The Group of 77 plus China (G77+China) Summit, held in Havana, Cuba, on September 15 to 16, was a remarkable convergence of leaders from emerging economies. Representing an astounding 80 percent of the world's population, this significant gathering served as a pivotal moment in the ongoing struggle for global economic justice and inclusivity.
UN Secretary-General António Guterres addressed the summit, highlighting that developing countries are \"trapped in a tangle of global crises,\" citing climate change and foreign debt as major challenges. He urged China and the G77 nations to collaborate in creating a more equitable world.
The G77+China group has positioned itself as a beacon for the Global South, promoting multilateralism, international cooperation, and equitable development in an era where such ideals face increasing opposition.
Opportunities and Threats
In today’s complex global landscape, developing nations grapple with sluggish economic growth, mounting debt, geopolitical unrest, environmental degradation, and rising populism and unilateralism. Amidst these formidable challenges, China and G77 nations are working together to safeguard their legitimate interests and advance sustainable development.
Li Xi, a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, emphasized during the summit that Beijing is committed to deepening South-South cooperation and the Belt and Road Initiative (BRI) with G77 members. This collaboration supports the Global Development Initiative, aiming for greater development and stronger solidarity.
Aligning with the UN's 2030 Agenda for Sustainable Development, the open and inclusive BRI prioritizes public health, environmental sustainability, and economic growth. As a result, cooperation among participating countries has enhanced infrastructure in partner nations, opened up commercial opportunities, and unlocked development potential.
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The remarkable achievements of G77+China in challenging times
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