The global southern countries must lead the global economy in the face of the changing economic system and Washington retracted global affairs, according to a committee in Boao Forum for Asia In the southern Chinese province of China on Wednesday.
This evaluation came amid the increasing uncertainty that arises from the White House as it threatened the actions of US President Donald Trump, including the customs tariff, by breaking the international trade system.
Kirill BabayevIt is important that the developing economies and “have the moral power to lead the global economy.”
He indicated that South Global It has always been described in opposition to developed countries, or global north, but “reality may change.” He said that the global north is no longer “all united”, with deep differences between the two countries.
Babayev said that the global south, which included most of the countries of the world, participated in similar economic and social views, including opposition to commercial barriers such as customs tariffs and respect for political systems of other countries.
He said: “We are consistent with the values of globalization and the principles that we support. Based on these principles, most countries in the world must build a new economic system. This system has gradually appeared on the world stage.”
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