China, Pakistan sign MoU to enhance development cooperation

July 15, 2024 (MLN): China and Pakistan have signed an MoU to strengthen development cooperation and promote the Global Development Initiative, focusing on poverty reduction, medicine, education, infrastructure, agriculture, and other crucial areas.

According to a press statement, the landmark MoU was signed during the 2nd High-level Meeting of the Forum on Global Action for Shared Development, organized by the China International Development Cooperation Agency (CIDCA) in Beijing.

During the meeting, President Asif Ali Zardari called for collaborative efforts by the Eastern nations to ensure sustainable development and common prosperity through China’s Global Development Initiative (GDI).

He highlighted that GDI had great potential to significantly shape the future of the world by promoting shared development. He urged the developing countries to play a leading role in the global development process.

Representatives of foreign countries, international organizations, foreign companies and non/ governmental organisations attended the event held in Beijing.

In his statement, President Zardari underscored the importance of viewing global challenges such as progress, development, and health, from an Eastern perspective.

He pointed out that most of the global population lived in the Eastern hemisphere, particularly in countries like China, Pakistan, and other neighbouring nations.

The President emphasized that Pakistan was eager to see President Xi Jinping and the People’s Republic of China spearheading GDI, leading the East and the entire world into the new millennium.

It is worth stating that through the Global Development Initiative (GDI), China aims to help accelerate the implementation of the UN 2030 Sustainable Development Agenda and solve the dilemma of global development.

China is collaborating with global partners to speed up the implementation of GDI by enlarging its Friend Circle, mobilizing resources, and building capacities for shared prosperity.

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