Prime Minister Modi Speaks at 3rd Voice of Global South Summit on Global Challenges
New Delhi [India], August 17: Prime Minister Narendra Modi addressed the 3rd Voice of Global South Summit, emphasizing the inefficiency of current global governance and financial institutions in tackling modern challenges like Covid-19, terrorism, and climate change.
India is hosting the summit virtually, bringing together countries of the Global South to share their perspectives and priorities. In his opening remarks, PM Modi said, “In 2022, when India took over the G20 presidency, we resolved to give a new structure to G20. Voice of Global South Summit became a platform where we openly discussed problems and priorities related to development. And India prepared the G20 agenda based on the hopes, aspirations, and priorities of the Global South.”
He highlighted the uncertainty in the current global scenario amid conflicts and other concerns, stating that global governance and financial institutions have been “inefficient” in dealing with today’s challenges. “Today, we are meeting at a time when there is a sense of uncertainty across the world. The world has not been able to completely get out of the impact of Covid. On the other hand, war situations have posed challenges for our development journey. We are facing the challenge of climate change, and now there are challenges of health security, food security, and energy security as well,” PM Modi said.
He further called on countries of the Global South to come together and work as each other’s strength. “Global Governance and financial Institutions built in the last decade have proven to be incapable of fighting the challenges faced in this century. This is the need of the hour that Global South countries come together, in one voice become each other’s strength. We should learn from each other’s experiences, share our capabilities, and give recognition to two-thirds of the world’s humanity,” the Prime Minister stated.
The third Voice of Global South Summit (VOGSS) with the overarching theme of “An Empowered Global South for a Sustainable Future”, will act as a platform to expand discussions held in the previous Summits on a range of complex challenges that continue to affect the world, such as conflicts, food and energy security crises, and climate change – all of which disproportionately affect developing countries in a severe manner.
The event, underpinned by India’s philosophy of ‘Vasudhaiva Kutumbakam’, is an extension of Prime Minister Narendra Modi’s vision of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas aur Sabka Prayas’.
Doubts Revealed
Prime Minister Modi -: Prime Minister Modi is the leader of India. He is like the head of the country, making important decisions and representing India in other countries.
3rd Voice of Global South Summit -: This is a big meeting where leaders from countries in the Global South come together to talk about important issues. The Global South includes countries in Asia, Africa, and Latin America.
global governance -: Global governance means how countries around the world work together to solve big problems. It’s like a big team of countries trying to make the world a better place.
financial institutions -: These are organizations like banks that help manage money for countries. They can give loans and help with economic problems.
Covid-19 -: Covid-19 is a disease caused by a virus that made many people sick all around the world. It started in 2019 and caused a pandemic.
terrorism -: Terrorism is when people use violence to scare others and try to achieve their goals. It can be very dangerous and hurt many people.
climate change -: Climate change means the Earth’s weather is changing, mostly because of pollution. This can cause problems like more storms, hotter temperatures, and rising sea levels.
Global South -: The Global South refers to countries that are usually less wealthy and are located in Asia, Africa, and Latin America. They often face more challenges compared to richer countries.
sustainable future -: A sustainable future means living in a way that doesn’t harm the environment and can be continued for a long time. It’s like taking care of the Earth so it stays healthy for future generations.
