Museveni vows to promote prosperity in G77+China member states

Summary:

• President Museveni calls for global collaboration to ensure shared prosperity, emphasizing the production of goods, market access, and infrastructure.

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President Yoweri Museveni has urged global leaders to collaborate in promoting shared prosperity and ensuring that no one is left behind.

During the closing session of the Third South Summit of the Group of 77 and China at the Speke Resort Convention Center in Kampala on January 22, 2024, President Museveni outlined his focus for the organization during his one-year tenure. He emphasized three key points: the production of goods and services, addressing market issues, and improving infrastructure to connect producers and consumers.

Expressing concern about the historical trend where African resources support the prosperity of others, President Museveni emphasized the need for sustainable prosperity for all. He highlighted ongoing efforts within Africa to promote intra-continental trade and called for collaboration with the Non-Aligned Movement (NAM) and the Group of 77 to enhance trade links and mutual prosperity.

President Museveni, who assumed the chairmanship of the Group of 77 plus China (G77+China), stressed the importance of working together to achieve common goals. He identified peace as a prerequisite for prosperity and pledged to engage with countries facing tensions or conflicts to find win-win solutions.

In his leadership role for the next three years, President Museveni aims to advance the themes of “Deepening Cooperation for Shared Global Affluence” and “Leaving No One Behind.” Uganda will lead the G77+China, the largest negotiating bloc of developing countries in the United Nations, to articulate and promote their collective economic interests. The Group of 77 was established in 1964 to represent the economic concerns of developing countries.