My India First

My India First

New Delhi G20 Summit Over, India Passes Presidency Baton To Brazil

PM Narendra Modi in the present day arms over the G20 presidency to Brazil’s Luiz Inacio Lula da Silva

New Delhi:
Marking the ceremonial switch of the G20 presidency, Prime Minister Narendra Modi in the present day handed over the gavel to Brazilian President Luiz Inacio Lula da Silva, who praised India for giving voice to matters of pursuits of rising economies.

Listed here are 10 factors about this large story:

  1. “Yesterday, we had wide-ranging discussions within the ‘One Earth, One Household’ classes. I’m glad that in the present day the G20 has turn into a platform for optimistic efforts relating to the imaginative and prescient of One Earth, One Household, One Future,” PM Modi stated in his closing remarks in the present day.

  2. Lula da Silva congratulated PM Modi, and listed social inclusion, the battle in opposition to starvation, power transition and sustainable growth as G20 priorities. He stated the UN Safety Council wants new growing international locations as everlasting, non-permanent members to regain political power. “We wish higher illustration for rising international locations on the World Financial institution and the IMF,” he stated.

  3. The massive takeaway of the Summit have been a name to finish the “international belief deficit”, the launch of the International Biofuel Alliance, and the launch of recent connectivity networks between the US, India, Saudi Arabia, and Gulf states.

  4. The G20 members unanimously adopted the Delhi Declaration, which referred to as on nations to uphold territorial integrity and worldwide humanitarian regulation to safeguard peace and stability.

  5. “We name on all states to uphold the ideas of worldwide regulation together with territorial integrity and sovereignty, worldwide humanitarian regulation, and the multilateral system that safeguards peace and stability,” the declaration stated.

  6. China and Russia, whose heads of state skipped the Summit, have been additionally in settlement with the Delhi declaration. However whereas the declaration referred to as on all states to not use power to seize territory, it prevented condemning Russia for the struggle in Ukraine. Ukraine’s overseas ministry stated the declaration was “nothing to be pleased with”, including {that a} Ukrainian presence would have given members a greater understanding of the scenario.

  7. The bloc additionally stated that they are going to purpose to triple international renewable power capability by 2030 and expedite efforts to part down coal energy in step with nationwide circumstances however didn’t decide to a phase-out of all polluting fossil fuels, together with oil and fuel.

  8. The bloc, which represents 85 per cent of the world’s GDP and contributes 80 per cent of emissions, nonetheless, stated it should uphold its 2009 promise made in Pittsburgh to eradicate and rationalise inefficient fossil gas subsidies.

  9. The African Union was inducted as the brand new everlasting member of G20, pushing ahead a brand new world order and providing growing nations a higher say in international decision-making.

  10. Forward of the classes in the present day, the delegates visited and paid homage to Mahatma Gandhi at his memorial Rajghat in Delhi. Overseas Minister S Jaishankar and G20 Sherpa Amitabh Kant will deal with the media at 2 pm in the present day, after the conclusion of all scheduled discussions.

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