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Saturday, September 9, 2023

World leaders arrive in Delhi for 18th G20 Summit hosted by India Read more at: https://economictimes.indiatimes.com

 

The 18th G20 Summit, which is being hosted by India, is currently underway in New Delhi. This important event drew over 30 heads of state, as well as top European Union officials and 14 heads of international organizations.

World leaders have confirmed their attendance and are expected to participate actively, including US President Joe Biden, French President Emmanuel Macron, Australian Prime Minister Anthony Albanese, German Chancellor Olaf Scholz, UK Prime Minister Rishi Sunak, Japanese Prime Minister Fumio Kishida, Brazilian President Luiz Inacio Lula da Silva, Bangladeshi Prime Minister Sheikh Hasina, UAE President HH Shaikh Mohamed Bin Zayed Al Nahyan, and China's Premier Li Qiang.


On September 9 and 10th, the G20 summit will be held at the cutting-edge Bharat Mandapam Convention Centre.

Here's what has happened so far

  • Signing of major Middle East rail project agreement at G20 anticipated, according to the United States.

  • Prime Minister Modi conveys appreciation for President Biden's commitment to strengthening the India-US Comprehensive Global Strategic Partnership.

  • Partnership rooted in shared democratic values, strategic alignments, and robust people-to-people connections, as per the Ministry of External Affairs press release.

  • Leaders commend progress in implementing the wide-ranging outcomes from PM Modi's historic State visit to the U.S. in June 2023, including advancements under the India-U.S. Initiative for Critical and Emerging Technology (iCET).

  • Bilateral cooperation in defense, trade, investment, education, health, research, innovation, culture, and people-to-people relations continues to gain momentum.

  • The 50-minute meeting tackled topics such as India's G20 presidency, nuclear energy cooperation, crucial technologies such as 6G and artificial intelligence, and the reform of multilateral development banks.

  • President Biden congratulated Prime Minister Modi and India on the historic Chandrayaan-3 moon landing, highlighting the two countries' strengthening space collaboration. India and the 
  • the World Trade Organization (WTO), which concerned chicken products.

  • This decision signals the end of all seven pending WTO trade disputes between the two countries.

  • According to the joint statement, the leaders congratulate the settlement of the seventh and final remaining WTO dispute, which builds on the earlier closure of six bilateral trade issues in June 2023.

  • As the summit progresses, a Leaders Declaration will be adopted, outlining the key outcomes of the event. This summit, hosted by India under its presidency, has placed significant emphasis on several crucial issues. These include fostering inclusive growth, promoting digital innovation, addressing climate resilience, and ensuring equitable global health access. India, through its presidency, aims to collaborate with global partners to find solutions that benefit not only its own population but also contribute to the broader global well-being.


  • United States recently settled their final trade dispute at 

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