Page 44 - G20

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"

India takes over G20 presidency for 2023, PM Modi extends invitation

PM Modi took over the "key" from Indonesian president Joko Widodo, India will officially assume the presidency of G20 on December 1

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

Must not promote restriction on energy supply: PM Modi at Bali meet

Modi holds talks with Biden, Sunak, Macron

G20 summit: US Prez Joe Biden meets Indonesian Prez Widodo, PM Modi

Leaders of India, US, and Indonesia reaffirmed their commitment to G-20 as premier body for global economic cooperation and discussed ways to use it to tackle significant challenges facing world

PM Modi, Chinese President Xi shake hands at side event at G20 Summit

Prime Minister Narendra Modi and Chinese President Xi Jinping shook hands Tuesday at a side event at the G20 Summit here, a gesture drawing some attention because of the strained relations between the two countries over a border clash two years back. A live video feed for the media from the welcome dinner hosted by Indonesian President Joko Widodo for G20 delegates showed the exchange between the two leaders. There had been some speculation over a possible bilateral meeting between the two leaders on the margins of the Group of 20 Summit, which began Tuesday. But the agenda made known by both sides so far does not slot such a meeting. In September, Prime Minister Modi and President Xi came face-to-face at the annual summit of the Shanghai Cooperation Organisation (SCO) in Uzbek city of Samarkand for the first time since the start of the border standoff in eastern Ladakh. There was no report of a handshake or exchange of pleasantries between Modi and Xi at that time.

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'

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

G20 members imposed export restrictions at increased pace: WTO report

Ahead of the G-20 summit in Indonesia, a WTO report on Monday said that the G20 countries introduced export restrictions at an increased pace during mid-May and mid-October 2022 in the back of global economic uncertainties. G20, a grouping of developed and developing nations, members include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Japan, Russia, the UK, the US, among others. It said that as of mid-October 2022, WTO (World Trade Organisation) members still had in place 52 export restrictions on food, feed and fertilizers, in addition to 27 export restrictions on products essential to combat COVID-19. Of these, it said 44 per cent of the export restrictions on food, feed and fertilizers, and 63 per cent of the pandemic-related export restrictions, were maintained by G20 economies. "In a context of economic uncertainty exacerbated by the COVID-19 pandemic, the war in Ukraine and the food security crisis, G20 economies between mid-May and mid-October 2022 .

'Aliens and deep tunnels': Elon Musk offers vision for future at G20

The Twitter owner appeared by video link on Monday to address business leaders in Bali on the sidelines of the G20 summit

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 ...

G20 summit: Biden, Xi shake hands as they meet amid superpower tensions

President Joe Biden and Chinese President Xi Jinping opened their first in-person meeting Monday since the US president took office nearly two years ago, amid increasing economic and security tensions between the two superpowers as they compete for global influence. Xi and Biden greeted each other with a handshake at a luxury resort hotel in Indonesia, where they are attending the Group of 20 summit of large economies. US officials say Biden aims to build a floor in the relationship between the leaders and nations to identify areas of potential cooperation and to avoid miscalculations between the nuclear powers on areas of disagreement. Both men entered the highly anticipated meeting with bolstered political standing at home. Democrats triumphantly held onto control of the U.S. 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 Communist Party's national congress, a break with .

G20 unveils global pandemic fund to avoid repeat of Covid pandemic

Funds will be used to help countries prevent future pandemics; fundraising currently at $1.4 billion

India's Presidency hopes to provide new direction to G20 talks: MEA

India's Presidency hopes to provide new strength to G20 discussions on subjects which include green development, lifestyle for environment, digital transformation, and greater voice for global south

Lotus in G20 logo reveals our traditional identity, says Rajnath Singh

Defence Minister Rajnath Singh said on Sunday that the lotus in the G20 logo reveals India's traditional identity.