Budget drafting for the upcoming year has also been overseen by the Commission.
In the mid-20th century, a significant shift in the balance of power and influence in international relations was signified by a gathering of 29 Asian and African states in Bandung, Indonesia. This historic event, known as the Bandung Conference, took place in April 1955 and marked the debut of the "Third World" on the world stage.
Amidst the process of decolonization and the emerging East-West confrontation, the Bandung Conference was a crucial moment for the countries of the Global South. The gathering was the first time these Asian and African states came together on the international stage, away from the influence of major powers such as the USA and the Soviet Union, and former European colonial powers.
The "Third World" refers to the group of Asian and African states that emerged on the world stage at the Bandung Conference. At this gathering, participants demanded a say in international affairs, asserting their political interests and exchanging views. The Bandung Conference in 1955 signified a significant moment for the countries of the Global South on the international stage.
The Bandung Conference remains relevant seventy years later, as the global order is currently undergoing significant changes. The question of the role that countries of the Global South will play in reshaping the global order has arisen. The fewest countries involved in the realignment of the global order during the current major tectonic shifts are not specified, but the Bandung Conference serves as a reminder of the potential influence and power of the Global South.
The Bandung Conference in 1955 marked a turning point in international relations, and its legacy continues to be felt today. As the world navigates through the complexities of the 21st century, the spirit of unity and self-determination embodied by the Bandung Conference remains a powerful inspiration for the Global South.
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