Modi announced Monday that he would hold extensive discussions with other G-20 leaders in Bali regarding key global issues, including reviving global growth, ensuring food and energy security, and addressing health and digital transformation issues, according to news agency PTI. The Prime Minister made this statement as he prepared to travel to Bali for the G-20 summit, during which India will be given the presidency for the following year.
Moreover, the Prime Minister announced that he would meet with the leaders of various participating countries to review India’s bilateral relationships. The Indian community in Bali will receive him at a reception on November 15, and I look forward to speaking to them.
As well as highlighting India’s achievements, Modi stated that he would emphasize the country’s commitment to addressing global challenges collectively.
“A significant moment for our country will be the handover of the G-20 presidency by the Indonesian President to India during the closing ceremony of the Bali summit. A formal transition will occur on December 1, when India officially assumes the G-20 presidency. I will personally invite all G-20 members to attend the summit next year. A key component of India’s G-20 presidency will be its theme, Vasudhaiva Kutumbakam, which stands for One Earth, One Family, One Future.
Prime Minister Modi will make a three-day visit to the Indonesian city on Monday afternoon as he takes part in the summit. The summit will focus on pressing global challenges, including the implications of the conflict in Ukraine, particularly in the areas of food and energy security.
The summit attendees are Chinese President Xi Jinping, US President Joe Biden, British Prime Minister Rishi Sunak, and French President Emmanuel Macron.
Major developed and developing economies are members of the G-20, or Group of Twenty. Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, and countries within the European Union (EU).
Approximately 85 percent of global GDP, more than 75 percent of global trade, and approximately two-thirds of the world’s population are represented by the G-20, a premier forum for international economic cooperation.