Global Times: China-Pakistan ironclad ties consolidated; key CPEC projects to advance as ‘BRI, Chinese modernization benefit all’

BEIJING, Nov. 3, 2022 /PRNewswire/ — Chinese President Xi Jinping on Wednesday held talks with visiting Pakistani Prime Minister Muhammad Shehbaz Sharif at the Great Hall of the People in Beijing, and Sharif is one of the world leaders that has visited China right after the conclusion of the 20th National Congress of the Communist […]

BEIJING, Nov. 3, 2022 /PRNewswire/ — Chinese President Xi Jinping on Wednesday held talks with visiting Pakistani Prime Minister Muhammad Shehbaz Sharif at the Great Hall of the People in Beijing, and Sharif is one of the world leaders that has visited China right after the conclusion of the 20th National Congress of the Communist Party of China (CPC).

China is ready to work with Pakistan to elevate the level of all-round strategic cooperation, speed up efforts to build a closer China-Pakistan community with a shared future in the new era, and inject new impetus into their all-weather strategic cooperative partnership, Xi said.

After presenting the key outcomes of the 20th CPC National Congress, President Xi underscored that China will continue its fundamental policy of opening-up and provide new opportunities to Pakistan and the rest of the world through continuous development. China will further deepen synergy between its development strategies and those of Pakistan.

Xi pointed out that facing a highly uncertain world, both sides should stand on the right side of history, keep up their strong cooperation in multilateral mechanisms, and work closely on major international and regional issues so as to uphold true multilateralism, international fairness and justice and the shared interests of developing countries, and inject certainty and positivity into the world.

According to a joint statement issued after the bilateral meeting, the two sides held in-depth exchange of views on the bilateral relations as well as regional situation and international political landscape. The two sides agreed on the importance of China-Pakistan All-weather Strategic Cooperative Partnership amid the emerging global challenges. The meetings were marked by traditional warmth, mutual strategic trust and commonality of views.

In the meeting, Sharif noted that it is a great honor for him to be among the first foreign leaders to visit China after the successful 20th CPC National Congress, which marked a new milestone. The visit is a testament to the profound, ironclad friendship between Pakistan and China.

Sharif said that over the past decade, under the leadership of President Xi, China has created a miracle of great development achievements. China has upheld multilateralism, promoted global solidarity and cooperation, and made important contributions to safeguarding world peace and development. In doing so, China has lived up to its responsibility as a major country.

Qian Feng, director of the research department at the National Strategy Institute at Tsinghua University, told the Global Times “Having invited Sharif as one of the first foreign leaders to visit China after the conclusion of the 20th CPC National Congress, not only demonstrates the ever close relationship between the two sides but once again proves that the international community is optimistic about China’s development in the future, and is willing to strengthen ties with China.”

Pakistan fully supports the Global Development Initiative and the Global Security Initiative put forth by President Xi, said Sharif. It will strengthen communication and collaboration with China in international and regional affairs to make a positive contribution to world peace and development. “The Pakistan-China friendship is unbreakable. Pakistan will always stand firmly with China,” said the Pakistani prime minister.

Through the Belt and Road Initiative, China has helped Pakistan in solving two bottleneck problems plaguing Pakistan’s economic development – infrastructure and energy supply shortage, Qian said. Through the first phase of China-Pakistan Economic Corridor (CPEC) cooperation, it has laid a solid foundation and built a platform for Pakistan’s economic development in the next step, he noted.

“The close and effective strategic coordination between China and Pakistan has set an example of international cooperation and has delivered a clear message to the world, that countries with different social systems, nationalities, civilizations and stages of development can still achieve win-win cooperation,” Qian said.

The two sides will fully utilize the Joint Cooperation Committee of the China-Pakistan Economic Corridor, advance CPEC with greater efficiency, and make it an exemplar of high-quality Belt and Road cooperation, Xi said at the meeting.

China will work with Pakistan to expand cooperation in the digital economy, e-commerce, photovoltaic and other new-energy technologies, and take solid steps to advance cooperation concerning agriculture, science, technology and people’s livelihoods, the Chinese president said.

China will continue to do its best to support Pakistan in stabilizing its financial situation. China supports its provinces with a strong industry in pairing up with Pakistani partners to advance industrial cooperation, and hopes the Pakistani side will provide a sound business environment, Xi noted.

Noting completion of a decade of CPEC’s remarkable achievements in 2023, the two sides expressed satisfaction at CPEC’s contribution to socio-economic development of the two countries, according to the joint statement.

The two sides also noted that the recent meeting of CPEC Joint Working Group on International Cooperation and Coordination (ICC) had highlighted that CPEC was an open and inclusive platform. Both sides welcomed interested third parties to benefit from investment opportunities in the priority areas of CPEC cooperation such as industry, agriculture, IT, science and technology, and oil and gas.

Lin Minwang, a professor at the Institute of International Studies of Fudan University, told the Global Times that due to the fact that there is a clear advantage for the development of the CPEC – the high-level mutual trust between China and Pakistan, and such kind of trust toward China from Pakistan is a solid consensus shared by all major political parties and forces.

“With Sharif coming to power earlier this year, the China-Pakistan cooperation on the CPEC has focused more on the massive infrastructure projects, and to improve the livelihoods for the locals with more progress on infrastructure construction,” Lin said.

Sharif said Pakistan is ready to work with China to continue promoting high-quality Belt and Road cooperation, and hopes to have China’s strong support in the upgradation of ML-1, the Karachi Circular Railway and other important infrastructure projects. Pakistan will further step up security measures and do all it can to protect the safety of Chinese institutions and personnel.

Intercultural Innovation Hub: Calling Projects promoting an inclusive and diverse society

Apply now to become the Next Global Changemakers The new Intercultural Innovation Hub of UNAOC and the BMW Group connects people and cultures, empowers grassroots organizations and elevates intercultural innovation. Selected projects promoting diversity, integration and social inclusion will work towards achieving sustainable growth. Participants will benefit from a financial grant of up to 20,000 […]

Apply now to become the Next Global Changemakers

  • The new Intercultural Innovation Hub of UNAOC and the BMW Group connects people and cultures, empowers grassroots organizations and elevates intercultural innovation.
  • Selected projects promoting diversity, integration and social inclusion will work towards achieving sustainable growth.
  • Participants will benefit from a financial grant of up to 20,000 USD plus a year of capacity-building workshops, customized support, and membership to the “Intercultural Leaders” global networking platform.
  • Deadline for Applications: 2nd December 2022 at www.interculturalinnovation.org.

MUNICH, Germany and NEW YORK, Nov. 03, 2022 (GLOBE NEWSWIRE) — Since 2011, UNAOC and the BMW Group have worked with leaders and organizations from around the globe to tackle intercultural challenges through social innovations. With the new Intercultural Innovation Hub, our mission is to connect people and cultures, empower grassroots organizations, as well as elevate and scale up intercultural innovation. To this end, organizations promoting diversity, integration and social inclusion are invited to become part of the hub and benefit from comprehensive support to expand the social impact of their projects.

Participating and increasing impact
The Intercultural Innovation Hub is focused on supporting projects that promote gender equality, counter violent extremism, hatred, and prejudice, and advocate for art, culture and sports as vectors for social cohesion and diversity, through:

Financial support for sustainable growth: To leverage the social impact of the selected projects, up to ten finalists will receive up to 20,000 USD each to help their initiative scale up sustainably.
One-year capacity-building program: UNAOC and BMW Group with the support of Accenture, will provide the recipients a year-long series of capacity-building workshops and customized support.
Membership to the “Intercultural Leaders” community: Participants will be part of a global network of changemakers working in the fields of social inclusion and diversity.

Apply now and become the next global changemaker
Interested organizations should submit their applications by 5:00 p.m. (EST) on Friday, December 2nd, 2022, at www.interculturalinnovation.org

If you have any questions, please contact:

Milena Pighi, BMW Group Corporate and Governmental Affairs, Spokesperson CSR
Telephone: +49-89-382-66563, Milena.PA.Pighi@bmw.de

Alessandro Girola, Programming Coordinator, UNAOC
Telephone: +1 (929) 274-6217, alessandrog@unops.org

GlobeNewswire Distribution ID  8685593

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages BRP Group, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – BRP

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of BRP Group, Inc. (NASDAQ: BRP) resulting from allegations that the Company may have issued materially misleading business information to the investing public. SO WHAT: If […]

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of BRP Group, Inc. (NASDAQ: BRP) resulting from allegations that the Company may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased BRP Group securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=9278 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On September 13, 2022, market analyst NINGI Research published a report alleging, among other things, that “BRP has doctored its organic growth rate to beat analysts’ estimates” and that “the company misled investors by presenting inorganic revenue as organic revenue through a self-proclaimed separate agreement with an affiliate[.]”

The report also alleges that “in 2020 BRP’s proprietary ‘MGA of the Future’ technology was misappropriated by an employee and handed to a competitor, as alleged by BRP in a lawsuit” and that “the company allegedly did not notice the misappropriation until May 2021 but did not disclose the intellectual property theft to investors to date, despite arguing in a lawsuit that the theft has and will have severe damage to BRP’s revenue and market share[.]”

On this news, BRP Group’s stock fell $2.39 per share, or 7%, to close at $29.98 per share on September 13, 2022.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8687895

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Core Scientific, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – CORZ

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Core Scientific, Inc. (NASDAQ: CORZ) resulting from allegations that Core Scientific may have issued materially misleading business information to the investing public. SO WHAT: If you […]

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Core Scientific, Inc. (NASDAQ: CORZ) resulting from allegations that Core Scientific may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Core Scientific securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=3932 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On September 28, 2022, Celsius Network LLC and related entities filed a motion to enforce the automatic stay and for civil contempt in bankruptcy proceedings alleging that Core Scientific “has knowingly and repeatedly violated the automatic stay provisions of 11 U.S.C. § 362(a)” by refusing to perform its contractual obligations, threatening to terminate the companies’ agreement, and adding improper surcharges. On this news, Core Scientific’s stock fell 10% to close at $1.30 per share on September 29, 2022.

Then on October 27, 2022, before market hours, Core Scientific filed a current report on Form 8-K with the SEC which noted several issues with the Company and stated that the Company “potentially could seek relief under the applicable bankruptcy or insolvency laws. In the event of a bankruptcy proceeding or insolvency, or restructuring of our capital structure, holders of the Company’s common stock could suffer a total loss of their investment.”

The current report also revealed that “[a]s of October 26, 2022, the Company held 24 bitcoins and approximately $26.6 million in cash as compared to 1,051 bitcoins and approximately $29.5 million in cash as of September 30, 2022[,]” and that “[t]he Company anticipates that existing cash resources will be depleted by the end of 2022 or sooner.”

On this news, Core Scientific’s stock fell about $0.79 per share, or over 78%, to close at $0.22 per share on October 27, 2022.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8687836

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Phathom Pharmaceuticals, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – PHAT

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT) resulting from allegations that Phathom may have issued materially misleading business information to the investing public. SO WHAT: If you […]

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT) resulting from allegations that Phathom may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Phathom securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=7943 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On August 2, 2022, before market hours, Phathom issued a press release entitled “Phathom Pharmaceuticals Reports Second Quarter 2022 Financial Results and Provides Business Updates” which announced that “we detected trace levels of a nitrosamine in vonoprazan drug product in our post-approval testing as we prepared for commercial launch.” Further, the press release announced that “[t]he Company is working with the FDA and plans to obtain approval of and implement an additional test method, specification, including a proposed acceptable intake limit, and additional controls to address this impurity prior to releasing our first vonoprazan-based products to the market.” Finally, Phathom announced that “[t]hese additional activities will result in a delay of the planned VOQUEZNA DUAL PAK and VOQUEZNA TRIPLE PAK product launches.”

On this news, Phathom’s stock price fell $2.61 per share, or 28%, to close at $6.46 per share on August 2, 2022.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8687839

 

Profit Repatriation Down by 88% in First Quarter of FY23

The outflow of profits and dividends on foreign investments plunged by 88 percent during the first quarter (July-Sept) of the current fiscal year (FY23) compared to the same period last year.According to the State Bank of Pakistan, multinational compan…

The outflow of profits and dividends on foreign investments plunged by 88 percent during the first quarter (July-Sept) of the current fiscal year (FY23) compared to the same period last year.

According to the State Bank of Pakistan, multinational companies working in different sectors of the country could repatriate only $58.1 million in profits and dividends during the first quarter of FY23 as compared to $478 million during the same period of the last fiscal year.

The decreasing trend in the repatriation of profits and dividends is attributed to lower earnings of foreign firms mainly due to a slowdown in economic activities. However, the decreasing trend in repatriation has eased the burden on the forex reserves of the country.

The international companies repatriated $50.2 million in profits and dividends through Foreign Direct Investment (DFI) and $7.9 million from Foreign Portfolio Investment (FPI) during the first quarter of FY23.

The multinational companies doing business in at least 24 sectors in Pakistan could not repatriate any profits or dividends on investment during the period under review.

The firms which have an investment in the field of food, food packaging, beverage, paper and pulp, leather and leather products, rubber and rubber products, petrochemicals, and petroleum refining were not able to repatriate profits to their homelands. The companies working in the sectors of pharmaceutical and OTC products, cosmetics, cement, ceramics, basic metals, metal products, and machinery other than electrical and electrical machinery also could not repatriate profits.

The international companies with investments in the sectors of busses, trucks, vans and trail, construction, tourism, storage facilities, software development, hardware development, IT services, postal and courier services, and social services, were also not able to repatriate any profits from investments in Pakistan.

The data depicts that the foreign companies working in the mining and quarrying sector in Pakistan repatriated profits and dividends of $17.9 million, the highest outflow of any sector during the first three months of FY23.

The international firms working in the power sector repatriated $15.4 million as profits and dividends on foreign investment during the period under review.

The foreign companies working in the sectors of Tobacco & Cigarettes, sugar, textiles, chemicals, oil and gas explorations, fertilizers, Electronics, Transport Equipment (Automobiles), trade, transport, Communications, Financial Business, and Personal Services have repatriated meager profits and dividends to their countries during the period under review.

Source: Pro Pakistan

Shadab Khan Joins Rizwan, Inches Closer to Shahid Afridi’s Record

Shadab Khan has equaled Mohammad Rizwan’s record to win the third-highest number of T20I Player of the Match awards for Pakistan. He is now one award short of joining Shahid Afridi and Mohammad Hafeez at the top.Shadab Khan delivered an exceptional all…

Shadab Khan has equaled Mohammad Rizwan’s record to win the third-highest number of T20I Player of the Match awards for Pakistan. He is now one award short of joining Shahid Afridi and Mohammad Hafeez at the top.

Shadab Khan delivered an exceptional all-round performance in a crucial match against South Africa in T20 World Cup 2022. The star player rocked the SCG with his mighty sixes as he smashed the second-fastest half-century of the tournament consuming only 20 balls.

Shadab Khan also shifted momentum with the ball by taking two key wickets in his very first over. For his all-round show, Shadab Khan was declared the Man of the Match against South Africa.

Bagging his 10th Man of the Match Award in T20I cricket, Shadab Khan leveled Mohammad Rizwan on the list of winning the most number of awards. He is also just one award shy of Shahid Afridi and Mohammad Hafeez who are tied at the top with 11 each.

Seeing his fine form, Shadab Khan is expected to jump over Shahid Afridi and Mohammad Hafeez’s record soon in the upcoming contests.

Source: Pro Pakistan

Ethiopian govt, Tigrayan rebels agree to end two-year war

A truce has been reached between Ethiopian government and Tigrayan rebels to halt two-year civil war leading to thousands of deaths.The African Union has mediated the ceasefire.Speaking at the ceasefire ceremony, Head of the African Union mediation tea…

A truce has been reached between Ethiopian government and Tigrayan rebels to halt two-year civil war leading to thousands of deaths.

The African Union has mediated the ceasefire.

Speaking at the ceasefire ceremony, Head of the African Union mediation team Olusegun Obasanjon told the media that the two parties in the Ethiopian conflict have formally agreed to the cessation of hostilities and to disarmament

In a statement, Prime Minister Abiy Ahmed described the agreement as monumental and committed to its implementation.

UN Secretary-General Antonio Guterres termed it a welcome first step and hoped to bring some solace to the millions of Ethiopian civilians that have really suffered during this conflict.

Source: Radio Pakistan

Arab League reiterates full support for establishment of independent Palestine state

Arab League has reiterated full support for the establishment of an independent Palestine state on the basis of the 1967 borders with East Jerusalem as its capital.In a declaration issued after the two-day 31st Arab League Summit in Algiers, it also ca…

Arab League has reiterated full support for the establishment of an independent Palestine state on the basis of the 1967 borders with East Jerusalem as its capital.

In a declaration issued after the two-day 31st Arab League Summit in Algiers, it also called on Israel to end the blockade on the Gaza Strip and halt attacks against Palestinians.

The Summit warned of the risks brought by changing international situation posed to Arab national security and stability, stressing the importance of unifying efforts to preserve Arab common interests.

It also called for cooperation in ensuring food and energy security, confronting climate change, as well as ending the crises in some Arab countries.

Source: Radio Pakistan