Addition of African Union in G20
The African Union has been admitted as the G20's new permanent member, ushering in a new world order and giving emerging countries a greater influence in global decision-making.
Delhi declaration was Adopted
The Delhi Declaration was adopted, with China and Russia on board. It urged nations to maintain international law, particularly territorial integrity and sovereignty, international humanitarian law, and the multilateral framework that ensures peace and stability. It is presented as an alternative to China's Belt and Road Initiative, which has left a slew of developing countries in debt, including Pakistan, Kenya, Zambia, Laos, and Mongolia.
The India – Middle East – Europe Economic Corridor (IMEC)
A comprehensive rail and shipping connectivity network connecting the United States, India, Saudi Arabia, Gulf and Arab states, and the European Union has been announced and should be named as "The India – Middle East – Europe Economic Corridor (IMEC)"
Global Biofuel Alliance
Prime Minister Modi announced the formation of the Global Biofuel Alliance to promote the use of cleaner fuels. This agreement was confirmed to expedite worldwide efforts to fulfill net zero emission targets by allowing trade in biofuels sourced from a variety of sources, including plant and animal waste.
Sidelines of the Bilateral Meetings
The trust deficit that has emerged in recent years must be addressed by increased cooperation among G20 member countries.
Also read: Chandrayaan-3 Soft Landing
The ideals of Mahatma Gandhi reverberate globally. pic.twitter.com/J4Ko3IXpe4
— Narendra Modi (@narendramodi) September 10, 2023
Theme
The G-20 summit will be presided over by India in 2023, and the presidency’s theme of “Vasudhaiva Kutumbakam” — “One Earth, One Family, One Future” — has been retained. The Maha Upanishad, a well-known old Sanskrit scripture, served as the inspiration for the G20 Summit’s 2023 theme. Hence, “Earth is family.” This subject essentially highlights the importance of all life forms, including humans, animals, plants, and microorganisms, as well as how intertwined they are with one another and with the rest of the universe.
The G20 summit, one of the most powerful economic organizations in the world, will be held in India. Due to the participation of more than 40 nations and heads of state, this conference will be watched closely by everyone in the world. There are now just a few days till the G20 Summit meeting. The final stage of planning for the two-day G20 Summit Meetings 2023, which will take place in New Delhi, the capital of India, on 9th to 10th September.
Adding momentum to India-Saudi Arabia ties… pic.twitter.com/qqBrkCIGqs
— Narendra Modi (@narendramodi) September 11, 2023
2 Comments
[…] Also read: Big Takeaways from G20 Summit 2023 […]
[…] Also read: Big Takeaways from G20 Summit 2023 […]