Indian PM Narendra Modi proposed a "Global Development Compact" at the third Voice of Global South Summit, focusing on debt-free development assistance.
Indian PM Narendra Modi proposed a 'Global Development Compact' at the third Voice of Global South Summit, focusing on trade for development, tech sharing, project-specific concessional finance, and grants. Inspired by Global South countries' development journeys, it aims to assist partner nations without burdening them with debt. Modi announced a $2.5M special fund for trade and a $1M fund for capacity building & trade promotion.
August 17, 2024
31 Articles