To create the General Secretariat of the South of the Non-Aligned Countries Movement (NAM) in order to serve as the coordinating arm between the member countries of the organization, was one of the proposals retaken on Saturday by the President of the Republic, Nicolas Maduro.
This was requested during the plenary of Heads of State and Government of the 17th NAM Summit, held at the «Hugo Chavez» Convention Center in Margarita Island, Nueva Esparta state.
The Head of State took the proposal to create a South Development Fund, through the Bank of the South as a concept of bank financing and development from the South to the South.
AHORA:
