Publication by the Food and Agriculture Organization of the United Nations (FAO). To access the original post, please click here.
South-South Cooperation is increasingly recognized as an effective instrument for catalyzing economic development by fostering the exchange of innovation and good practices, and expanding market opportunities across countries with a similar level of development and shared development objectives, such as those reflected in the Sustainable Development Goals (SDGs).
Key to this economic cooperation are trade and investment relationships among countries of the Global South. The importance of Southern countries in global agrifood markets and trade has been increasing over the last two decades, with growth in their participation, as both exporters and importers, having outpaced that of countries of the Global North. Agricultural productivity growth has fueled expansion in the production of some products, while population growth and urbanization, rapid economic growth and increasing per capita incomes have contributed to growing demand for diverse food products.
