CURRENT AFFAIRS

Detailed explanation-1: -India-UN Development Partnership Fund Celebrates 5 Years of South-South Collaboration October 6, 2022. 2022 Report of the UN Secretary-General on the State of South-South Cooperation September 22, 2022.

Detailed explanation-2: -Established by General Assembly resolution 50/119, UNFSSC is a voluntary trust fund that facilitates and supports South-South cooperation toward achievement of all internationally agreed development goals, including the 2030 Agenda for Sustainable Development.

Detailed explanation-3: -Most of the eight members of SESAME are developing economies: Bahrain, Cyprus, Egypt, Iran, Israel, Jordan, Pakistan, the Palestinian Authority and Turkey.

Detailed explanation-4: -The South-South Cooperation has been adopted by the Non-Aligned Movement as the basic principle of its economic approach to achieve the dream of collective self-reliance among developing countries. Though the term South-South Cooperation emerged in the 1970s, the idea has been on the agenda of NAM for a long time.

Detailed explanation-5: -The United Nations Office for South-South Cooperation strategic framework, 2022-2025, aims to enhance South-South and triangular cooperation as means to accelerate the speed and scale of action towards the achievement of the Sustainable Development Goals.