Sunday, August 3, 2025

Creating liberating content

Introducing deBridge Finance: Bridging...

In the dynamic landscape of decentralized finance (DeFi), innovation is a constant,...

Hyperliquid Airdrop: Everything You...

The Hyperliquid blockchain is redefining the crypto space with its lightning-fast Layer-1 technology,...

Unlock the Power of...

Join ArcInvest Today: Get $250 in Bitcoin and a 30% Deposit Bonus to...

Claim Your Hyperliquid Airdrop...

How to Claim Your Hyperliquid Airdrop: A Step-by-Step Guide to HYPE Tokens The Hyperliquid...
HomeWorldG77+China summit in...

G77+China summit in search of a more “fair” international order begins today in Cuba

Heads of state and government representatives from about 100 of the 134 G77+China members begin a two-day meeting this Friday in Havana to promote a “fair” international order for developing countries.

“Current development challenges: the role of science, technology and innovation” is the theme of the event, which precedes the United Nations General Assembly, which will take place between the 19th and 26th in New York, but reforms of multilateral institutions will also occupy debate.

Among the more than 30 heads of state who confirmed their presence in Havana are the presidents of Angola João Lourenço, Brazil, Luiz Inácio Lula da Silva, Mozambique, Filipe Nyusi, and Timor-Leste Foreign Minister Bendito Freitas. and government representatives from almost all CPLP member states.

United Nations Secretary-General António Guterres will open the meeting after he said in a message to this week’s G77+China summit that “it is essential that developing countries fight to ensure the necessary transformation in international relations.” systems to create conditions that allow them to confront challenges and restore the pace of their development.”

The summit highlights Cuban diplomacy as Cuba assumes for the first time the interim presidency of the G77+China group, which since the beginning of the year has emphasized in its mandate the urgency of reforming the multilateral financial system.

Developing countries are demanding a strengthened global financial safety net, as well as wider and fairer access to international finance during the crisis, namely through the regular issuance of Special Drawing Rights, and another of their biggest concerns is the problem of debt.

They also want changes in the governance of the World Bank and the International Monetary Fund that would allow them to expand their participation in those bodies.

The Group of 77 was created in 1964 within the UN, within the group of non-aligned countries, by 77 developing countries. This Friday it has 134 members. China, which does not consider itself a member of the group, has been a member of the G77 since 1992.

Author: Lusa
Source: CM Jornal

Get notified whenever we post something new!

Continue reading

The head of the Abkhazian Foreign Ministry assessed the relations between Russia and Georgia

It is in Abkhazia's interest to develop relations between Russia and Georgia, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3."I think it is in our interest to see things develop normally. I do not believe...

The head of the Abkhazian Foreign Ministry called on the Russian Federation to consider how to improve relations with the Russian Federation

Abkhaz political forces need to think together about how to improve relations with Russia, which have begun to deteriorate, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3.He commented on a document that appeared on social...

Sports Minister Degtyarev punished a State Duma deputy for changing citizenship

State Duma deputies who previously changed their sports citizenship are disgusting, Russian Sports Minister Mikhail Degtyarev said on September 4 during a speech at the EEF-2024 forum.Degtyarev said he was not against Russian athletes taking part in international competitions...