Page 21 - G20 Meeting

PM Modi, Britain's Sunak agree on 'enduring importance' of UK-India ties

The UK on Wednesday unveiled a new scheme offering 3,000 places annually to 18 to 30 year-old degree-educated Indian nationals to come to Britain to live and work for up to two years following the first meeting between Prime Minister Narendra Modi and his British counterpart Rishi Sunak on the sidelines of the G-20 summit here. The British PM's office said the leaders agreed on the "enduring importance" of the UK-India relationship, and of the "living bridge" between our countries and that Sunak passed on his thanks to Modi for the "overwhelming" response of the Indian people to his appointment as the prime minister. Modi also held separate bilateral meetings with French President Emmanuel Macron, German Chancellor Olaf Scholz, Singapore Prime Minister Lee Hsien Loong, Italian Prime Minister Giorgia Meloni and Australian counterpart Anthony Albanese and the major focus of all the meetings was to boost defence and economic engagement. After his talks with Sunak, Modi said India ...

India's G-20 presidency will be inclusive, ambitious, action-oriented: PM

Prime Minister Narendra Modi on Wednesday said India's G-20 presidency will be inclusive, ambitious and action-oriented, noting that it is taking the responsibility at a time the world is grappling with geopolitical tensions, economic slowdown and rising food and energy prices. India was handed over the presidency of the influential bloc at the end of the two-day G-20 summit that saw sharp differences over the Russian invasion of Ukraine including ways to handle its economic implications. In his remarks at the closing ceremony of the summit where India was handed over the presidency, Modi said the country will strive to ensure that the G-20 acts as a global "prime mover" to envision new ideas and accelerate collective action over the next one year. "India is taking charge of the G-20 at a time when the world is simultaneously grappling with geopolitical tensions, economic slowdown, rising food and energy prices, and the long-term ill-effects of the pandemic," Modi said. "At such a

G20 leaders pitch for updating global agricultural food trade rules

G20 leaders on Wednesday pitched for updating global agricultural food trade rules and to facilitate trade in agricultural and food products with the objective of preventing malnutrition and hunger in the backdrop of geopolitical developments. This was stated in the G20 Bali Leaders' Declaration issued after the conclusion of the two-day summit, which was attended top global leaders. "We are deeply concerned by the challenges to global food security exacerbated by current conflicts and tensions. We therefore commit to taking urgent actions to save lives, prevent hunger and malnutrition, particularly to address the vulnerabilities of developing countries, and call for an accelerated transformation towards sustainable and resilient agriculture and food systems and supply chains," it said. The G20 leaders said they will take further coordinated actions to address food security challenges including price surges and shortage of food commodities and fertilizers globally. "We reaffirm the

G20 nations pledge coordinated actions for strong global economic recovery

G20 grouping, including India, the US, and the EU, on Wednesday pledged to take coordinated actions to ensure strong and resilient global recovery delivering jobs and growth. The G20 Bali Leaders' Declaration was issued after the conclusion of the two-day summit, which was attended top global leaders. At today's critical moment for the global economy, it is essential that the G20 undertakes tangible, precise, swift and necessary actions, using all available policy tools, to address common challenges, including through international macro policy cooperation and concrete collaborations, the declaration said. "In doing so, we remain committed to support developing countries, particularly the least developed and small island developing states, in responding to these global challenges and achieving the SDGs. "In line with the Indonesian G20 Presidency theme Recover Together, Recover Stronger we will take coordinated actions to advance an agenda for a strong, inclusive and resilient ..

G20 summit: PM Narendra Modi meets Australian counterpart Anthony Albanese

Prime Minister Narendra Modi on Wednesday met his Australian counterpart Anthony Albanese on the margins of the G-20 summit here and discussed ways to further cement the Comprehensive Strategic Partnership with a focus on cooperation in education and innovation sectors. Modi is in Bali to attend the two-day G20 summit which opened here on Tuesday. Sharing photographs of the meeting on Twitter, Modi said he also had discussions with Albanese on increasing trade and maritime co-operation. "Glad to meet PM Albanese. Discussed ways to further cement the Comprehensive Strategic Partnership, with a focus on cooperation in education, innovation and other sectors. We also talked about increasing trade and maritime cooperation. @AlboMP," Modi tweeted. In December 2020, India-Australia bilateral ties touched a new high with the Comprehensive Strategic Partnership, signing key agreements, including a landmark pact for reciprocal access to military bases against the backdrop of their frosty ..

PM Modi meets Italy's Meloni at G20 summit in Bali, holds bilateral talks

Prime Minister Narendra Modi met his Italian counterpart Giorgia Meloni on the sidelines of the G20 Summit here on Wednesday and the two leaders discussed ways to deepen bilateral cooperation in various sectors, including trade, energy, defence and counter terrorism. Modi is in Bali to attend the two-day G20 summit which opened here on Tuesday. He had informal interactions with US President Joe Biden, UK Prime Minister Rishi Sunak, French President Emmanuel Macron and several other global leaders on Tuesday on the sidelines of the summit. "Excellent meeting with PM @GiorgiaMeloni. We exchanged views on how India and Italy can work closely in sectors like energy, defence, culture and in boosting climate change," Modi tweeted. The two leaders discussed the deepening of bilateral cooperation in various sectors including trade and investment, and people to people ties, the Prime Minister's Office said in a tweet. "An introductory meeting between PM @narendramodi & PM @GiorgiaMeloni of

G20 declaration reflects differences among members over Russia-Ukraine war

The G20 members on Wednesday agreed that it was essential to uphold international law and multilateral system that safeguards peace and stability, but the differences among them was evident over the Russia-Ukraine conflict. A joint declaration issued at the end of the two-day G20 summit here acknowledged the differences over the Russia-Ukraine conflict, saying most members strongly condemned it. Indonesian President Joko Widodo, who hosted the summit attended by Prime Minister Narendra Modi, US President Joe Biden, Chinese President Xi Jinping and British Prime Minister Rishi Sunak among others, said that there was contentious discussion on the Russia-Ukraine conflict during their deliberations. Russian President Vladimir Putin skipped the summit and sent his Foreign Minister Sergei Lavrov to represent the country. Russia launched a special military operation in Ukraine on February 24. The Russian action has been widely condemned by the US-led West. Most of the member states said

Need to expand benefits of digital technology across the globe: PM at G20

"But these benefits will be realised only when the digital access is truly inclusive and when the use of digital technology is really widespread"

Data for development integral part of overall theme: PM on G20 presidency

The digital transformation should not be confined to a small part of the human race and its greater benefits will be realised only when digital access becomes truly inclusive, Prime Minister Narendra Modi said at the G-20 summit on Wednesday. Modi said India's experience in the past few years has shown that if digital architecture is made widely accessible, it can bring about socio-economic transformation. In a session on digital transformation, the prime minister said the principle of "data for development" will be an integral part of the overall theme of India's upcoming G-20 Presidency. India will assume G20 Presidency for one year, beginning December 1, 2022. "Digital transformation is the most remarkable change of our era. The proper use of digital technologies can become a force multiplier in the decades-long global fight against poverty," Modi said. "Digital solutions can also be helpful in the fight against climate change - as we all saw in the examples of remote-working a

Rishi Sunak won't sacrifice quality for speed on UK-India trade deal

Britain has completed most of the sections of a free trade agreement with India, Trade Minister Greg Hands said last month.

Top headlines: India's exports shrink, Q2 profits down, PM at G20, and more

Business Standard brings you the top headlines this hour

Create state-of-art digital experience for G20 meetings: UGC asks colleges

The University Grants Commission (UGC) has asked varsities and colleges to encourage their faculty and students to gather ideas for the creation of state-of-the-art digital experience for G20 meetings. The Ministry of Electronics and lnformation Technology (MeitY), is inviting Expressions of lnterest from interested entrepreneurs, start-ups, firms, and college students for conceptualising the digital experience using the latest emerging technologies for the G20 meeting to be held in various cities. "All the universities and their affiliated colleges and institutions are requested to encourage their faculty members and students to actively participate and submit their Expression of lnterest with all the necessary documents duly signed by an authorised signatory (or the zip files over email) on or before November 18," UGC Secretary P K Thakur said in a letter to the varsities. Participants are required to submit fresh ideas for execution at the pan-event level. These include setting

What happened during the Cold War between the US and the Soviet Union

On the sidelines of the G20 Summit, Joe Biden met Xi Jinping and later said that there was no need for a new 'Cold War'

India to produce 50% energy from renewables by 2030: Modi at G20 meet

Prime Minister says there should be no restrictions on energy supply, seeks 'return to the path of ceasefire and diplomacy in Ukraine'

G20 meet: Will have extensive talks on global issues, says PM Modi

Prime Minister Narendra Modi arrived here on Monday for the G20 Summit and bilateral meetings on its sidelines with key leaders attending this annual conference of the world's major economies. The two-day summit begins Tuesday morning, and will be attended by US President Joe Biden and British Prime Minister Rishi Sunak among heads from 20 countries and the European Union who make up the group. "During the Bali summit, I will have extensive discussions with other G20 leaders on key issues of global concern, such as reviving global growth, food and energy security, environment, health and digital transformation, Modi said ahead of his departure from Delhi. Modi said that he will meet with leaders of several other participating countries on the sidelines of the G20 summit and review the progress in India's bilateral relations with them. Modi will have separate bilateral meetings with a number of leaders on the sidelines of the summit but it was not immediately clear if a separate ...

World leaders converge in Bali for G20, Russia-Ukraine on their minds

Prime Minister Narendra Modi and leaders from the world's major economies arrived here ahead of the G20 summit, being held against the backdrop of the Russia-Ukraine war that has added to the challenges brought about by the devastating Covid pandemic. "Recover Together, Recover Stronger" - the theme picked by Indonesia when it took over the presidency of G20 a year ago appeared apt at that time for the group of the world's major economies fighting the effects of the Covid pandemic. But just ahead of the November 15-16 summit of the Group of 20 in the upmarket Nusa Dua area of the resort Island, this slogan painted on buses and on billboards seems slightly dated. Russia's war in Ukraine has piled more economic challenges onto the world, threatening food and energy shortages. Apart from the Russia-Ukraine conflict and its impact on the global economy, another interesting development was a meeting between US President Biden and his Chinese counterpart Xi Jinping on Monday. The first

Russia-Ukraine conflict, US-China frictions dominate G20 summit in Bali

Discord over Russia's war on Ukraine and festering tensions between the US and China are proving to be ominous backdrops for world leaders gathering in Indonesia's tropical Bali island for a summit of the Group of 20 biggest economies starting Tuesday. With recession looming as central banks fight decades-high inflation partly brought on by the war, US Treasury Secretary Janet Yellen said that ending the conflict would be the "single best thing that we can do for the global economy." British Prime Minister Rishi Sunak, writing in the newspaper The Telegraph, called Russia a "rogue state" and slammed its president, Vladimir Putin, for staying away. "Leaders take responsibility. They show up. Yet, at the G-20 summit in Indonesia this week, one seat will remain vacant," wrote Sunak, who took office last month. "The man who is responsible for so much bloodshed in Ukraine and economic strife around the world will not be there to face his peers. He won't even attempt to explain his ...

All eyes on Russia as G20 leaders gather in Bali to discuss global crises

PM Modi to emphasis India's priorities as country takes over G20's annual presidency at the end of the meet

India's G20 presidency could shape voter mood for 2024

Given the number of events taking place simultaneously across the country, hardly any state will miss out on the G20 extravaganza

G20 summit: Biden, Xi set for first face-to-face meeting amid strained ties

US President Joe Biden will sit down with Chinese President Xi Jinping on Monday for their first in-person meeting since the US president took office nearly two years ago, amid increasing tensions between the two superpowers as they compete for global influence. Both men are coming into the highly anticipated meeting held on the margins of the Group of 20 summit of world leaders in Indonesia with bolstered political standing at home. Democrats triumphantly held onto control of the Senate, with a chance to boost their ranks by one in a runoff election in Georgia next month, while Xi was awarded a third five-year term in October by the Community Party's national congress, a tenure that broke with tradition. We have very little misunderstanding, Biden told reporters in Phnom Penh, Cambodia, where he participated in a gathering of southeast Asian nations before leaving for Indonesia. We just got to figure out where the red lines are and ... what are the most important things to each