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G20 Summit 2023 Highlights: PM Modi announces connectivity deal with US, UAE, Saudi Arabia at G20 Summit

FP Staff September 9, 2023, 18:25:05 IST

G20 Summit 2023 Highlights: The corridor’s goal is to improve the movement of business, energy, and data. The initiative is envisioned as an alternative supply chain in a post-pandemic world order, and it is projected to help the region’s poor and middle-income countries

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G20 Summit 2023 Highlights: PM Modi announces connectivity deal with US, UAE, Saudi Arabia at G20 Summit
September 9, 2023, 17:59:10 (IST)

G20 Summit 2023 LIVE Updates

PM Modi announces connectivity deal with US, UAE, Saudi Arabia at G20 Summit

Prime Minister Narendra Modi has declared the establishment of a marine and rail transit corridor connecting the Middle East, South Asia, and Europe. The corridor’s goal is to improve the movement of business, energy, and data. The initiative is envisioned as an alternative supply chain in a post-pandemic world order, and it is projected to help the region’s poor and middle-income countries.

September 9, 2023, 17:56:55 (IST)

G20 Summit 2023 LIVE  Updates

One Earth, One Family, One Future that’s the focus of this G20 Summit, says PM Modi

September 9, 2023, 17:55:44 (IST)

G20 Summit 2023 LIVE  Updates

US President Biden addresses PGII and India-Middle East-Europe Economic Corridor programme 

September 9, 2023, 17:54:19 (IST)

G20 Summit 2023 LIVE  Updates

Will support policies that enable trade, investment to serve as engine of growth: G20 Declaration

On Saturday, the G20 member countries committed to embrace policies that would allow trade and investment to serve as engines of growth and prosperity for all.

A rules-based, non-discriminatory, fair, open, inclusive, equitable, sustainable, and transparent global trade system, with the WTO at its core, is essential, according to the G20 New Delhi Leaders’ Declaration.

“We will support policies that enable trade and investment to serve as an engine of growth and prosperity for all,” it said.

September 9, 2023, 17:52:17 (IST)

G20 Summit 2023 LIVE  Updates

PM Modi launches Biofuel Alliance with world leaders

Prime Minister Narendra Modi along with other world leaders launched the Biofuel Alliance at the G20 Summit in New Delhi.

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September 9, 2023, 17:49:25 (IST)

G20 Summit 2023 LIVE  Updates

India Middle East Europe connectivity corridor to be launched soon

The connectivity corridor between India, the Middle East, and Europe will be opened shortly. This will be a historic and first-of-its-kind project on connectivity and infrastructure collaboration including India, the UAE, Saudi Arabia, the EU, France, Italy, Germany, and the United States, say sources.

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September 9, 2023, 17:44:50 (IST)

G20 Summit 2023 LIVE Updates

Focus of G20 New Delhi Declaration

  • Growth that is strong, sustainable, balanced, and inclusive
  • Increasing the Rate of Progress on the Sustainable Development Goals (SDGS)
  • Pact for Green Development for a Sustainable Future
  • Multilateral Institutions for Technological Transformation in the Twenty-First Century and Digital Public Infrastructure
  • InternationalTaxation
  • Gender equality and women’s and girls’ empowerment
  • Issues in the financial industry
  • Terrorism and money laundering prevention
  • Making the world more inclusive
September 9, 2023, 17:38:57 (IST)

G20 Summit 2023 LIVE Updates

Launch of Global Biofuels Alliance

PM Narendra Modi launches the ‘Global Biofuels Alliance’ in the presence of US President Joe Biden, Brazilian President Luiz Inacio, Argentine President Alberto Fernández, and Italian Prime Minister Giorgia Meloni.

September 9, 2023, 17:26:42 (IST)

G20 Summit 2023 LIVE Updates

G20 Declaration focuses on promoting strong, sustainable, inclusive growth: Jaishankar

According to External Affairs Minister S Jaishankar, the G20 Leaders’ Summit Declaration, which was agreed on Saturday, focuses on achieving robust, sustainable, balanced, and inclusive growth.

In a joint news conference, Jaishankar stated that the Declaration aspires to accelerate progress on the Sustainable Development Goals and has developed an action plan in this regard.

He said the message of India’s presidency is ‘One Earth, One Family and we share One Future’ and the country has “consciously sought to make this G20 as inclusive and broad-based as possible”.

The minister said that the transformative and inclusive role of technology has been highlighted with a focus on digital public infrastructure.

September 9, 2023, 17:23:18 (IST)

G20 Summit 2023 LIVE Updates

India has harnessed the opportunity provided by the G 20 presidency, says Nirmala Sitharaman

September 9, 2023, 17:22:02 (IST)

G20 Summit 2023 LIVE Updates

On counter-terrorism, EAM Jaishankar referred to paragraph 74, 75 of the declaration

September 9, 2023, 17:13:25 (IST)

G20 Summit 2023 LIVE Updates

There are many discussions going on, says EAM on the Black Sea grain corridor

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September 9, 2023, 17:11:30 (IST)

G20 Summit 2023 LIVE Updates

Emerging markets played a key role, says G20 Sherpa

September 9, 2023, 17:06:06 (IST)

G20 Summit 2023 LIVE Updates

India ensured that concerns of the global south constitute the core agenda of G20 Summit says EAM

September 9, 2023, 17:02:57 (IST)

G20 Summit 2023 LIVE Updates

Outcomes focused on strengthening MDBs to address shared global challenges of the 21st century, says Finance Minister

September 9, 2023, 16:58:59 (IST)

G20 Summit 2023 LIVE Updates

New Delhi Summit has given clear directions for growth, development of global economy, says EAM Jaishankar

September 9, 2023, 16:56:41 (IST)

G20 Summit 2023 LIVE Updates

Leaders focused on Ukraine war, says EAM Jaishankar

September 9, 2023, 16:54:05 (IST)

G20 Summit 2023 LIVE Updates

New Delhi Leaders’ Declaration have 100% consensus across all countries, says G20 Sherpa Amitabh Kant

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September 9, 2023, 16:50:43 (IST)

G20 Summit 2023 LIVE Updates

India has received tremendous support from G20 members across the table, says Nirmala Sitharaman

September 9, 2023, 16:47:39 (IST)

G20 Summit 2023 LIVE Updates

FM Sitharaman highlights key developments at G20 Summit

Finance Minister Nirmala Sitharaman shared insights on the G20 Summit’s important achievements and talks.

She stressed that the Financial Stability Board (FSB) is actively working on developing a worldwide regulatory framework for cryptocurrencies.

Furthermore, significant progress has been achieved in developing a uniform framework for debt treatment, emphasising the need of resolving global debt concerns.

Sitharaman also emphasised India’s proactive approach to promoting the financial inclusion objective through digital public infrastructure, underscoring the country’s dedication to utilising technology for greater economic inclusion. In addition, significant progress has been made in designing a two-pillar system for international taxes.

September 9, 2023, 16:45:43 (IST)

G20 Summit 2023 LIVE Updates

DPI has also been integrated into the G20 Financial Inclusion Action Plan, says Finance Minister Sitharaman

September 9, 2023, 16:42:30 (IST)

G20 Summit 2023 LIVE Updates

Global consensus on crypto regulation emerging during India’s G20 Presidency, says FM Sitharaman

Finance Minister Nirmala Sitharaman has stated that a global consensus on cryptocurrency regulation is taking shape during India’s G20 leadership. She emphasised that the G20 agenda has been strengthened by a focus on increasing financial inclusion and increasing productivity through digital public infrastructure.

September 9, 2023, 16:40:54 (IST)

G20 Summit 2023 LIVE Updates

G20 recognises post-pandemic world order must be different, says Sitharaman 

September 9, 2023, 16:39:10 (IST)

G20 Summit 2023 LIVE Updates

Agreement at G20 for bigger, better, more effective multilateral development banks, says Sitharaman 

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September 9, 2023, 16:37:55 (IST)

G20 Summit 2023 LIVE Updates

India’s G20 presidency has walked the talk says Finance minister Sitharaman

September 9, 2023, 16:35:57 (IST)

G20 Summit 2023 LIVE Updates

G20 Declaration highlights transformation, inclusive role of technology, says EAM 

September 9, 2023, 16:34:06 (IST)

G20 Summit 2023 LIVE Updates

We have sought to make this G20 as inclusive, broad-based as possible, says EAM 

September 9, 2023, 16:32:53 (IST)

G20 Summit 2023 LIVE Updates

The declaration on focuses on inclusive growth, seeks to accelerate progress says EAM

September 9, 2023, 16:31:30 (IST)

G20 Summit 2023 LIVE Updates

Summit has adopted G20 New Delhi Leaders’ Declaration, says EAM Jaishankar

According to EAM Dr S Jaishankar, the Summit adopted the G 20 New Delhi Leaders’ Declaration at the outset of the second session.

September 9, 2023, 16:29:55 (IST)

G20 Summit 2023 LIVE Updates

Message of G20 is that we are one earth, one family, says EAM Jaishankar

Message of our G20 presidency is we are one earth, one family, we share one future: External Affairs Minister S Jaishankar

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September 9, 2023, 16:23:59 (IST)

G20 Summit 2023 LIVE Updates

EAM Jaishankar, Finance Minister Sitharaman, G20 Sherpa Amitabh Kant arrive at Bharat Mandapam’s International Media Centre

September 9, 2023, 16:13:05 (IST)

G20 Summit 2023 LIVE Updates

Since India has got the presidency, every State has done a lot of hard work, says Tripura CM Manik Saha

September 9, 2023, 16:10:51 (IST)

G20 Summit 2023 LIVE Updates

PM Modi, UK PM explored opportunities to strengthen trade ties and enhance investment between the two nations

During the G20 Summit, Prime Minister Narendra Modi met with British Prime Minister Rishi Sunak to discuss ways to expand commercial ties and increase investment between the two countries.

Sunak, who had arrived in India the day before, met with Modi after the first session of the G20 Summit. Sunak welcomed Modi with a customary namaste upon their encounter.

In a post on X, Modi said, “Great to have met PM @RishiSunak on the sidelines of the G20 Summit in Delhi. We discussed ways to deepen trade linkages and boost investment.”

September 9, 2023, 16:06:25 (IST)

G20 Summit 2023 LIVE Updates

G20 Sherpa Amitabh Kant lists key takeaways from declaration

September 9, 2023, 15:59:00 (IST)

G20 Summit 2023 LIVE Updates

Founding partners of BRICS made a good decision, says President of Argentina, Alberto Fernández

September 9, 2023, 15:53:28 (IST)

G20 Summit 2023 LIVE Updates

Nirmala Sitharaman hails adoption of “Delhi Declaration” at G20

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September 9, 2023, 15:37:44 (IST)

G20 Summit 2023 LIVE Updates

New Delhi G20 Leaders’ Summit Declaration adopted during G20 Summit

September 9, 2023, 15:35:50 (IST)

G20 Summit 2023 LIVE Updates

PM Modi speaks at the Session-2 on ‘One Family’ during G20 Summit 

September 9, 2023, 15:25:44 (IST)

G20 Summit 2023 LIVE Updates

PM Modi proposes launch of several initiatives during G20 Summit

Prime Minister Modi presented numerous important ideas during the G20 Summit targeted at tackling global environmental and climatic concerns.

He proposed a ‘G20 Satellite Mission for Environment and Climate Observation,’ underlining the necessity of employing satellite technology to monitor and mitigate climate-related challenges.

In addition, India plans to form the ‘Global Biofuel Alliance,’ inviting other nations to join this project that emphasises sustainable and eco-friendly energy sources.

PM Modi also proposed a ‘Green Credit Initiative’ among G20 countries, emphasising the need of financing green initiatives and supporting sustainability.

Furthermore, he emphasised the importance of billions of dollars in order to support an inclusive energy transition, emphasising the critical role of industrialised nations in this endeavour.

September 9, 2023, 15:23:55 (IST)

G20 Summit 2023 LIVE Updates

Erdogan urges G-20 to meet Russian demands on grain deal

According to Bloomberg, Turkish President Recep Tayyip Erdogan is pressing various Group of 20 leaders to consider meeting some Russian requirements in an effort to revive an accord that allowed Ukrainian grain shipments and helped to global food price stabilisation.

As the national capital prepares to host the 18th G20 Summit today, with world leaders in attendance, it is critical to consider what is on the agenda. More than 30 heads of state and top officials from the European Union and invited guest nations, as well as 14 leaders of international organisations, are attending the summit. On September 9-10, India will host the G20 Leaders Summit at the recently inaugurated Bharat Mandapam in the national capital. The Summit will begin at 9.30 a.m. when world leaders arrive at the location (Bharat Mandapam). At around 10.30 the first session of the G20 Summit: ‘One Earth’ will take place. One Earth will be one of the main topics of discussion during the session at the G20 leaders’ summit. This session will focus on accelerating climate action through increased mitigation and strengthening the agenda of global net zero emission as soon as possible. Notably, the theme of this year’s G20 Summit, which is taking place under India’s presidency is “Vasudhaiva Kutumbakam” or “One Earth, One Family, One Future” - is drawn from the ancient Sanskrit text of the Maha Upanishad. Essentially, the theme affirms the value of all life, human, animal, plant, and microorganisms, and their interconnectedness on the planet Earth and in the wider universe.

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