International Desk: Indian Prime Minister Narendra Modi announced the end of the 18th G20 summit. He handed over the next presidency of the alliance established under the slogan One World, One Family to the Latin American country of Brazil. Brazil received the official presidency of the G20 alliance. Narendra Modi handed over the baton of the presidency to the country’s President Luiz Inacio Lula da Silva on Sunday (September 10).
He will lead the emerging economies for the next year. He also praised India’s leadership. Brazil’s official term will start on December 1. The 19th Conference of the Alliance will be held in Rio de Janeiro. In his closing speech, Narendra Modi said, ‘Yesterday, we had extensive discussions in the One World, One Family session. I am pleased that today the G20 has become a platform for optimistic efforts on One World, One Family, One Future. Lula da Silva congratulated Modi and listed social inclusion, the fight against hunger, energy transition, and sustainable development as G20 priorities.
He said new developing countries are needed as permanent and non-permanent members of the UN Security Council to regain political power. We want greater representation for developing countries in the World Bank and the IMF. A major part of the summit was the ‘global trust deficit’, the launch of the Global Biofuel Alliance, and calls for new connectivity networks between the US, India, Saudi Arabia, and the Gulf states. G20 members unanimously adopted the Delhi Declaration, which called on countries to uphold territorial integrity and international humanitarian law to preserve peace and stability.
“We call on all states to uphold the principles of international law, including territorial integrity and sovereignty, international humanitarian law, and the multilateral system that safeguards peace and stability,” the declaration said. China and Russia, whose heads of state skipped the summit, also agreed with the Delhi Declaration. But while the declaration called on all states not to seize territory by force, it did not condemn Russia over the war in Ukraine. The Ministry of Foreign Affairs of Ukraine said that the G20 collective declaration has nothing to be proud of. They had a better understanding of the situation in Ukraine.
The bloc also said it would work toward a goal of tripling global renewable energy capacity by 2030 and accelerate efforts to reduce coal power in line with national circumstances, but did not commit to phasing out the use of all polluting fossil fuels, including oil and gas. 85 percent of the world’s GDP comes from G20 countries. Besides, 80 percent of emissions come from these countries. They said they would keep the 2009 pledge made in Pittsburgh to eliminate and rationalize fossil fuel subsidies.
The African Union was included as a new permanent member of the G20 at this conference. Ahead of Sunday’s session, delegates paid their respects at Rajghat, Mahatma Gandhi’s memorial in Delhi.
