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G77+China Summit: Leaders Of Developing Countries Demand Immediate End To Coercive Economic Measures, Sanctions By Fellow Nations

FILE
September 18, 2023

The G77+China is a group of developing and emerging countries representing 80 percent of the world's population.

The G77+ China leaders have demanded an immediate end to the imposition of laws and regulations with extraterritorial impacts and all other forms of coercive economic measures, including unilateral sanctions against developing countries by developed and fellow developing countries.

The G77+China is a group of developing and emerging countries representing 80 percent of the world's population.

It kicked off a summit in Cuba Friday where the leaders called for a change to the “rules of the game” of the global order.

The leaders made the demand at the summit of heads of state and government of the group of 77 and China on “Current Development Challenges: The Role of Science, Technology and Innovation” held at Havana in the Republic of Cuba between September 15 and 16, 2023.

According to the leaders, such actions not only undermine the principles enshrined in the Charter of the United Nations and international law but also severely impede the advancement of science, technology and innovation and the full achievement of economic and social development, particularly in developing countries.                      

The leaders said, “We reject the imposition of laws and regulations with extraterritorial impact and all other forms of coercive economic measures, including unilateral sanctions against developing countries, and reiterate the urgent need to eliminate them immediately.

“We emphasize that such actions not only undermine the principles enshrined in the Charter of the United Nations and international law, but also severely impede the advancement of science, technology and innovation and the full achievement of economic and social development, particularly in developing countries.”

They further emphasised that unilateral coercive measures have negative and devastating impacts on the realization of human rights including the right to development and the right to food. Those measures also hinder the access of the affected countries to health care, humanitarian assistance and equipment, and nationally owned assets, they claimed in their communique.

The leaders stressed “the firm belief that all states and stakeholders should devote themselves collectively to the pursuit of global development and ‘win-win’ cooperation for scientific and technological development on the basis of extensive consultations, joint contributions and shared benefits, which can bring huge gains to all countries and all parts of the world in building a community of shared future for humankind.

“We stress the urgent need for a comprehensive reform of the international financial architecture and a more inclusive and coordinated approach to global financial governance, with greater emphasis on cooperation among countries, including through increasing the representation of developing countries in global decision and policy-making bodies which will contribute to enhance the capacities of developing countries to access and develop science, technology and innovation.”

G77 has over 130 members, with its chairmanship rotating among member countries in Asia, Africa, and Latin America based on regional principles.

Its member countries include Afghanistan, Algeria, Angola, Argentina, Botswana, Brazil, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Central African Republic, Chad, Chile, China, Ecuador, Egypt, Ghana, India, Indonesia, Iran (Islamic Republic of), Iraq, Jamaica, Kenya, Niger, Nigeria, Philippines, Qatar, Rwanda, South Africa, United Arab Emirates, United Republic of Tanzania, Uruguay, Venezuela (Bolivarian Republic of) and Zimbabwe.