G20

Avatar




Bharat Express News Network


The ministers also talked about maintaining a positive attitude while contributing to the development of the G20 Finance Track work streams.

At conference, the report of the G20 panel to recommend changes for multilateral development banks (MDBs) will be presented.

Prime Minister Narendra Modi congratulated the UAE as the selected host country of COP28 in 2023 and extended his full support to the UAE's COP28 Incoming Presidency.

India has the largest population in the world and it is a country full of talent being respected around the World. Even as chair of G20, India has not restricted the G20 activities to G20 alone.

Modi had written a letter to all G20 heads of states proposing its inclusion in the membership and it is part of the draft declaration circulated to sherpas. The European Union is a member of the grouping that controls 80% of the world's economy.

The revised draft also puts emphasis on “accelerated, inclusive and resilient growth” and has put forward several proposals to address the global problems of the “cost of living” crisis. There are also proposals to address the debt crisis gripping a large part of the world and also building cities, resilient infrastructure, and addressing skill shortages.

Speaking in a video message on Wednesday, Ajay Seth said that more than 520 delegates, including ministers, governors, and deputies are expected to participate in the meetings.

The G20 consists of Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkiye, the United Kingdom, the US and the European Union.

"Glad to meet UN Deputy SG @AminaJMohammed today morning in New Delhi. Discussed G20 issues, SDG status and climate challenges," Jaishankar tweeted.

The G20 and SCO which India presently chairs were given special consideration during the talks. In addition, PM Modi also shared information on his contacts abroad, especially those he made during his recent state visit to the US.