The G-20 conference organized in India is being praised all over the world. Prime Minister Narendra Modi (Narendra ModiNow different trade associations are giving their feedback regarding this successful event led by ) and the benefits it will bring to India. The success of the recently concluded G20 leaders’ summit in New Delhi, the capital of India, is an important moment for the country, whereas China has suffered a big loss due to this. US-India Strategic and Partnership Forum (US-India Strategic and Partnership Forum)USISPF) President Mukesh Aghi said this. Aghi said that the G20 summit is a diplomatic success for India. He said that basically, two things came to the fore. One thing is that only one manifesto came from you. But more importantly, India has emerged as a leader of the global south. This means it is a loss for China because they did not send their President there. He said that G-20 is an important moment for India. Congratulations to the Indian leadership for this.
‘Surprised about the manifesto’
Mukesh Aghi said that to be honest, when we heard that a manifesto was coming, we were surprised because we thought that no manifesto of G20 would come. For the first time we saw such a G20, where so many cities of India were involved in the pre-G20 summit meetings. The whole country was involved, and all the major cities were involved. This means that you decorate cities, you build cities, you make sure that guests have a positive impression about the city. Aghi believes that Chinese President Xi Jinping’s decision not to attend the G20 summit was actually good for India. He said that I would say that President Xi’s absence had basically created a void. At the same time, President Joe Biden and Prime Minister Narendra Modi could run their agenda more independently. And they were able to bring a manifesto.
India is becoming an economic power: Aghi
Mukesh Aghi, President of the US-India Strategic and Partnership Forum (USISPF) said that India is becoming an economic power. Currently the Indian economy is worth 4,000 billion dollars and in the next two years it will be 5,000 billion dollars. He said that the success of the G20 summit also reflects the leadership of Prime Minister Modi.
India-West Asia-Europe corridor will make global supply chain more flexible: EEPC India
At the same time, the Indian Engineering Export Promotion Council (EEPC India) believes that the India-West Asia-Europe Economic Corridor will be a revolutionary step for trade in the world. EEPC India said that the ‘India-West Asia-Europe Economic Corridor’ will prove to be a revolutionary project and will give a huge boost to global trade. The proposed ‘India-West Asia-Europe Economic Corridor’ has been announced at the G-20 summit held in New Delhi on Saturday. EEPC India Chairman Arun Kumar Garodia said that this corridor will bring more flexibility in the global supply chain. The objective of this project is to connect India with Europe through West Asia through sea and port. He said in a statement that this will give a new definition to the movement of goods and services across continents as it will reduce logistics costs and ensure quick delivery of goods.
‘West Asia and Europe are both major markets for India’s engineering export sector’
Arun Kumar Garodiya said that both West Asia and Europe are major markets for India’s engineering export sector. Having transport infrastructure of this level will significantly increase its competitiveness at the global level. Garodiya said that investment in the transformative project will significantly boost economic activity, create jobs and most importantly, help in reducing carbon emissions. India announced an ambitious economic corridor with the US and several major economies on September 9. While promoting the connectivity initiative, Prime Minister Narendra Modi stressed on respect for sovereignty and territorial integrity of all countries. On the sidelines of the G-20 summit, the leaders of America, India, Saudi Arabia, UAE, France, Germany, Italy and the European Union jointly announced the new economic corridor. Many people are seeing it as an alternative to China’s ‘Belt and Road’ initiative.
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