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Sat, 25 Jan 2020

Northeast Today

Modi to participate in Japan G20 summit; financial stability, black money, terrorism to top India’s agenda

Modi to participate in Japan G20 summit; financial stability, black money, terrorism to top India’s agenda
June 22
12:04 2019

NET Bureau

Prime Minister Narendra Modi will attend the G20 summit in Osaka in Japan from June 27 to 29, the Ministry of External Affairs (MEA) said on Friday. It ministry also said that former Union Minister Suresh Prabhu will be India’s Sherpa at the G20 summit.

Addressing a press conference, MEA spokesperson Raveesh Kumar said that PM Modi will hold bilateral meetings at the G20 summit. PM Modi, he said, will also participate in a few plurilateral meetings.

Prime Minister Narendra Modi will visit Japan next week to attend the G-20 summit where issues such as financial stability, WTO reform, black money, and terrorism will be on top of the agenda for India.

“For the 6th time, PM Narendra Modi will be participating in the G20 Summit in Osaka, Japan from June 27 to 29. Apart from participating at the summit, PM will also have bilateral meetings. He will also participate in a few plurilateral meetings,” Raveesh Kumar said.

Modi’s likely meeting with US President Donald Trump, the first since his re-election last month, is set to attract a lot of attention amid strengthening of strategic ties between the two countries.

“Over a period of time, particularly after the economic shock of 2008, the G-20 has become a very important global platform,” Prabhu said, adding the G-20 countries contribute about 85 per cent of the world’s GDP.

G-20 members are Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the US.

Collectively, the G-20 economies account for nearly 90 per cent of the gross world product, 80 per cent of world trade, two-thirds of the world population, and approximately half of the world land area.

Source: India Today

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