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India to give voice to other developing countries during G20 Presidency: PM Modi

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Prime Minister Narendra Modi reiterated on Tuesday that during India’s G20 presidency, New Delhi will give voice to other developing countries. Prime Minister Modi affirmed that India would give voice to other developing countries during his presidency and highlighted the role of the G-20 in helping vulnerable countries; supporting inclusive development, strengthening economic security and global supply chains; developing improved and innovative financing models for multilateral financial institutions; provide solutions to challenges such as climate change, pandemics, economic fragility, poverty reduction and the achievement of the SDGs; and mobilizing public and private finance to fill the infrastructure gap, read the Ministry of External Affairs press release.

Prime Minister Modi met with US President Joe Biden and Indonesian President Joko Widodo on the sidelines of the G-20 summit in Bali and affirmed that the G-20 is the premier forum for international economic cooperation, and stressed the importance for the G-20 to continue to demonstrate its ability to unite the major economies, to meet global challenges. “The G-20 is working together to restore sustainable and inclusive growth in our economies and beyond, tackle the ongoing climate, energy and food crises, strengthen the global health architecture and promote technological transformation,” the G-20 said. communicated.

Prime Minister Modi thanked President Widodo and President Biden for their commitment to supporting the work of the G-20 under the Indian Presidency. India will assume the presidency of the G20 for one year from December 1, 2022 to November 30, 2023.

Meanwhile, Prime Minister Modi reviewed the continued deepening of the strategic partnership between India and the United States, including cooperation in up-and-coming sectors such as critical and emerging technologies, IT technology, artificial intelligence, etc. during his meeting with Biden. They expressed their satisfaction with the close cooperation between India and the United States in new groupings such as Quad, I2U2, etc., the statement added.

The two leaders discussed topical global and regional developments. Prime Minister Modi thanked President Biden for his constant support in strengthening the India-US partnership. He said he believed the two countries would continue to maintain close coordination during India’s G-20 chairmanship.

President Biden met today with Prime Minister Modi of India and President Widodo of Indonesia on the sidelines of the G20 Leaders’ Summit in Bali to reaffirm their shared commitment to the G20 as the premier forum for economic cooperation. international, reads Biden’s reading. President Biden commended President Widodo for Indonesia’s leadership in galvanizing countries around the world to launch the Financial Intermediary Fund (FIF) for Pandemic PPR hosted by the World Bank (Fund against the pandemic) to address gaps in pandemic prevention, preparedness and response.

During the meeting, President Biden said the United States will continue to support the global leadership of the G20 to develop improved and innovative financing models for multilateral financial institutions to provide solutions to challenges such as climate change, pandemics, economic fragility, poverty reduction and achievement of the SDGs, and to support inclusive development, strengthen economic security and global supply chains. Prime Minister Modi also addressed and interacted with over 800 members of the Indian Diaspora and Friends of India in Bali, Indonesia. The vibrant and diverse crowd had gathered from all over Indonesia.

During his address, the Prime Minister highlighted the close cultural and civilizational ties between India and Indonesia. He referred to the centuries-old tradition of “Bali Jatra” to underline the enduring cultural and commercial link between the two countries. He also highlighted the commonalities between India and Indonesia in various sectors, the press release from the Prime Minister’s Office added. He appreciated the members of the community for raising India’s stature and prestige abroad through their hard work and devotion to their adopted homeland. He also spoke about the positive trajectory of the India-Indonesia relationship and the crucial role played by members of the Indian community in strengthening it.

Prime Minister Modi highlighted India’s growth story, achievements and the tremendous progress India has made in various fields such as digital technology, finance, health, telecommunications and space, read the PMO press release. He also mentioned that India’s roadmap for development includes the political and economic aspirations of the world and the vision of a self-reliant India embodies the spirit of global good.

Meanwhile, the Prime Minister invited community members and friends of India to attend the upcoming Pravasi Bharatiya Divas Convention to be held in Indore, Madhya Pradesh from 8th to 10th January 2023 and Stag Festival. flywheel to be held in Gujarat later. (ANI)

(This story has not been edited by the Devdiscourse team and is auto-generated from a syndicated feed.)

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