In remarks to Asharq Al-Awsat, experts and researchers acknowledged that the GCC-ASEAN summit accelerated common economic and developmental convergence between the nations of both bodies. The policies of the participating nations have emphasized development and economics, along with the adoption of balanced political stances.
The GCC-ASEAN summit comes three months after a similar gathering that brought together GCC nations and Central Asian countries in Jeddah.
Leaders of countries participating in the #GCC-#ASEAN summit pose for a family photo as their summit kicks off in #Riyadh pic.twitter.com/CIOx5fM448
— Saudi Gazette (@Saudi_Gazette) October 20, 2023
Since its inception 12 years ago, the Belt and Road Initiative (BRI) has seen more than three-quarters of the world’s countries join its cooperative efforts.
In April 2022, Chinese President Xi Jinping first proposed the Global Security Initiative (GSI) in a keynote speech at the opening ceremony of the Boao Forum for Asia Annual Conference.
Development is an enduring theme of human society and a crucial measure of progress in the modern era. For some time, the gap between the Global South and North has been widening, with challenges such as food security and energy security continuously emerging.