Global solidarity important for sustainable trade: Kazakh envoy to G20

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Jakarta – Daniyar Sarekenov, Ambassador of the Republic of Kazakhstan to Indonesia, has emphasized the importance of multilateralism and international cooperation in securing and sustaining global trade.

“(The G20 must) rebuild a more sustainable global trade system, demand for assuring supply chains,” Ambassador Sarekenov stated recently in Jakarta during a special interview.

In light of recent geopolitical developments, rising security concerns, trade and technical clashes, and climate change, he said, a modern transformation of the international order is taking place, which is becoming the driving force for global economic conversion.

The realization that there is no alternative to a market economy—with competition as its main condition—raises the question to the international community not only about the need to form a more stable system of international relations, but also about the development of the most effective measures to ensure the functioning of the world economic system, he said.

In this regard, he emphasized the parallels between the remarks presented by Kazakh President Kassym-Jomart Tokayev and Indonesian President Joko Widodo at the 76th United Nations General Assembly.

“I would want to discuss some perspectives that both leaders stressed and suggested as the necessity for appropriate international community activities, which I believe might be taken to the G20 meeting,” he said.

The messages emphasize the crucial need of multilateralism and international solidarity in global commerce in order to build a more sustainable global trading system and ensure supply chains.

He also stressed the importance of mobilizing global health resources to promote fair distribution of COVID-19 vaccinations in order to narrow the gap between “vaccinated” rich economies and “unvaccinated” emerging or developing markets.

Technology transfer and technical support, as well as human capital development, are also required to create additional jobs, he noted.

Then, he added, low-carbon development and the transition from fossil energy to green technology should be pursued in order to attain climate resilience.

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