Prime Minister Shehbaz Sharif is all set to Pay an official visit to France this week, the Ministry of Foreign Affairs confirmed on Tuesday.
At the invitation of French President Emmanuel Macron, Premier Shehbaz will visit Paris to participate in the New Global Financing Pact Summit being held on June 22-23.
The Foreign office said that the ‘‘summit affords an opportunity for the leaders to discuss the contours of a new global architecture capable of meeting the challenges of financing sustainable development, environment, energy transition and climate change agenda’’.
“In the run up to other important international events and conferences during the next two years, the summit aims to define the principles and steps required for a comprehensive reform of the international financial system, and pave the way for a more balanced and fair partnership between the North and the South,” the press release said.
The Foreign office said that Pakistan will contribute to the debate at the summit ‘‘as a leading stakeholder in the global discourse, a leader in G-77 and China and one of the largest developing countries most affected by climate change’’.
Premier Shehbaz will present Pakistan’s perspective and proposals for reform of International Financial Institutions, climate finance, green infrastructure, attainment of the SDGs and solutions related to debt.
The premier will also hold bilateral meetings with other world leaders on the sidelines of the summit.
France says the two-day summit, which begins on Thursday and will bring together some 50 heads of state and government, was more of a platform for ideas sharing ahead of a cluster of major economic and climate meetings in the coming months.
As per reports, President Macron has said the summit for a New Global Financial Pact is aimed at building a “new consensus” to meet the interlinked global targets of tackling poverty, curbing planet-heating emissions and protecting nature.