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%)

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.