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The upcoming Summit of the Future (September 22-23 2024) will play a pivotal role in shaping global AI governance through the Global Digital Compact (GDC), aiming to address the digital divide and support Sustainable Development Goals (SDGs).

India's historical advocacy for the Global South and its robust international engagement position it to lead discussions on fair and inclusive AI governance, contributing to a sustainable digital future.
In its latest India Development Update, the World Bank has raised its 2024-25 GDP growth forecast for India to 7%, up from 6.6% estimated earlier this year.
The World Bank's projection aligns with forecasts from the International Monetary Fund and Asian Development Bank, but is slightly lower than the 7.2% growth projected by the RBI and Fitch Ratings.


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PM Modi called for the finalisation of a 'Code of Conduct' for the region to address sovereignty and sea violations, urging resolution of disputes through peaceful means and in accordance with international law, particularly UNCLOS 1982.

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China, the world's second-largest economy, is Africa's largest trading partner and has been interested in the continent's vast natural resources, including copper, gold, lithium, and rare earth minerals.

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Climate change is significantly affecting the cultivation of napa cabbage in South Korea, which is crucial for making the country's famous kimchi.

South Korea's kimchi industry faces further challenges from lower-priced imports from China, leading to increased reliance on climate-controlled storage and the development of more resilient crop varieties.

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🔆Forum on China-Africa Cooperation:

It was established in 2000 to formalise the strategic partnership between China and African nations.
A summit is conducted every three years, with the host alternating between China and an African member.
Member countries: The FOCAC counts 53 African nations as its members – the entire continent except Eswatini, which has diplomatic ties with Taiwan against Beijing’s “One China” Policy.
The African Union Commission, the continental bloc tasked with ensuring cooperation and economic integration across its member countries, is also a member.

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2024/09/21 04:35:19
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