Dividing world population into the wealthier countries, mostly in the northern hemisphere and the poorer countries, mostly in the southern, and promoting exchanges of opinion on this basis.
North-South relations have to be seen within a new global context resulting from the end of the great divide between East and West and its far-reaching consequences. There is a need for new development compacts, both between developed and developing countries as also between developing countries themselves, for the effective promotion of long-term sustainable growth and development.
North – South is an economic division which, much like the former communist – non-communist division, strengthens by its structure precisely those elements it seeks to transcend.