Guwahati: Prime Minister Narendra Modi is scheduled to fly to Bali for the G20 Summit in Indonesia on Monday. The summit’s theme, “Recover Together, Recover Stronger,” will bring together the heads of state and government of 20 nations, accounting for about two-thirds of the world’s population and representing about 85% of the global GDP.
The prime minister will meet individually with world leaders and brief them on India’s shifting G20 priorities at the G20 meeting in Indonesia. This G20 Summit is noteworthy because India will preside over the summit beginning on December 1, 2022, for a year. The transition of the presidency will occur at the Bali summit.
“The G20 presidency of India comes at a time when the world is in turmoil and catastrophe. A disruptive once-in-a-century epidemic, conflicts, and significant economic uncertainty are still being felt around the world. In these trying times, hope is symbolised by the lotus in the G20 design “PM Modi stated last week at the unveiling of India’s G20 emblem.
The G20 is the foremost forum for international economic cooperation, and it is crucial in establishing and enhancing global governance and the architecture of the world economy.
Prime Minister Modi and other G20 leaders will spend much of the summit deliberating on important contemporary topics, such as the state of the world economy, energy, environment, agriculture, health, and digital transformation, among others.
PM Modi will take part in three working sessions for leaders at the Bali Summit, which is scheduled for November 15–16. These include talks on the security of food and energy, as well as workshops on digital transformation and health.
Foreign Secretary Vinay Kwatra said G20 discussions have become more important in the current global economic and political backdrop during a special news briefing on Sunday.
The lack of advancement in the Sustainable Development Goals (SDGs), the pandemic, and other significant problems, he claimed, are adding to the world’s current struggles.
These include an unequal post-pandemic economic recovery, debt vulnerabilities, particularly in developing nations, continued conflict in Europe, and its spillover effects, such as problems with food security, an energy crisis, and inflation in all nations, according to Kwatra.
The G20 leaders will talk about these issues and stress how crucial closer multilateral collaboration is to resolving them. India, the upcoming presidency, has always actively interacted with all the G20 nations and participants throughout this year, both in the past and during this administration of Indonesia as well.
“Our stance has been one of unwavering and persistent support for Indonesia, which has demonstrated tremendous leadership in ensuring that the G20 platform covers matters of real importance to the global community while holding the Presidency.
On November 16, leaders from the G20 Summit will visit Bali’s Taman Hutan Raya, better known as Bahasa Indonesia, a mangrove forest.
“As you are aware, mangroves serve as a crucial sanctuary for coastal wildlife, operate as natural barriers against harsh weather, and serve as significant carbon sinks. With one of the greatest biodiversity levels in the world, India’s own mangrove cover is noteworthy. Additionally, we have decided to join the Global Mangrove Alliance, which was established by Indonesia and the UAE, according to Kwatra.
During his visit to Bali, PM Modi will also address and interact with the Indian community and friends of India and Bali, at the Indian community reception on November 15.
The Prime Minister will depart Bali on November 16 at the conclusion of the Bali summit for India.