Notwithstanding the hastily covered up slums and hutments of Delhi, and the flooding of the venue after the Sunday rains, India as temporary President of G20 was able to work out a draft Joint Declaration that was accepted by all the participating countries. Knowing that if New Delhi was unable to get an unanimously acceptable Joint Declaration through, the Summit would go down in history as quite a failure, many countries including the US, Germany etc. accepted a draft that under any other circumstances would have been quite unacceptable to them. None of the countries, especially the key ones would have liked to see a red-faced New Delhi. Thus compromises were made and the west accepted a declaration in which Russia was not mentioned by name even once let alone identified as the invader in the Ukraine war.
The G20, is often seen as a crucial platform for addressing global economic challenges and fostering international cooperation since its inception in 1999. In 1999, 19 nations, joined by the European Union, united to establish the G20. This came in the wake of a financial crisis that had severely impacted several Asian countries in the late 1990s. The crisis compelled the creation of such an international forum aimed at addressing economic upheavals and for fostering stability. Post the global economic crisis of 2008, the G20 became more significant, packing as it did more muscle with the heads of Governments themselves representing their countries at the G20 summits.
The G20 centres its efforts in addressing critical global issues, including climate change, geopolitical stability, and the United Nations Sustainable Development Goals (SDGs). These themes have also been at the forefront of discussions during recent G20 meetings.
India Takes the Helm of G20
This story is from the September - October 2023 edition of UNIQUE TIMES.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the September - October 2023 edition of UNIQUE TIMES.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Bhutan: The Enchanting Jewel Of The Himalayas
Majestic snow-capped mountains, picturesque valleys, verdant forests, centuries-old Buddhist shrines and monasteries, fluttering prayer flags, a serene way of life and folks boasting the best happiness index in the world...this Land of the Thunder Dragon has much more to entice those with wanderlust.
Bail - Emerging Trends In The Context Of Money Laundering Laws
The Hon'ble Supreme Court in case of Manish Sisodia Vs Directorate of Enforcement 2024 SCC Online 1920 has upheld certain key propositions that where a trial has not merely been delayed but has not even commenced after a long period of incarceration, the same would be violative of Article 21 of the Constitution of India.
Toyota, Maruti Suzuki Boost Hybrid Vehicle Sales in Uttar Pradesh Amid Tax Waivers, Spark Industry Debate
Toyota and Maruti Suzuki are ramping up marketing efforts for hybrid vehicles in Uttar Pradesh, leveraging new state tax waivers that offer buyers savings of up to $15,800 on luxury models like the Toyota Vellfire.
Supreme Court Rejects AAP Government's Plea to Expand NRI Quota in Punjab Medical Colleges
The Supreme Court rejected the AAP-led Punjab government's plea challenging the High Court's ruling against expanding the ‘NRI quota’ to include distant relatives for medical and dental college admissions.
USA's Delaware Supreme Court Confirms Byju's Default on $1.2-Billion Loan Amidst Ongoing Insolvency Proceedings
The Delaware Supreme Court has upheld a ruling that edtech firm Byju's defaulted on a $1.2 billion Term Loan B (TLB), validating claims made by US-based lenders.
India Approves Rs 3,300 Cr Semiconductor Packaging Plant in Gujarat, to Boost Chip Production
The Union Cabinet has approved a Rs 3,300 crore proposal from electronics manufacturer Kaynes to establish a semiconductor packaging plant in Sanand, Gujarat.
Thar Roxx: Your Perfect Off-Road Companion
To say that Mahindra knows the Indian customer really well, will be an understatement. Their biggest hits have come in various forms over the years, from the XUV500 to the XUV700 and the Scorpio N in recent times.
Exfoliate Your Way to Flawless Skin
Imagine waking up to smooth, glowing skin every day—skin that feels soft to the touch and looks naturally radiant without the need for heavy makeup or filters.
The Stinking Rose: Flavourful and Full of Health
Garlic, the humble bulb with a pungent aroma and a rich history dating back thousands of years, has earned a reputation not only in culinary delights but also as a powerhouse of health benefits.
Never give up!
In the earlier stage of your life, it was someone else who might have been gravely instrumental in shaping your viewpoints. Hence, it is supremely important to re-evaluate what you believe in, when you become an adult.
