Fintech Trends in Hong Kong

UN urged to push for development in peacebuilding

This undated photo shows Dai Bing, China's deputy permanent representative to the United Nations. (PHOTO / XINHUA)

UNITED NATIONS – Development should continue to be a priority on the peacebuilding agenda of the United Nations, China's deputy permanent representative to the world body said Wednesday.

Sustainable development is the basis of lasting peace, and this is an underlying notion inherent to the UN peacebuilding architecture, Dai Bing told a General Assembly high-level meeting on peacebuilding financing.

Supporting the comprehensive development of the countries concerned is central to the peacebuilding process, around which peacebuilding activities should be planned, strategic objectives specified, so as to create strong synergy, China's deputy permanent representative to the UN Dai Bing said

Supporting the comprehensive development of the countries concerned is central to the peacebuilding process, around which peacebuilding activities should be planned, strategic objectives specified, and the resources of UN agencies mobilized, so as to create strong synergy, he said.

READ MORE: UN: 'Great finance divide' poses setback for sustainable growth

Noting the existing peacebuilding fund-supported projects do not pay enough attention to sustainable development, Dai called for efforts to channel more resources into areas where such urgent needs as poverty eradication, infrastructure, education, health, and vocational skills training exist for developing countries, he said.

Traditional donors should continue to shoulder the primary responsibility for peacebuilding financing, said Dai, stressing that developed countries have a moral obligation to help developing countries develop faster.

ALSO READ: UN agencies warn of famine in Somalia

China has been actively supporting the nation-building and development efforts of developing countries through bilateral and multilateral channels, and has made multiple tranches of contributions to the UN peacebuilding fund, he said.