India

What are the deliverables that the slogan One earth-One family-One future likely to inspire at G-20 summit?

What to expect from the mega G20 summit to be held in the next two days in New Delhi? The focus will of course be on Global South, with India stating its intent on bridging the Global North-Global South divide. India is of the view that an inclusive post-Covid world order needs to be defined, premised on the slogan One Earth-One Family-One future.

This swim or sink together approach will positively guide deliberations that touch on a slew of topics that will impact on the health of the planet.

Consequently, decisions on sustainable debt management and setting up a debt relief structure that especially impacts the Global South, global food and energy security, climate financing, boosting digital public infrastructure by eliminating the north-south digital divide, regulation of cryptocurrencies are among the key issues which are expected to be discussed at length at the mega summit.

The two-day G20 summit begins in New Delhi tomorrow. More than 200 meetings have taken place in 56 cities in the last one year under India’s presidency. India has successfully managed to highlight issues concerning the Global South.

One of the key achievements for India would be the inclusion of the African Union in the G20 frame. While Chinese President Xi Jinping has decided to skip the mega event, many said that the move may not go down well for Beijing’s image.

Amid mounting pressure on India to outline the Russia-Ukraine war in the joint declaration, India has managed to keep the focus on economic issues.

“The core mandate of the G20 is to promote economic growth and development,” External Affairs Minister Subrahmanyam Jaishankar said in late August. “And that cannot advance if the crucial concerns of the Global South are not addressed.

India will pass on the baton to Brazil, which will be the chair for the next G20 deliberations.

The G20 – Group of 20– comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, and the United States along with the European Union. G20 members currently account for more than 80 per cent of world GDP, 75 per cent of global trade, and 60 per cent of the global population.

Besides these members, India has invited Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, Spain and the United Arab Emirates as special guests to participate in the G20 deliberations.

Also read: Global South in focus as world leaders from Argentina to Mauritius descend on New Delhi for G20 summit

IN Bureau

Recent Posts

VINBAX 2024: Vietnam-India bilateral army exercise concludes at Kaushalya Dam

The fifth edition of the historic Indo-Vietnam Joint Field Training Exercise, VINBAX-2024, successfully concluded its…

9 hours ago

India-Russia strengthen defence ties at 22nd Working Group meeting on military technical cooperation

The 22nd meeting of the India-Russia Working Group on Military technical cooperation and defence industry…

9 hours ago

“I want to have strong representation of India at World Nuclear Exhibition 2025”: Sylvie Bermann

Sylvie Bermann, President of the World Nuclear Exhibition expressed confidence in India's nuclear supply chain…

11 hours ago

PoJK: Joint Awami Action Committee protests against government following new ordinance, many injured

Joint Awami Action Committee core member Shaukat Nawaz Mir has condemned the attack of police…

11 hours ago

PM Modi meets 31 world leaders, heads of organisations during his 3-nation foreign visit

Prime Minister Narendra Modi participated in 31 Bilateral Meetings and informal interactions with global leaders…

13 hours ago

India- Australia conduct 11th Indian Air Force-Royal Australian Air Force Air Staff Talks

India and Australia conducted the 11th edition of the Indian Air Force and Royal Australian…

13 hours ago