World unstable for developing countries, says Jaishankar – ‘need not given due attention’

External Affairs Minister S Jaishankar on Thursday said that the Covid-19 pandemic, Food and energy securityThe needs and aspirations of developing countries have not been properly considered in finding solutions to the effects of climate change, terrorism, debt crisis and conflict. He said that India is ready to share its experience and expertise based on the global South sensitivity model.

In a virtual session of Foreign Ministers at the Voice of the Global South Summit, Jaishankar said that the summit was organized to provide a platform for developing countries to share their interests, concerns and priorities, and its importance is even greater when India is chairing the G20 group.

India will become the voice of developing countries

The foreign minister said that be it the issue of Covid-19, food and energy security, climate change, terrorism, debt crisis, impact of conflict, the needs and aspirations of developing countries have not been given due consideration in finding solutions. He said that therefore we want to ensure that the voices, issues and priorities of developing countries come to the fore during India’s presidency of the G20 group.

The world is more volatile to the south

Jaishankar said the world is becoming more volatile and uncertain for the South and the Covid period has shown the dangers of more concentrated globalization and weak supply chains. He said, apart from this, the Ukraine crisis has especially put pressure on food, energy and fertilizer security. He said capital flows have been affected and the debt burden is increasing. Also, international financial institutions and multilateral development banks are struggling to effectively address these concerns, he added.

The foreign minister said that against the backdrop of unfulfilled commitments, developing countries are expected to shoulder the burden of climate-related issues, industrialization without carbon emissions, dealing with increasing climate events, lifting millions of people out of poverty. Jaishankar said India is ready to share its experience and expertise in transformative universal digital public services, financial payments, direct cash transfers, digital health, commerce, industry.

Encouraging environment for developing countries

Jaishankar, in his address to the foreign ministerial session at the summit on the theme of enabling environment to encourage developing countries, said that India favors three sensitive changes to the global South-sensitive model.

Emphasis on projects

He said that these include first the shift from self-centered globalization to human-centered globalization, second, global South-led innovation for social transformation under technology protection, and third, from debt-generating projects to demand-generating and sustainable development cooperation projects. .

Our development projects in 78 countries

Jaishankar said India’s record speaks for itself. Our development projects in 78 countries are based on demand-driven, transparent, empowerment-based, environment-based and consultative initiatives. He said, besides this, it ensures respect for the sovereignty and territorial integrity of countries. He said, our sincere efforts will be to unite for the peace and prosperity of the society and keep our words with one voice.

China is leading global development initiatives

At the same time, Chinese Foreign Ministry spokesman Wang Wenbin told a press conference in Beijing that China has always sought greater international attention to the common aspirations and legitimate concerns of developing countries. Wang said China is advancing global development initiatives to focus international attention on development issues and deepen development cooperation, helping developing countries to address special development challenges and deepening cooperation in key areas.

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