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Envoy says Beijing will continue its role as an engine in global economy

The success of the Global Development Initiative, or GDI, proposed by China for the achievement of the 2030 Agenda for Sustainable Development, drew praise from the United Nations.

The GDI is a global public good provided by China, said Zhang Jun, China’s permanent representative to the UN, on Wednesday. Based on China’s own development experience, the initiative is aimed at promoting common development and building a shared future.

“I hope more like-minded friends and partners will join the Group of Friends of the GDI and participate in the policy exchanges and practical cooperation under the GDI framework. Let’s work together to turn the vision of the 2030 Agenda into reality,” Zhang said in his opening remarks at a briefing of the Group of Friends of the GDI.

The briefing was held at the UN’s headquarters in New York, and it was co-hosted by the Permanent Mission of China to the UN and the UN in China.

“China will continue to play its role as an engine of the world economy. China will continue to share its development experience with other countries. China will continue to provide more public goods to the international community,” Zhang said.

“We believe China’s new progress in its modernization will provide new development opportunities for other countries and promote the building of a community with a shared future for humankind.”

During the keynote speech, Luo Zhaohui, chairman of the China International Development Cooperation Agency, said China is promoting a Chinese path to modernization and is committed to high-quality development and high-level opening-up. It is accumulating valuable experience for the realization of SDGs, and providing feasible and replicable action plans.

He said China will continue to practice the concept of a community with a shared future for humankind, build a global development partnership, and promote common development.

All parties present at the briefing agreed that global economic recovery is sluggish, and multiple crises have been intertwined. Thus, the practical significance and long-term impact of the GDI have become increasingly prominent.

Timely proposal

Chimed Khurelbaatar, Mongolia’s deputy prime minister and minister of economy and development, said the GDI is a “timely, pragmatic and efficient initiative that will play an important role in accelerating the implementation of the 2030 Agenda for all countries”.

Russian Deputy Foreign Minister Alexander Pankin said that with regard to current global geopolitical tensions and the weakening role of the UN, the GDI emphasizes being people-centered and focuses on key areas such as poverty reduction, food security and technological innovation, which is “very significant”.

The UN’s permanent representatives from Singapore, Cuba, Zimbabwe and other countries said with the initiative putting development issues at the top of the UN agenda, it will become an “accelerator” for the implementation of the 2030 Agenda and a “catalyst” for multilateralism.

Other permanent representatives of Pakistan, Ethiopia, Sri Lanka and other countries to the UN said that in less than two years after the GDI was proposed, the 32 implementation measures announced by China have already been steadily advancing and have achieved positive results.

The Group of Friends of the GDI should work together to create more cooperation results, they said.

Ministerial officials from Guinea, Cuba, Tajikistan, Honduras, Dominica, Sri Lanka, Tanzania and other countries, and permanent representatives or deputy permanent representatives of more than 80 members of the Group of the Friends of the GDI also joined the meeting.

Representatives from nearly 20 UN agencies, including the UN Development Programme and Food and Agriculture Organization, joined the meeting. In total, more than 200 representatives attended the high-level meeting. (PR)

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International

CARNEY’S LIBERAL PARTY VICTORIOUS

Mark Carney’s Liberal Party is projected to win enough seats to form a government in the Canadian elections which were held yesterday, April 28th 

The party is still short of the  majority but Carney is set to remain Prime Minister of Canada, a post he held for only two months following Justin Trudeau’s resignation.

Media reports state that the spectacular electoral comeback was fuelled in part by US President Donald Trump’s language, the trade war and economic threats.

Meanwhile the conservative leader and Carney’s main rival Pierre Poilievre has been projected to lose his seat.

Results at this time are:

Liberal – 168

Conservative- 144

Bloc Quebecois – 23

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International

UK Trade Relationship With EU ‘More Important’ than with US

The UK chancellor has told the BBC that the UK’s trade relationship with the European Union, EU, is arguably “more important” than the one it has with the United States.

Rachel Reeves suggested that moving closer to the EU on trade was a bigger priority, despite her current focus on talks with the US.

After her meeting with US Treasury Secretary Scott Bessent last Friday, Reeves tweeted that both the UK and US want a deal that is “in both our national interests”.

Earlier this week, she signalled the UK could lower tariffs on US car imports from their current 10 per cent to 2.5 per cent as part of a wider deal.

The UK is preparing for a summit with the EU in May in an attempt to “reset” the relationship between the two.

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International

CANADIANS GO TO THE POLLS TODAY

Canadians are casting their ballots today Monday April 28th, in a pivotal election that has been completely transformed by US President Donald Trump.

The Conservatives appeared certain to win any contest by a landslide at the start of the year, until Trump’s tariffs and barbs about making Canada the “51st state” upended the country’s politics and injected fresh life into Mark Carney’s Liberal Party.

The final polls suggest the Liberals are slightly ahead, although the race has tightened in the past week and Conservative leader Pierre Poilievre says his party can win.

The 36-day campaign ended on a sombre note as party leaders responded to the Saturday evening car ramming that killed 11 people in Vancouver.

Carney, the incumbent prime minister, cancelled a stop in Hamilton on Sunday morning to address the nation following the attack, which saw an SUV ram into a crowd gathered for a local Filipino festival.

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