Context:
India hosted 3rd Voice of Global South Summit (VOGSS)
Key highlights:
- 123 countries joined virtually (China & Pakistan not invited)
- Theme – An Empowered Global South for a Sustainable Future
- India proposed Global Development Compact (GDC) to focus on trade for development, sustainable growth, technology sharing, etc.
- India will launch a special fund of $2.5 million to boost trade promotion activities & Trade policy training fund of $1 million for capacity building.
India’s Initiatives for Global South:
- India will contribute $25 million for accelerating Digital Public Infrastructure (DPI) in Global South via its Social Impact Fund
- Global South Young Diplomat Forum was launched to promote education and capacity building.
- Induction of African Union into G20 as a permanent member during India’s G20 Presidency.
- Aarogya Maitri with an emphasis on India’s mission of One World-One Health for health security.
Source: Ministry of External Affairs
Previous Year Question
With reference to ‘Indian Ocean Rim Association for Regional Cooperation (IORARC)’, consider the following statements:
1. It was established very recently in response to incidents of piracy and accidents of oil spills.
2. It is an alliance meant for maritime security only.
Which of the statements given above is/are correct?
[UPSC Civil Services Exam – 2015 Prelims]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (d)
Explanation:
It was established in 1997 and formerly known as the Indian Ocean Rim initiative.
Maritime security, trade, and investment, disaster risk reduction, academic and scientific Corporation, cultural exchange, blue economy, empowerment of women, and fisheries management are identified as eight priorities area of the Indian Ocean Rim Association.
