Pyongyang, June 11 (KCNA) -- Minju Joson on Tuesday carried an article to mark the 10th anniversary of the publication of the historic work of President Kim Il Sung "Let Us Develop South- South Cooperation".
The author of the article says:
South-South Cooperation is, in essence, an international movement of the peoples of the politically independent, developing countries to win economic freedom and sovereignty, as was elucidated by the President in the work:
South-South Cooperation is a new economic system whereby the developing countries achieve independent development through mutual economic and technical cooperation by meeting each other's needs. It is quite different from the capitalist economic system based on the law of the jungle.
Collective self-reliance is a basic principle in south-south cooperation. It is an independent international movement of the developing countries to help one another for the realization of their common purpose and interests without expecting "assistance" or "donation" from the developed countries.
Only when the non-aligned and developing countries adhere to the principle of collective self-reliance can they successfully put into effect South-South Cooperation in the spirit of independence, solidarity and cooperation, not depending on the developed countries.
Complete equality and mutual benefit is one of the basic principles of South-South Cooperation.
They should develop cooperation and exchanges for genuinely helping each other and promoting mutual interests, irrespective of the size of the territory and the degree of economic and cultural development, so that economic independence can be achieved and South-South Cooperation may be a model of the absolutely fair and equal international economic relationship.
The developing countries should establish a global system of preferential trade, expand barter and other forms of trade on the principle of mutual benefit and strive to give substantial assistance to the development of the national economy by giving loans with low interest or without interest.
What is important in South-South Cooperation is that the developing countries should put it into practice, mindful that this is their own concern to promote the common interests. To this end, they should have common views and attitude, intensify mutual political support, strive to implement the resolutions and action programmes adopted at international conferences, and constantly explore the positive forms and methods of broadening the scope of cooperation and enhancing its effectiveness.