India to establish a Global South Centre of Excellence: Prime Minister Mr. Narendra Modi
- IBEF
- January 16, 2023
Prime Minister Mr. Narendra Modi, at the concluding session of the Voice of the Global South virtual Summit, announced that India will be establishing a Global South Centre of Excellence in order to undertake research on the development solutions for developing countries and called for human-centric globalization to address the concerns.
He said the developing countries have been seriously affected due to a lot of factors - challenges of COVID-19, rising prices of fuel, fertilizers, and food grains, and increasing geo-political tensions. He further said that developing countries desire a human-centric globalization that does not create a climate crisis or debt crisis or does not trigger unequal distribution of vaccines or over-concentrated global supply chains. While listing these challenges, he said that the last three years have been difficult for them.
The Prime Minister further added that the summit has seen the participation of more than 120 developing countries.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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