cover image: RIS Diary - India Hosts 3rd Voice of Global South Summit - Key Points from Hon’ble Prime Minister

RIS Diary - India Hosts 3rd Voice of Global South Summit - Key Points from Hon’ble Prime Minister

22 Aug 2024

In the periods of global economic expansion and the early phase of the global recession (2008-15), LDCs showed notably stronger trade progress than most of the other major subgroups of the Global South. [...] In words of the Prime Minister, the 3rd Voice of the Global South Summit has gained higher significance in that regard as the countries of the Global South aspire to collectively influence the outcomes of the Summit of the Future and the proposed Pact of the Future. [...] The Pact for the Future, the planned outcome document of the Summit, must have the voice of the Global South squarely parked in it if we want the Summit to bring out an equitable and inclusive outcome of the ongoing deliberations. [...] With the rise of the Global South in the world economy during the 21st century, the institutions and paradigms of the 20th century need to be forsaken in favour of the Global Development Compact that the Prime Minister announced in the 3rd Voice of the Global Summit. [...] This has had a positive impact on the The inclusion of the African Union in the G20 has Eastern coast of Africa, sparking a surge of interest in certainly strengthened the voice of the Global South.
Pages
24
Published in
India

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