Prime Minister Narendra Modi Concludes G-20 Summit

After concluding the 3-day G20 summit, the prime minister today transferred the presidency to the president of Brazil Lula Da Silva which will start from 1st December. 

G20 Summit at New Delhi 

Image credit: NDTV 

The Leaders Summit of G20 2024 ended today with the PM giving his ending remarks and handing over the presidency of the G20 to Brazilian president Luiz Inacio Lula Da Silva as a part of the ceremonial handover. 

As a part of his concluding remarks at the last day of the G20 summit, 

“PM Modi said he’s fully content that G20 as a platform is fully converted for undertaking positive efforts under the vision of One Earth, One Family, One Future. As a part of these meetings, we had a variety of discussions under this vision. 

The president of Brazil Luiz Inacio Lula Da Silva, also expressed his admiration for India’s presidency and said that India raised those topics that directly aligned with the interests of developing economies 

The Brazilian president further gave good wishes to the prime minister and listed social inclusion, hunger, transition of energy, and sustainable development as important priorities of G-20. 

He further said that the UN Security Council needs to include newly emerging economies or developing countries as a part of permanent and non-permanent membership in order to recover its strengths politically. 

President Lula’s exact Words 

Image Credit: NDTV 

As per NDTV’s report, President Lula also said “We want a considerable representation of developing or emerging economies at the World Bank and International Monetary Fund. 

Important Takeaways from the G-20 Summit 

Image credit: India Today 

On Saturday, a huge breakthrough took place during the summit. The New Delhi declaration was adopted with full agreement from all the member countries. 

The declaration was adopted at the beginning of the summit amidst doubts and skepticism surrounding the meeting. 

Also Read: India’s G20 Presidency In Doubts; Incapable Of Reaching Consensus

After the passing of the New Delhi declaration, the prime minister announced this breakthrough and described this event as significant and pathbreaking. 

During the course of his announcement, he further congratulated his sherpas and ministers who made the declaration possible. 

The exact wordings of the prime minister during the announcement were 

“I have got very good news. Due to our team’s hard work, consensus was reached at the New Delhi Leaders Summit. I proposed to adopt the New Delhi leaders’ declaration. I hereby usher in this declaration. On this special event, I congratulate the Sherpa and ministers who made it work and made the proposal possible. 

He further said It is my bid that this declaration should be adopted. The declaration was accepted with full agreement among the members of G-20 by banging the desks. Reported by India Today. 

What was the main focus of the declaration? 

The agreed declaration emphasized certain main areas like 

Ensuring strong, balanced, and inclusive growth.

Implementing the 2030 agenda for sustainable development in a full and effective manner.

Speeding up the progress of SDG goals 

Improving access to medical countermeasures and facilitating production & supply capacity in developing countries for future emergencies with regard to health. 

Ukraine’s criticism of the declaration 

According to CNBC, in 83 pages of the joint resolution, the declaration of New Delhi left out words from last year’s G-20 meeting which actively condemned Russia’s attack on Ukraine. 

In place, it talked about the suffering of human beings and the negative impact of the Russo-Ukraine conflict which has hindered the recovery efforts in the aftermath of Covid-19. 

As per the CNBC report, the wording was changed from most members condemning the war to G-20 member states leaning on the values of the UN charter on the use of force and integrity of the sovereign territory. 

As for Ukraine, their foreign ministry said there is nothing to be proud of about the joint declaration and criticized the declaration for not taking the name of Russia. 

Future Plans 

Also, the prime minister in the G-20 session announced the online meeting at the end of November to keep stock of the progress of the sent proposals and suggestions discussed at the meeting.