South-South cooperation is a manifestation of solidarity among peoples and countries of the South that contributes to their national well-being, their national and collective self-reliance and the attainment of internationally agreed development goals, including the 2030 Agenda for Sustainable Development.
Is South-South cooperation beneficial effective?
South-South cooperation has become an essential feature of the international development landscape. Several South-South partnerships are perceived as more economical, effective and favourable compared to North-South aid relations.
Which of these is an example of South-South cooperation?
Some of the important examples include the India-Brazil-South Africa (IBSA) fund to promote South-South cooperation and exchange and the United Nations Peace and Development Trust Fund, with a sub-fund dedicated to the implementation of the 2030 Agenda for Sustainable Development, established by China in 2016.
What are the developments in South-South cooperation?
Recent developments in South-South cooperation have taken the form of increased volume of South-South trade, South-South flows of foreign direct investment, movements towards regional integration, technology transfers, sharing of solutions and experts, and other forms of exchanges .
What is the main purpose of South North cooperation?
Economic alliance. One of the key goals of the cooperation is to strengthen and improve economic ties . Some of the areas which these “southern” nations look forward to improving further include joint investment in energy and oil, and a common bank.
What is the importance of South-South cooperation?
South-South cooperation is a manifestation of solidarity among peoples and countries of the South that contributes to their national well-being, their national and collective self-reliance and the attainment of internationally agreed development goals, including the 2030 Agenda for Sustainable Development.
What do you mean by South South dialogue?
Therefore, when the countries of the South or developing countries cooperate in various fields, it is known as South-South Cooperation or Dialogue. Thus, the term South-South Cooperation means the process of cooperation among the developing countries in the economic field and other areas.
What is South South knowledge exchange?
South-South cooperation and South-South Knowledge Exchange connects policy makers and development practitioners within and across countries to learn from each others’ experiences and to identify workable development solutions and policies . ...
In which year did South South dialogue begin?
What is now known as South-South cooperation, derives from the adoption of the Buenos Aires Plan of Action for Promoting and Implementing Technical Cooperation among Developing Countries (BAPA) by 138 UN Member States in Argentina, on September 18, 1978 .
What is meant by Global South?
The Global South is generally understood to refer to less economically developed countries . It is a broad term that comprises a variety of states with diverse levels of economic, cultural, and political influence in the international order.
What is the relationship between triangular cooperation and South South cooperation?
South-South cooperation refers to development cooperation between developing countries in the Global South. When South-South Cooperation is implemented with the support of a Northern partner , it is referred to as Triangular Cooperation.
What is the theme of United Nations Day for South South Cooperation 2020?
The 2020 high-level commemoration of the United Nations Day for South-South Cooperation organized ahead of the celebration of the 75th anniversary of the creation of the United Nations, provided an opportunity to reflect on the vital role of international solidarity and collaboration to support the delivery of the ...
Which states are South South in Nigeria?
- Akwa Ibom.
- Bayelsa.
- Cross River.
- Delta.
- Edo.
- Rivers.
Which are among the following are the objectives of the South-South Cooperation ????
k. South-South cooperation promotes the exchange of best practices and support among developing countries in the common pursuit of their broad development objectives (encompassing all aspects of international relations and not just in the traditional economic and technical areas);
Is there a manifested influence of the global south?
unprecedented levels since the decade of the nineties fuelled by the growing prosperity of the developing South. There is a two-fold impact manifested in the increasing number of countries actively engaged in South-South cooperation and the significant scaling up of South-South initiatives by indi- vidual countries.
Is India a part of South-South cooperation?
South-South co-operation has traditionally been an important pillar of India’s foreign policy and diplomacy . Indeed, India has been sharing its expertise and development experience with other developing countries in the bilateral, regional or multilateral framework since its independence from Britain in 1947.
