Regional Dialogue Highlights South-South and Triangular Cooperation in Spurring Regional Economic Growth and Sustainable Development

Regional Dialogue Highlights South-South and Triangular Cooperation in Spurring Regional Economic Growth and Sustainable Development

Fuente: United Nations Office for South South Cooperation

Trade and integration in regional and global economies are critical to the growth of countries and, increasingly, regional South-South and triangular cooperation is seen as a mechanism for achieving this in a manner that advances the economic aspirations of countries alongside internationally agreed sustainable development goals.

Trade among Latin America, Africa and the Arab countries is rising, but the view is that more could be done, particularly to enhance intra-regional trade in Latin America.

The SALMA Dialogue for Economic Cooperation and Trade 2024 focusing on “South-South and Triangular Cooperation: A Key Vector for Economic Integration and Sustainable Development” was held in Panama City, Panama from August 27 to 30 explored dynamics and potential for greater collaboration and shared growth through South-South and triangular cooperation. Participants focused on sectors and trans-border issues prioritized by the regions (agriculture, banking, health, investment and financial services, transport infrastructure, mobility and connectivity, technology and innovation, green economy, climate change, etc.).

The dialogue was hosted at the Ministry of Foreign Affairs of Panama, with Foreign Affairs Minister Javier Eduardo Martiner-Acha welcoming participants and opening the forum with a message that underlined the crucial importance of building balanced economic exchanges, strengthening scientific and cultural ties, and anchoring trade targets in the goals of sustainable development that elevate human rights and protect the environment.

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