Will discuss issues of ‘global concern’ in Bali: PM Modi

G20 summit billboards are displayed near the venue for the G20 summit in Bali on November 14, 2022 in Denpasar, Indonesia. The G20 leaders’ meeting will take place this week in Nusa Dua, Bali. | Photo credit: Getty Images

In a pre-departure statement, Prime Minister Narendra Modi said on Monday he would address issues of “global concern” at the G-20 summit in Bali, where he will arrive later in the day.

“During the Bali summit, I will have in-depth discussions with other G20 leaders on key issues of global concern, such as reviving global growth, food and energy security, the environment, health and digital transformation,” Prime Minister Modi said as he announced he will meet counterparts from G-20 member countries on the sidelines of the summit which is likely to be dominated by the ongoing Ukraine crisis.

India is on track to take over the G-20 chairmanship at the end of the summit when President Joko Widodo ceremonially hands over responsibility for the 2023 G-20 summit to Prime Minister Modi.

“India will officially assume the G20 Presidency from December 1, 2022. I will also personally invite G20 members and other guests to our G20 Summit next year,” Prime Minister Modi said.

Next year’s G-20 summit will be held here and Prime Minister Modi will personally invite every member state to next year’s summit.

“India’s G20 Presidency will be based on the theme ‘Vasudhaiva Kutumbakam’ or ‘One Land, One Family, One Future’, which underlines the message of equitable growth and a shared future for all,” Prime Minister Modi said.

India’s prime minister is due to be in Indonesia until November 16. During his stay, he will interact with the Indian community in Indonesia.

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The G20 is an influential bloc for global economic cooperation as it accounts for around 85% of global GDP, over 75% of global trade and around two-thirds of the world’s population.

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

It includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, UK, USA and Europe. European (EU).

India is currently part of the G20 troika (current, previous and incoming G20 presidencies) comprising Indonesia, Italy and India.

The Prime Minister attends the summit at the invitation of the Indonesian President.

Indonesia is the current chair of the G-20.

(With PTI entries)

Teresa H. Sadler