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External Affairs Minister S Jaishankar on Saturday said securing supply chains and ensuring their resilience was central to the well-being of the global economy. Addressing the concluding plenary of the G20 Foreign Ministers' Meeting in Atlanta, Jaishankar said diversification and de-risking, including in connectivity, are key to supply chain resilience, threatened by pandemics, conflicts, climate events and mishaps. "The right to industrialise must be promoted; predatory practices and targeting competition should be firmly resisted," the minister said in a post on X, sharing the broad issues he raised at the G20 meeting convened by US Secretary of State Marco Rubio. The minister said de-concentration of the global economy and optimisation of production across geographies can discourage the weaponisation of finance, resources, production and market share. "The G20 should work towards de-politicisation of markets," Jaishankar said. The minister said G20 countries must reconcile the
Top diplomats from the Group of 20 largest world economies wrapped up two days of talks on Saturday without reaching consensus on several critical global security issues after divisions, notably over Russia's war with Ukraine, visibly overshadowed the start of the Atlanta meeting and impacted its outcome, too. As a result, the group did not release a joint communique but relied on a chairman's statement summarising the talks that Secretary of State Marco Rubio released after the meetings closed. That statement made no mention of any agreements reached. Rather, it referred to a list of priorities, from energy and food security to freedom of navigation, that G20 members determined were important to solve. "I wouldn't pretend to you today that we are close to finding universally accepted solutions to these problems," Rubio told reporters at a news conference marking the end of the meetings. "But," he said, "I do think that among the G-20 represented here are countries that are working
India on Friday said military solutions will not work in tackling global challenges and diplomacy must be given a chance to address such issues. Addressing the first plenary session of the G20 Foreign Ministers' Meeting in Atlanta, External Affairs Minister S Jaishankar also flagged the issue of attacks on seafarers and stressed the need to preserve freedom of navigation and ensure cessation of attacks within the framework of international law, especially UNCLOS. "Emphasised that in the face of global challenges, military solutions will not work and diplomacy must be given a chance," Jaishankar said in a post on X, listing out the points he made at the G20 Foreign Ministers' Meeting hosted by US Secretary of State Marco Rubio. Jaishankar's comments came against the backdrop of ongoing conflicts in different parts of the world, including the Russia-Ukraine war and tensions in West Asia. Jaishankar said the right to industrialise is being denied through the flooding of markets, ...
External Affairs Minister S Jaishankar strongly disapproved of disruptions in global oil supplies through sanctions and chokepoints, saying deliberate attacks on energy trade and infrastructure were a calculated strategy to hold prices hostage. Jaishankar's remarks at the G20 Foreign Ministers' Meeting in Atlanta on Friday came amid American sanctions on the sale of Iranian oil and disruption to energy supplies from West Asia and the decision to lift sanctions on the sale of Russian diesel. The minister said that the world was staring at an energy crisis not of production, but of unpredictability and disruption, unaffordable costs, and challenges of access. Jaishankar, in a post on X, said he highlighted that deliberate attacks on energy trade and infrastructure were a calculated strategy to hold energy prices hostage. "The G20 must display both understanding and leadership to keep energy markets open and predictable," he said at the meeting convened by US Secretary of State Marco
Commerce Minister Piyush Goyal has asserted the need to clearly distinguish between the weaponisation of food supply chains and legitimate measures adopted by countries to address food security requirements. Addressing the G20 Trade Ministers' meeting in Milwaukee, about 1,200 kms from here, Goyal said the shared objective must be to ensure that food remains a source of security, stability and cooperation. "Also, underlined that we must clearly distinguish between the weaponisation of food supply chains and legitimate measures adopted by countries to pursue domestic policy objectives and address food-security needs," Goyal said in a post on X. The minister was speaking at a session on 'Weaponisation of Food through Coercive Trade Action' at the G20 Trade Ministers' Meet on Wednesday. Earlier, US Trade Representative (USTR) Jamieson Greer said the US, during its G20 Presidency, has focused over the course of the year on four work streams -- the weaponisation of food, structural exce
The US will host the G20 Foreign Ministers' meeting in Atlanta on October 30-31, with discussions expected to focus on global economic challenges, resilient supply chains and strengthening international cooperation. The meeting, to be chaired by US Secretary of State Marco Rubio, will bring together foreign ministers from the world's leading economies to advance the G20'scoremission of promoting global stability and prosperity, the State Department said on Monday. "Discussions will focus on strengthening international cooperation, addressing global economic challenges, and supporting open markets and resilient supply chains," spokesperson Tommy Pigott said in a statement. Atlanta, the capital of Georgia, as a centre of diplomacy, business, and global connectivity, provides an ideal setting for these critical discussions, he said. President Donald Trump will host the G20 Leaders' Summit from December 14-15, at Trump National Doral in Miami, Florida, as the United States marks its 25
During the annual Spring meetings of the IMF and the World Bank there was a widespread appreciation of the role played by India during its G-20 presidency in building consensus on a range of key global issues, a top Indian official has said. India hosted the G20 Summit in New Delhi from September 9-10. The summit adopted a 37-page consensus declaration overcoming major differences on the Russia-Ukraine war and took several steps to ensure the stability of the global economy. There is a widespread appreciation of Indian presidency of the G-20 in building consensus on several issues, relevant for global deployment, conducted of various meetings during the presidency as well as the leaders' summit, Ajay Seth, Economic Affairs Secretary told PTI on Friday on the sidelines of the annual sprint meetings of the International Monetary Fund and the World Bank. Due to the ongoing Lok Sabha election, Union Finance Minister Nirmala Sitharaman is not attending the annual IMF and World Bank ...
Six months after India passed the G20 baton to Brazil, the ambassadors of Italy and Indonesia have lauded New Delhi's presidency of the bloc for bringing Africa and the Global South at the centre of international agenda. "The success of India's G20 presidency is precisely the capacity to preserve the role of G20 because that was at risk," Italy's Ambassador to India Vincenzo de Luca said. He was speaking at a panel discussion held to release a book, titled 'India's G20 Legacy: Shaping a New World Order.' "After G20 India, Global South and Africa have been in the centre of the stage," said the Italian envoy at the event last evening. On the Ukraine-Russia standoff, the Italian envoy lauded not only India's G20 presidency, but also Indonesia's presidency" of the grouping for finding a consensus formulation on the contentious issue. Indonesia's Ambassador to India Ina H Krisnamurthy lavished praise on New Delhi's G20 presidency for promoting inclusivity in the grouping. Induction of
India emerged as a "friend" and "consensus builder" in the world following its successful G20 presidency, External Affairs Minister S Jaishankar said on Friday, describing it as a "notable period" in the country's diplomatic history. In an address at a book-launch ceremony, Jaishankar especially referred to New Delhi managing to produce a leaders' declaration at the G20 Summit in September last year, overcoming divisions over the Ukraine conflict. "We had a particularly exciting last 48 hours before we came to that consensus," he said in an oblique reference to the hectic negotiations that went on to bridge the differences over the text to describe the Ukraine conflict in the declaration. Jaishankar was speaking at the launch of a book titled "India and the Future of G20: Shaping Policies for a Better World". The event was organised by the National University of Singapore's Institute of South Asian Studies. "From an Indian perspective, the G20 for us was a test of our ability to ..
It was a momentous year for Jammu and Kashmir as the Supreme Court gave its stamp of approval to the revocation of its special status and the bifurcation of the erstwhile state into two union territories, and the Narendra Modi-led government scored a diplomatic victory by holding a key G20 meeting in Kashmir Valley. However, another year has passed by without elections being held for the Jammu and Kashmir Legislative Assembly while urban local body and panchayat polls, which were due this winter, have been put off for the time being. The BJP-ruled Centre got a massive shot in arm when a five-judge bench of the Supreme Court upheld the government's decision taken in August 2019 on Jammu and Kashmir's special status under Article 370 of the Constitution. Regional parties like the National Conference, which was one of the petitioners against the Article 370 abrogation before the Supreme Court, and the PDP have vowed to carry on the struggle for the restoration of special status. "We .