G20 India Daily Updates
PM’s address during the meeting of Foreign Ministers of G-20 2023 ?
Indian Prime Minister Narendra Modi addressed the foreign ministers and heads of international organizations attending the G20 Foreign Ministers Meeting. Modi welcomed the attendees and emphasized the meeting’s theme, “One Earth, One Family, One Future.” This theme signals the need for unity and collective action in achieving common and concrete objectives.
The Indian Prime Minister openly discussed the failures of global governance, stating that the architecture of global governance created after the Second World War, to balance competing interests and foster international cooperation, had failed in both its mandates. Modi also acknowledged that the failures of global governance caused tragic consequences and are mostly faced by developing countries.
AIMS
India’s G20 Presidency aims to give the Global South a voice in these discussions. In recent times, the world has witnessed natural disasters, supply chain breakdowns, debt crises, and financial instability. All of these experiences highlighted the need for resilience in societies, economies, healthcare systems, and infrastructure.
ROLE
The G20 plays an essential role in the following,
- Finding the right balance between growth,
- Efficiency, and
- Resilience.
The meeting will provide an opportunity for foreign ministers to rise above differences and focus on what unites us all.
CONCLUSION
Modi trusted the collective wisdom and ability of the G20 foreign ministers to deliver ambitious, inclusive, and action-oriented results. The meeting’s overall goal is to find a balance between economic development and social welfare that is both resilient and efficient.