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Voice of the Global South Summit: India must amplify the views of the Global South as president of the G20 summit.
Key Takeaway
- The “Voice of the Global South Summit,” the government’s first important event at the leadership level of the G20, is a very significant signal.
- It also marks a change from New Delhi’s previous focus on the “high-table” of global leadership, including its interactions with the UNSC P5 and G-7, to one that emphasises a more equitable understanding of the globe and how imbalances affect the poor world.
Voice of the Global South Summit
- About
- India held the conference to communicate the perspectives of developing countries on the effects of the epidemic and the war in Ukraine.
- Eight ministerial sessions, including ones on finance, energy, education, foreign policy, and business, are scheduled for the event.
- Theme
- Voice of Global South Summit 2023 was held under the theme “Unity of Voice, Unity of Purpose”.
- The Inaugural Leaders’ session theme is “Voice of Global South – for Human-Centric Development”, and that of the Concluding Leaders’ session is “Unity of Voice-Unity of Purpose”.
- Participation
- More than 120 countries have registered to attend the Voice of the Global South Summit 2023.
Factors that position India as the “Voice of the global south”
- Firstly, India balances a variety of deeply established interests in its history and culture.
- Asian, African, and Latin American nations rely on India to speak up for them.
- India has been at the forefront of airing its worries about gasoline, food, and fertilisers.
- India recognises that efforts to advance climate justice and sustainable development may be sidelined due to other, more pressing challenges.
- In addition, the global order does not accurately reflect the current status of the globe.
- India needs to take the initiative in promoting group activity.
- 75 years later, most decisions are still made using institutions and procedures from that time.
- India favours making reforms to the UN and other international organisations.
Global South
- About
- The Global South is a term often used to identify the regions of Latin America, Asia, Africa, and Oceania.
- It is one of several phrases, including “Third World” and “Periphery,” that refers to territories outside of Europe and North America, most of which are low-income and often politically or culturally excluded.
- Unifying the Global South
- The Prime Minister has set the stage for this gathering on behalf of developing nations, many of whom are linked by a shared history of colonisation.
- At the gathering, headlined “Respond, Recognize, and Reform,” India offered to speak for the countries of the Global South and presented a new agenda to the world.
- Current crisis
- According to PM, a crisis is presently engulfing the entire planet, and it is unclear how long this “state of instability” will last.
- The Global South should have a say in the “emerging order” because the “eight-decade-old model of global governance” does not give it a meaningful voice.
- He claimed that it wasn’t to blame for most world issues.
- But we experience the repercussions more.
- The COVID pandemic, climate change, terrorism, and even the Ukraine conflict are examples of this.
- Additionally, the hunt for solutions does not consider our contribution or voice.
- India wants to stand in for the Global South in 2023.
- As India begins its G20 Presidency this year, we aim to make this organisation’s voice heard.
Way Forward
- In this multipolar world, the entire North and South must work together to address the challenges of industrialised and emerging countries and promote the East as the West.
- According to some economists, unrestricted capital flows between nations and worldwide free trade could narrow the North-South divide.
- In this situation, more equitable trade and financial flows would give emerging nations a chance to continue their economic development.
Pic Courtesy: The Hindu
Content Source: The Hindu