Brazil will hold the G20 Summit on November 18-19, 2023, featuring the African Union as a new member. Foreign Secretary V. Misri noted that Brazil’s priorities align with those pursued during India’s presidency, notably regarding hunger and poverty. Prime Minister Modi will attend the summit, as well as visit Nigeria and Guyana, focusing on sustainable development and energy transitions.
On November 18 and 19, Brazil will host the 19th G20 Summit, marking a significant event as it will be the first gathering with the African Union as a full member. This occasion follows India’s successful presidency of the grouping, wherein priorities centered around global alliances against hunger and poverty were emphasized. Foreign Secretary Vikram Misri stated that India’s participation aligns closely with Brazil’s current presidency priorities, focusing on sustainable development and global governance reforms. Prime Minister Narendra Modi’s upcoming tour includes visits to Nigeria and Guyana, with the G20 summit in Brazil being of particular importance to India, as it aims to maintain the momentum established during the previous summit in New Delhi. Misri expressed that the gathering of major developing economies would facilitate significant discussions on critical global issues, such as sustainable development goals, environmental challenges, and energy transitions. Brazil’s G20 presidency theme, “Building a Just World and a Sustainable Planet,” emphasizes social inclusion, the battle against poverty, and the reformation of global governance. The highlight of Brazil’s agenda is the Global Alliance Against Hunger and Poverty, which will initiate collaborative efforts across nations, civil organizations, and development banks involving both G20 and non-G20 countries. India is set to engage actively by joining the national and knowledge pillars of this alliance. Moreover, discussions on tripling renewable energy capacity and enhancing energy efficiency will reflect the commitments established during India’s tenure. An empowerment of women working group, initially proposed by India, will also continue as part of this year’s discussions, reinforcing the commitment to women-led development within the G20 framework. The cooperation and themes established by previous presidencies provide a foundation for anticipated successes at the G20 summit in Rio.
The G20 Summit is an integral forum for international economic cooperation, where leaders from the world’s major economies converge to discuss pressing global issues. Brazil’s hosting of the summit comes after India’s presidency, during which significant focus was placed on promoting sustainable development and addressing hunger and poverty. With the African Union’s induction as a member, this summit represents a critical opportunity for collaborative international discussions and initiatives aimed at supporting development in emerging economies.
The upcoming G20 Summit in Brazil represents an important opportunity for continued dialogue on global economic cooperation, particularly in areas related to hunger, poverty, and sustainable development. With India’s ongoing involvement and the establishment of the Global Alliance Against Hunger and Poverty, the summit holds promise for significant cooperative initiatives that reflect the priorities of emerging markets. The collaborative spirit established through successive presidencies is expected to yield productive outcomes for global governance and development.
Original Source: www.business-standard.com
