{"id":65347,"date":"2024-01-22T07:18:22","date_gmt":"2024-01-22T07:18:22","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/?p=65347"},"modified":"2024-01-22T05:54:42","modified_gmt":"2024-01-22T05:54:42","slug":"uganda-assumes-group-of-77-and-china-chairmanship","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-assumes-group-of-77-and-china-chairmanship","title":{"rendered":"Uganda assumes Group of 77 and China chairmanship"},"content":{"rendered":"

Africa-Press – Uganda. <\/strong><\/span>Uganda has assumed chairmanship of the Group of 77 + China from Cuba, which held the mantle for the past one year.<\/b><\/p>\n

G-77+ China started as a group of 77 developing countries that came together and signed a joint declaration of the first session of the United Nations Conference on Trade and Development (UNCTAD) in Geneva in 1964, with a main aim of promoting economic cooperation among its member states and to collectively address issues related to development, trade, and international financial institutions.<\/p>\n

These, who have since grown to 134 members, have from 1994 received both political and financial support from China- who does not consider herself a Group member.<\/p>\n

During the official start of the 3rd South Summit in Kampala on Sunday, Uganda\u2019s President Museveni rallied global countries to embrace unity in order to solve the ongoing global crises.<\/p>\n

\u201cWe should ensure that we collectively promote and protect human rights and development and the issues of human rights should be handled objectively and not politicized,\u201d Museveni told delegates in his inaugural remarks as the Group\u2019s new leader.<\/p>\n

\u201cPeople are also living under foreign occupation, and we call for the international community to provide assistance and enable developing countries to address their challenges politically and financially,\u201d he added.<\/p>\n

International financial institutions, he said, should provide financial assistance to developing countries, without putting stringent conditions, if the latter are to also develop.<\/p>\n

Speaking at the event, the Secretary General of the United Nations Anto\u0301nio Guterres advised global south countries to demand their rights and negotiate their clear position from the rich global north countries.<\/p>\n

\u201cFinancial institutions and frameworks created after the Second World War still largely correspond to the power relations and the global economy of that time. They must be reformed so that they are truly universal; reflect the realities of today; and are much more responsive to the needs of developing countries,\u201d he said.<\/p>\n

Further, he said: \u201cMultilateral development banks must be adequately capitalized, and must change their business models to leverage far more private finance for developing countries at reasonable cost,\u201d<\/p>\n

According to the UN chief, many G-77 members are grappling with an economic hangover from the Covid-19 pandemic, crippling debts, a cost-of-living crisis and sky-high borrowing costs.<\/p>\n

\u201cClimate disasters many of you did little to create are knocking chunks out of your economies and increasing people\u2019s suffering.\u201d<\/p>\n

\u201cDigital technologies have enormous potential for good \u2013 but they are also inflaming inequalities. The International Monetary Fund warns that artificial intelligence could make things even worse. And peace \u2013 the foundation of sustainable development \u2013 is breaking down amidst a climate of global impunity. Around the world \u2013 from Sudan, to Ukraine, the Middle East and beyond \u2013 wars are devastating lives, fuelling mass movements of people, disrupting global supply chains, and threatening to set entire regions alight,\u201d he added.<\/p>\n

\u2018Irreparable trauma and loss\u2019<\/b><\/p>\n

In his speech, the president of the 78th session of the United Nations General Assembly, Mr. Dennis Francis said that escalating geopolitical tensions, wars and conflicts have risen to the fore, shattering the lives of millions, and putting the safety and security of the entire planet at risk.<\/p>\n

\u201cAt the forefront of these, is the harrowing humanitarian catastrophe in the Gaza Strip. Generations of families suffering irreparable trauma and loss; children undergoing amputations without anesthesia; entire neighbourhoods reduced to rubble in one fell swoop. With half the population facing starvation and tens of thousands of dead in just over 100 days, the world is looking to the United Nations for answers,\u201d he said.<\/p>\n

For More News And Analysis About Uganda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. Uganda has assumed chairmanship of the Group of 77 + China from Cuba, which held the mantle for the past one year. G-77+ China started as a group of 77 developing countries that came together and signed a joint declaration of the first session of the United Nations Conference on Trade and […]<\/p>\n","protected":false},"author":84,"featured_media":65346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12,258],"tags":[233,240,234],"class_list":["post-65347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","category-to-homepage","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nUganda assumes Group of 77 and China chairmanship - Uganda<\/title>\n<meta name=\"description\" content=\"Uganda has assumed chairmanship of the Group of 77 + China from Cuba, which held the mantle for the past one year.<\/b ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-assumes-group-of-77-and-china-chairmanship\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uganda assumes Group of 77 and China chairmanship\" \/>\n<meta property=\"og:description\" content=\"Uganda has assumed chairmanship of the Group of 77 + China from Cuba, which held the mantle for the past one year.<\/b ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-assumes-group-of-77-and-china-chairmanship\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-22T07:18:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2024\/01\/sm_1705890104.739618.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-assumes-group-of-77-and-china-chairmanship#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-assumes-group-of-77-and-china-chairmanship\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Uganda assumes Group of 77 and China chairmanship\",\"datePublished\":\"2024-01-22T07:18:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-assumes-group-of-77-and-china-chairmanship\"},\"wordCount\":599,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-assumes-group-of-77-and-china-chairmanship#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2024\/01\/sm_1705890104.739618.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-assumes-group-of-77-and-china-chairmanship#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-assumes-group-of-77-and-china-chairmanship\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-assumes-group-of-77-and-china-chairmanship\",\"name\":\"Uganda assumes Group of 77 and China chairmanship - 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