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China stresses the need to advance economic globalization amid global crisis

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As the world deals with major changes and a pandemic unseen in a century, China has highlighted the importance of advancing globalization even as the economic integration process faces headwinds.

To forge greater synergy for development and close the development gap, the international community needs to pool cooperation resources, platforms and networks of development partnerships, Chinese President Xi Jinping said on Friday in a virtual address to the plenary session of the 25th St. Petersburg International Economic Forum.

“We have full confidence in China’s economic development,” Xi said. “China will continue to promote high-quality development, expand high-standard opening-up with firm resolve, and pursue high-quality Belt and Road cooperation.”

More equitable, sustainable global development

Noting that the international community is keen to achieve more equitable, sustainable and secure development, Xi said it is important to seize opportunities, meet challenges head-on, and work on the implementation of the Global Development Initiative to build a shared future of peace and prosperity.

The Chinese president proposed the Global Development Initiative in his speech to the 76th Session of the United Nations General Assembly via video link in September last year. The plan charts a course for international development.

It is important that all countries strengthen the “soft connectivity” of development policies and international rules and standards, Xi told the attendees at the forum.

Attempts at decoupling, supply disruption, unilateral sanctions and maximum pressure should be rejected, and trade barriers removed so as to keep global industrial and supply chains stable, tackle the worsening food and energy crises, and revive the world economy, he said.

It is important to follow true multilateralism, and respect and support all countries’ pursuit of development paths suited to their national conditions, he said, adding that it is also important to build an open world economy and increase the representation and voice of emerging markets and developing countries in global economic governance.

He also called on countries to pursue innovation-driven development, stressing the importance of unlocking the potential of innovation-driven growth, improving the rules and institutional environment for innovation, and breaking down barriers to the flow of innovation factors.

Xi urged efforts to deepen exchanges and cooperation in innovation, facilitate deeper integration of science and technology into the economy, and make sure the fruits of innovation are shared by all.

Chinese President Xi Jinping addresses the plenary session of the 25th St. Petersburg International Economic Forum in virtual format, June 17, 2022. /Xinhua

China to continue promoting high-quality development

The Chinese president pointed out that the fundamentals of the Chinese economy – strong resiliency, enormous potential and long-term sustainability – remain unchanged.

As one of the first countries to resume work and production, the country became the only major economy to register positive growth in 2020, with its GDP surpassing 114.4 trillion yuan (about $18.1 trillion) in 2021.

A recent report released by the American Chamber of Commerce in South China has indicated that over 70 percent of the assessed companies have reinvestment plans in China for 2022, and 58 percent consider their overall return on investment in China to be higher than in other places.

China stands ready to work with Russia and all other countries to explore development prospects, share growth opportunities, and make new contributions to deepening global development cooperation and building a community with a shared future for mankind, Xi said.

Source: CGTN

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UN Ocean Conference: Joint effort needed to combat plastic pollution

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Twenty-one new governments announced they will join the New Plastics Economy Global Commitment at the UN Ocean Conference on June 27, further boosting the leadership on tackling plastic pollution.

Established in 2018 and led by the Ellen MacArthur Foundation in collaboration with the United Nations Environment Programme (UNEP), the Global Commitment has united more than 500 signatories including businesses, governments and other organizations to drive the transition towards a circular economy for plastic, where plastic never becomes waste.

Plastic is everywhere in our lives, but after we use it, it ends up in the ocean. At least 11 million tonnes of plastic waste end up in the ocean every year, according to the UN, making up 80 percent of all marine debris.

Plastic pollution can have a serious impact on the entire marine ecosystem. Plastic entangles animals and is ingested by marine species. More than 800 marine and coastal species are affected by this pollution, according to the UN. Plastic waste kills up to 1 million sea birds, 100,000 sea mammals, marine turtles and countless fish each year.

Workers hang a The UN holds its Oceans Conference in Lisbon, Portugal, June 27-July 1. /VCG

Switching from virgin plastic to recycled plastic is one of the most effective ways to reduce plastic pollution. However, less than 10 percent of the plastic used around the world is recycled, said the Organization for Economic Co-operation and Development on February 22.

Instead of recycling plastic, more greenhouse gases are emitted each time virgin plastic or single-use plastic is produced, used and disposed. According to projections by UNEP, by 2050, greenhouse gas emissions associated with plastic production, use and disposal, would account for 15 percent of allowed emissions, under the goal of limiting global warming to 1.5 degrees Celsius.

As greenhouse gas emissions increase, the planet will become hotter, and the oceans will also be seriously affected, by phenomena such as sea level rise and ocean temperature rise.

As glaciers melt and sea levels rise, animals are losing their homes. /VCG

Plastic pollution is one of the major global environmental problems, which brings great challenges to global sustainable development. It is estimated that the annual amount of plastic waste flowing into the ocean could triple by 2040, according to the UN.

Many countries have issued a number of plastic pollution control policies, and more and more of them have passed some sort of full or partial ban on plastic bags.

India imposed a ban on single-use plastics on items ranging from straws to cigarette packets to combat worsening pollution in the nation of nearly 1.4 billion people on July 1. Canada will impose a ban on the manufacture and import of single-use plastics by the end of the year.

China has always attached great importance to the control of plastic pollution. As early as 2007, policies were introduced to restrict the production, sale and use of plastic bags. China pledged to substantially extend its laws to combat plastic bag use, first banning all non-compostable bags in major cities by the end of 2020 and extending the ban to the entire country by 2022.

Plastic pollution is a major global environmental problem. /VCG

It’s urgent for all countries to work together to combat plastic pollution.

In March this year, a historic resolution was adopted by countries at the fifth session of the United Nations Environment Assembly. It calls for the convening of an Intergovernmental Negotiating Committee to develop – by the end of 2024 – an international legally binding instrument on plastic pollution, including in the marine environment.

Source: CGTN

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Gov’t does not obstruct freedom of expression: Speaker

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Speaker of Parliament Mohamed Nasheed has stated the administration of President Ibrahim Mohamed Solih does not obstruct freedom of expression. He made the statement in response to a question at the fifth programme of the Ask Speaker series.

Speaking at the programme, Speaker Nasheed said he has not seen President Solih’s administration try to obstruct freedom of speech and expression, and does not believe there are efforts to do so. However, the speaker stated the constitution does not grant freedom of expression without limits and boundaries. He said these boundaries must be respected, especially when it could affect diplomatic relations established with other countries.

During the programme, Speaker Nasheed was also asked if he might contest in the presidential election next year as an independent candidate after leaving the main ruling party, Maldivian Democratic Party (MDP). In response to this question, the speaker said he hopes to remain at MDP till his last day and would definitely not be seen in another party. He said MDP has a vision for the future, and will seek ways to resolve internal conflicts and implement its development vision for the country.

During the programme, Speaker Nasheed answered questions on parliamentary work, as well as other political and social matters. The speaker highlighted the important work carried out by the parliament across the last two terms, including several important bills.

 

Source: psmnews

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US, Taliban discuss foreign reserves, aid for earthquake-hit Afghanistan

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US and Taliban representatives in the Qatari capital Doha worked on details to preserve $3.5 billion in Afghan central bank reserves “for the benefit of the Afghan people.”

Talks between the United States and the Taliban continued in Doha earlier this week to discuss earthquake aid, the State Department said, months after the two parties last met in the Qatari capital in March.

The Taliban is seeking a way to unlock some of the country’s foreign reserves — currently frozen by the United States — following a devastating earthquake last month, with the United States looking for assurances the money would go to help the population.

During the meetings on Wednesday and Thursday, the United States reiterated an earlier pledge of $55 million in new assistance for earthquake relief, the State Department said in a statement on Friday.

And “the two sides discussed in detail US actions to preserve $3.5 billion in Afghan central bank reserves for the benefit of the Afghan people,” the statement said, money which the White House said last week the US was “urgently” working to sort out.

Last week’s 5.9-magnitude earthquake in eastern Afghanistan, which killed more than 1,000 people and left tens of thousands homeless, adds urgency to the funding debate.

“The United States expressed condolences for the loss of life and suffering in Afghanistan caused by recent earthquakes,” the State Department said of the meeting, which was led by Special Representative for Afghanistan Thomas West.

Fundamental freedoms

The United States raised “concerns regarding increased interference by the Taliban in the delivery of humanitarian assistance” and “concerns regarding transparency in delivery of services,” the statement said of the aid.

According to the State Department, US representatives also pushed the Taliban authorities on women’s rights — a sticking point that led Washington to cancel talks in Doha in March, when the group closed girls’ secondary schools in Afghanistan.

“The United States supports the Afghan people’s demands that girls be allowed to return to school and that women be allowed to work, contribute to the country’s economic growth, and move and express themselves freely,” the statement said.

READ MORE: Afghanistan earthquake: Women in urgent need of care, doctors warn

Taliban rule

The Taliban took over in August 2021 after the United States gave up a 20-year military effort.

Washington at the time froze $7 billion in reserves and the international community halted billions in direct aid that Afghanistan and its population of roughly 40 million people had relied on.

The currency has collapsed and the country descended into a serious economic crisis, although some assistance has been restored.

The Taliban are still considered a terrorist group by the United States, which has insisted that any improvement of relations would be dependent on meeting key concerns.

READ MORE: Earthquake survivors in Afghanistan ‘at risk’ of disease outbreak

Source: TRT

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