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Chinese media welcome PM Imran’s call for debt relief

Pakistan’s envoy to Beijing hopes world leaders will avoid isolationism for good

BEIJING:


Prime Minister Imran Khan’s call for a debt relief initiative for heavily indebted developing countries served as a rallying call for the world to unite in the pursuit of mitigating the negative impact of the Covid-19 crisis, China Global Television Network (CGTN) reported Wednesday.

In a video message posted on Twitter over the weekend, Imran called on the international community to launch a debt relief initiative to help developing countries prevent the negative impact on their people as subsequent humanitarian consequence of the pandemic.

Chinese media noted that there was a precarious situation in the South Asia region, not only in Pakistan, but also in India and Bangladesh as well as other developing countries elsewhere in the world.

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These people obviously need food, but unfortunately cannot afford it. Their governments, saddled with heavy debt, may struggle to help everyone on the scale required. “Therein lies the significance of Prime Minister Imran Khan’s appeal to the international community,” the report added.

Pakistan’s Ambassador to China Naghmana Hashmi said in an interview with china.org.cn On Wednesday, international financial institutions, with the coordination of developed countries, were to offer emergency grants and soft loans to cushion the developing country from the ensuing economic crisis.

“The present situation [virus-induced shut down of economic activities]therefore calls for greater international coordination and cooperation within the global community to curb and completely eliminate this threat,” Ambassador Hashmi said.

“Perhaps this crisis, colossal as it is, reaffirms our resolve in multilateralism and gives world leaders the clarity and courage to avoid isolationism for good and renew faith in joint efforts for a shared and prosperous future for all,” she added.

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“This crisis should be a moment of reflection for us to revisit and revise our previous concepts on transnational health, environment and economic issues and reform them in light of emerging realities for the benefit of all humanity” .

Hashmi said China’s success against the virus was a source of inspiration and hope for all countries battling Covid-19. “China has become the only country in the world that has effectively curbed this disease,” she said.

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