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Triangular Development Partnerships are the need of the hour

Triangular Development Partnerships are the need of the hour

Source: ORF

The rapid growth of developing countries, such as China and India, has led to dramatic changes in global trade, investment, and even development cooperation. The new dynamics have also altered global power structures and changed the landscape of North-South and South-South relations. Triangular cooperation, as a mode of development cooperation, is on the rise, and many traditional donor countries and United Nations agencies are increasingly supporting South-South cooperation through triangular partnerships. Although, there are differences in the definition of the term “triangular cooperation”, broadly, the term refers to projects and initiatives that combine the comparative advantages of traditional donors and southern countries, to share knowledge and address development concerns in developing countries.

India, a key southern development partner, had initially distanced itself from triangular partnerships because it had framed its development cooperation very differently from the Organisation for Economic Cooperation and Development/Development Assistance Committee model, which lay emphasis on the principles of demand-driven development, mutual benefit, respect for sovereignty, and “no-strings attached” development partnerships. In recent years, however, the country has shown an inclination towards triangular partnerships by collaborating with several countries like the United Kingdom (UK), Japan, and the United States (US)..

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