Saturday March 23, 2019
Home Uncategorized India will ta...

India will take up issues of Climate change, terrorism in G-20 summit: Modi


New Delhi: India will take up the issues of climate change and terrorism among others in the G-20 summit to be held in Antalya in Turkey on November 15-16, Prime Minister Narendra Modi said on Tuesday.

In a series of Facebook posts, Modi, who will leave for Turkey on November 14 after the completion of his bilateral visit to Britain, wrote that the summit was being held “at a critical juncture, just after the adoption of Sustainable Development Goals agenda at the United Nations, and just before discussions on climate change” at the Conference of Parties (COP) – 21 climate summit in Paris on November 30-December 1.

“During the Summit, we will review the progress on decisions taken at the (2014) Brisbane Summit and take up issues of climate change, terrorism, refugees, weak growth in the global economy, strategies for growth and employment, investment strategies, trade, energy, and financial sector resilience,” Modi said.

As in 2014, India would focus on mitigating the menace of black money, tax erosion, and bringing greater transparency, he said.

“There will be several bilateral meetings too with world leaders on the sidelines of the Summit, which will help deepen our bilateral ties,” the prime minister said.

Addressing the media here on Friday, Arvind Panagariya, vice chairman of the NITI Aayog and India’s Sherpa at the G-20 summit, said that Turkey, after assuming the G-20 presidency from Australia in December 2014, had taken growth as a main theme during its tenure.

He said that the G-20 countries had agreed at the very beginning of the Turkish presidency that the leaders’ communique to be submitted after the Antalya summit would be “short and focused”.

During Turkey’s presidency, meetings of the energy and agriculture ministers of the G-20 countries were held.

“The energy and agriculture ministers have never met before. This was the first time,” Panagariya said.

Another commendable initiative under the Turkish presidency was the addition of the Women-20 (W-20), he said.

“There has been the B-20 (Business-20), C-20 (Civil Society-20), L-20 (Labour-20), T-20 (Thinktanks-20),” he said.

According to Panagariya, since India was the largest recipient of remittances, the Prime Minister would seek cutting of transaction cost for money transfer from foreign countries. India received $70 billion in remittances in 2013.

He said that transaction cost, which was around 10 percent, has come down to 7.5 percent due to sustained efforts by India. The target is to get to 3 percent by 2030.

He also said climate change would be part of the final communique that will be issued at the end of the summit.

On IMF quota reforms, he said India could make a strong pitch.

Though growth has been usually the main focus of G-20 summits, the issue of fighting terrorism will also be a part of the discussions.

According to Panagariya, a task force on black money and financial terrorism has prepared a report, the recommendations of which will be submitted at the G-20 summit.

On the sidelines of the summit, the BRICS nations — Brazil, Russia, India, China, South Africa — would discuss the progress of the BRICS bank, he said.


Next Story

Donald Trump, Angela Merkel Discuss Trade And Security Issues at G-20 Summit

For her part, Merkel said the two countries should address issues related to fair trade, multilateral issues, the World Trade Organization, the INF Treaty and regional issues concerning Syria and Ukraine

jamal Khashoggi, election
Trump, Merkel discuss trade, security issues at G-20 Summit. VOA

US President Donald Trump and German Chancellor Angela Merkel on Saturday exchanged views on trade and security on the sidelines of G-20 Summit in Buenos Aires, according to a statement released by the White House.

The two leaders exchanged thoughts on Russia’s violation of the Intermediate-Range Nuclear Forces (INF) Treaty and explored how to strengthen the NATO alliance further as well as how to improve European energy security, the statement said.

They also discussed the ongoing situation of confrontation between Russia and Ukraine, according to the statement, Xinhua news agency reported.

“We have a great relationship and a great working relationship, I think very important,” said Donald Trump before the meeting, according to the statement.

Donald Trump, U.S.
Donald Trump. VOA

Trump also expressed his praise of Merkel, who “was highly respected by everybody, including me.”

Meanwhile, Donald Trump reaffirmed his stance on trade between the US and Germany, saying that “we have a tremendous trade imbalance, but we’re going to get that straightened out.”

Also Read- Lenovo Leading India’s Tablet Market

For her part, Merkel said the two countries should address issues related to fair trade, multilateral issues, the World Trade Organization, the INF Treaty and regional issues concerning Syria and Ukraine.

Despite the long-term alliance between Washington and Berlin, the bilateral ties recently have been overshadowed by their differences on bilateral trade, the Iran nuclear deal, climate change, the defense spending of NATO members and the NORD-Stream 2 gas pipeline project, among other issues. (IANS)