He was addressing the B20 summit held by the Confederation of Indian Industries (CII) in the run-up to the G20 summit in New Delhi.
The G20 cannot deliver on its core mandate of promoting economic growth if the concerns of the ‘Global South’ are not addressed, External Affairs Minister S Jaishankar said on Sunday, with the Russia-Ukraine conflict overshadowing the summit of the intergovernmental forum to be held in New Delhi next month.
Prime Minister Narendra Modi will host the G20 summit in New Delhi on September 9 and 10. With the United States, the United Kingdom, Canada, France and the rest of the West wanting Russia’s military aggression against Ukraine high on the agenda, India has been worried over the possibility of the conflict overshadowing its own priority for the conclave – becoming the voice of the ‘Global South’ and raising the concerns of the developing nations in the premier forum for international economic cooperation.
The external affairs minister was addressing the B20 summit held by the Confederation of Indian Industries (CII) in the run-up to the G20 summit in New Delhi. He noted that the ‘Global South’ had largely been reduced to being a consumer rather than a producer and had not been able to reap the full benefits of economic change.