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0_public:markets_and_trading:markets:south-south [2025/02/13 00:05] – removed - external edit (Unknown date) 127.0.0.10_public:markets_and_trading:markets:south-south [2025/02/13 00:05] (current) – ↷ Page moved from markets:south-south to 0_public:markets_and_trading:markets:south-south pointnm
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 +====== South-South commodities trade ======
  
 +"South-South commodities trade" refers to the exchange of goods, particularly raw materials and agricultural products, between countries located in the global South. The term "South-South" typically refers to developing or emerging economies, primarily located in Africa, Asia, Latin America, and the Caribbean.
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 +This type of trade is significant because it involves countries that share similar economic conditions, levels of development, and often face similar challenges. 
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 +Many countries in the global South are rich in natural resources such as oil, minerals, and agricultural products.
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 +By trading with each other, countries in the global South can reduce their dependency on developed countries for trade and investment. This can enhance economic sovereignty and promote self-sufficiency.
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 +it also presents challenges such as infrastructure limitations, trade imbalances, and fluctuations in commodity prices. Addressing these challenges requires effective policies, infrastructure development, and regional cooperation.