“South-South Cooperation is a force to reckon currently in world economic development landscape. It’s paradoxical that Brazil, China and India used to be low income countries also depending on foreign aid, contrary they are now transformed and extending donations to developing nations in the south-south Cooperation. Former U.N. Secretary-General Kofi Annan argued that over 40% of developing country exports are directed towards other developing nations. This development indicates productivity by SSC and step towards economic independence by developing nation.”
