The story of South-South cooperation began in 1974 when a broad framework for collaboration among countries of the South in the political, economic, social, cultural, environmental and technical domains was formally recognized by the United Nations (UN).
The UN Office for South-South Cooperation (UNOSSC) promotes, coordinates and supports South-South and triangular cooperation by:
- facilitating access to southern knowledge and development solutions (Global South-South Development Academy);
- showcasing development solutions (Global South-South Development Expo); and
- facilitating the transfer of technologies, assets and financing by connecting solution providers and seekers from the South (South-South Global Assets and Technology Exchange Space).
[South-South cooperation is a] vital force for initiating, designing, organizing and promoting co-operation among developing countries so that they can create, acquire, adapt, transfer and pool knowledge and experience for their mutual benefit and for achieving national and collective self-reliance, which are essential for their social and economic developmentBuenos Aires Plan of Action (paragraph five)