Page 47 - Developing Countries News Today

The proliferation of groups is an inevitable consequence of the world headed for multi-polarity as multilateralism weakens

Joe Biden has framed his presidency as a struggle of democracy versus autocracy and placed the US in opposition to Russia and China.

President Joe Biden is nearing the end of a whirlwind trip to India and Vietnam for a series of high-profile meetings aimed at countering China’s influence in the developing world.

The inclusion of the African Union in G20 is an achievement of India’s Presidency and reflects its commitment to the developmental agenda of the Global South

Delhi doesn't want the summit under its presidency to be the first to end without a joint declaration.

President Biden was hoping to convince the world’s largest economies to rally behind Ukraine during Saturday’s Group of 20 summit in India while also pressing his case for American investment in the developing world.

It has been almost four years since the Appellate Body, which is the dispute-settlement mechanism of the WTO, became defunct, thus affecting developing countries adversely

In a bid to accelerate progress, the G20 has committed to take collective action by endorsing the

The declaration noted with deep concern the immense human suffering and the adverse impact of wars and conflicts around the world.

In a major shift in climate finance vocabulary, the declaration quantified the sum required for developing countries to implement their climate goals by 2030 under Paris Agreement, $5.8-5.9 trillion, and an additional $4 trillion per year for clean energy technologies by the end of this decade to reach net zero emissions by 2050.