G20 Summit: Prime Minister Narendra Modi on Sunday handed over the traditional gavel (a type of hammer) to Brazilian President Luiz Inacio Lula da Silva while transferring the chairmanship of the G20 group. On this occasion, Lula de Silva praised India for giving voice to the issues related to the interests of emerging economies. In the concluding session of the G20 summit, Modi handed over the gavel to Brazil for the presidency of this group and extended his best wishes.
Brazil will officially take over the presidency of the G20 group on December 1 this year. Lula da Silva congratulated Prime Minister Modi on this occasion and expressed his gratitude for India’s efforts to give voice to issues related to the interests of emerging economies. Lula da Silva listed social inclusion, the fight against hunger, the energy transition and sustainable development as G20 priorities.
He said that the UN Security Council needs new developing countries as permanent and non-permanent members to maintain its political strength. Brazilian President said, “We want more representation for developing countries in the World Bank and the International Monetary Fund (IMF).” Prime Minister Narendra Modi handed over the chairmanship of the G20 to Brazilian President Lula with the traditional gavel (a type of Hammer of) handed over.
Earlier, while addressing the session, PM Modi said that the African Union’s joining G20 is an ‘important step’ towards a more inclusive global dialogue. He also underlined the need for collective efforts keeping in mind the interest of the entire world. An important milestone during India’s presidency of the G20 was the accession of the African Union as a new permanent member of the group on Saturday. This was the first expansion of this influential group since 1999.
All the member countries of the G20 supported the proposal to bring this important grouping of the ‘Global South’ (African Union) to the table of the world’s top economies. The term ‘Global South’ is used for the developing countries of Asia, Africa and Latin America. Responding to Kenyan President William Samoa Ruto’s post on the African Union’s inclusion in the G20, Prime Minister Modi posted on social media site An ‘important step’ in this direction. ,
He said, “We are hopeful of collective efforts, which will be in the interest not only of our great country, but of the entire world.” While responding to the post of Zambian President Hakainde Hichilema, Modi said, “African The Union’s inclusion in the G20 underlines its important role in the progress of the world. We stand ready to enhance our collaboration and accelerate our shared aspirations. We will continue to work closely for global good.
During the inauguration of the summit on Saturday, Modi urged President of the Union of Comoros and Chairperson of the African Union (AU) Azali Assoumani to join the forum along with other leaders. With this, this 55-member group (African Union) became the second multi-nation grouping after the European Union, which will be a permanent member of the G20. All G20 member countries had accepted Prime Minister Modi’s proposal at the beginning of the G20 summit here to include the 55-member African Union in the list of world’s top economies under India’s G20 presidency.