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World News | China proposes global security initiative, issues position paper on Ukraine crisis

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New Delhi [India]BEIJING, March 2 (Xinhua) — China proposed a global security initiative at the Group of Twenty Foreign Ministers’ Meeting (G20FMM) held here on Thursday, and issued a position paper on a political solution to the Ukraine crisis.

Chinese Foreign Minister Qin Gang said at the G20FMM event, “China will always stand on the side of peace, actively promote peace talks, and play a constructive role.”

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He said that the G20 is the primary forum for international economic cooperation, and global affairs need to be discussed and dealt with.

“No one should engage in power politics or even engage in group confrontation. We must practice true multilateralism, maintain the international system with the United Nations as the core and the international order based on international law, and abide by the international law based on the purposes and principles of the United Nations. basic norms of relations.” Principles of the Charter of the United Nations. We should follow the principle of equal dialogue and consensus,” Qin added.

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Qin also proposed the global development initiative proposed by President Xi Jinping to make global development more inclusive, resilient and universally beneficial.

“The global development initiative provides new options for accelerating the implementation of the 2030 Agenda for Sustainable Development,” Qin said.

He added that macroeconomic policy coordination needs to be strengthened to maintain food and energy security.

“China has put forward relevant initiatives under the G20, China has suspended debt repayments more than any other G20 member, and participated in debt disposal under the common framework. We hope that multilateral financial institutions and commercial creditors will actively participate in the treatment of indebted developing countries,” Qin said.

He also stressed that global economic governance needs to be improved.

“It is important to complete the IMF’s 16th general review of quotas as scheduled, and conduct a shareholding review of the World Bank,” China’s foreign ministry added.

Qin said international development cooperation needs to be strengthened.

“We must support the United Nations Sustainable Development Goals summit, address climate challenges, and implement the Kunming-Montreal Global Biodiversity Framework. The Bali summit consensus on preventing illegal cross-border transportation of waste must be earnestly implemented,” Qin said.

He also said that the development and prosperity of the world cannot be separated from a peaceful and stable international environment.

Qin further stated that China will continue to actively participate in the G20 agenda and make greater contributions to promoting world peace and development and building a community with a shared future for mankind.

He also thanked Foreign Minister Jaishankar and the Indian government for their thoughtful arrangements for G20FMM.

Qin also expressed condolences for the lives lost in the earthquakes in Turkey and Syria. (Arnie)

(This is an unedited and auto-generated story from a Syndicated News feed, the body of content may not have been modified or edited by LatestLY staff)



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