India held the Third Voice of Global South Summit (VOGSS), an event underpinned by India’s philosophy of ‘Vasudhaiva Kutumbakam’.
About Voice of Global South Summit (VOGSS)
- VOGSS serves as a platform for countries from the Global South to discuss shared challenges and priorities.
- The summit aligns with India’s vision of inclusive development, “Sabka Saath, Sabka Vikas, Sabka Vishwas aur Sabka Prayas.”
- India hosted the first two editions in January and November 2023.
Key highlights of 3rd Voice of Global South Summit (VOGSS)
- Theme: “An Empowered Global South for a Sustainable Future.”
- Virtual Meet: 123 countries participated (China and Pakistan were not invited).
- Global Development Compact (GDC): India proposed the GDC to address concerns over debt burdens related to development finance. It focuses on trade, sustainable growth, and technology sharing.
India’s Initiatives:
- $2.5 million fund for trade promotion activities.
- $1 million Trade Policy Training Fund for capacity building.
- $25 million contribution to accelerate Digital Public Infrastructure (DPI) in the Global South.
- Global South Young Diplomat Forum launched for education and capacity building.
- Induction of African Union into G20: Promoted as a permanent member during India’s G20 Presidency.
- Vision of Aarogya Maitri: Promoting “One World-One Health,” with initiatives like Jan Aushadhi Kendras in African and Pacific Island countries.
About Global South:
- The Global South includes countries often referred to as developing, less developed, or underdeveloped.
- These nations are typically located in regions of Africa, Latin America, Asia, and Oceania.
- They are distinguished from the wealthier Global North by the Brandt line.
Challenges:
- Obsolete Global Governance: Current global governance and financial institutions are outdated and do not address the needs of the Global South.
- Technology Divide: Significant disparities exist in technological access and development between the Global North and South.
- Security Threats: Terrorism, extremism, and separatism pose serious challenges to the stability and development of these regions.
India and Global South
- India has positioned itself as a strong advocate for the Global South, emphasizing inclusive and sustainable development.
- Through initiatives like the Social Impact Fund, India is contributing significantly to accelerating DPI and building capacity in these regions.
- India’s leadership in global forums, such as promoting the African Union’s inclusion in the G20, underscores its commitment to the Global South’s development and integration into global governance.
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Frequently Asked Question:
What is the Voice of Global South Summit (VOGSS)?
VOGSS is a platform for Global South countries to discuss common challenges and priorities for inclusive development.
When was the third Voice of Global South Summit held?
India hosted the third edition in 2024, with the first two editions held in January and November 2023.
What was the theme of the third VOGSS?
The theme was “An Empowered Global South for a Sustainable Future.”
What is the Global Development Compact (GDC)?
The GDC is India’s proposal to address development finance issues, focusing on trade, sustainable growth, and technology sharing.
What initiatives did India announce during the 3rd VOGSS?
India announced several initiatives, including a $2.5 million fund for trade promotion and a $25 million contribution for Digital Public Infrastructure (DPI).
What is the Brandt line?
The Brandt line is a visual representation that separates the wealthier Global North from the less developed Global South.