India's G20 presidency has shaped its global future and brought the country to the forefront of the international stage, with discussions at the NDTV G20 Conclave focusing on energy transition, clean growth, digital economy, and India's rising global influence.
US Secretary of the Treasury Janet L Yellen will attend the G20 Leaders' Summit in New Delhi to focus on strengthening the global economy, supporting low and middle-income countries, and addressing global challenges such as climate change and pandemics.
Indian Prime Minister Narendra Modi emphasized that the theme of India's G20 Presidency, 'Vasudhaiva Kutumbakam,' is not just a slogan but a comprehensive philosophy derived from the country's cultural ethos. He also highlighted the importance of including the African Union in the G20 and expressed his belief that India will soon be among the top three economies in the world. The G20 Summit, to be held in September, will see increased security measures with 1,500 Delhi Police personnel deployed outside the venue.
India is hosting the G20 Summit in 2023, leading to the beautification of Delhi and temporary train and flight cancellations.
Nigeria is considering joining the G20, as President Bola Tinubu attends the G20 summit in India to promote foreign investment and encourage economic reforms.
The G20 Summit in Delhi will be attended by more than 40 world leaders, including President Joe Biden and UK Prime Minister Rishi Sunak, while Chinese President Xi Jinping and Russian President Vladimir Putin will not be present.
The Indian government is taking a different approach to the G20 summit, aiming to make it a national endeavor and involve different parts of the country, according to External Affairs Minister S Jaishankar.
The G20, which is meeting in New Delhi, India, has seen a major shift in power dynamics over the past two decades, with the BRICS bloc now having a slightly higher combined GDP than the US, and EU countries accounting for around 20% of the G20's economic output.
President Joe Biden is traveling to the G-20 summit in New Delhi and then to Vietnam to strengthen ties with developing countries and counter China's influence, while also facing challenges from autocratic leaders attending the event.
President Joe Biden will attend the Group of 20 (G20) summit in India as a supporter, even as the US acknowledges that India's interests may diverge from Washington's, with India seeking to emphasize development issues and bridge the concerns of the world's largest economies with those of the Global South.
India is hosting the G20 summit as Prime Minister Narendra Modi seeks to establish himself as a global leader, but activist Arundhati Roy criticizes the event as a vanity event for Modi and raises concerns about the treatment of minorities in India.
President Biden aims to use the G20 summit as an opportunity to strengthen the U.S.'s position as the leader of the global system, boost funding for the World Bank, and counterbalance China's Belt and Road Initiative; meanwhile, a potential strike looms for General Motors and Ford, and the Federal Reserve plans to maintain interest rates while addressing inflation concerns.
Global leaders at the G-20 summit will issue a warning about the state of the global economy, noting the impact of multiple crises and the likelihood of a downturn.
The 18th G20 Summit, hosted by India, will focus on the theme of 'One Earth' and aims to accelerate climate action and achieve net-zero emissions, with over 30 heads of state and international organizations in attendance.
UK Prime Minister Rishi Sunak believes that the G20 leaders can address the enormous challenges facing the world and provide leadership, as he attends the summit in Delhi alongside Prime Minister Narendra Modi, who emphasized India's inclusive approach to the G20 presidency and proposed granting the African Union permanent membership.
Indian Prime Minister Narendra Modi announced that the G20 nations have reached a consensus on a joint declaration, despite disagreements over the war in Ukraine.
Prime Minister Narendra Modi urged world leaders at the G20 Summit to overcome the "trust deficit" caused by war and emphasized the importance of finding new solutions to global challenges during his opening address. Additionally, he announced that the African Union has been granted permanent membership in the G20.
The G20 reached a consensus and adopted the New Delhi Leaders Summit Declaration, which called for upholding international law, peaceful conflict resolution, and diplomacy.
The G20 summit is set to feature strongmen leaders with human rights concerns, such as Mohammed bin Salman and Recep Tayyip ErdoÄan, reflecting a recognition that involving these countries is necessary for addressing issues like the Ukraine war and achieving consensus on global agreements.
Global leaders have announced a multinational rail and ports deal at the G20 summit in New Delhi, aiming to connect the Middle East and South Asia and provide an alternative to China's Belt and Road initiative.
Saudi Arabia's membership in the G20 is a reflection of its growing importance in global energy exports, international trade, and financial resources, as well as its impact on the global economy and its commitment to stability and development.
The African Union's membership in the G20 will provide an opportunity for the continent to make a significant contribution to addressing global challenges, according to AU Commission head Moussa Faki Mahamat.
The G20 warns of significant headwinds and potential crises impacting the global economy, with concerns over tightening financial conditions, debt vulnerabilities, inflation, and geopolitical tensions.
The G20 in India will be remembered for its historic achievements, including bringing the African Union to the table and creating a global bio-fuel alliance, according to Union Minister Hardeep Singh Puri.
India's G20 presidency has been hailed as highly ambitious, achieving 112 outcomes and presidency documents and addressing key global issues such as sustainable development goals, climate action, and women-led development, while receiving exceptional support from developing nations and emerging markets.
US President Joe Biden stated that the G20 Summit demonstrated the ability to address urgent global issues, including the climate crisis and economic stability, through collaborative solutions.
The International Monetary Fund's deputy director, Gita Gopinath, congratulates Prime Minister Narendra Modi on successfully hosting the G20 Summit in India, with the leaders discussing various crucial developments and signing a Memorandum of Understanding for the India-Middle East-Europe Economic Corridor.
G20 leaders have committed to reforming the dysfunctional World Trade Organization's dispute settlement system by 2024, aiming to improve global trade and reduce protectionism.
The G20 summit in New Delhi concludes with Russia and the US praising a consensus declaration that avoids directly criticizing Russia for the war in Ukraine, but highlights the human suffering caused by the conflict and calls on all states not to use force to grab territory.
Indian Prime Minister Narendra Modi called for global reforms and urged world leaders at the G20 summit to make global structures, including the UN Security Council, reflective of current realities and emphasized the need for India's permanent membership at the UNSC.
The G20 summit in New Delhi showcased India's growing economic and geopolitical influence, but also highlighted concerns about the country's Hindu nationalist government and its approach to press freedom as journalists were largely restricted from covering the event.
Leaders of the G20 summit in India overcame divisions on the Ukraine war and admitted the African Union to the bloc, while also announcing plans for a transport corridor and incremental progress on climate change.
The G20 Summit hosted by India was regarded as a success for the Modi government, and US President Joe Biden emphasized the importance of human rights and the role of civil society and a free press in his discussions with Prime Minister Narendra Modi. Biden also expressed the desire for a stable relationship with China and praised Modi's leadership and hospitality.
The G20 leaders have made a commitment to accelerate reforms of multilateral development banks (MDBs) in order to address global challenges and maximize developmental impact, with a focus on the needs of low- and middle-income countries. India, as the outgoing G20 President, has emphasized the need for MDBs to be more sensitive to the changing developmental needs of the 21st century, particularly in relation to climate change. A panel of experts has been set up to craft these reforms, which include tripling sustainable lending levels by 2030 and creating new funding mechanisms. The G20 has also called for ambitious implementation of a roadmap on the capital adequacy framework of MDBs, which could unlock $200 billion worth of extra funding potential.
The World Bank is seeking funding from the private sector to expand its lending capacity and address global challenges such as pandemics, climate change, and food insecurity, according to its president Ajay Banga; U.S. President Joe Biden has called on G20 leaders to support the World Bank in order to increase its ability to assist low and middle-income countries.
The G20 summit in India is expected to deliver a group agreement on the need for stricter global regulation on crypto assets, but the underlying fractures and shifting allegiances may render the focus more noise than substance.
The G20 summit in New Delhi saw the admission of the African Union, the launch of the India-Middle East-Europe Economic Corridor, and an absence of Xi Jinping and Vladimir Putin, signaling shifts in the international order and a move towards more inclusive organizations; however, Pakistan must address its internal issues to participate in these global trade networks and have its voice heard on issues like Kashmir.
