Page 6 - G20

AU's inclusion in G20 under India's initiative should inspire UN: Amb

India's initiative to include the African Union as a permanent member of the G20 under its presidency is a significant step in reform that should inspire the much older United Nations to make the Security Council contemporary, New Delhi's envoy to the UN has said. India's Permanent Representative to the UN Ambassador Ruchira Kamboj told the Intergovernmental Negotiations (IGN) meeting on Security Council Reforms on Wednesday that upon India's initiative, the African Union became a permanent member of the G20 at the New Delhi Summit in September this year. The inclusion of the African Union in the G20 ensured that an important and valuable voice from the Global South is added to an influential institution of global governance and decision-making. This significant step in reform should inspire the United Nations, a much older organisation, to also make the Security Council contemporary. Broad representation is, after all, a prerequisite for both effectiveness and credibility, Kamboj .

India showed capability of getting consensus at very divisive moment: EAM

India has not only shown an ability to progress at home but also displayed during its G20 presidency that it has the capability of getting the world to agree on something of common interest at a very difficult and very divisive moment, External Affairs Minister S Jaishankar said on Saturday. Jaishankar's remarks came during his interaction with Indian students and young professionals in Dubai and shared perspectives on transformations in India and the impact it is having on the everyday lives of Indians at home and abroad. Jaishankar said students and young professionals will be at the forefront of building a Viksit Bharat in the Amritkaal. Talking about India's progress Jaishankar said India has just completed its presidency of the G20. "And in this presidency, what had happened was that, because of the geopolitics, the whole controversy around Ukraine, there was a lot of concern, whether we will be able to get everybody together," the minister said. At the same time, he said the

India becoming middle income country within realms of possibility: NK Singh

Talking about the challenges that India needs to address, he stressed the need for ensuring the sanctity of contracts across governance

Want to thank PM Modi for helping Africa become G20 member: Kenya President

He said that India and Kenya have a fantastic bilateral relationship and added that he is looking forward to visiting India

Top UN leaders, envoys hail India as champion of South-South cooperation

Top UN leaders and envoys have lauded India's "exemplary leadership" in addressing global challenges and for being a champion of South-South cooperation, as they highlighted the country's G20 Presidency and termed the enduring" partnership between India and the United Nations as a guidelight within the Global South. India assumed the year-long G20 Presidency in December last year and is all set to hand over the baton to Brazil. The Permanent Mission of India to the UN and the UN Office for South-South Cooperation (UNOSSC) organised a special event at the world body's headquarters here Wednesday to commemorate six years of collaborative partnership of the India-UN Development Partnership Fund. India has long been a champion of South-South cooperation and the global pursuit of the SDGs, bringing to life its philosophy of 'Vasudhaiva Kutumbakam' - the world as one interconnected family, UN Deputy Secretary-General Amina Mohammed said in her remarks at the event. Mohammed underscored t

Towards a brighter tomorrow

Through 'Jan Bhagidari' events, G20 reached 1.4 billion citizens, involving all states and Union Territories as Partners

Nigeria aims Brics in two years, join G-20 in new foreign policy push

BRICS is a grouping of the emerging market powers Brazil, Russia, India, China and South Africa. In August they invited six other nations, including top oil exporter Saudi Arabia, to join their ranks

LIVE: Opec+ meeting delayed over a dispute over some members' output

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Ahead of G20 virtual meet, India resumes e-visa service for Canadians

India had suspended visa services in September this year following the allegations against India being involved in the killing of Khalistan separatist Hardeep Singh Nijjar

India to host virtual G20 summit today, Trudeau to attend, Biden to skip

Against the backdrop of the Israel-Hamas conflict, Prime Minister Narendra Modi will chair a virtual summit of G20 leaders on Wednesday which would be attended by the likes of Russian President Vladimir Putin and Canadian Prime Minister Justin Trudeau. With Ottawa confirming Trudeau's participation in the summit, this would be the first time he would come face to face with Prime Minister Modi, albeit virtually, after ties between India and Canada came under severe strain following Trudeau's allegations in September of a "potential" involvement of Indian agents in the killing of Khalistani separatist Hardeep Nijjar on June 18 in British Columbia. India had designated Nijjar as a terrorist in 2020. India has rejected Trudeau's allegations as "absurd" and "motivated". While Putin's participation in the virtual meeting has also been confirmed by the Kremlin, China on Tuesday had announced that Premier Li Qiang will attend the virtual G20 Leaders' Summit at India's ...

G20 virtual meet chance to discuss Delhi declaration execution: Kant

A day before Prime Minister Narendra Modi hosts a virtual summit of G20 leaders, India on Tuesday said the meeting will provide an opportunity to discuss the implementation of the Delhi Declaration, enhance cooperation on critical challenges and address gaps in global governance. Addressing a press conference on the summit, India's G20 Sherpa Amitabh Kant said that since the successful hosting of the leaders' summit on September 9 and 10 and the unanimous adoption of the New Delhi Declaration, the world has witnessed succession of events and several new challenges have emerged. He said that while development will be the main agenda of the meeting, the leaders may discuss many other issues. "The virtual summit will provide an opportunity not only to discuss the implementation of the leaders' declaration but also for the leaders to share views and enhance cooperation on critical challenges that we confront and address gaps in global governance, reaffirm our existing commitment to SDGs

India's G20 Presidency advocated solutions from within Global South: EAM

The External Affairs Minister noted that long-standing structural inequities have been seriously aggravated by the devastation caused by the Covid-19-19 pandemic

India ready to share technical capabilities for empowering people: DEA Secy

India stands ready to share its technical capabilities relating to Digital Public Infrastructure (DPI) and knowledge resources for empowering the people of the Global South, Economic Affairs Secretary Ajay Seth said on Friday. G20 Leaders at the New Delhi Summit in September committed to improving access to digital services and digital public infrastructure and leveraging digital transformation opportunities to boost sustainable and inclusive growth. Speaking at the second Voice of Global South Summit, Seth said another focus area of the Indian presidency is the role of technology in social transformation and economic empowerment, particularly in financial inclusion. Relying on India's success story, the G20 policy recommendations for advancing financial inclusion and productivity gains through digital public infrastructure endorsed by the leaders can serve as a valuable guide for rapidly advancing financial inclusion, he said. "The G20 financial inclusion action plan for 2024 to .

G20 virtual summit on November 22 will remain a stocktaking exercise

This will be the first time leaders from the G20 nations will gather twice during the year to assess the progress made since the main meeting

India's G20 presidency gave clear policy direction: FM Nirmala Sitharaman

The Finance Minister said that the current pace of global growth remains quite weak, well below the 3.8 per cent average in the two decades before the pandemic

Food should not become instrument in war, says FM Nirmala Sitharaman

The finance minister urged countries across the world to consider regional balance in sourcing their food supplies, especially staple, and essential products

MDBs should work to increase private financing by $500 bn by 2030: Experts

Multilateral Development Banks (MDBs) should work systematically with the private sector to increase private financing by an additional USD 500 billion by 2030, a G20 expert group has said in a report. The independent expert group on multilateral development banks set up under India G20 Presidency, called for a better, bolder, and bigger MDB system to provide long-term finance to meet physical and social infrastructure needs globally. The second volume of the report 'The Triple Agenda' said the MDBs should work together better as a system. MDBs include the World Bank, Inter-American Development Bank, Asian Development Bank, the African Development Bank, and the European Bank for Reconstruction and Development. The report also suggested that MDBs agree to be held accountable, individually and collectively, on a range of Key Performance Indicators (KPIs) to match the expanded mandate. MDBs should share diagnostic tools, mutually recognise each other's standards and set up shared ...

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Work in progress

Multilateral bank reforms will need more effort

G20 finance ministers and central bank governors adopt crypto road map

Briefing reporters in Marrakesh, Finance Minister Nirmala Sitharaman said the roadmap on crypto assets is the big step forward that came from the FMCBG discussion