France to support Pakistan for revival of economy

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NEW YORK: France will support Pakistan for revival of economy and reconstruction in the wake of devastating floods in Pakistan. Prime Minister Shehbaz Sharif and French President Emmanuel Macron Tuesday had a bilateral meeting on the sidelines of the 77th Session of the UN General Assembly (UNGA) in New York.

Besides an exchange of views on improving bilateral relations, the two leaders agreed on mobilising international support for Pakistan to help recover and rebuild its economy on a sustainable footing in the aftermath of recent devastating floods in Pakistan.

In order to gather the relevant International Financial partners and development partners, France will host an international conference before the end of the year aiming at contributing to the rehabilitation and reconstruction of flood-affected areas of Pakistan and, with the help of climate-resilient reconstruction related financing, to accelerate transition to renewable energy.

The premier also had a meeting with Spanish President Pedro Sanchez on the sidelines of UNGA. Shehbaz stressed the need for deepening the multifaceted Pakistan-Spain relations with a particular emphasis on inter-parliamentary ties as well as security and defence cooperation. The Spanish president called for bilateral collaboration in the energy sector and people-to-people links.

The prime minister appreciated the support and solidarity of Spanish government in the wake of climate-induced massive floods in Pakistan and thanked for the relief assistance extended by Spain to the affected people. He shared the details of devastation caused by the floods to crops, housing, livestock and critical infrastructure. The prime minister underlined that Pakistan was among the most vulnerable countries to the impacts of climate change. He hoped the international community would step up and help mitigate adverse effects of the floods through active participation in the rehabilitation and reconstruction phase.

In the regional context, the prime minister underlined Pakistan’s support for an inclusive, peaceful, stable, prosperous and connected Afghanistan. He added that Afghanistan faced a grave humanitarian situation as well as formidable challenges to its economy. He stressed that sustained, practical and meaningful engagement of the international community with Afghanistan was essential for ensuring the welfare of Afghan people and for promoting shared goals of peace, security and development in the country.

The PM extended an invitation to President Sanchez to visit Pakistan at his earliest convenience. In a separate meeting Shehbaz Sharif and Chancellor of Austria Karl Nehammer reviewed bilateral relations and exchanged views on regional issues. The prime minister highlighted the immense devastation caused by the unprecedented climate-induced floods in Pakistan and the government’s actions to address the colossal challenge. He thanked Austria for its steadfast support for the GSP+ scheme, stressing that the mutually-beneficial arrangement had yielded positive results for both sides.

The prime minister also met Iranian President Seyed Ebrahim Raisi and reiterated his gratitude to the government and people of Iran for their solidarity and support with the Pakistani nation in the wake of massive floods.

During the meeting, the two leaders agreed to deepen and broaden bilateral cooperation across a broad range of areas, including economic and trade, energy and connectivity, cultural contacts, and people-to-people links.

The prime minister conveyed that Pakistan highly valued the supreme leader’s strong and steadfast support for the just struggle of the people of Indian Illegally Occupied Jammu and Kashmir (IIOJ&K).

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