G20 Summit 2023 Archives - Read Selective

“G20 Declaration Shows India’s Great Ability To Be Champion Of Multilateralism”: Amitabh Kant

Mr Kant said the green development pact, which is a key part of the declaration, presents a great opportunity for the Indian automotive and components sector to become the global leader in electric and sustainable mobility.

The G20 Sherpa termed the New Delhi Declaration “very inclusive and very ambitious”.

New Delhi: The New Delhi G20 declaration adopted by leaders has demonstrated India’s great ability to be a champion of multilateralism and bring the world together on global developmental issues and conflicts like the Russia-Ukraine crisis, India’s G20 Sherpa Amitabh Kant said on Wednesday.
The green development pact, a key part of the declaration, offers a great opportunity for the Indian automotive and components sector to become the global leader in electric and sustainable mobility, he said asking the industry to go all-electric while speaking here at the annual convention of Automotive Component Manufacturers Association of India (ACMA).

“The New Delhi leaders’ declaration that has come out is very, very inclusive, very ambitious. It has 83 paras in all. This is the first time that all 83 paras have 100 per cent consensus,” Mr Kant asserted.

In the declaration, there is no ‘reservation, brackets and chair’s summary’, he said adding all the 83 paras, including the eight paras on the Russia-Ukraine crisis, have been done by consensus, he added.

“This has demonstrated India’s great ability, firstly, to be a champion of multilateralism, and its great ability to bring developing countries, all emerging markets, the developed world, all the G7, Russia, China all together and bring consensus on all developmental issues, as well as on issues of global conflict, which is the Russia-Ukraine crisis,” Mr Kant noted.

The declaration has a huge focus on climate action, climate finance, and at the heart of it is a green development pact, which has a major implication for the automobile sector, he added.

“I’ve just negotiated the G20 document and let me tell you, the green development pact has a huge component, the entire negotiation was about cutting down emissions by 43 per cent by 2030…and there will be increasing pressure from all over the world on India and other Middle East countries to cut down emissions,” Mr Kant noted.

Source: https://www.ndtv.com/india-news/g20-declaration-shows-indias-great-ability-to-be-champion-of-multilateralism-amitabh-kant-4385239

G20 Summit 2023: India triumphs with rising global influence on full display! Here are the key takeaways from this diplomatic success

The summit serves as a powerful testament to India’s growing prominence on the global stage, with some experts suggesting that only India could have achieved such a comprehensive consensus.

One of the noteworthy outcomes of the G20 summit was the formal admission of the African Union (AU) into the group, elevating it to the status of a permanent member alongside the European Union.

India pulled off the G20 Summit 2023 with perfection and garnered much praise from diplomats worldwide, who complimented Prime Minister Modi for the country’s impactful presidency. Not only did India facilitate a consensus among the divided bloc, but it also laid the groundwork for deeper future collaboration. The summit serves as a powerful testament to India’s growing prominence on the global stage, with some experts suggesting that only India could have achieved such a comprehensive consensus.

India, known for its positive relations with both Western nations and Russia, judiciously leveraged its unique position for the greater global good. The summit produced a consensus document and addressed various critical issues, including the overhaul of institutions like the World Bank. Here are five key takeaways from the G20 Summit in New Delhi that showcased India’s commending leadership:

Passing the buck! African Union’s formal admission
One of the noteworthy outcomes of the G20 summit was the formal admission of the African Union (AU) into the group, elevating it to the status of a permanent member alongside the European Union. Previously, only South Africa was a member of the G20. This move aimed to enhance the representation of the Global South within the G20, reducing the dominance of G7 countries.

The Global Biofuel Alliance
Prime Minister Narendra Modi officially inaugurated the Global Biofuels Alliance during the G20 Summit in New Delhi. The formation of the GBA has been in progress for a considerable period and holds a central role in India’s G20 presidency agenda. This alliance is designed to promote international collaboration, advance the adoption of sustainable biofuels, foster global biofuels trade, and provide technical support for national biofuel initiatives.

India, the United States, and Brazil took the lead in championing the Global Biofuel Alliance, and it launches with nine founding members, namely, India, the US, Brazil, Argentina, Bangladesh, Italy, Mauritius, South Africa, and the United Arab Emirates. Additionally, Canada and Singapore are participating as observer countries. To date, 19 countries and 12 international organizations have expressed their commitment to join the GBA.

Softer Stance on Ukraine Conflict
The G20 nations reached an agreement emphasizing that states should not acquire territory through the use of force. While the suffering of the people of Ukraine was acknowledged, the declaration notably avoided direct criticism of Russia for its role in the conflict. This marked a shift from the G20’s stance in the previous year when it condemned Russia for the war and called for its withdrawal from Ukraine. Diplomats reasoned that an outright condemnation by Russia was unlikely, but the agreement signaled a commitment from all member states to refrain from territorial aggression.

India-Middle East-Europe Corridor
Leaders from the United States, India, and Saudi Arabia announced plans to establish rail and port connections between the Middle East, South Asia, and eventually Europe. This initiative, which also gathered praise from US President Joe Biden, aims to provide an alternative to China’s Belt and Road infrastructure projects and strengthen ties between these regions. However, details about financing and timelines for the project remain undisclosed.

Source: https://www.financialexpress.com/business/defence-g20-summit-2023-india-triumphs-with-rising-global-influence-on-full-display-here-are-the-key-takeaways-from-this-diplomatic-success-3242242/

G20 Summit 2023: US lauds the mega event in Delhi says, ‘Absolutely success’

G20 Summit in Delhi hailed as a success by US (AP)

G20 Leaders’ Summit wrapped up with enthusiasm in Delhi under India’s presidency, the United States lauded it as an ‘absolute success.’

In a briefing on September 11, the US State Department’s official spokesperson, Matthew Miller, told reporters, “We absolutely believe it was a success. The G20 is a big organisation. Russia is a member of the G20. China is a member of the G20.”

The “use or threat of use of nuclear weapons is inadmissible,” the G20 nations stated on September 9 in a New Delhi Leaders’ Declaration in the context of the Ukraine war.

The New Delhi Declaration reaffirmed that the G20 is the premier forum for international economic cooperation, and the member countries acknowledged that the G20 is not the platform for geopolitical and security issues, although these issues can have consequences for the global economy.

The G20 member countries called on all nations to respect core principles of international law. These principles include upholding territorial integrity, sovereignty, following international humanitarian laws, and supporting the multilateral system that helps maintain global peace and stability.

Source: https://www.livemint.com/news/g20-summit-2023-us-lauds-the-mega-event-in-delhi-says-absolutely-success-11694480195165.html

G20 Summit 2023 Highlights: PM Modi holds flurry of bilateral meetings after Leaders’ Summit concludes

G20 Summit 2023 Highlights: Following the conclusion of the two-day G20 summit in New Delhi, which was widely termed as “successful” by analysts, Prime Minister Narendra Modi handed over the presidency gavel to Brazilian President Luiz Inácio Lula da Silva.
G20 Summit 2023 Delhi Highlights: Modi and Lula also held a bilateral meeting, where they agreed to work together for the expansion of India-MERCOSUR Preferential Trade Agreement during Brazil’s MERCOSUR Presidency, to leverage the full potential of their economic partnership.

Prime Minister Narendra Modi and Luiz Inácio Lula da Silva, President of the Federative Republic of Brazil, met in New Delhi on September 10, at the sidelines of the G20 Summit.

Following the conclusion of the two-day G20 summit in New Delhi, which was widely termed as “successful” by analysts, Prime Minister Narendra Modi handed over the presidency gavel to Brazilian PresidentLuiz Inácio Lula da Silva. The two leaders also held a bilateral meeting, where they agreed to work together for the expansion of India-MERCOSUR Preferential Trade Agreement during Brazil’s MERCOSUR Presidency, to leverage the full potential of their economic partnership. Read more

Source: https://www.moneycontrol.com/news/trends/current-affairs/g20-summit-2023-live-updates-in-delhi-pm-modi-us-joe-biden-world-leaders-g20-meeting-in-delhi-day-2-sept-10-11341051.html