G20

PM Modi presents the gavel for the G20 presidency to the president of Brazil on the final day of the summit in India

The G20 Summit in New Delhi concluded with Prime Minister Narendra Modi handed a ceremonial gavel to Brazil, which will take the bloc’s presidency from India.

The G20 Summit in New Delhi concluded on Sunday as Prime Minister Narendra Modi handed a ceremonial gavel to Brazil, which will take the bloc’s presidency from India. The event marked the end of the G20 Summit being held in Delhi on September 9-10

According to a report Prime Minister Modi said, “I want to congratulate Brazil’s president and my friend Lula da Silva, and hand over the presidency’s gavel to him.” He sent Brazil his best wishes for the presidency. On December 1 of this year, Brazil will formally assume the role of the elite grouping’s president.

Lula da Silva addressed the audience, congratulating Modi and thanking India for its commitment to bringing attention to issues that are important to developing nations. Social inclusion, the fight against hunger, the transition to clean energy, and sustainable development were also named by Lula da Silva as G20 priorities.

Modi Proposes Virtual G20 Summit in November-End to review the issues

India will still hold the responsibility of the G20 Presidency until November 2023. Modi proposed to hold a virtual session of the G20 at the end of November. According to the report by HT Modi said, “In the last two days, you have put forward your views, given suggestions and a number of proposals have been put forward. It is our responsibility that the suggestions that have come forth are closely looked upon as to how they can be speeded up.” He added, “It is my proposal that we hold another session of the G20 virtually in November- end. In that session, we can review the issues that have been agreed upon during this summit. Our teams will share the details of it with all of view. I hope all of you will join this (session).”

The Group of 20 countries, which Brazil now chairs, will now consist of 21 members. Since the African Union joined the alliance on Saturday, the group has practically changed its name to G21. Several nations in the region have praised this decision, further enlarging a bloc that already accounts for 85% of global GDP.

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