The Executive Director of the South Centre Dr. Carlos Correa has observed that the current protectionist policies of the major western powers may paradoxically strengthen cooperation among developing countries, creating new opportunities for the ‘Global South’ to reshape the global economic order through strategic approaches and regional collaboration. Referring specifically to the confrontational U.S. trade policies driving unexpected shifts among emerging economies, he noted that “The US is helping India and China to come closer, and if India and China work together, the global economy and politics could change dramatically.” Dr. Correa, a leading authority on international trade, innovation, and…
US policies driving India-China closer, creates new avenues for developing nations
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