UNITED NATIONS, Sept 23 (Alliance News): Pakistan has called on developing countries to ensure the implementation of commitments outlined in the UN Pact for the Future, aimed at reforming the multilateral system.
Ambassador Munir Akram, Pakistan’s permanent representative to the UN, expressed concerns during a discussion on transforming global governance and advancing the 2030 Agenda for Sustainable Development.
“Undoubtedly, the pact we have adopted is not perfect,” Akram stated, highlighting shortcomings in fulfilling prior commitments made in the Sustainable Development Goals (SDG) political declaration.
He emphasized that real transformation for developing nations can only occur through effective implementation.
The ambassador underscored the need for reforms in international financial architecture, advocating for the re-channeling of 50% of the 2021 Special Drawing Rights (SDR) allocations to developing countries.
He called for increased representation of these nations in international financial institutions, improved access to concessional lending, and a review of sovereign debt structures.
Akram criticized the Pact’s trade provisions as “unsatisfactory,” stressing that trade should once again serve as a driver of growth and development.
He urged resistance to “new environmental protectionism” and advocated for a robust revival of the WTO dispute settlement system.
Addressing the digital divide, he called for equitable data governance and emphasized the importance of avoiding fragmentation in the digital space.
He also highlighted the necessity of leveraging artificial intelligence through initiatives like an international scientific panel on AI and establishing a fund for AI capacity building.
“The key will be the computing power for developing countries,” Akram concluded, asserting the need for access to the latest technologies to achieve these goals.
