South Centre Statement on the Fourth International Conference on Financing for Development
Seville, Spain, 30 June – 3 July 2025
The international financial architecture continues to reflect a global order that existed eight decades ago. An urgent, comprehensive reform is needed to make such order responsive to the financing needs of developing countries in the 21st century.
Implementing the 2024 AMR Political Declaration: Industry Accountability and Equity in Agrifood Sector Transformation
High-Level Dialogue on AMR, with the support of South Centre
2 July 2025, 12:30 – 16:00 CEST
FAO Headquarters (Rome), Iran Room (B-116 bis)
Excerpt from the Speech by Mwalimu Julius K. Nyerere at the Opening Ceremony of the Second Meeting of the Council of Representatives of the South Centre in New York
21st September 1998
“If we in the developing countries are to shape our own destiny, and participate fully in shaping the future and the nature of the world in which we live, we have to have an effective voice. But we will not have that effective voice if we do not work together, at least in some areas of vital concern to all of us. Together we can reduce our separate weaknesses. Acting together we can become stronger; we can gain at least some more influence in the world.”
Book Review: What Do We Know and What Should We Do About Tax Justice
By Abdul Muheet Chowdhary
The book What Do We Know and What Should We Do About Tax Justice, written by Alex Cobham, CEO of the Tax Justice Network, is an excellent summary of the state of knowledge on tax justice and provides a clear direction on what should be the goals of the tax justice movement going forward.
Policy in Practice: Implementing Antimicrobial Stewardship Post-COVID-19
Q&A and Commentary
By Dr Rasha Abdelsalam Elshenawy
This report summarises the key questions and expert commentary for the South Centre, as well as the South Centre Policy Brief on lessons from the COVID-19 pandemic, to strengthen antimicrobial stewardship and provide practical recommendations discussed during the South Centre webinar on “Strengthening Antimicrobial Stewardship: Policy Insights from COVID-19 and Future Pandemic Preparedness.”
Harnessing Open Account Trade — A Major Enabler for Illicit Financial Flows from Developing Countries
Can blockchain technology come to the rescue? Will the African Continental Free Trade Area leverage its Digital Trade Protocol?
By Yuefen Li
The current geopolitical landscape has made domestic resource mobilization an even more important imperative for developing countries. In this context, it is more urgent than ever to combat illicit financial flows (IFFs) whose staggering amount from developing countries has outstripped the combined sum of official development assistance (ODA) and foreign direct investment (FDI) going into the developing world. The IFFs from the financial channel is significant, but the greater proportion of IFFs actually stems from trade channels rather than from financial channels. It is particularly concerning that the flexibility and legitimacy of international trade have been exploited to cover IFFs. Trade mis-invoicing is the largest component of IFFs from developing countries. A major reason for trade being used to undertake illicit, fraudulent or criminal activities is because 80%-85% of the more than US$ 24 trillion international trade is conducted via open account trade (OAT), which has minimum scrutiny as it is conducted on a bilateral basis between the importer and exporter, not transparent and with minimal involvement of the financial institutions and customs authorities. OAT payment does not require documents to prove quality, quantity and other information about the product being shipped and is made through automatic payment systems which lack the oversight provided by any third party. OAT gives trade mis-invoicing great ease, flexibility, minimal cost and minimal risk. Therefore, if the world is serious about combatting IFFs, it is urgent and imperative to close loopholes in the OAT for IFFs, making it transparent, trackable and involving third party monitoring and scrutiny. The functionalities and features of Blockchain technology (BCT), though its implementation is still nascent, can be a good candidate to make OAT more modern, transparent to regulators, traceable, more efficient and above all minimize IFFs. The goals of the African Continental Free Trade Area (AfCFTA)’s Digital Trade Protocol (DTP) include boosting intra-African trade through unifying and harmonizing regulatory framework for Africa’s digital economy and regional trade, promoting cross-border data flows and paperless trade, and enhancing cybersecurity measures. The exploration of Blockchain adoption to reduce OAT’s risks for IFFs and make trade more effective aligns well with DTP’s goals.
ID with the SR on the right of everyone to the enjoyment of the highest attainable standard of physical and mental health
South Centre Statement (Item 3)
In its 59th session of the Human Rights Council statement on the Right to Health, the South Centre addressed the Special Rapporteur’s report, focusing on the protection of health and care workers. The statement noted the challenges they face, from migration impacts to poor working conditions, and called for their protection to ensure health equity for all.
Advancing Women and Girls’ Health in a Time of Converging Crises
South Centre Briefing Session (April 2025) Report
The South Centre hosted a high-level briefing session aimed at advancing the health rights of women and girls in the face of multiple global challenges. The meeting coincided with the South Centre’s 30th anniversary and the 30th anniversary of the Beijing Declaration and Platform for Action, bringing together ambassadors, health experts, and representatives of international organisations to discuss the protection and advancement of sexual and reproductive health and rights (SRHR) in the Global South.
Sexual and Reproductive Health and Rights in the Context of International Human Rights
By Carlos Correa and Daniel Uribe
This policy brief examines the growing recognition of sexual and reproductive health and rights (SRHR) within the framework of international human rights law. It traces the evolution of this consensus through key United Nations (UN) General Assembly and Human Rights Council resolutions, foundational documents like the International Conference on Population and Development (ICPD) Programme of Action and the Beijing Platform for Action, and the interpretative work of human rights treaty bodies. These instruments increasingly affirm that SRHR are an integral component of the right to health and are essential for gender equality. However, this brief also highlights the challenges these common efforts face in line with other views, which prioritise national sovereignty in determining policies on reproductive health. The analysis highlights the tension between the evolving international human rights framework and state-centric approaches, concluding with the imperative for ongoing dialogue to solidify and implement SRHR as universal, inalienable human rights.
Reducing the Cost of Remittances – A Priority for the Global South
By Danish
Remittances are a lifeline for many households in low and middle income countries (LMICs), and have emerged as an important source of external financing for sustainable development. With over 800 million people dependent on remittances worldwide, their importance for developing and least developed countries is well established. However, the high cost of remittances remains a significant challenge, and despite global commitments to reduce these costs, progress has slowed down.
This paper thus provides an assessment of the current drivers of remittance costs and explores the relevant policy discussions and initiatives at the United Nations (UN) and Group of Twenty (G20). It further highlights the continuing challenges as well as the innovative solutions such as increasing digitalisation and development of cross-border fast payment systems in different regions of the global South. The upcoming Fourth International Conference on Financing for Development (FfD4) and G20 initiatives under South Africa’s Presidency present important opportunities for the international community to redouble its efforts and make concrete, ambitious commitments to lower the cost of remittances. Finally, the paper provides some relevant policy considerations and recommendations, especially to accelerate the implementation of existing commitments, leverage digital public infrastructure and to discourage levying of taxes on remittance flows to developing countries.
Winds of Change: The BRICS Club of Nations Chipping Away at Western Dominance
The Dawn of the New South
By Len Ishmael, PhD
This era of polycrises, a global health pandemic coupled with wars in Europe and the Middle East, against the backdrop of Great Power rivalry and climate related emergencies, has profoundly affected all countries, rich and poor alike. Disproportionately affected have been those of the Global South for whom the World Bank has cautioned a ‘decade of lost development.’ As rising geopolitical tensions fuel security concerns, the nature of economic ties between countries is changing. Several countries – spearheaded by BRICS members – have started to consider alternatives to the Western financial institutional architecture in a bid to safeguard their own interests. These measures risk fragmenting the existing global financial infrastructure and derailing benefits derived from decades of economic integration in the face of new barriers to cross border investment, commerce, and trade. Recent research shows that trade restrictions have more than tripled since 2019, financial sanctions have expanded and the geopolitical risk index has also spiked, following Russia’s invasion of Ukraine. After decades of accepting the West’s rules, there is a sense that the era of the Global South is dawning, and that Western interests are no longer de facto those of the rest of the world. It is in this milieu that the BRICS and their initiatives take on heightened economic and political significance.
Reform of the International Debt Architecture: A Developing Country Perspective on Credit Rating Agencies and Financing for Sustainable Development
FfD4 Side Event Co-Organized by IDEAs and South Centre
2 July 2025, 12:30 – 14:00, Room Side Event 17,
FIBES Sevilla Exhibition & Conference Centre, Seville, Spain
