91 Increased By ▲ 0.58 (1.37%)
SYM 18.31 Increased By ▲ 0.33 (1.84%)
TELE 9.14 Increased By ▲ 0.03 (0.33%)
TPLP 13.11 Increased By ▲ 0.18 (1.39%)
TRG 68.13 Decreased By ▼ -0.22 (-0.32%)
WAVESAPP 10.24 Decreased By ▼ -0.05 (-0.49%)
WTL 1.87 Increased By ▲ 0.01 (0.54%)
YOUW 4.09 Decreased By ▼ -0.04 (-0.97%)
BR100 12,137 Increased By 188.4 (1.58%)
BR30 37,146 Increased By 778.3 (2.14%)
KSE100 115,272 Increased By 1435.3 (1.26%)
KSE30 36,311 Increased By 549.3 (1.54%)

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.