SAUDI Foreign Minister Prince Faisal bin Farhan traveled to the Caribbean to attend an international summit attended by 77 countries and China.
The two-day summit, which kicked off on September 15 and ended on September 16, saw world leaders discussing developments on the international scene and the challenges that the world is facing.
The Group of 77 (G-77) was established by 77 developing countries in June 1964, with the South Summit acting as the supreme decision-making body.
From 77 founding members, the coalition has expanded to 134 member countries after nearly 60 years, and together, they represent 80 percent of the world’s population.
The summit, taking place in the Cuban Capital of Havana, aims to tackle some of the core development challenges that the Global South countries are facing and to strengthen the voice of the G77 nations.
In line with socio-economic and political characteristics, the concept of Global South refers to countries in Africa, Latin America, the Caribbean, and Asia-without Israel, Japan, and South Korea.
It also includes Oceania-without Australia and New Zealand.
The summit seeks to promote a ‘new economic world order’ amid warnings of growing polarization.
Ahead of the meeting, United Nations Chief Antonio Guterres warned that multipolarity could be a factor in escalating geostrategic tensions, bringing tragic consequences.
Saudi Foreign Minister Prince Faisal held several bilateral meetings with representatives of the participating countries during the two-day summit.
