Urging global leaders to transform global deficit trust into trust and confidence, Prime Minister Modi on Saturday also termed the G20 during India’s rotating presidency as “the people’s G20”.
Modi delivered a speech at the G20 Leaders’ Summit, which was attended by heads of state from 16 countries, heads of invited countries and multilateral institutions, and the newly-appointed chairman of the African Union.
He said that the new crown epidemic has caused a trust deficit, and the war in Russia and Ukraine has further deepened the trust deficit. He urged world leaders to focus on translating this into confidence in each other. “When we can defeat the new coronavirus, we can also overcome this crisis. As the G20 chair, India urges the world to transform the global trust deficit into trust and confidence. Now is the time to act together.” He also added, “Sabka Saath, Sabka Vikas, Sabka Viswas and Sabka Prayas” can be our torch bearers.
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He also said that the 21st century is a century that points the world in a new direction. “In this era, age-old challenges require new solutions. Therefore, we must continue to move forward and fulfill our responsibilities with a people-centered approach.”
The Prime Minister said at the meeting that the G20 has become the G20 of the Indian people, with more than 200 events held in more than 60 cities. “In the face of all challenges, from global economic upheaval to the North-South divide, from food management to fuel and fertilizer management, from terrorism to cyber security, from health to energy and water security, we must move towards jointly proposing concrete solutions,” Modi said.
He said that India’s presidency of the G20 has become a symbol of tolerance and unity at home and abroad. “It has become the G20 for the Indian people. Tens of millions of Indians have joined it, and more than 200 meetings have been held in more than 60 cities across the country.” Modi said. The G20 countries account for 85% of the world’s total economic output and 75% of the world’s trade volume. The G20 also includes two-thirds of the world’s population, and Modi has repeatedly emphasized that the organization also hears the voices of the global South.