Page 16 - G20 Summit

UK PM Rishi Sunak reaches Akshardham temple in Delhi to offer prayers

"I am a proud Hindu. That's how I was raised, that's how I am," Sunak said

G20 aims to triple green energy capacity; no mention of fossil phase-out

G20 countries on Saturday said they will aim to triple global renewable energy capacity by 2030 and expedite efforts to phase down coal power in line with national circumstances but did not commit to a phase-out of all polluting fossil fuels, including oil and gas. The language on coal aligns with what was agreed upon in the previous G20 Summit in Bali, Indonesia. The bloc, which represents 85 per cent of the world's GDP and contributes 80 per cent of emissions, however, said it will uphold their 2009 promise made in Pittsburgh to eliminate and rationalise inefficient fossil fuel subsidies. According to a key technical report on the first-ever Global Stocktake published on Friday, scaling up renewable energy and phasing out unabated fossil fuels are indispensable elements of just energy transitions to net-zero emissions. The G20 is home to 93 per cent of the world's operating coal capacity (1,926 GW) and 88 per cent of (305 GW) the pre-construction coal capacity, according to a rep

HM Amit Shah hails adoption of consensus declaration at G20 summit

Union Home Minister Amit Shah on Saturday congratulated Prime Minister Narendra Modi for the G20 nations adopting a consensus declaration at the leaders' summit here, saying this marks a significant step towards a better future for all. India pulled off a big diplomatic win after the G20 Summit adopted a consensus declaration overcoming major differences on the Russia-Ukraine war, as Prime Minister Modi called for ending "global trust deficit". Modi also announced that the African Union was admitted as the G20's permanent member. "My warmest congratulations to PM @narendramodi and the member nations of the G20 on the adoption of the New Delhi G20 Leaders' Summit Declaration," Shah wrote on 'X', formerly Twitter. "In pursuit of our civilizational goal of promoting the welfare of humankind, the esteemed G20 leaders have arrived at a consensus to build bridges of trust among nations through diplomacy and cooperation. This marks a significant step towards a better future for all," he .

Ukraine says G20 statement on Russian war 'nothing to be proud of'

Top Ukrainian official Oleg Nikolenko posted a photo of a part of the statement edited in red, changing "the war in Ukraine" to "the war against Ukraine" and adding references to Russia

Voice of Africa to grow stronger with AU inclusion in G20: SA top official

The voice of Africa and the Global South will "grow stronger" after the African Union's inclusion in the G20, a top South African official said on Saturday. Vincent Magwenya, a spokesperson for South Africa President Cyril Ramaphosa said, the African Union joining the bloc signals a "very positive step" towards the reforms that have been sought in the United Nations Security Council and various global multilateral institutions. The voice of the continent and the Global South will "grow stronger" globally, he told reporters on the sidelines of the G20 Summit. "We are very thankful and delighted about the leadership Prime Minister Narendra Modi has demonstrated," Magwenya said when asked about India's role in the inclusion of the 55-nation grouping in the G20. Modi has sought to "define this summit around the inclusion of the Global South, smaller developing countries," he said. The inclusion of the African Union also signals a "very positive step towards the kind of reforms we have

Finance Minister interacts with Bangladesh PM Sheikh Hasina at G20 dinner

Bangladesh PM, who arrived in India on Friday, held a bilateral talk with her Indian counterpart Narendra Modi in New Delhi on the same day

'Biden's approach towards India structural, Trump's was transactional'

He added that the New Delhi Declaration adopted at the G20 Summit is a "success story" for India, which has sent out a message that it has arrived as a rising global power

Ukraine war affects price, energy, food security: German Chancellor Scholz

What cannot be not talked about is the Russian war of aggression against Ukraine and the destruction it is wreaking in Ukraine, he said

LIVE: Eiffel Tower lights to go dark in tribute to Morocco quake victims

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G20 calls for full, timely implementation of Black Sea grain initiative

G20 leaders on Saturday called for the full and timely implementation of a UN-brokered deal that allows Ukraine to export its grain to the world markets through the Black Sea. In the G20 declaration, the leaders of the grouping emphasised the importance of sustaining food and energy security and called for the "cessation of military destruction" or other attacks on relevant infrastructure. Following the Ukraine conflict, Russia blocked the transportation of grain from Ukraine through the Black Sea ports. In July last year, a deal was struck between Russia and Ukraine following an initiative by Turkey and the UN that allowed cargo ships to sail along a corridor in the Black Sea. Months later, Russia announced pulling out of the deal, triggering a rise in global food prices. The G20 leaders called for the full, timely and effective implementation of the grain deal to ensure the "immediate and unimpeded deliveries of grain, foodstuffs, and fertilisers/inputs from Russia and ...

India agrees to cut tariffs on US frozen turkey, fresh blueberries: USTR

With India and the US announcing the resolution of their last trade dispute on poultry products at the WTO, New Delhi has agreed to reduce tariffs on certain American products like frozen turkey, frozen duck, fresh blueberries and cranberries, the USTR has said. The United States Trade Representative (USTR) Katherine Tai in a statement said the US and India have agreed to resolve their last outstanding dispute at the World Trade Organization (WTO) on Indian measures concerning the importation of poultry and poultry products. "As part of the agreement, India also agreed to reduce tariffs on certain US products, including frozen turkey, frozen duck, fresh blueberries and cranberries, frozen blueberries and cranberries, dried blueberries and cranberries, and processed blueberries and cranberries," the statement dated September 8 said. These tariff cuts, it said, will expand economic opportunities for US agricultural producers in a critical market and help bring more US products to ...

Will give new direction to connectivity: PM Modi on new corridor deal

Plans for an ambitious India-Middle East-Europe Economic Corridor were unveiled on Saturday with Prime Minister Narendra Modi asserting that India does not limit connectivity to regional borders and believes that it can play a key role in strengthening mutual trust. At the launch event of the 'Partnership for Global Infrastructure and Investment' and 'India-Middle East-Europe Economic Corridor' during the G20 Summit, Modi said today "we all have reached an important and historic partnership". He said in the times to come, it will become an effective medium for economic integration of India, the Middle East and Europe. "It will give a new direction to connectivity and sustainable development of the entire world," the prime minister said. "It will drive sustainable development for the entire world," Modi said. At the launch, he also said strong connectivity and infrastructure are fundamental basis for humanity and India has always laid strong emphasis on this. "We are laying a stro

G20 commits to WTO reforms, aims for dispute settlement system by 2024

The G20 leaders on Saturday expressed their commitment to conduct discussions for having a fully and well-functioning dispute settlement system of the World Trade Organisation (WTO) by 2024. Besides formulating norms for global exports and imports, the Geneva-based 164-member multi-lateral body adjudicates trade disputes among the member countries. The dispute settlement mechanism of the WTO has been derailed due to a non-functional appellate body since December 2019. "We reiterate the need to pursue WTO reform to improve all its functions through an inclusive member-driven process, and remain committed to conducting discussions with a view to having a fully and well-functioning dispute settlement system accessible to all members by 2024, the G20 declaration said. It said that the leaders expressed commitment to work constructively to ensure positive outcomes at the WTO's Thirteenth Ministerial Conference (MC13). MC, which is the highest decision-making body of the WTO, is schedul

Improve biz environment to realise investment target: Japan PM urges Modi

Japanese Prime Minister Fumio Kishida on Saturday urged Prime Minister Narendra Modi to improve the business environment in India to realise the 5 trillion yen investment target. Kishida conveyed this to Modi during a bilateral meeting on the sidelines of the G20 Summit here, Japanese officials said. According to the officials, Kishida stated that Japan-India relations have steadily progressed in recent years and called for cooperation in improving the investment environment in India toward the realisation of the five trillion yen target of public and private investment and financing from Japan to India in the next five years, which was set in March last year. Both the leaders welcomed the provision of a 400 billion yen loan for the high-speed rail construction project in India, which is underway, they said. "Held productive talks with PM Kishida. We took stock of India-Japan bilateral ties and the ground covered during India's G20 Presidency and Japan's G7 Presidency. We are eager

It speaks volumes of India's rise: FICCI prez on G20 summit Declaration

Earlier today External Affairs Minister S Jaishankar said that the G20 Leaders's Summit Declaration adopted on Saturday focuses on promoting strong, sustainable, balanced and inclusive growth

From Paatram to Madhurima, what's on the menu for G20 grand dinner

The gala dinner was hosted at the state-of-the-art Bharat Mandapam, the main venue for the 18th G20 Leaders' Summit at Delhi's Pragati Maidan

The G20 sidelights: Numbers, tales, hoardings, messages - and beyond

PM Modi began the summit by mentioning a 2,500-year-old pillar in New Delhi with a message in an "ancient language" that translates into "welfare and happiness of humanity should always be ensured"

Global Biofuel Alliance, UK-Middle-East economic corridor launched at G20

GBA becomes the third multilateral initiative launched by the Central government

Biden to Kishida, what G20 leaders had to say about economic corridors

From strengthening connectivity to enabling global cooperation, leaders a the 2023 G20 Summit speak about the progress, achievement and potential of partnership of global infrastructure and investment

G20 countries to focus on skill gaps, work and social protection policies

To prepare for the future of work, the leaders of the world's top economies welcomed efforts to map global skill gaps and the development of a G20 policy to address skill gaps globally