New Delhi: Prime Minister Narendra Modi said that the developing world is concerned about the increasing fragmentation of the international landscape. Prime Minister Narendra Modi in his address at the concluding session of the first Voice of Global South Summit said geopolitical tensions distract us from focusing on our development priorities, which causes sharp swings in international prices of food, fuel, fertilizers and other commodities.

PM Modi also said that geopolitical fragmentation reforms are needed in major international organizations, including the UNSC and the Bretton Woods institutions i.e., which includes the World Bank and IMF.

He also said these reforms should focus on giving voice to the concerns of the developing world, and reflect the realities of the 21st Century. India’s G20 Presidency will attempt to voice the views of the Global South on these important issues.

Modi announced a new Aarogya Maitri project’ under which India will provide essential medical supplies to any developing country affected by natural disasters or humanitarian crisis, after extending support by supplying Covid-19 vaccines to over 100 countries during the pandemic.

For synergising our diplomatic voice, I propose a Global-South Young Diplomats Forum’, to connect youthful officers of our foreign ministries. India will also institute ‘Global-South Scholarships’ for students from developing countries to pursue higher education in India, he added.