New Delhi: US President Joe Biden on Sunday stated that this yr’s G20 summit has proved that the group can nonetheless drive options to probably the most urgent problems with the local weather disaster, fragility, and battle. Taking to X, US President stated, “At a second when the worldwide financial system is affected by the overlapping shocks of the local weather disaster, fragility, and battle, this yr’s Summit proved that the G20 can nonetheless drive options to our most urgent points.”
At a second when the worldwide financial system is affected by the overlapping shocks of the local weather disaster, fragility, and battle, this yr’s Summit proved that the G20 can nonetheless drive options to our most urgent points. pic.twitter.com/R2jq0TdavR
— President Biden (@POTUS) September 10, 2023
India is internet hosting the G20 Summit this yr in New Delhi on September 9-10. On September 9, the Delhi Declaration was adopted. It referred to as on nations to uphold worldwide legislation, together with territorial integrity, worldwide humanitarian legislation and the multilateral system that safeguards peace and stability.
The declaration envisages a inexperienced growth pact for a sustainable future, it endorses excessive degree ideas on way of life for sustainable growth, voluntary ideas of hydrogen, the Chennai ideas for a sustainable resilient blue financial system and the Deccan ideas on meals safety and diet amongst others
The largest takeaway of the declaration was that each one 83 paras of the declaration have been handed unanimously with a 100 per cent consensus together with China and Russia in settlement. For the primary time, the declaration contained no footnote or Chair’s Abstract.
The G20 assembly on Saturday additionally noticed the African Union being inducted as the brand new everlasting member of G20 thereby providing growing nations a better say in international decision-making PM Narendra Modi on Saturday additionally launched the International Biofuels Alliance within the presence of US President Joe Biden, President of Brazil Luiz Inacio, President of Argentina, Alberto Fernández and Prime Minister of Italy Giorgia Meloni.
The International Biofuel Alliance is likely one of the priorities below India’s G20 Presidency. Brazil, India, and the US, as main biofuel producers and customers, will work collectively throughout the subsequent few months in the direction of the event of a International Biofuels Alliance together with different international locations.
One other main takeaway from Day 1 of the summit, was the announcement launch of a mega India-Center East-Europe transport and railway connectivity hall by India, the US, Saudi Arabia and the European Union.
