New Delhi: South Africa expects significant support from the G20 summit to resolve the ongoing conflict between Russia and Ukraine, Vincent Magwenya, spokesperson for the South African president, said in New Delhi on Saturday. Magwenya also highlighted the strong commitments South Africa has received from developed countries regarding climate change efforts.
Magwenya said on the sidelines of the G20 leaders’ summit in the capital that work on the formulation of the New Delhi Leaders’ Declaration of G20 was still ongoing. His comments came just before the Declaration was adopted by leaders.
He added that India’s role in engaging the South in the Summit has set the benchmark for future discussions by all multilateral platforms, where the voice of the developing and underdeveloped countries would have a permanent platform.
“From now on, it will be very difficult for any multilateral platform to ignore the Global South. It will be extremely difficult, almost impossible, to ignore the diverse voices that are often excluded from these processes,” he said.
“What’s going to happen is you will actually see an accelerated momentum towards the reforms that we have been looking for in other multilateral forums such as the UN Security Council, global institutions, financial institutions in terms of the disbursement of funds in terms of how loans are structured,” he added, noting that developing countries would seek a fairer share of resources.
Magwenya said financing for climate change transactions must be fairer, with financing made available for such a transition, especially for developing countries and emerging economies, which will help them move towards a zero-carbon economy.
“That process must be a lot fairer. This must reflect current realities,” he said.
“There will be increasing cooperation between India and South Africa and India and the rest of the African continent as we continue to build closer ties as we seek to grow our trade. Noting that the agenda for bilateral talks between India and South Africa was still being prepared. During the discussion, Magwenya said that greater cooperation and engagement was expected at various levels and in multiple sectors of interest including economy, trade and investment between the to land.
As the African Union joins the G20 under India’s chairmanship, it faces several challenges, including financial inclusion and climate change financing. Magwenya stressed the need for developed countries to fulfill their commitments in the fight against climate change.
“Developed countries must deliver on the promises they made in their fight against climate change,” he said. “We continue to advocate for these commitments to see the light of day.”
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Updated: Sep 9, 2023 3:54 PM IST