ISLAMABAD: Several important ministers, including the deputy prime minister, foreign minister, finance minister, and interior minister, departed the federal capital for overseas to attend formal meetings the day after the 26th Amendment to the Constitution was passed.
To attend the commencement of a two-day Commonwealth heads of government and ministerial meeting on October 25, Deputy Prime Minister and Foreign Minister Ishaq Dar departed for Samoa.
Soon after the Senate passed the measure, Interior Minister Mohsin Naqvi traveled to Istanbul to attend SAHA Expo 2024, while Finance Minister Senator Muhammad Aurangzeb departed for Washington on Sunday evening to meet with IMF and World Bank representatives.
Meanwhile, Rana Tanveer Hussain, Minister of Industries and National Food Security, departed for Riyadh to attend the Multilateral Industrial Policy Forum, which opened on Wednesday.
Bilawal Bhutto-Zardari, the chairperson of the PPP, also left the federal capital as soon as the bill for Dubai was passed.
Although it seemed that the ministers had already scheduled their trips overseas, their attendance in the parliament during the bill’s voting process was essential to its passing, and they departed the nation as soon as it was approved.
The United Nations Industrial Development Organization (UNIDO) is hosting the Riyadh Forum to explore creative alternatives and create workable answers to industrial development problems.
Under the theme “Making Industrial Policy Work for SDGs,” the two-day conference will be attended by the nation’s Minister of Industries and National Food Security, Rana Tanveer Hussain. The forum will concentrate on developing practical industrial policy answers and instruments to address the issues of sustainable industrialization.
Mr. Tanveer will meet with Bandar Ibrahim AlKhorayef, the Saudi Minister for Industry and Mineral Resources, during the summit to talk about potential industrial cooperation between the two nations. He will also meet with representatives from other participating nations on the forum’s sidelines.
An important step toward developing practical and efficient industrial policy solutions for sustainable industrialization is the UNIDO Multilateral Industrial Policy Forum (MIPF) 2024.
MIPF 2024 will highlight effective industrial policy initiatives, give stakeholders a chance to showcase creative approaches to industrial development, encourage discussion on practical solutions for regional problems, and lead lively and participatory debates. According to a UNIDO report, the meeting demonstrates a revived interest in industrial policy as a key factor in promoting environmental sustainability, societal well-being, and resilience to unanticipated shocks.
The three thematic work streams that will support the event—”Artificial intelligence, digitalization and automation in manufacturing,” “Energy transition,” and “Resilient and sustainable supply chains”—will be the focus of game changer sessions, fireside chats, round tables, and bilateral meetings to foster networking, partnership building, and the identification of scalable solutions.
The “Riyadh Declaration,” which will be delivered at the UNIDO General Conference in 2025, will also be informed by the results of MIPF 2024. In order to maintain continuity and strengthen the influence of industrial policy talks on a global level, MIPF 2024 and the General Conference are strategically aligned.