HomeG20 Summit Indonesia 2022Indonesia hands over G20 presidency to India as Bali Summit ends

Indonesia hands over G20 presidency to India as Bali Summit ends

Source : Press Trust of India (PTI)

Indonesia hands over G20 presidency to India as Bali Summit ends
Prime Minister Narendra Modi and Indonesia’s President Joko Widodo hold hands during the handover ceremony at the G20 Leaders’ Summit (Photo Credit: WILLY KURNIAWAN/Reuters)


Bali: Indonesia on Wednesday handed over the G20 presidency to India for the coming year at the Bali summit here with Prime Minister Narendra Modi terming it a matter of pride for every Indian citizen.

At a brief ceremony, Indonesian President Joko Widodo handed over the G20 presidency to Prime Minister Modi at the conclusion of the two-day G20 Summit here.

“Together with every countries’ efforts, we can make the G20 summit a catalyst for global welfare,” Modi said.

The G20 or Group of 20 is an intergovernmental forum of the world’s major developed and developing economies.

The handing over ceremony came as the member states issued a joint declaration.

Earlier, Foreign Secretary Vinay Kwatra said that India has contributed ‘constructively’ to drafting of G20 ‘outcome document’.

Delegations from the member states had differences on how to characterise the Russia-Ukraine war, with Ukraine’s western allies said to be seeking outright condemnation of Moscow.

There were fears earlier that the member states may not agree to a final document. G20 declarations require consensus of all members.

Though the main business of the Summit ended in the afternoon, heads from some countries – including India – had scheduled bilateral talks on its sidelines for later in the day.

“We look forward to meeting again in India in 2023, in Brazil in 2024 and in South Africa in 2025,” the G20 Bali Leaders’ Declaration said.

The G20 comprises 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and the European Union.

Prime Minister Modi has promised a presidency that will be “inclusive” and a voice of the developing countries.

The next summit will be held in New Delhi on September 9-10.

Under its Presidency, India is expected to host over 200 G20 meetings across the country, beginning December 2022, the Ministry of External Affairs (MEA) said in September.

Collectively, the G20 accounts for 85 per cent of the global GDP, 75 per cent of international trade, and two-thirds of the world population, making it the premier forum for international economic cooperation.

Earlier, Foreign Secretary Vinay Kwatra said the Indian delegation guided by the prime minister played a “key role” in the successful resolution of differences over the “outcome document.” He said the “particular global context” was reflected in the consensus documents.

He said Modi’s observation that this is not an era of war and his advocacy of diplomacy and dialogue helped in reaching a “successful” outcome.

His message helped in consensus building, Kwatra said.

Modi met French President Macron Emmanuel in the morning. After the closing ceremony he was scheduled to have bilateral meetings with leaders from Indonesia, the UK, Australia, Germany and Singapore before leaving for Delhi.

On Tuesday, he had brief formal meetings with US President Joe Biden and Indonesian President Widodo.

The foreign secretary characterised the handshake between Modi and Chinese President Xi Jinping at a dinner on Tuesday evening as an exchange of pleasantries.

The two leaders had talked briefly and shaken hands, sparking interest as they have not held a bilateral meeting after a border clash in 2019.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Aatmanirbhar Bharat

All

Defence Ministry Signs Deal With Indian Firm To Upgrade Sukhoi Su-30 MKI Fighter Aircraft Simulator

Source : Asian News International (ANI) New Delhi: The Ministry of Defence has signed a contract with an Indian firm to upgrade the simulators of the...

Indian Army issues tender to procure 4×4 light vehicles

Source : Janes The Indian Army has issued a tender to procure 4×4 ‘light vehicles' to perform general service (GS) roles. According to a request for...

AMCA 5th Generation Stealth Fighter Updates

Most Popular

Recent Comments

Archive Months

Miscellanous

“Regardless Of Country, We Will…”: Biden’s Adviser On India-Canada Row

SOURCE: REUTERSThe US is in touch with Indians at high levels after Ottawa said Indian government agents had links to the murder of a...

Defence ministry, Hindustan Shipyard Ltd ink Rs 19,000 crore deal for 5 fleet support ships

New Delhi: In a boost to Indian Navy’s operational plans, the Defence Ministry Friday inked a Rs 19,000 crore contract with the state-run Hindustan...

Astra Missile: Union Minister Ajay Bhatt flags off Astra Missile for supply to IAF

Minister of State for Defence Ajay Bhatt on Sunday flagged off the indigenously developed and manufactured Astra Missiles for supply to the Indian Air...

Hypersonic Defense !! Germany and Spain begins work on ‘HYDEF’ Interceptor Program amid Russia firing its Kinzhal Missile

Source : The EurAsian TimesAn artist rendering of the Timely Warning and Interception with Space-based TheatER surveillance project. (Image: MBDA)The Russian Defense Ministry announced...
Visits
error: Content is protected !!