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Global Development Compact 2024
August 31 , 2024
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- India hosted the third edition of the Global South Summit.
- The summit was joined by 123 countries including heads of state and government of 21 nations.
- Indian Prime Minister has proposed the creation of a human-centric "Global Development Compact" for the Global South.
- It aims to facilitate trade, sharing of technologies and concessional financing based on India's growth journey.
- The 'Compact' will be in line with the priorities of developing countries even as he urged the Global South to work unitedly in confronting food and energy security crises and the challenge of terrorism and extremism.
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