G20

US unveils 'New G20' for 2026 summit, adds Poland, excludes South Africa

According to Rubio, the 'New G20' will focus on three core themes--removing regulatory burdens, unlocking affordable and secure energy supply chains, and pioneering technologies

US vows to refocus G20 on driving growth, prosperity under its presidency

The US has said it will steer the G20 back to its "core mission" of driving economic growth and prosperity by prioritising regulatory reform, energy security and technological innovation during its year-long presidency of the grouping. America assumed the G20 presidency on December 1. The State Department in a statement on Monday said under President Donald Trump's leadership, the US will "return the G20 to focusing on its core mission of driving economic growth and prosperity to produce results". As we usher in these much-needed reforms, we will prioritise three core themes: unleashing economic prosperity by limiting regulatory burdens, unlocking affordable and secure energy supply chains, and pioneering new technologies and innovations, it said. The US will host the G20 Leaders' Summit in Miami, Florida, in 2026, coinciding with the country's 250th anniversary year. America took over the presidency from South Africa, but Trump did not attend the Johannesburg Summit held last mon

Will PM Modi take up South Africa's cause with 'good friend' Trump: Cong

With US President Donald Trump announcing that he is barring South Africa from participating in next year's G20 summit in Miami, the Congress on Friday said Prime Minister Narendra Modi is the "self-proclaimed champion" of both Africa and the Global South and asked whether he will take up South Africa's cause with his "good friend". Trump said Wednesday that he is barring South Africa from participating in the Group of 20 summit next year in Miami and will "stop all payments and subsidies" to the country over its treatment of a US government representative at this year's global meeting. Reacting to the development, Congress general secretary in-charge communications Jairam Ramesh said South Africa has been in the G20 from the very beginning simply because it is the largest economy measured by size of GDP in the African continent. "It is not there because the US is doing it some favour. It was very much present at the very first G20 Summit held in Washington DC that was chaired by ..

Trump bars South Africa from participating in 2026 G20 summit in Miami

President Donald Trump said Wednesday that he is barring South Africa from participating in the Group of 20 summit next year in Miami and will "stop all payments and subsidies" to the country over its treatment of a US government representative at this year's global meeting. Trump chose not to have an American delegation attend the recent summit hosted by South Africa, saying he did so because white Afrikaners were being violently persecuted -- a claim that South Africa, which was mired for decades in racial apartheid, has rejected as baseless.

PM Modi returns after 3-day visit to South Africa for G20 summit

Prime Minister Narendra Modi on Monday returned to India after a three-day visit to South Africa for the G20 and IBSA meetings. At the G20 Leaders Summit, Modi called for a global compact to prevent misuse of artificial intelligence and made a strong pitch for critical technologies to be human-centric, instead of finance-centric. At the India-Brazil-South Africa leaders meeting, the prime minister said the reform of the UN Security Council was no longer an option, but a necessity and asserted that the troika should send a clear message for changes to institutions of global governance. "The successful Johannesburg G20 will contribute to a prosperous and sustainable planet," Modi said in a post on X on Sunday. "My meetings and interactions with world leaders were very fruitful and will deepen India's bilateral linkages with various nations. I'd like to thank the wonderful people of South Africa, President Ramaphosa and the Government of South Africa for organising the Summit," Modi .

G20 pledges constructive talks on global minimum tax, digital levy issues

G20 leaders have committed to engaging constructively to address concerns regarding global minimum tax and tax challenges arising from digitalisation of the economy, while preserving the tax sovereignty of all countries. In a declaration issued after the G20 Summit in South Africa, leaders of 20 developing and developed nations also called for a new OECD framework that will enable interested jurisdictions to strengthen international tax transparency on immovable property on a voluntary basis. "We will continue engaging constructively to address concerns regarding Pillar Two global minimum taxes, with the shared goal of finding a balanced and practical solution that is acceptable for all as soon as possible," said the G20 Summit declaration. The Organisation for Economic Cooperation and Development (OECD)'s pillar 2 initiative sets a minimum tax rate of 15 per cent for every country that is signatory to it. There are concerns that the US domestic tax rules might conflict with this ne

India's message clear, trade should be trusted: PM Narendra Modi at G20

Marred by the US boycott, the Summit saw leaders focusing on tech, rare-earth minerals shortage and climate change

PM Modi, Canada's Carney agree to deepen cooperation in defence, space

Prime Minister Narendra Modi met Canadian counterpart Mark Carney here on Sunday and they agreed to unlock the potential for deeper cooperation in defence and space sectors, besides advancing ties in areas such as trade, investment, technology and energy. "Had a very productive meeting with Prime Minister Mark Carney of Canada," Modi said in a social media post after the meeting on the sidelines of the G20 Summit here. This was the second meeting between the two leaders. They earlier met in June on the margins of the G7 summit at Kananaskis in Canada. "We appreciated the significant momentum in our bilateral ties since our earlier meeting held during the G7 Summit hosted by Canada. We agreed to further advance our relations in the coming months, particularly in trade, investment, technology and innovation, energy and education," Modi said. He said that India and Canada have great potential in strengthening trade and investment linkages. "We have set a target of 50 billion USD by 20

Unfortunate that US didn't participate in G20: South African trade minister

It is unfortunate that the US did not participate in the G20 in Johannesburg this weekend because important matters relating to world trade were discussed, South Africa's Minister of Trade, Industry and Competition Parks Tau said on Sunday. Tau, asked whether the US would lose out by not attending and reduce its influence on global trade, said this needed to be judged in the context of what the outcomes of the G20 have been. It's been an important discussion around global trade, issues around the World Trade Organisation (WTO), discussion around industrialisation, financing for development, around debt. All those issues are important for the entire world and it is quite unfortunate that their (the US) voice was not coming across at these meetings, Tau said in a media briefing. The minister said discussions with the US around trade would continue. G20 is a separate process. Of course, I can't pretend that it does not reflect on the issues that have been discussed, but so far it hasn

G20 seeks stronger developing nation representation in MDB decisions

G20 nations have underscored the need for enhancing the representation and voice of developing countries in decision making in Multilateral Development Banks (MDBs) like the World Bank and IMF and other international economic and financial institutions. "In that context, we welcome the creation of a 25th chair at the IMF Executive Board to enhance the voice and representation of Sub-Saharan Africa," as per the leaders' declaration during the G20 South Africa Summit held in Johannesburg. G20 leaders reaffirm the critical role of MDBs in driving poverty reduction, economic growth, and development across client countries. "We welcome the inaugural Progress Implementation Report on the G20 MDB Roadmap by the Heads of MDBs Group. We further acknowledge the Capital Adequacy Framework's (CAF) potential to help MDBs more efficiently utilise existing resources, share more risk with the private sector and utilise new instruments to increase lending capacity over the next decade and recognise

PM Modi meets Japanese PM Sanae Takaichi on sidelines of G20 Summit

Earlier on October 29, PM Modi had spoken to PM Takaichi and congratulated her on assuming office. He discussed the shared vision of advancing the partnership between the two countries

G20 backs critical minerals plan to boost inclusive growth, resilience

The framework seeks to ensure that mineral-producing countries, particularly in the Global South, derive maximum benefit from their resources, moving beyond mere raw material exports

At G20, PM Modi calls for stronger cooperation on disaster preparedness

Pointing to the rising frequency and impact of natural disasters worldwide, he described them as a major challenge for humanity

G20 sends strong message on disaster resilience, debt, minerals: MEA

The concerns and priorities of Africa were prominently reflected in the G20 South Africa Summit Leaders' Declaration, adopted by member countries, said Sudhakar Dalela, Secretary (Economic Relations)

PM Modi proposes critical minerals circularity initiative at G20 Summit

India on Saturday proposed a G20 critical minerals circularity initiative to promote recycling, urban mining, second-life batteries and related innovations, with Prime Minister Narendra Modi asserting that the country is fully committed to sustainability and clean energy. In his address at the second session at the G20 Summit in Johannesburg, he also proposed setting up of a G20 Open Satellite Data Partnership whereby satellite data and analysis from G20 space agencies can be made more accessible for countries of the Global South. He shared the broader points from his speech, in a series of posts on X. The second session was on A Resilient World --- the G20's Contribution: Disaster Risk Reduction, Climate Change, Just Energy Transitions, Food Systems. The second session at the G20 Summit in Johannesburg focussed on building a resilient world in the face of disasters, climate change and ensuring energy transitions that are just as well as robust food systems. India has been actively

PM Modi meets world leaders on sidelines of G20 Summit in Johannesburg

Prime Minister Narendra Modi on Saturday had an engaging exchange on different issues with multiple world leaders here and said they together reaffirmed shared commitment to global progress and prosperity. Modi met his British counterpart Keir Starmer, Malaysian Prime Minister Anwar Ibrahim, French President Emmanuel Macron, South Korea's President Lee Jae-myung, Brazilian President Luiz Inacio Lula da Silva and UN Secretary-General Antonio Guterres on the sidelines of the G20 Leaders' Summit hosted by South Africa. It was wonderful meeting Prime Minister Keir Starmer in Johannesburg. This year has brought new energy to the IndiaUK partnership and we will keep driving it forward across many domains, Modi said in a post on X. Modi said he had a great exchange of views with Prime Minister Ibrahim and added that India and Malaysia will continue to work together to diversify bilateral cooperation. He said he was delighted to meet President Macron, with whom he had an engaging exchange

Solidarity, equality, sustainability key pillars of growth: G20 declaration

Acknowledging the impact of rising geopolitical and geo-economic competition, a Declaration adopted at the G20 Leaders' Summit here on Saturday confirmed that solidarity, equality and sustainability are key pillars of inclusive growth. Energy security, climate action and disaster resilience and response too was prominently mentioned in the text of the Declaration that was adopted by the heads of state attending the Summit by consensus despite US attempts to stop it. We understand our interconnectedness as a global community of nations and reaffirm our commitment to ensure that no one is left behind through multilateral cooperation, macro policy coordination, global partnerships for sustainable development and solidarity, the Declaration read. The 39-page document acknowledges the impact of rising geopolitical and geo-economic competition and instability, heightened conflicts and wars, and deepening inequality increasing global economic uncertainty and fragmentation. In the face of

UN chief Antonio Guterres urges G20 to use power to ease global suffering

The G20 nations hold enormous potential to ease suffering and set the world on a more peaceful course, UN Secretary-General Antonio Guterres has said, urging the bloc to lead the action required. Guterres made the remarks at a media briefing shortly after arriving in Johannesburg on Friday to participate in the G20 Leaders' Summit for the next two days. My message to G20 leaders over the next two days is simple. Now is the time for leadership and vision, Guterres said as he cited conflicts, climate chaos, economic uncertainty, inequality and a collapse in global aid as causes of inflicting massive suffering around the world. He added that rising military spending is drawing resources away from development. "As the world's largest economies, the G20 nations can hold enormous influence to ease suffering, ensure that economic growth is widely shared, and set our world on a better, more peaceful course for the future," he said. Guterres said that during the Summit, he would call on G2

S Africa refuses to hand over G20 baton to junior official amid US spat

South Africa has decided not to hand over the annual G20 Presidency to a junior US official at the end of the leaders' summit, even as a White House official cautions Cyril Ramaphosa over running his mouth against the US and President Donald Trump. South African President Ramaphosa adopted a reconciliatory approach on Thursday evening after the US requested accreditation for an eight-member team led by US charg d'affaires, Marc Dillard, to receive the baton on Sunday. However, late on Thursday evening, Ramaphosa's spokesman, Vincent Magwenya, posted a message on social media, saying the president will not hand over the G20 Presidency to a junior official. The President will not hand over to a charg d'affaires. It's a breach of established protocol. No head of state and government anywhere in the world would do it, Magwenya told local media. There was also anger in South Africa about remarks by White House Press Secretary Karoline Leavitt, which analysts said was a breach of protoco

US to attend but not participate in deliberations at G20 in South Africa

The US will attend only the closing ceremony of this weekend's G20 Leaders' Summit in Johannesburg, but will not participate in any deliberations, the US confirmed in a statement late on Thursday. South Africa will hand over the annual Presidency of the G20 to the US on Sunday, and had indicated that it would do so ceremonially to an empty chair after repeated threats by US President Donald Trump that there would be no representation from the US. The US announcement followed some tough talk earlier on Thursday, where South African President Cyril Ramaphosa took several swipes at Trump without naming him specifically. It cannot be that a country's geographical location or income level or army determines who has a voice and who is spoken down to. It basically means that there should be no bullying of one nation by another nation we are all equal, Ramaphosa said to huge applause from the delegates at the G20 Social Summit. By early evening, Ramaphosa was more conciliatory as he ...