https://sputniknews.in/20230906/g-20-expectations--reality-4068656.html
G-20: Expectations & Reality
G-20: Expectations & Reality
Sputnik India
India will host the 18th G20 Heads of State and Government Summit on September 9th &10th 2023, at New Delhi's prestigious Pragati Maidan. What are the goals and expectations?
2023-09-06T14:40+0530
2023-09-06T14:40+0530
2023-09-06T14:40+0530
g-20 summit in new delhi
global south
narendra modi
joe biden
emmanuel macron
delhi
the united nations (un)
european union (eu)
russia
india
https://cdn1.img.sputniknews.in/img/07e7/09/06/4067927_0:0:3072:1728_1920x0_80_0_0_3e24983915997337168a0d66f8eb1699.jpg
Hopes are indeed high: after all Indian Prime Minister Narendra Modi has dedicated this entire year of G-20 meetings to Vasudhaiva Kutumbakam “The world is one Family”. This is a very ancient Hindu concept that is universal in its outlook, as its words indicate – “Let us unite all, let us forget our differences let us rise beyond nationalities and religions, to an harmonious, inclusive humanity ”… India has thus been hosting since 12 months, about 260 working group meetings, on subjects as diverse as climate change, finance, tourism, this in more than 60 Indian cities, from Srinagar, Kashmir, to Pondicherry, all the way down South.People might ask: "who are the G20 and what do they actually do”? Well, what is known as the Group of G20, founded in 1999, after a series of international financial crisis, is an exclusive forum for international economic cooperation. It was originally composed of industrialized countries, such as the US, UK, France Canada, China, Japan Germany, Italy, etc, having the largest economies (the European Union accounts for one country), and included emerging economies such as Brazil, India, Indonesia, Turkey, Saudi Arabia etc. All these nations which account for 2/3rd of the world population and generate 80% of Gross World Product (GWP), are meant to play a leading role in shaping and strengthening global governance on all major international economic issues.Goals of the 18th G20 MeetWhat are the goals of the G2O hosted by India? Previously, the Big 20 had high ambitions, thanks to a generous $ 10 trillion rescue package to fight economic and health crises around the word – and it was indeed used extensively during the COVID-19 pandemic. The richest nations also have a Debt Service Suspension Initiative (DSSI) that was spent to help some 50 developing countries, which had debt burdens they could not honour anymore. Among other tasks, it also concentrated on increasing women's strength in the labor market, through its International Labor Organization, which is conducting an ongoing study on Women at work in G20 Countries.Of course, the G20’s focus under India’s leadership will remain economic: prior to the actual heads of state conclave on 9th & 10th September, Prime Minister Modi notably addressed on February 2023 an online reunion of G20 Finance Ministers and Central Bank Governors to assess the present situation. The G20 leaders of this 2023 conclave will therefore concentrate on several financial topics, which include Boosting Employment, not only in industrial nations, which have a varying degree of unemployment (7,2% in France, which is quite high), but also in developing countries. It will address too: Inclusive, Equitable and Sustainable Growth, high words, which are not always reflected in reality; and finally, look into how to finance & manage climate mapping, as well as global food security,a nd green hydrogen, which are summed up in the acronym LiFE (Lifestyle for Environment)…Western Invitees May Proceed With Pressure on India Over UkrianeUnfortunately, hiccups and disharmonies have arisen over the preceding months to the summit. The VVIP Culture Survives in IndiaA word here about the VVIP restrictions in Delhi, much before the G20 actually kicks in. Many have objected to Delhi being completely shut down for many days: 200 domestic flights will be either diverted or cancelled, all of Delhi's government and private offices, educational institutions, banks, and commercial establishments are closed for three days. Shops and retailers have asked what will the spouses accompanying the leaders do and what souvenirs and handicrafts they will be able to take back with them! Traffic will be greatly disturbed in many areas, in fact Delhiites have been asked to stay home. Prime Minister Modi did apologize in advance for the inconvenience when he returned from the BRICS summit, but observers have pointed out thatEven in high security places like Washington or Paris, inhabitants are never put to so much inconvenience because of security and that care is taken to avoid flights and traffic disturbances.In conclusion, results will be token and end of meeting statements bland, not giving much, if at all, there is sufficient agreements to come with a joint statement, the West is most likely push for a mention of the conflict in Ukraine, China will surely object to some of the points and India may have a tough time bringing out a consensus document.Nevertheless, one could praise Narendra Modi for putting India on the world map, thanks to his many initiatives and embracing Indian’s ancient wisdom to achieve world unity, in spite of strife and disagreements. Vasudhaiva Kutumbakam to all !
https://sputniknews.in/20230904/more-g-20-nations-decline-to-endorse-western-narrative-on-ukraine-conflict-report-4032496.html
global south
delhi
russia
india
ukraine
new delhi
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2023
News
en_IN
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
g 20, g-20, g 20 sumit, g20, g20 sumit, g-20 sumit india, g-20 sumit new delhi, 2023 g20 summit, 2023 g20 new delhi summit, 2023 g-20 summit in new delhi, g20 summit 2023, g20 summit 2023 news, who will host g20 summit in 2023, g20 summit 2023 start date, g20 summit 2023 date, g20 summit 2023 theme, what is g20 summit 2023, g20 countries, g20 ukraine, g20 zelenskyy, g20 global south agenda, india g20 presidency, inclusive g20, african union in g20, multipolar world, global south agenda, depoliticizing g20, ukraine conflict g20, ukraine war g20, fertilizer supplies, global supply chains disruption, global food security,
g 20, g-20, g 20 sumit, g20, g20 sumit, g-20 sumit india, g-20 sumit new delhi, 2023 g20 summit, 2023 g20 new delhi summit, 2023 g-20 summit in new delhi, g20 summit 2023, g20 summit 2023 news, who will host g20 summit in 2023, g20 summit 2023 start date, g20 summit 2023 date, g20 summit 2023 theme, what is g20 summit 2023, g20 countries, g20 ukraine, g20 zelenskyy, g20 global south agenda, india g20 presidency, inclusive g20, african union in g20, multipolar world, global south agenda, depoliticizing g20, ukraine conflict g20, ukraine war g20, fertilizer supplies, global supply chains disruption, global food security,
G-20: Expectations & Reality
India will host the 18th G20 Heads of State and Government Summit on September 9th &10th 2023, at New Delhi's prestigious Pragati Maidan. What are the goals and expectations?
Hopes are indeed high: after all Indian Prime Minister Narendra Modi has dedicated this entire year of G-20 meetings to Vasudhaiva Kutumbakam “The world is one Family”.
This is a very ancient Hindu concept that is universal in its outlook, as its words indicate – “Let us unite all, let us forget our differences let us rise beyond nationalities and religions, to an harmonious, inclusive humanity ”… India has thus been hosting since 12 months, about 260 working group meetings, on subjects as diverse as climate change, finance, tourism, this in more than 60 Indian cities, from Srinagar, Kashmir, to Pondicherry, all the way down South.
People might ask: "who are the G20 and what do they actually do”?
Well, what is known as the Group of G20, founded in 1999, after a series of international financial crisis, is an exclusive forum for international economic cooperation. It was originally composed of industrialized countries, such as the US, UK, France Canada, China, Japan Germany, Italy, etc, having the largest economies (the European Union accounts for one country), and included emerging economies such as Brazil, India, Indonesia, Turkey, Saudi Arabia etc. All these nations which account for
2/3rd of the world population and generate 80% of Gross World Product (GWP), are meant to play a leading role in shaping and strengthening global governance on all major international economic issues.
But in practice, the G20 started to include non-economic topics, such as climate change and this year, under the pressure of the United States, as well as the EU, it is expected to look into more international support to Ukraine in its conflict with Russia. India has been holding after Indonesia, the Presidency of the G20 from 1 December 2022 to 30 November 2023. Brazil will be the next country to host it, followed by South Africa.
Goals of the 18th G20 Meet
What are the goals of the G2O hosted by India? Previously, the Big 20 had high ambitions, thanks to a generous $ 10 trillion rescue package to fight economic and health crises around the word – and it was indeed used extensively during the COVID-19 pandemic.
The richest nations also have a Debt Service Suspension Initiative (DSSI) that was spent to help some 50 developing countries, which had debt burdens they could not honour anymore. Among other tasks, it also concentrated on increasing women's strength in the labor market, through its International Labor Organization, which is conducting an ongoing study on Women at work in G20 Countries.
Of course, the G20’s focus under India’s leadership will remain economic: prior to the actual heads of state conclave on 9th & 10th September, Prime Minister Modi notably addressed on February 2023 an online reunion of G20 Finance Ministers and Central Bank Governors to assess the present situation. The G20 leaders of this 2023 conclave will therefore concentrate on several financial topics, which include Boosting Employment, not only in industrial nations, which have a varying degree of unemployment (7,2% in France, which is quite high), but also in developing countries. It will address too: Inclusive, Equitable and Sustainable Growth, high words, which are not always reflected in reality; and finally, look into how to finance & manage climate mapping, as well as global food security,a nd green hydrogen, which are summed up in the acronym LiFE (Lifestyle for Environment)…
Western Invitees May Proceed With Pressure on India Over Ukriane
Unfortunately, hiccups and disharmonies have arisen over the preceding months to the summit.
First, the Chinese objected to the use of Sanskrit, which is a non-UN language, as the motto of the G20. Then, PM Modi, although PM Modi
did send an invitation, President XI Jiping, has chosen not to attend the Delhi meet, which might throw a cold damper on the whole event.
Secondly, US President Joe Biden, along with Emmanuel Macron, Rishi Sunak and many others, are expected to
put pressure on India over the
Ukraine conflict and its ties with Russia. Up to now, Mr Modi has managed to keep a neutral stance, given India’s long engagement, both military and economic, first with the Soviet Union and now Russia.
Thirdly, the absence of President Putin of Russia will be sorely felt, in spite of denials from all sides. The UN and other human right organizations bending backwards to the United States’ pressure of making a "war criminal" of President Putin, a democratically elected leader, whatever else is said, does not bode well for the future.
The VVIP Culture Survives in India
A word here about the VVIP restrictions in Delhi, much before the G20 actually kicks in.
Many have objected to Delhi being completely shut down for many days: 200 domestic flights will be either diverted or cancelled, all of Delhi's government and private offices, educational institutions, banks, and commercial establishments are closed for three days. Shops and retailers have asked what will the spouses accompanying the leaders do and what souvenirs and handicrafts they will be able to take back with them! Traffic will be greatly disturbed in many areas, in fact Delhiites
have been asked to stay home. Prime Minister Modi did apologize in advance for the inconvenience when he returned from the
BRICS summit, but observers have pointed out that
Even in high security places like Washington or Paris, inhabitants are never put to so much inconvenience because of security and that care is taken to avoid flights and traffic disturbances.
In conclusion, results will be token and end of meeting statements bland, not giving much, if at all, there is sufficient agreements to come with a joint statement, the West is most likely push for a mention of the conflict in Ukraine, China will surely object to some of the points and India may have a tough time bringing out a consensus document.
Nevertheless, one could praise Narendra Modi for
putting India on the world map, thanks to his many initiatives and embracing Indian’s ancient wisdom to achieve world unity, in spite of strife and disagreements.
Vasudhaiva Kutumbakam to all !
