South Centre Statement to the Intergovernmental Working Group (IGWG) on the WHO Pandemic Agreement
3 November 2025
This statement was delivered at the opening of the Intergovernmental Working Group (IGWG) on the WHO Pandemic Agreement, third session, on 3 November 2025. The South Centre underscored that the first draft Bureau text helps to kick off text-based negotiations, but it does not meet the requirements for implementation of Article 12 of the Pandemic Agreement.
Gamani Corea and his Enduring Legacy for the Global South
By Danish
Gamani Corea was an intellectual giant of the global South, with a long and illustrious career spent in strengthening multilateralism and advancing the common interests of developing countries. On the occasion of Gamani Corea’s birth centenary on 4 November 2025, this paper revisits some of his most notable contributions in the different domains where he played important roles, and examines their relevance for addressing contemporary challenges facing the global South. It further explores his vision and impact as part of the South Commission and in establishing the South Centre. Amidst weakening multilateralism and rising geo-economic turmoil, this paper explores how Gamani Corea’s legacy offers both inspiration and practical insights for developing countries in reshaping global governance. His ambition to strengthen Southern solidarity and collective action at the multilateral level continues to provide essential guidance for developing countries to accelerate sustainable development and ensure that no one gets left behind.
South Centre in collaboration with IT for Change and Center of Policy Research and Governance, with the support of the Permanent Mission of India to the UN in Geneva
Monday, 17 November 2025, 13:15 – 14:15, Palais des Nations, Room VIII, Geneva
Held in preparation for the AI Impact Summit 2026, this event will discuss how countries can work together to ensure Artificial Intelligence supports inclusive and sustainable development, strengthens national and regional capacities, and promotes equitable participation in global AI governance.
Building Up a Balanced Global Intellectual Property System: Report of the WIPO Assemblies’ Sixty-sixth Series of Meetings
Health, Intellectual Property and Biodiversity Programme, South Centre
This report reviews the key discussions and outcomes of the 66th Series of Meetings of the World Intellectual Property Organization (WIPO) Assemblies held in July 2025. The Assemblies addressed important governance, oversight, and norm-setting issues. Key developments included the launch of the process to appoint a new Director General, decisions on committee compositions and approval of the 2026/27 Program and Budget. Developing countries advocated for more inclusive participation in governance, balanced priority setting on norm-setting work, and stronger implementation of the Development Agenda.
Reeling Towards Termination: Assessing the WTO Agreement on Fisheries Subsidies and the Future of Fisheries Disciplines
By Vahini Naidu
The WTO Agreement on Fisheries Subsidies (AFS, “Fish 1”) entered into force on 15 September 2025, introducing new disciplines on subsidies linked to illegal, unreported and unregulated fishing, overfished stocks, and certain high seas activities. While celebrated as a landmark achievement, the Agreement is partial in scope, omitting the broader category of capacity-enhancing subsidies that drive overcapacity and fish stock depletion. Its obligations rely on national determinations and extensive notifications that may prove burdensome for developing Members while allowing major subsidisers to retain flexibility. The unprecedented termination clause in Article 12 ties the Agreement’s survival to the adoption of additional “comprehensive disciplines,” underscoring both the fragility of the current outcome and the need for continued negotiations. The experience of Fish 1 reveals significant lessons for the proposed WTO reform, including the importance of reviewable and time-bound rules, the risks of imbalanced sustainability provisions, and the institutional weaknesses of restricted negotiating processes.
South Centre Statement onUNCTAD XVIConference “Shaping the Future: Driving Economic Transformation for Equitable, Inclusive and Sustainable Development”
23 October 2025, Geneva, Switzerland
At UNCTAD XVI, the South Centre reaffirmed that an equitable and effective multilateral system must reflect the right of developing countries to participate in and shape the rules of global economic governance, while preserving their policy space and data sovereignty. The success of the XVI Conference will be judged by the extent to which its outcome reaffirms the organisation’s development mission and its unique role in shaping a fairer global economic order.
Advancing Responsible Foreign Investment through a Legally Binding Instrument on Transnational Corporations and Other Business Enterprises
By Daniel Uribe Terán
Foreign Direct Investment (FDI) presents a complex dynamic, offering potential economic growth while posing significant risks of human rights abuses and environmental degradation. This policy brief considers that current voluntary frameworks, such as Economic, Social, and Governance (ESG) and voluntary due diligence standards, are insufficient to protect human rights, as they primarily focus on mitigating investor financial risk rather than preventing actual harm. Furthermore, the international investment regime, particularly the Investor-State Dispute Settlement (ISDS) mechanism, systemically undermines States’ sovereign right to regulate in the public interest. ISDS cases often penalise governments for enacting environmental, labour, and human rights protections, creating a “regulatory chill” that prioritises corporate profits over social welfare. The proposed Legally Binding Instrument (LBI) on business and human rights is presented as a necessary response to establish mandatory, enforceable obligations for corporations. This includes robust Human Rights Due Diligence (HRDD) and legal liability mechanisms, thereby rebalancing the system to ensure corporate accountability and align investment with sustainable development goals.
Future of the UN Tax Committee under the UN Framework Convention on International Tax Cooperation
By Aisha Aize Isa, Sabrine Marsit, Abiodun Adewale Adegboye, Nyatefe Wolali Dotsevi, Anne Wanyagathi Maina and Abdul Muheet Chowdhary
The global tax governance landscape has recently undergone major shifts and is now at a pivotal momentum where demands of inclusivity, transparency and an equitable tax system are increasingly growing amongst countries. Central to this pivotal momentum is the creation of the United Nations Framework Convention on International Tax Cooperation (UNFCITC), mandated by United Nations (UN) General Assembly Resolution 78/230 (December 2023). The UNFCITC’s objective is to establish an intergovernmental platform for governance and cooperation in international taxation. This report aims at exploring the possible role of the UN Committee of Experts on International Cooperation in Tax Matters (UNTC) within the merging architecture of the UNFCITC, drawing on past lessons of efforts to democratize international tax governance.
STATEMENT BY DR. CARLOS CORREA, EXECUTIVE DIRECTOR OF THE SOUTH CENTRE, TO THE MINISTERS AND GOVERNORS MEETING OF THE INTERGOVERNMENTAL GROUP OF TWENTY-FOUR (G24)
14 October 2025, Washington, D.C.
Developing countries have been borrowing at rates that are two to four times higher than those for the US and experienced a net resource outflow for the second year in a row. See the South Centre’s statement to the G-24 Ministers and Governors Annual meeting…
The BBNJ Will Enter into Force in January 2026: Summary of PrepCom II Outcome
By Ningxiner Li
The BBNJ Agreement enters into force on January 2026. Read the PrepCom II outcomes on developing country priorities: equitable governance, a demand-driven Clearing-House Mechanism (CHM), and accessible funding. There is critical work ahead before PrepCom III (March 23-April 2, 2026) and COP1.
