Pakistan elected to head UN commission on investment, development

Election reflects international community’s recognition of Pakistan's role as an important trade player: FO


News Desk November 22, 2017
Ambassador Farrukh Amil. PHOTO COURTESY: Permanent Mission of Pakistan to the United Nations and International Organizations, Geneva

Ambassador Farukh Amil, the permanent representative of Pakistan to the United Nations, has been elected as president of the Commission on Investment, Enterprise and Development of the UN Conference on Trade and Development (UNCTAD) in Geneva.

The Commission on Investment, Enterprise and Development is an important UN forum which brings together UN member states, investment promotion and technology agencies, the business community, academia and civil society.

“Pakistan’s presidency and active participation at the forum provides us an opportunity to share our experiences as well as learn best practices to help improve investment climate in the country,” read a statement issued by Pakistan’s Foreign Office on Wednesday.

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“Pakistan’s election to lead the UN Commission on Investment reflects international community’s recognition of our role as an important player in multilateral fora on trade and development."

The statement added that Pakistan is also set to assume the Chairmanship of the Group of 77 and China in Geneva for the year 2018.”

The ninth annual session of the commission is being held in Geneva from 20-24 November, 2017.

This year’s session is addressing as its main theme: “From decisions to actions: Investment and enterprise development as catalysts for accomplishing the 2030 Agenda for Sustainable Development”.

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