- Overview: Frustrated by the paralyzing vetoes at the UN Security Council regarding the Middle East crisis, India has convened an emergency virtual “Global South Peace Summit,” positioning itself as the primary mediator for developing nations.
- Key Points:
- Bypassing the Veto: With the UNSC paralyzed by competing P5 interests, India is utilizing platforms like the G20 Troika and BRICS+ to form an alternative consensus on de-escalation.
- Economic Lifeline Focus: The summit’s agenda is strictly focused on establishing “humanitarian and commercial corridors” to ensure food and fertilizer security for African and Asian nations affected by the shipping blockades.
- Vishwamitra Doctrine: Solidifies India’s foreign policy transition from non-alignment to multi-alignment, acting as the “Vishwamitra” (friend of the world) bridging the Global North-South divide.
- Energy Security Pacts: Expected to yield bilateral rupee-trade agreements for crude oil to insulate vulnerable economies from the surging US dollar.
Source Link: MEA – Voice of Global South Summit
- Q6. The term ‘Global South’ is frequently used in international relations to refer broadly to:
- A) Countries geographically located strictly below the equator.
- B) The block of countries aligned with NATO during the Cold War.
- C) Developing, emerging, or lesser-developed countries primarily located in Africa, Latin America, Asia, and Oceania.
- D) The alliance of nations possessing nuclear weapons.
