WATERLOO, Canada — Governments from the South are assuming leading roles in decisions on global issues such as climate change, health governance, trade regimes, and water and food security.

Complementing the new economic and geopolitical importance of the developing world is the rapid pace of South-South investment, cooperation and trade.

Earlier this month, South African President Jacob Zuma, accompanied by what was described as the largest South African business delegation to visit any country, paid a visit to India.