UNITED NATIONS, (UrduPoint / Pakistan Point News - 13th Sep, 2022 ) :Pakistan, speaking on behalf of the "Group of 77" (developing countries) and China, Monday underscored three important priority areas - trade, investments including in sustainable infrastructure, and technical cooperation in science and technology - to boost South-South cooperation.
"The importance of South-South cooperation is now more evident than ever," Ambassador Munir Akram said in a video message to an event in Bangkok commemorating the United Nations Day for South-South Cooperation.
South-South cooperation, it may be pointed out, is unity among people and countries of the developing world, known as the Global South, which contributes to national well-being, collective self-reliance and achieving the global goals.
Noting that the Global South was suffering from an existential economic crisis, the ambassador said the fundamental development challenges had been exacerbated by the COVID-19 pandemic that had triggered debt crises, a food, fuel and finance emergency, and the increasingly adverse impacts of climate change.
"The 2030 Agenda has never been farther from reach, " he added.
Pakistan is the current chairman of G-77 and China, which now has 134 members and is the United Nations' biggest intergovernmental group of emerging countries.
Ambassador Akram, the G77 chairman, said in his remarks that inter-regional South-South trade cooperation linking different developing countries and regions could be...
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