India To Host Second Global South Summit

Context:

  • India will host the second Voice of Global South Summit with a focus on sharing with the members the key outcomes achieved in various G20 meetings during India’s presidency of the grouping.

What is the Global South Summit?

  • The Global South Summit will serve as a platform to discuss ways to sustain the momentum for the common aspiration of the member countries of a more inclusive, representative, and progressive world order.
  • Focus: Sharing the key outcomes achieved in various G20 meetings over the course of India’s Presidency with the countries of the Global South. 
    • The challenges posed by global developments are also likely to be discussed. 
    • Discuss ways to sustain the momentum generated toward the common aspiration of a more inclusive, representative, and progressive world order
  • First edition of the Voice of Global South Summit: It was hosted by India in virtual format in January 2023. 
    • The Global South Summit brought together 125 countries of the Global South to share their perspectives and priorities on a common platform.

What is the Global South?

  • Brandt line: Global South is an imaginary boundary running from the Rio Grande into the Gulf of Mexico, across the Atlantic Ocean, through the Mediterranean Sea, and over the vast expanses of Central Asia to the Pacific Ocean.
    • It separated countries with comparatively higher GDP per capita concentrated in the Northern Hemisphere and the majority of the poor countries concentrated in the south of the line. 
  • Global South: It denotes a mix of political, geopolitical, and economic commonalities between nations and it is not geographical as the two largest countries (China and India) lie entirely in the Northern Hemisphere.
  • They’re primarily considered developing countries, but also include China and several wealthy Gulf states.

Global South Summit

News Source: Economic Times

 

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UDAAN PRELIMS WALLAH
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