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Home » G20 Summit New Delhi 2023: Fostering Global Trust, Economic Corridors, and Sustainability

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G20 Summit New Delhi 2023: Fostering Global Trust, Economic Corridors, and Sustainability

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Last updated: September 9, 2023 8:07 pm
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G20 Summit New Delhi 2023: Fostering Global Trust, Economic Corridors, and Sustainability
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New Delhi, September 9, 2023 – The G20 Summit held in New Delhi in 2023 brought together world leaders to discuss pressing global issues and formulate collaborative solutions. The summit was marked by several key messages and significant developments that will shape the course of global governance and cooperation.

Highlights and Key Takeaways of G20 Summit New Delhi 2023: To begin, the Prime Minister laid emphasis on Fostering Global Trust. India’s Prime Minister, Narendra Modi called for unity and cooperation to transform the global trust deficit into trust and confidence among nations.

G20 Summit New Delhi 2023: Symbol of Co-operation, Innovation and Shared Progress

Economic Corridor: Modi praised the India-Middle East-Europe Economic Corridor as a symbol of cooperation, innovation, and shared progress.

Historic Declaration: The New Delhi Leaders’ Declaration was adopted, emphasizing collaborative efforts for a prosperous and harmonious future.

Clean Energy: The launch of the Global Biofuels Alliance marked a significant step towards sustainability and clean energy.

Global Commitments: G20 leaders pledged to accelerate inclusive growth, address climate challenges, improve healthcare access, and promote gender equality.

G20 Summit New Delhi Leaders Declaration Adopted

#G20 New Delhi Leaders' Declaration adopted with the bang of the gavel!

Read the full text 📃: https://t.co/DGID0ArdOR#G20India pic.twitter.com/u6lpZZ0ET0

— G20 Brasil (@g20org) September 9, 2023

Fostering Global Trust

Prime Minister Narendra Modi opened the summit with a call to address the global trust deficit exacerbated by the COVID-19 pandemic and conflicts. He emphasized the need for a “Human Centric approach” to tackle the challenges of the 21st century. In his address, Modi stated, “Today, as the President of the G-20, India invites the entire world to come together and, first and foremost, transform this Global Trust Deficit into global trust and confidence.”

Economic Corridor

Modi hailed the India-Middle East-Europe Economic Corridor, describing it as a “beacon of cooperation, innovation, and shared progress.” He highlighted the corridor’s potential to unite nations in pursuit of shared aspirations and dreams. The Prime Minister posted on social media, “As history unfolds, may this corridor be a testament to human endeavor and unity across continents.”

Historic Declaration

Leaders at the G20 summit 2023 adopted the New Delhi Leaders’ Declaration, which was commended by Modi as a historic moment. He expressed gratitude to all G20 members for their support and cooperation, stating, “History has been created with the adoption of the New Delhi Leaders’ Declaration. United in consensus and spirit, we pledge to work collaboratively for a better, more prosperous, and harmonious future.”

Clean Energy

Modi thanked member nations for joining the Global Biofuels Alliance, marking a significant step toward sustainability and clean energy. He noted that this alliance would have a positive impact on global efforts to combat climate change. The Prime Minister’s message was echoed by Union Minister of Petroleum and Energy, Shri Hardeep Puri.

G20 Summit New Delhi: Global Commitments

The G20 New Delhi Leaders’ Declaration outlined a series of commitments, including accelerating sustainable growth, implementing the 2030 Agenda for Sustainable Development, and promoting climate-resilient development pathways. The declaration also emphasized improved healthcare access, addressing debt vulnerabilities in developing countries, financing for sustainable development goals (SDGs), and Paris Agreement goals.

G20 Summit New Delhi: Promoting Inclusivity

Prime Minister Modi, in his remarks during Session 1 of the summit, highlighted India’s commitment to inclusivity, democratic principles, and the concept of ‘Vasudhaiva Kutumbakam’ (world is one family). He emphasized the ‘Lifestyle for Environment Mission,’ ‘International Year of Millets,’ and India’s initiatives in solar energy and green hydrogen production.

Condolences to Morocco

In a separate statement, Prime Minister Modi expressed deep sorrow over the loss of lives due to an earthquake in Morocco. He extended condolences to the people of Morocco and offered India’s assistance during this challenging time.

The G20 Summit in New Delhi 2023 underscored the importance of international cooperation in addressing global challenges and highlighted India’s role in fostering trust, promoting economic corridors, and advancing sustainability on the global stage.

TAGGED: G20 Summit New Delhi, G20 Summit New Delhi 2023, G20 Summit New Delhi Leaders Declaration, PM Address G20 Summit New Delhi
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