Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Saudi Crown Prince Mohammad bin Salman receives Secretary of Iran's Supreme National Security Council Ali Larijani at his office in Al-Yamamah Palace
Wakim: Surrender is not in our dictionary, and it is not true that "Israel" can implement its project in Lebanon and the region
Wakim: The US is preventing the armament of the Lebanese army. The question is, why are the weapons it is handed over by the Resistance being destroyed?
Wakim: The Resistance is required to hand over its weapons to the [current] authority. The question is: Is this authority independent or subservient to America?
Wakim: The Resistance in Lebanon has suffered blows but has not been defeated
Israeli media: Sirens sound in al-Quds, central region, following the detection of a missile launch from Yemen
Wakim: The entirety of Lebanon is under occupation, not just the five points in southern Lebanon
Najah Wakim: The Resistance operations launched against the Israeli occupation gave the Lebanese people hope
Former Lebanese MP Najah Wakim: The Resistance against the occupation began with spontaneous initiatives, with time, the resistance's work became more and more organized
Yemeni Foreign Ministry in Sanaa: The briefing overlooked the Zionist aggression and the US hostile practices against Yemen

G77 draft statement rejects coercive measures against Global South

  • By Al Mayadeen English
  • Source: Agencies
  • 16 Sep 2023 00:23
2 Min Read

The coalition confirms in its statement the need to reform the multi-lateral financial framework.

  • x
  • G77 preliminary statement: Global financial system must be reformed
    Country leaders take a commemorative photo during the G77+China summit held in Havana, Cuba, on Friday, September 15, 2023 (Saudi Foreign Ministry Twitter account)

The preliminary statement from the G77+China Summit reaffirmed the group's dedication to strengthening unity and solidarity in pursuit of the members' shared goals.

Highlighting the current challenges faced by countries in the Global South, particularly the unjust international economic system, the statement underscored the pressing need for a comprehensive reform of the multi-lateral financial framework and the adoption of a more inclusive and coordinated approach.

Furthermore, the draft statement firmly opposed the imposition of unilateral coercive measures and sanctions, emphasizing that they are in violation of the principles of the United Nations Charter and international law.

The statement also placed a strong emphasis on fostering increased collaboration between the Global North and South.

Lastly, member and participant nations acknowledged in the statement the transformative potential of science, technology, and innovation in advancing societies.

Read more: Maduro from G77: This era belongs to anti-imperialistic nations

Related News

World Bank projects modest economic growth for Syria in 2025

World Bank passes $250M project for Lebanon's post-war reconstruction

Stay tuned for the special coverage #AlMayadeen is launching from #Havana on the #G77 Summit from September 12 to the 17th.

The Group of 77 is the largest intergovernmental organization of developing countries in the #UN, which provides the means for the countries of the South… pic.twitter.com/ecG55QwIb2

— Al Mayadeen English (@MayadeenEnglish) September 12, 2023

Founded back in 1964, the G77 quickly became a focal point for the world's economic landscape. The bloc later emerged as an international platform uniting developing nations and enabling them to voice their concerns, advocate their interests, coordinate their stances, and negotiate with developed nations.

This year's event, however, is not like the ones held previously. At the heart of the 2023 summit is China; the main driver today toward a multipolar world and a primary leading power of the Global South.

Read more: Cuban President at G77: Challenges today caused by unjust world order

The G77+China Summit held in Cuba's Havana is considered a milestone event that is expected to have global geopolitical implications not only for its host country but also for China specifically, as well as the broader Global South.

Read more: G77 + China Summit: Global cooperation led by Cuba

With the #G77 and #China Summit coming up in #Havana, here's what you need to know about the group that accounts for 80% of the world's population.#Cuba #G77yChina pic.twitter.com/pedbbl1Wys

— Al Mayadeen English (@MayadeenEnglish) September 14, 2023

  • World Bank
  • G77
  • G77+China
  • International Monetary Fund
  • China
  • Cuba

Most Read

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

American far-right activist Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
'Israel’s' Qatar strike backfires, fueling diplomatic fallout
Politics

'Israel’s' Qatar strike backfires, fueling diplomatic fallout

'Israel' committing genocide in Gaza, UN Commission declares
Politics

'Israel' committing genocide in Gaza, UN Commission declares

Rubio supports Gaza offensive, warns few days left for diplomacy
Palestine

Rubio supports Gaza occupation, warns of tight window for deal

US adds Colombia to drug list, drawing Petro’s rebuke
Politics

US adds Colombia to drug list, drawing Petro’s rebuke

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS