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Context:
India’s reinforced its commitment to the Global South by participating in the Group of 77 plus China Summit held in Cuba (2023 Chairman).
About Group of 77 (G-77):
- It is called G77 Plus China because while China works closely with the group, it does not officially consider itself a full member.
- It was established in 1964 by 77 developing countries.
- It provides the means for the countries of the South to articulate and promote their collective economic interests and enhance their joint negotiating capacity.
- Currently, it has 134 members, including India.
- Chairmanship –
- Rotation on a regional basis (between Africa, Asia-Pacific and Latin America and the Caribbean)
- Tenure – 1 year
- Summit Highlights –
- India highlighted that through G20 and other initiatives, it is promoting the interest of the Global South.
- Hosted Voice of Global South Summit to shape a positive G20 agenda.
- Facilitated the Inclusion of the African Union in G-20 as a permanent member.
The phrase “Global South” refers broadly to the regions of Latin America, Asia, Africa, and Oceania.
What is Brandt Line?
- Developed in 1980s
- It is a way of visualizing the world that highlights the disparities and inequalities between the wealthy North and the poorer Global South.
- Richer countries are almost all located in the Northern Hemisphere, except for Australia and New Zealand. Poorer countries are mostly located in tropical regions and in the Southern Hemisphere.
- Based on the “North-South: A Programme for Survival”, a report addressing the problems of international inequality.
Source: DD News
Previous Year Question
With reference to the “G20 Common Framework”, consider the following statements:
1. It is an initiative endorsed by the G20 together with the Paris Club.
2. It is an initiative to support Low Income Countries with unsustainable debt.
Which of the statements given above is/are correct?
[UPSC Civil Services Exam – 2022 Prelims]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (c)
Explanation:
It is the Common Framework for Debt Treatments beyond the Debt Service Suspension Initiative (DSSI). An Initiative endorsed by G20 together with Paris Club. It was announced in November 2020 to deal with the issue of unsustainable debts faced by various countries as an impact of COVID-19. Hence, both the statements are correct.