India hosted 3rd Voice of Global South Summit (VOGSS)

Posted 20 Aug 2024

2 min read

VOGSS aims to bring together countries of Global South to share their perspectives on whole range of issues aligned with the philosophy of ‘Vasudhaiva Kutumbakam’.

Global South refers to various countries that are sometimes described as “developing,” “less developed” or “underdeveloped.” and it's separated from Global North (rich countries) by Brandt line.
India hosted 1st and 2nd VOGSS in January and November of 2023.

Key highlights of 3rd VOGSS

Theme: "An Empowered Global South for a Sustainable Future”.
Virtual Meet: 123 countries joined virtually (China & Pakistan not invited)
Global Development Compact (GDC): India proposed GDC amid concerns over countries burdened with debt in name of development finance.
- Compact will 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.

Challenges faced by global south

Obsolete Global governance and financial institutions.
Technology divides between North and South.
Terrorism, extremism and separatism remain a serious threat.

India’s Advocacy For Global South

Social Impact Fund: India will contribute $25 million for accelerating Digital Public Infrastructure (DPI) in Global South.
Global South Young Diplomat Forum: Launched to promote education and capacity building.
Induction of African Union into G20: As a permanent member during India’s G20 Presidency.
Vision of Aarogya Maitri: One World-One Health is India’s mission for health security E.g. Jan Aushadhi Kendras’ in African and Pacific Island countries.