Foreign Minister Bilawal Bhutto Zardari has said that the current global economic system is not effective enough to deal with the problems of developing countries.
He said at the end of the meeting of the Ministerial Conference of the Group of 77 and China in New York on Saturday that developing countries are facing economic challenges.
He said that at least one hundred countries are suffering from economic crisis and millions of people in these countries are forced to live a life of hunger and poverty.
“The world, especially developing countries, is facing a perfect storm of challenges. The deepest economic recession in a century is disproportionately affecting the poorest countries and reversing a decade of growth,” He emphasized.
“It has also become clear that the current international economic system has failed to respond to the plight of developing countries,” he asserted. “Over a hundred countries faced financial collapse. Over a billion people faced hunger and destitution.”
He said the worst recession of this century is affecting poor countries as it reverses the direction of growth that was achieved in the last decade.
Bilawal pointed out that an increasing number of disasters caused by climate change are affecting poor countries as the recent flood disaster in Pakistan is an example of this disaster.
Bilawal criticized India for terrorism in Pakistan.
Addressing a press conference yesterday, Bilawal told India that Osama bin Laden is dead, but the butcher of Gujarat, Narendra Modi, is still alive and has become the Prime Minister of India.
The Indian government does not believe in Gandhi’s ideology but believes in the ideology of his murderer. He said that Indian government is influenced by Hitler.
Condemning India’s role in fueling terrorism in Pakistan, the foreign minister said that terrorist elements in Pakistan are supported by the neighboring country. He said that external elements are trying to create instability in Balochistan.
Bilawal Bhutto said that there is irrefutable evidence of Indian involvement in Lahore’s Johar Town blast. He demanded that elements responsible for terrorism in Pakistan should be brought to justice.
He said that terrorism in Pakistan is sponsored from abroad. He stressed the need to prevent terrorist groups from receiving training and financial support from across the border.
The Foreign Minister said that Pakistan is proud of its achievements in the war against terrorism, as the country has taken concrete steps in the National Action Plan for Counter-Terrorism.
