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G77-Third South Summit Held at Kampala in Uganda

Utkarsh Classes 23-01-2024
G77-Third South Summit Held at Kampala in Uganda Summit and Conference 4 min read

The third South Summit was held at Kampala in Uganda from 20 to 23 January 2024 With the theme “Leaving No One Behind”.

  • The Third South Summit is a platform to bring energy to the cooperation among its 134 member States of the Group of 77 (G-77) in a more competitive world. 
  • From the Indian side Minister of State for External Affairs V Muraleedharan attended the inaugural session of the Third South Summit.

About South Summit

  • South Summit is the supreme decision-making body of Group of 77.
  • The First summit was held in Havana, Cuba, on April 10 – 14, 2000. The Second South Summit was held in Heldha, Qatar, on June 12 – 16, 2005.
  • The summit aims to boost South-South cooperation, in the areas of trade and sustainable development, investment, climate change, poverty eradication, and digital economy.
  • In Kampala, the 134 Member States reiterated the South's message of solidarity, unity, and complementarity, and vowed to speak with one voice to achieve their common goals.
  • The Republic of Uganda, under the leadership of H.E. President Yoweri Kaguta Museveni, inaugurates a new agenda for a prosperous, united and stronger South by hosting the Third South Summit. 

About G77

  • On June 15, 1964, the Group of 77 (G-77) was established by 77 developing countries.
  • At the end of the first session of the United Nations Conference on Trade and Development (UNCTAD) in Geneva, 77 developing countries signed the “Joint Declaration of the Seventy-Seven Developing Countries”.
  • The first “Ministerial Meeting of the Group of 77 was held in Algiers (Algeria) on 10 – 25 October 1967, where countries adopted the Charter of Algiers”, a permanent institutional structure. 
  • This structure gradually developed, and created Chapters of the Group of 77. 
  • With time, G-77 members have increased to 134 countries, and the original name was retained due to its historic significance.
  • The G-77 is a group made up of 134 counties, including India, China, Indonesia, Pakistan, Bangladesh, etc. 
  • The Group of 77 is considered the largest intergovernmental organization of developing countries under the ambit of the United Nations.
  • G-77 aims to enhance the collective economic interests of Southern nations, negotiate major international economic issues, and promote South-South cooperation for development within the United Nations system.
  • The Chairmanship is the highest political body within the organizational structure of the Group of 77. 
  • It rotates on a regional basis among Africa, Asia-Pacific, Latin America, and the Caribbean. 
  • In 2024, the Republic of Uganda holds the Chairmanship of the G-77 in New York.

FAQ

Answer: Kampala Uganda

Answer: G-77

Answer: 1964

Answer: To enhance the collective economic interests of Southern nations

Answer: Developing nations
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