Ruto pushes for Global South nations' unity for economic empowerment

President William Ruto has called for the nations in the Global South to forge a united front in order to safeguard their collective interests.

He said the Global South must take advantage of the democratic character of multilateralism to push for meaningful changes.

"The Global South must rally together for effective solutions to counter the pressing challenges facing the world. It must mobilise intentionally to change global multilateralism and to secure a share of the benefits of globalisation. This is the time we moved forth to actualise inclusive transformation," Ruto said on Friday during the Second Voice of Global South Summit.

President Ruto cited fiscal measures taken by powerful economies, supply chain disruptions on account of conflicts, and high interest rates driving nations into debt distress as some of the main global issues affecting those in the Global South.

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“These conditions have created an environment where millions of people are poor and unemployed, struggling against a global order that appears rigged against their aspirations,” he said.

This, he explained, will transform it into the driving force of the next phase of the Industrial Revolution.

Economic growth

The Head of State emphasised that collaborative efforts will empower the Global South to expedite its economic growth.

This, he explained, will transform it into the driving force of the next phase of the Industrial Revolution.

“The overdue economic renaissance of the Global South is held off by systematic marginalisation and exclusion from multilateral discourse in terms of effective participation and benefits,” he added.

President Ruto told the Heads of State and Governments at the Summit to use the upcoming COP28 to push for global climate action.

“It can no longer be business as usual when the people of the Global South are unfairly punished by extreme climate for the economic sins of others,” he added.

Some of the other leaders who attended the summit virtually include Indonesia President Joko Widodo, Bangladesh Prime Minister Sheikh Hasina, Fiji Prime Minister Sitiveni Rabuka, and Ethiopia Prime Minister Abiy Ahmed among other leaders.