United Nations Secretary-General António Guterres has formally advocated for a shift in how developing nations manage their natural resources. During the 50th annual meeting of the G77 and China, Guterres emphasized that countries rich in critical minerals should retain a significantly larger portion of the economic benefits derived from these assets. He explicitly condemned historical practices of exploitation and resource plundering, urging a move toward equitable wealth distribution. The UN leader highlighted that the current global economic framework must be restructured to ensure that producing nations gain more value from their own raw materials. This statement underscores a growing international push for economic sovereignty among developing states, aiming to prevent the continued extraction of wealth by external entities without adequate compensation for the host countries.
Source : Kaieteur News
