As you all know India has the responsibility of G20 presidency till November 2023. In these two days, all of you gave a lot of suggestions and placed proposals. It is our duty that the suggestions we have received be reviewed once again so as to see how their progress can be sped up. I propose that at the end of November, we hold a virtual session of G 20. We can review the topics decided in this Summit, in that virtual session...I hope you all will connect in the virtual session...With this, I declare the conclusion of G 20 session.
US President Joe Biden along with India, Saudi Arabia, UAE, France, Germany, Italy and European Union, announced a landmark commitment to work together to develop a new India-Middle East-Europe economic corridor. This transformative partnership has the potential to unleash a new era of economic activities from Europe to Asia with a railway, linked with ports, connected to the Middle East. This will create a novel interconnected corridor to facilitate global trade, expand reliable access to electricity, facilitate clean energy distribution and strengthen telecommunication links.
Having a declaration is a success for PM Modi & the host of G 20...The most important outcome of this Summit is the inclusion of the African Union as a full member of the G 20. That is a big step forward in increasing the legitimacy of the club & creating meaningful links with the global south. India is well-positioned to act as a bridge between the global south & the other actors be it the West or the Gulf states, Middle East, China and Russia. India is well-positioned diplomatically, which certainly gives it an advantage in forging links with those not included in the group...