Categories: India

India to host G20 summit in 2023 – india information

India will now host the Group of 20 Summit in 2023, a 12 months later than what was determined earlier, the grouping leaders introduced on Sunday.

“We thank Saudi Arabia for internet hosting a profitable Riyadh Summit and its contribution to the G20 course of. We sit up for our subsequent conferences in Italy in 2021, Indonesia in 2022, India in 2023 and Brazil in 2024,” stated a declaration of G20 Riyadh Summit leaders, issued on the conclusion of the two-day convention of the world’s high 20 economies.

Additionally Learn | PM Modi requires reform in multilateral organisations to make sure higher international governance at G20

Prime Minister Narendra Modi, amongst different two dozens leaders, participated within the summit.

Sources stated that India seems to be ahead to taking ahead the G20 agenda in 2023 after the Italian and Indonesian presidencies.

On India now internet hosting the summit in 2023 as an alternative of 2022, a supply stated, “The order of rotating the presidency is determined among the many member states on the idea of consultations and mutual comfort.”

The main target of this 12 months’s summit, which occurred largely nearly, was the Covid-19 pandemic.

Within the declaration, the leaders of the G20 vowed to handle the vulnerabilities revealed by this disaster, take the required steps to get well stronger and work to make sure that future generations are safer than now we have been.

The leaders stated they’re taking instant and distinctive measures to handle the Covid-19 pandemic and its intertwined well being, social and financial impacts.

“We, the G20 leaders, assembly for the second time below the Saudi Presidency, stand united in our conviction that coordinated international motion, solidarity, and multilateral cooperation are extra vital in the present day than ever to beat the present challenges and realise alternatives of the 21st century for all by empowering folks, safeguarding the planet, and shaping new frontiers,” the declaration stated.

“We’re dedicated to main the world in shaping a robust, sustainable, balanced and inclusive post-Covid-19 period,” they stated within the declaration.

The leaders additionally lengthen help to the Anti-money Laundering (AML)/Counter-terrorist Financing (CFT) coverage responses detailed within the Monetary Motion Activity Power’s (FATF) paper on the Covid-19.

They reaffirmed their help for the FATF, as the worldwide standard-setting physique for stopping and combating cash laundering, terrorist financing and proliferation financing.

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News Rrepair Team

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