Havana Welcomes G77+China Summit

Havana is hosting the G77+China Summit on September 15-16, welcoming leaders and representatives from over 100 countries.

They will discuss current challenges and science’s role in Southern nations.

The deputy foreign minister said a final declaration was already approved in New York. This document covers key stances of 134 member countries on important global topics.

Cuban Foreign Minister Bruno Rodríguez highlighted the need for financial reform. He also mentioned addressing rising debt in developing countries.

Rodríguez added that Cuba worked hard as the current G77 president. He expects the summit to succeed.

About G77+China

This group is the largest, most diverse body for global talks. It includes 134 countries and represents 80% of the world’s population.

The G77 focuses on multilateralism. It sets this as the main principle, despite member differences.

The presidency rotates annually among regions like Africa, Asia, and Latin America. Cuba became the president in a New York ceremony on January 12, 2023.

Under Cuba, the G77 aims to build a new global economic system. It’s also strengthening its internal political talks.

Background

The G77 was born in 1964 after a Geneva UN trade and development conference. Initially, it had 77 developing nations, hence the name.

South Sudan became the latest member in March 2015. Still, the group kept its historic name, G77.

Over the years, the G77 has aimed to promote its members’ collective economic interests. It serves as a counterpoint to wealthy nations in global dialogues.

China isn’t a full member but it has a unique role. It mainly supports the group’s initiatives. Cuba’s leadership this year marks a first for the nation.

It’s taking up issues like debt and economic reforms.