{"id":513907,"date":"2025-11-11T14:52:52","date_gmt":"2025-11-11T09:52:52","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=513907"},"modified":"2025-11-11T14:52:52","modified_gmt":"2025-11-11T09:52:52","slug":"dpm-dar-calls-for-revival-of-multilateralism-global-financial-reform-at-margalla-dialogue-2025","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/dpm-dar-calls-for-revival-of-multilateralism-global-financial-reform-at-margalla-dialogue-2025\/","title":{"rendered":"DPM Dar calls for revival of multilateralism, global financial reform at Margalla Dialogue 2025"},"content":{"rendered":"<p>Deputy Prime Minister and Foreign Minister (DPM\/FM), Senator Mohammad Ishaq Dar on Monday called for renewed global commitment to multilateralism and urgent reforms in the international financial and governance systems, as he inaugurated the Sixth Margalla Dialogue 2025 hosted by the Islamabad Policy Research Institute (IPRI).<br \/>\nSpeaking at the opening session themed \u201cThe Future of Global Order: Cooperation or Confrontation,\u201d Senator Dar said the topic was extremely relevant amid the erosion of multilateral values, the rise of bloc politics, trade wars, and widening global inequalities. The forum, described as a galaxy of seasoned professionals, brought together leading thinkers, diplomats, and scholars to deliberate on the most pressing challenges confronting global peace and prosperity.<br \/>\n\u201cIn my recent addresses at multilateral forums, including the United Nations Security Council, I have repeatedly warned that humanity is facing unprecedented challenges that threaten to disrupt global peace, prosperity, and security,\u201d Dar stated.<br \/>\nHe cautioned that the very foundations of multilateralism and international cooperation especially those represented by the United Nations were under strain, as skepticism and ongoing conflicts questioned their effectiveness. \u201cMultilateral institutions are weakening, and I mean it. The UNSC remains deadlocked due to political divisions, while in many cases, there is no meaningful mechanism to act against those who defy its resolutions,\u201d the DPM remarked. \u201d<br \/>\nCiting the examples of Palestine and Jammu and Kashmir, Dar said there was a growing perception that the Security Council was failing to fulfill its primary responsibility of maintaining global peace and security. He also drew attention to deepening global inequalities and debt distress that now afflict over 100 countries, undermining the achievement of the Sustainable Development Goals (SDGs).<br \/>\n\u201cDeveloping countries like Pakistan are bearing the brunt of climate change despite contributing negligibly to global emissions. Yet we remain among the top ten most climate-vulnerable nations,\u201d Dar noted. \u201cIn this backdrop, cooperation not confrontation must define our international approach.\u201d<br \/>\nReaffirming Pakistan\u2019s \u201cfirm belief in the enduring relevance of multilateralism,\u201d the Foreign Minister said the United Nations remains the world\u2019s most representative platform for addressing shared challenges. He emphasized Pakistan\u2019s consistent support for the principles of the UN Charter, including self-determination, non-use of force, and the peaceful settlement of disputes.<br \/>\nReferring to Pakistan\u2019s presidency of the UN Security Council earlier this year, Dar highlighted the unanimous adoption of Resolution 2788, which he chaired, as a testament to Pakistan\u2019s commitment to effective multilateralism and the UN Charter. He also mentioned Pakistan\u2019s initiative to strengthen institutional linkages between the UN and the Organization of Islamic Cooperation (OIC), the second-largest multilateral body in the world.<br \/>\n\u201cIt is hard to imagine a world without such institutions. In the same spirit, Pakistan supports other initiatives aimed at increasing multilateral cooperation, including China\u2019s Global Governance Initiative, of which we are a signatory. It seeks to make the global governance system more responsive to the needs of developing countries,\u201d he said.<br \/>\nDar stressed that to truly strengthen multilateralism, all states, large or small, must adhere to the principles of the UN Charter and international law. \u201cTo break the vicious cycle of poverty and inequality, we must address the imbalances in the international economic system,\u201d he said, calling for comprehensive reforms of the global financial architecture to promote development and equity.<br \/>\nHe urged concrete measures to assist developing countries caught in liquidity and debt crises through concessional financing, rechanneling of unused Special Drawing Rights (SDRs), and enhanced lending capacity of multilateral development banks. \u201cNeither the SDGs nor global climate goals can be achieved without international cooperation and a robust implementation mechanism,\u201d he asserted.<br \/>\nDar also called for equitable access to advanced technologies, particularly digital tools, and for reforms in the global trading system to promote sustainable development. He urged developed countries to meet their climate finance commitments as the world prepares for COP30 in Brazil, stressing the need for a balanced focus on adaptation, mitigation, and loss and damage.<br \/>\nExpressing satisfaction that the Sixth Margalla Dialogue addressed many of these pressing issues, Dar highlighted Pakistan\u2019s strategic geographic position and economic potential. \u201cLocated at the crossroads of South Asia, Central Asia, and the Middle East, Pakistan is endowed with vast mineral wealth, human capital, and connectivity potential,\u201d he said. \u201cWe are determined to enhance regional connectivity and strengthen partnerships for socioeconomic progress.\u201d<br \/>\nDeputy Prime Minister Ishaq Dar said Pakistan remains committed to pursuing a geo-economic vision centered on cooperation and shared prosperity. \u201cWe remain open to engaging with all partners and institutions to achieve common goals,\u201d he said. \u201cI hope the deliberations at the Margalla Dialogue will help chart new pathways for cooperation toward a more stable, equitable, and prosperous future for all,\u201d the DPM concluded.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deputy Prime Minister and Foreign Minister (DPM\/FM), Senator Mohammad Ishaq Dar on Monday called for renewed global commitment to multilateralism and urgent reforms in the international financial and governance systems, as he inaugurated the Sixth Margalla Dialogue 2025 hosted by the Islamabad Policy Research Institute (IPRI). Speaking at the opening session themed \u201cThe Future of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":477512,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-513907","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DPM Dar calls for revival of multilateralism, global financial reform at Margalla Dialogue 2025<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/dpm-dar-calls-for-revival-of-multilateralism-global-financial-reform-at-margalla-dialogue-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DPM Dar calls for revival of multilateralism, global financial reform at Margalla Dialogue 2025\" \/>\n<meta property=\"og:description\" content=\"Deputy Prime Minister and Foreign Minister (DPM\/FM), Senator Mohammad Ishaq Dar on Monday called for renewed global commitment to multilateralism and urgent reforms in the international financial and governance systems, as he inaugurated the Sixth Margalla Dialogue 2025 hosted by the Islamabad Policy Research Institute (IPRI). Speaking at the opening session themed \u201cThe Future of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/dpm-dar-calls-for-revival-of-multilateralism-global-financial-reform-at-margalla-dialogue-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-11T09:52:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2025\/05\/Ishaq-Dar.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"679\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta 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