Tue. Dec 6th, 2022

UNITED NATIONS: Before India takes over the G20 presidency, Foreign Minister S Jaishankar he has said that New Delhi will work with the other members of the influential group to tackle the serious problems of debt, food and energy security and the environment.
The G20 is an intergovernmental forum of the world’s major developed and developing economies. India will assume the presidency of the G20 for one year from December 1, 2022 to November 30, 2023.
Under his Presidency, India is expected to host more than 200 G20 meetings across the country, starting in December 2022. The G20 Leaders’ Summit at Heads of State/Government level is scheduled for 9 and September 10, 2023 in New Delhi.
“As we begin the G20 presidency this December, we are sensitive to the challenges facing developing countries,” jashankar he said in his speech to the high-level session of the UN General Assembly here on Saturday.
He told the 193-member UN General Assembly that India would work with other G20 members to tackle serious problems of debt, economic growth, food and energy security and, in particular, the environment.
“Governance reform of the multilateral financial institutions will remain one of our top priorities,” he said.
He also noted that the Indo-Pacific region is also witnessing new concerns about its stability and security. His comments came amid China’s aggressive actions in the strategically important region.
Noting that while world attention has focused on Ukraine, India has also had to deal with other challenges, especially in its own neighbourhood, in an apparent reference to the unresolved standoff with China in eastern Ladakh and strained relations with Pakistan .
“Some of them may be exacerbated by the Covid pandemic and ongoing conflicts, but they also speak to deeper malaise. The accumulation of debt in fragile economies is of particular concern,” he said.
He stated that India believes that in such times, the international community must go beyond narrow national agendas. India, for its part, is taking exceptional steps in exceptional times “As we fill the gap in humanitarian needs left unaddressed by political complexity.”
He noted that India had shipped 50,000 metric tons of wheat and various batches of medicines and vaccines to Afghanistan, extended credits of $3.8 billion to Sri Lanka for fuel, commodities and trade deals, provided 10,000 metric tons of food aid and vaccine shipments. to Burma.
“Whether in response to disasters or humanitarian assistance, India has stood strong, particularly contributing to those closest to her,” he said.
The G20 is made up of 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, USA). USA) and the European Union (EU).
Together, the G20 represents 85% of the world’s GDP, 75% of international trade and two-thirds of the world’s population, making it the main forum for international economic cooperation.
India is currently part of the G20 Troika (current, former and incoming G20 Presidencies) comprising Indonesia, Italy and India.
“During our presidency, India, Indonesia and Brazil would form the troika. This would be the first time that the troika would be made up of three developing countries and emerging economies, giving them a greater voice,” said the Ministry of Foreign Affairs he said in a press release earlier this month.

Read More: India to work with G20 members to address serious issues of debt, food and energy security: Jaishankar | India News