Vision for China Jaishankar asks the Global South to focus on self-sufficiency and supply chain

At the second Global South Summit, India’s External Affairs Minister S Jaishankar stressed the need for the Global South to have a greater say in developing solutions to address pressing global problems plant. He advocated diversification and exposure to reduce financial risks. Some 130 countries participated on issues such as development, wealth, health, education and the environment. Indian Prime Minister Narendra Modi highlighted the growing independence and aspiration of emerging countries to play a greater role in international affairs.

Speaking at the second Global South Summit convened by India on Friday, External Affairs Minister S Jaishankar said that though change was a natural process, there was still resistance as Global The South has an important role to play in crafting answers to the major problems of our time .

According to the minister, self-sufficiency efforts should be made in the global south to reduce vulnerabilities created by economic concentration.

In addition to democracy and diversity, we need to support local solutions, develop reliable supply chains and build strong infrastructure. The global South will not be able to secure its future until then,” he said.

About 130 countries attended the summit, which covered topics such as development, economy, health, education and environment. The need for counterterrorism strategies was also discussed. Apart from PM Narendra Modi, other prominent figures also condemned Hamas terror attacks and killing of civilians in Israel, while also praising support for Palestine.

Vision for China Jaishankar asks the Global South

According to Modi, a number of developing countries attending the second Global South Summit this year expressed their desire for independence and readiness to play a leading role in international affairs.

The Prime Minister also officially inaugurated the Global South Center of Excellence, which India has earlier proposed to study issues related to developing countries.

Moreover, he suggested holding an annual global summit aimed at addressing the problems of the global south.According to Modi, the message of the summit is that the global south is urged to affect global governance profile.

External Affairs Minister S Jayashankar on Friday said the COVID-19 season served as a sharp reminder of the “dangers” of relying on remote areas for basic needs, and that the global South must make the effort to rely on each other to mitigate weaknesses.
While Mr. Jayashankar did not specifically mention China in his speech at the second Virtual Voice of Global South conference, the fact that he mentioned investment focus and supply chain trust is also about a country where the words are often seen as subtle jabs.

He said there was still “resistance” to the fact that the global South had a big say in responding to the major problems of the day.

Reducing our vulnerability to inflation is another goal to pursue towards recovery. The outbreak is a serious warning about the dangers of relying on remote areas for basic needs,” the spokesperson said.

In addition to democracy and diversity, we need to support local solutions, develop reliable supply chains and build strong infrastructure. The global South will not be able to secure its future until then,” he said.

India has in recent years been intent on highlighting the issues, challenges and aspirations of the Global South and doing so as a leading voice

To help the Global South or developing countries, while India chairs the G20, it has focused on issues like inclusive growth, digital innovation, climate capability resilience and appropriate global health care

Mr. Jayashankar referred to the long-term structural imbalances and growing pressures in the global economy.

We are all well aware of the growing crisis in the global economy and society. The devastation caused by the epidemic has further exacerbated long-term structural imbalances, he added.

“The fuel, food and coal crisis from the crisis and its aftermath in Ukraine has compounded this. Our responsibilities have increased due to resource shortages, economic sanctions, trade disruptions and air-related issues.” for circumstances,” he said.

“As a result, growth prospects are as grim as the SDG (sustainable development goals) situation,” he said.

The Minister of External Affairs also spoke about India’s development initiatives in 78 countries.

“On the other hand, India continues to demonstrate its commitment to the global South by implementing several development initiatives in 78 countries. These initiatives are transparent, results-driven.” , required and sustainable, according to Mr. Jayashankar. ”

“I assure you that it will only expand in size and scope in the coming times,” he continued.

According to the foreign minister, India has “walked the talk” when it comes to promoting the interests of the global South.

The Global Affairs Minister said that Prime Minister Modi is adamant that the prosperity of the Global South is directly linked to India’s chairmanship of the G-20.

“As we celebrate the end of this year, we urge you to strengthen our collective voice as we move forward in our mission,” he continued.

“India’s chairmanship of the G20, our efforts on ‘One Earth, One Family, One Future’ will not end on November 30,” he said.

India will hold the G20 presidency till the end of November.

“With your support, this will continue to hear as we work to realize our vision of a world that truly is second to none anywhere in the world,” he said.

In January, India played Home at the inaugural Voice of Global South Summit.

We heard your concerns in the first meeting about the growing impacts of climate change, the shrinking international markets and the global supply chain with increasing conditions and constraints. Globally, according to Mr. Jayashankar, humanitarian crises have just been exacerbated by conflict.

Small island developing countries and less developed countries continue to bear the brunt of climate change, he said.

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