Group of 77 developing nations have crucial role in banishing poverty says

“In all of our efforts, let us be guided by the shared resolve to create a world where people live free from want and fear,” he told the annual ministerial meeting of the so-called G-77, held on the sidelines of the General Assembly’s General Debate. “Today, I am counting on the G-77 and China to help us move on two tracks: first, honouring, as fast as we possibly can, our existing commitments and agreements; and second, looking ahead to the period after 2015, when we need to set new targets and aim for fresh goals,” he said of the Millennium Development Goals (MDGs) that seek to slash hunger and poverty, maternal and infant mortality, a host of diseases and lack of access to education and health care, all by 2015.The Group, established in 1964 by 77 States, now counts more than 130 countries, some two thirds of the UN membership and over 60 per cent of the world’s population. Mr. Ban noted that a year ago, a UN summit on the MDGs reaffirmed the world’s commitment to collective action that works. “But we still need to do more to boost official development assistance (ODA), facilitate technical assistance, and share best practices,” he said, warning that despite great progress “we are lagging.“The wealth gap is growing. More and more people find their jobs at risk. Fewer people can find decent work. It is especially tough for young people,” he added, stressing the urgent need to lay out a path for even greater advances to succeed the MDGs after 2015.“Even as we try to accelerate progress towards the MDGs, we have to begin planning a new generation of sustainable development goals to build on the success of the MDGs. The MDGs were visionary and ambitious when they were adopted [in 2000], but even then we knew they went only half-way towards our ultimate goal of a world free of poverty.”Listing the many challenges facing the world, including uncertainties in the global economy, increased volatility in international financial markets, rising food prices worldwide, famine in the Horn of Africa, and natural disasters threatening security and development, Mr. Ban paid particular attention to the problems confronting young people.“Youth across the world lack the opportunities they deserve. Many are understandably frustrated,” he said. “Their anxiety can lead to unrest, but with help and support, it can also be channelled into a force for positive change. We have to respond to the aspirations of the world’s youth, and all people who are seeking better economic, social, environmental and political conditions.”General Assembly President Nassir Abdulaziz Al-Nasser noted the G-77 included emerging nations whose resilient growth during the current global financial crisis had kept the world’s economy from slumping into recession, while a large number of members are also considered the most vulnerable countries.“And you continue to remind us of something fundamental: that there can be no sustainable peace without sustainable development and global prosperity,” he told the meeting.“This year, we come together at a critical juncture in the world’s history. World leaders are faced with never-before-seen challenges: extraordinary events in the Arab world, a worsening global economic and financial crisis, increasingly frequent and severe natural disasters and the adverse impacts of climate change, and extreme famine in the Horn of Africa,” he added, pledging to working with every Member State, to build bridges for a united global partnership.“We will need strong collaboration and consensus-building to move forward the Assembly’s heavy agenda this session, in particular on economic and financial issues.” 23 September 2011From achieving current development goals to securing even more ambitious targets, the bloc of developing nations known as the Group of 77 and China has a pivotal role to play in achieving the ultimate goal of a world free from poverty, Secretary-General Ban Ki-moon said today. read more

Pakistan and Sri Lanka discuss expanding bilateral ties

The Sri Lankan Envoy on the occasion also mentioned about the recent visit of Prime Minister Nawaz Sharif to Sri Lanka which ushered new era of cooperation. Minister Dar said that Pakistan was keen to follow the goal of increasing bilateral trade volume with Sri Lanka and that both countries could jointly work to achieve this objective. (Colombo Gazette) He was accompanied by Ms Wijayanthi Edirisinghe, Minister and Head of Chancery of the High Commission of Sri Lanka. Jayanath Lokuketagodage said he was pleased to assume responsibilities as High Commissioner to Pakistan. Pakistan and Sri Lanka have had talks on expanding the bilateral relationship between both countries.The Sri Lankan High Commissioner to Pakistan Major General (rted) Jayanath Lokuketagodage called on Pakistan’s Finance Minister Senator Mohammad Ishaq Dar in Islamabad and discussed matters pertaining to bilateral cooperation, the Pakistan Observer reported. The Pakistan Finance Minister, while welcoming the Sri Lankan High Commissioner, said that all possible support would be extended to him for fortifying Pak-Sri Lanka ties in different fields particularly in economic sphere.The Minister referred to his meetings with his Sri Lankan counterpart recently in Beijing and Davos and added they shared views on advancement of bilateral economic cooperation. He said Sri Lanka strongly desired to expand its economic cooperation with countries in the region, especially Pakistan and it would be his endeavor to further build up Pak-Sri Lanka contacts. read more