The epoch times

Day 2 of the G20 Summit: Key Highlights

Group of 20 leaders gathered​ in New Delhi, India, for the second day ⁣of the G20‍ Summit. The world leaders were able to reach an agreement for a joint statement ​and several sideline‌ agreements.

The parties in the summit⁢ agreed to adopt a consensus statement that condemned the invasion of Ukraine without mentioning Russia.

Despite⁢ objections from Russia and China over references to the Ukrainian conflict, Indian officials confirmed that the leaders reached a compromise on the language in several paragraphs to describe the war in Ukraine.

“We … welcome all⁤ relevant and constructive ⁢initiatives that support a comprehensive, just, ⁤and durable peace in ⁢Ukraine,” the declaration ⁤said.

“In line with the U.N. Charter, all ​states must refrain from the threat or use of force to seek territorial ⁢acquisition against the territorial integrity​ and sovereignty or political independence of any state. The use or threat of use of nuclear weapons is inadmissible.”

The following are ‌some takeaways from day two of the summit:
⁤ ‌

G20 Adds African Union as a ‌Member

The group of the‌ world’s 20 leading economies is welcoming the African ‍Union as⁢ a permanent ⁤member, a powerful​ acknowledgment of Africa as its more than 50 countries seek a more important role on the global stage.

President Joe Biden called last year for the AU’s permanent membership in the G20, saying ⁤it’s been “a long time in coming.” Indian Prime Minister Narendra Modi welcomed ‍the ⁣current AU chair, Comoros​ President Azali Assoumani, with a hug on Saturday at ⁢the G20‌ summit ⁣his country ⁣is hosting, saying he was “elated.”

“Congratulations to all ​of Africa!” said Senegal President Macky Sall, the previous AU chair⁣ who ⁤helped to push for membership. The AU had advocated for full membership for seven years, spokesperson Ebba Kalondo said. Until now,‌ South Africa was the bloc’s only G20 member.

US, India to Lead Global Biofuels Alliance

The​ United States, India, and other countries announced the Global Biofuels Alliance.

“Today, on the margins of the G20⁣ Leaders’ ‍Summit, President Biden joined Indian Prime Minister Modi and leaders from‌ Argentina, Brazil, Italy, ⁤Mauritius, and the UAE to ​launch the Global Biofuels Alliance, a partnership to make progress in our shared commitment to deploy cleaner, greener fuels around the world that help meet our decarbonization goals. Leaders from ⁢Bangladesh and Singapore also attended​ as observer countries to the⁤ alliance,” the White House said in a statement.

The Alliance ‍will focus on securing the supply of ⁣biofuels, ensuring these biofuels remain ⁣affordable‍ and are produced sustainably.

⁤ The United States, India, and Brazil ⁢will lead the Global Biofuels Alliance.

Biden Unveils Infrastructure Project to Connect India, Middle East, and⁤ Europe

President Joe Biden and his allies on Saturday announced plans to build a ⁣rail and shipping corridor linking India with the Middle East and Europe, an ambitious project aimed at fostering economic growth and political cooperation.

“This is​ a big deal,” said Biden. “This is ⁢a really‍ big deal.”

The corridor, outlined ‌at the annual Group of 20 ​summit of the world’s top economies, would help boost trade, deliver energy resources, and improve digital connectivity. I


Read More From Original Article Here: Key Takeaways From Day 2 of the G20 Summit

" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases

Related Articles

Sponsored Content
Back to top button
Available for Amazon Prime
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker