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India committed to South-South co-operation
Thursday, May 29 2003 11:42 Hrs (IST)

United Nation: Asserting its commitment to South-South co-operation, India has stressed the need for enhancing technical cooperation among developing nations in an era of globalisation that, it said, has not brought expected economic benefit to them.

"Sharing with other developing countries our capabilities and assisting and cooperating with them in developing their own economies has been an integral part of the Indian foreign policy from its inception," Additional Secretary in the External Affairs Ministry Rajiv Sikri said.

Addressing the high-level committee on the review of Technical Co-operation among Developing Countries (TCDC), he described South-South co-operation as "economic dimension of India's traditional political, moral and diplomatic support to anti-colonial struggles."

Sikri urged the United Nations Development programme to make sustained efforts to promote trilateral cooperation to get maximum value from limited resources and realise full potential of TCDC.

He also wanted the multilateral financial institutions to use TCDC for technical assistance and programmes and donor countries to use regional and local resources for development co-operation projects.

PTI



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