UNEP SOUTH-SOUTH COOPERATION
 

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Leveraging South-South cooperation
Rural poverty and food insecurity continue to be serious challenges in many developing countries. But a new thrust for partnerships is providing a key to overcoming these challenges. The potential of South-South cooperation to advance development and poverty reduction is increasingly evident, especially as emerging economies increase their investments in developing countries of Asia and Africa.

While much of the world has been mired in financial crisis, the overall rise in South-South trade and investment flows, as well as the on-going shift from the G8 to the G20 as the primary forum to tackle global economic crisis,indicates that there is more to South-South cooperation than just sharing and learning from the practical experience of others.
   
Story Source Link: http://www.thedailystar.net/newDesign/news-details.php?nid=242091