PM Modi: India’s G20 Presidency to be based on “Vasudhaiva Kutumbakam”
Indian Prime Minister Narendra Modi is headed to Bali to take part in the G20 Summit where the country would be handed the G20 Presidency for the next year. Before leaving for the summit, Prime Minister said that he would be holding extensive discussions with other G20 leaders on critical issues of global concern, like reviving global growth, ensuring food and energy security, and health and digital transformation.
“I look forward to addressing the Indian community in Bali during a reception on November 15,” PM Modi added as he also said of focusing on bilateral relations with other countries as he holds discussions with the other leaders participating in Bali summit. “On the sidelines of the G20 summit, I will meet with leaders of several other participating countries, and review the progress in India’s bilateral relations with them,” he added.
“In a significant moment for our country, the Indonesian President will hand over G-20 Presidency to India at the closing ceremony of the Bali summit. India will officially assume G-20 Presidency on December 1. I will extend my personal invitation to all G-20 members for next year’s summit. India’s G-20 Presidency will be grounded in the theme ‘Vasudhaiva Kutumbakam’ or One Earth, One Family, One Future,” he added.
Talking about India getting Presidency of G20 for the coming year, PM Modi said, “In a significant moment for our country and citizens, President of Indonesia Joko Widodo will hand over the G20 Presidency to India at the closing ceremony of the Bali Summit.” He added, “India will officially assume the G20 Presidency from 1st December 2022. I will also extend my personal invitation to G20 Members and other invitees to our G20 summit next year.”
The G20, or Group of 20, is a forum of major developed and developing economies of the world, including countries Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and nations under the European Union (EU).