Beijing, Beijing \u2014 Foreign Minister Wang Yi has urged countries in\nthe Global South to safeguard the spirit of multilateralism.\n\u201cMultilateralism is a \u2018protective talisman\u2019 for Global South countries.\nWe must encourage the international community to practise true\nmultilateralism, uphold a UN-centred international system and a\nrule-based international order,\u201d Wang Yi said at a press conference on\nChina\u2019s \u2018Diplomatic Policy and Foreign Relations\u2019 in Beijing on\nSunday.<\/p>\n
According to Wang Yi, under a multilateral system, states adhere to\nthe principle that world affairs are discussed by all countries, and\ninternational rules are established jointly by all nations.<\/p>\n
\u201cThe Global South is a rising, positive force dedicated to the common\ngood on the international stage. As the world grows more turbulent and\nchaotic, we must strengthen self-confidence, unite and cooperate, and\ntogether uphold peace and development while pursuing mutually beneficial\ncooperation,\u201d he added.<\/p>\n
Global South cooperation, according to Wang Yi, can be realised\nthrough BRICS, the Shanghai Cooperation Organisation (SCO), and the\nGroup of 77 to advocate peace and spur development.<\/p>\n
\u201cThe collective rise of the \u2018Global South\u2019 is a conspicuous sign of a\nmajor geopolitical shift. In the last 40 years, the share of the Global\nSouth in the world economy has increased from 24 per cent to more than\n40 per cent and has become a leading force in driving multipolarisation\non the world stage,\u201d Wang Yi added.<\/p>\n
Currently, Wang Yi said, hegemony and power politics run rampant,\ndelivering serious shocks to the existing international order. The\nglobal economy is also experiencing turbulence, and globalisation is\nretreating as some countries massively erect tariff barriers and sever\nsupply and industrial chains, effectively adding more fuel to the fire\nand eventually harming themselves.<\/p>\n
The Global South should strengthen communication and coordination,\ntogether safeguard its legitimate rights and interests, and open space\nfor autonomous development, Wang Yi said.<\/p>\n
Development in Global South nations requires an open and cooperative\ninternational environment. \u201cWe must promote inclusive and beneficial\neconomic globalisation and keep the world economy open, firmly safeguard\nthe multilateral trading system, share opportunities and realise\nmutually beneficial outcomes in openness,\u201d he added.<\/p>\n
China, Wang Yi noted, will steadfastly support liberalisation and\nfacilitate trade and investment, while ensuring the stability and smooth\noperation of global industrial and supply chains. \u201cChina will expand\nhigh-level openness abroad, not only bearing responsibility as the\n\u2018world\u2019s factory\u2019 but also playing a role as the \u2018world market\u2019,\u201d he\naffirmed.<\/p>\n
\u201cGlobal South\u201d is the term used to group countries by social,\neconomic and political characteristics. According to the United Nations\nConference on Trade and Development (UNCTAD), the Global South broadly\nincludes Africa, Latin America and the Caribbean, Asia (excluding\nIsrael, Japan and South Korea), and Oceania (excluding Australia and New\nZealand).<\/p>\n
Most Global South countries are generally identified as low-income,\nwith high poverty rates, rapid population growth, inadequate housing,\nlimited educational opportunities, poor health systems and a range of\nother challenges. The term is often equated with the \u2018third world\u2019 or\nnew industrialised countries. The Global North, as UNCTAD broadly\ndefines, includes North America and Europe, Israel, Japan, South Korea,\nAustralia and New Zealand. However, the two groups do not strictly align\nwith geographic north-south divisions, as many Global South countries\nlie in the northern hemisphere and vice versa.<\/p>\n
The term \u2018Global South\u2019 emerged in the second half of the 20th\ncentury to capture criticisms of global inequality and power imbalances,\nhighlighting colonial exploitation and the struggle for economic and\npolitical autonomy.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/chinese-foreign-minister-urges-global-south-to-safeguard-multilateralism-1772997395", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }