{
  "id": 6775070,
  "title": "UN to launch global alliance for South-South Cooperation to drive sustainable development",
  "url": "https://urgent.news/2026/09/11/un-to-launch-global-alliance-for-south-south-cooperation-to-drive",
  "topic": "world",
  "section": "World",
  "published": "2026-09-11T16:07:53.000Z",
  "source": {
    "name": "The Peninsula Qatar",
    "slug": "the-peninsula-qatar",
    "url": "https://thepeninsulaqatar.com/article/11/09/2026/un-to-launch-global-alliance-for-south-south-cooperation-to-drive-sustainable-development"
  },
  "original_language": "en",
  "account": "Doha: Economist Dr. Abdullah Al Khater outlined the Global Alliance for South-South Cooperation's core mission to bridge the gap between market demand and supply by forging a unified network that connects expertise, capital, and market needs. /p\n\nAccording to Dr. Al Khater, the alliance offers tangible incentives for genuine participation, replacing empty memberships with direct communication channels between funding bodies, investors, and projects. This streamlined process slashes search costs, time, and effort, while promoting trust through transparent evaluations of partners, historical project performance reviews, and access to crucial market intelligence that previously impeded development finance.\n\nDr. Al Khater acknowledged that the network will need time to fully develop, but economic demands and market trends will steer its trajectory. He stressed that leveraging modern technology can cut capital expenditures and boost returns, providing clear performance benchmarks for investors.\n\nTo keep the platform focused on market-driven objectives rather than politics or promotion, Dr. Al Khater advocated for transparent reporting, rigorous performance tracking, and the active involvement of the private sector as an impartial, market-oriented third party, overseen by specialized managerial expertise.\n\nThe alliance's launch follows a surge in South-South economic activity. Global trade between developing nations surged to USD 6.8 trillion in 2025, with over half of their exports now directed toward other developing economies, a marked increase from 38 percent three decades ago. Moreover, foreign direct investment flows within developing economies have quadrupled since the 1990s, accounting for 32 percent of global FDI between 2020 and 2023, signaling a move towards a more interconnected and self-reliant Global South.",
  "summary": "<p>Doha: Speaking to Qatar News Agency (QNA), economist Dr. Abdullah Al Khater emphasized that the primary economic value of the Global Alliance for South-South Cooperation lies in bridging the gap between demand and supply by linking expertise, capital, and market needs through a unified, effective network.</p> <p>Dr. Al Khater explained that the platform provides incentives for real…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}