G20 Meeting

Secure supply chains, resilience key for global economy: Jaishankar at G20

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

G20 foreign ministers end Atlanta meeting without consensus on key issue

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

US Secretary of State Rubio hosts Quad meet, wraps up G20 gathering

Rubio hosted a final plenary session with ​foreign ministers from the Group of 20 major economies during a two-day summit in Atlanta

Military solutions not working, give diplomacy a chance: Jaishankar at G20

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, ...

Jaishankar slams global energy disruptions through sanctions, chokepoints

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

G20 discusses curbing excess capacity, dumping hurting fair trade: Goyal

G20 trade ministers have discussed preventing large production capacities, created with government support in some geographies, from hurting manufacturing in countries that follow fair trade practices, including India, the US and Europe, Commerce and Industry Minister Piyush Goyal has said. Replying to questions from the Indian diaspora in Chicago about the G20 trade ministers meeting, which concluded late evening on Friday in Milwaukee, Goyal said the members also discussed the future of several elements of the World Trade Organisation (WTO), which is currently under severe stress, including the fact that many countries are using predatory pricing as they have overcapacity, and are dumping goods, much to the detriment of honest and fair trade. Replying to questions from the Indian diaspora in Chicago about the G20 trade ministers meeting, which concluded late evening on Friday in Milwaukee, Goyal said the members also discussed the future of several elements of the World Trade ...

Action on forced labour should be evidence-based: Piyush Goyal at G20 meet

India calls for trade curbs on forced-labour goods to be based on clear evidence, while warning against broad action and urging G20 members to follow WTO rules

US to host G20 foreign ministers' meeting in Atlanta on October 30-31

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

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 .

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

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

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)

Will present India's perspective at G20 summit in Johannesburg: PM Modi

Prime Minister Narendra Modi on Friday embarked on a three-day visit to South Africa to attend the first G20 summit being held in Africa. During his stay in Johannesburg, the Prime Minister will also attend the sixth IBSA Summit on the sidelines of the G20. I will present India's perspective at the Summit in line with our vision of Vasudhaiva Kutumbakam' and 'One earth, One Family and One future', Modi said in his departure statement.

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 ...

US to boycott G20 in South Africa over white farmers issue, says Trump

President Donald Trump said Friday that no US government officials would be attending the Group of 20 summit this year in South Africa, citing the country's treatment of white farmers. Trump had already announced he would not attend the annual summit for heads of state from the globe's leading and emerging economies. Vice President JD Vance had been scheduled to attend in Trump's place, but a person familiar with Vance's plans who was granted anonymity to talk about his schedule said Vance would no longer travel there for the summit. It is a total disgrace that the G20 will be held in South Africa, Trump said on his social media site. In his post, Trump cited abuses of Afrikaners, including violence and death as well as confiscation of their land and farms. The Trump administration has long accused the South African government of allowing minority white Afrikaner farmers to be persecuted and attacked. As it restricted the number of refugees admitted annually to the US to 7,500, the

Trump says he'll host next year's G20 summit at his Doral resort in Florida

US President Donald Trump on Friday said the US will host next year's Group of 20 summit at his golf club in southern Florida. In his first term, Trump tried to host a separate global summit at the club, located in Doral, but backed down after criticism from his own party about the propriety of doing so. Well, I think everybody wants it there, Trump said Friday when asked if the global summit would be at his golf club and spa. He had previously announced that it would be in the city of Miami. Trump said the organisers had requested the summit be at his personal club.

G20 watchdog outlines climate risk plan but halts further policy work

The US has withdrawn from multiple groups dedicated to exploring how flooding and wildfires and big climate-related policy shifts could impact financial stability

Countries need to put public debt on sustainable path: IMF MD at G20 meet

Most countries need to put public debt on a sustainable path and rebuild fiscal buffers, International Monetary Fund (IMF) Managing Director Kristalina Georgieva told economic leaders from the G20 countries. Georgieva was addressign the first meeting of the G20 Finance Ministers and Central Bank Governors in Cape Town on Thursday. The meeting was hosted by South Africa, which holds the G20 Presidency for 2025. On the fiscal side, most countries need to put public debt on a sustainable path and rebuild fiscal buffers, Georgieva said. While mobilising more domestic revenues is crucial in many countries, it is equally important to promote more efficient public spending. The two go hand-in-hand to ensure that countries have the fiscal space to meet future shocks and provide the basis for higher future growth, she added. Georgieva said it was critical that countries embrace ambitious reforms to lift productivity and enhance growth prospects. The specific priorities will vary from coun

G20 meet on global poverty marred by disputes, absence of major economies

The two-day meeting comes after the Trump administration announced plans to gut its USAID arm and Britain slashed its aid budget by 40 per cent to divert funds towards defence spending