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Prime Ministers @narendramodi and @RishiSunak in conversation during the first day of the @g20org Summit in Bali. pic.twitter.com/RQv1SD87HJ
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The Group of 20, including Russia, will deplore the economic impact of the Ukraine conflict, according to a draft communique Tuesday, with most members also condemning the war.
The draft statement, seen by AFP during a summit in Bali, Indonesia, will also call for the extension of a deal with Russia expiring on Saturday that allows the export of Ukrainian grain.
“This year, we have also witnessed the war in Ukraine further adversely impact the global economy,” the draft reads.
Countries “reiterated our national positions” and “most members strongly condemned the war in Ukraine”, it adds.
AFP
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Cambodian Prime Minister Hun Sen said Tuesday he has COVID-19 and is leaving the Group of 20 meetings in Bali, just days after hosting President Joe Biden and other world leaders for a summit in his country’s capital.
The diagnosis came as the heads of the G-20 leading economies and other nations began a two-day meeting on the Indonesian resort island.
In a posting on his Facebook page, the Cambodian leader said he tested positive for the coronavirus Monday night and an Indonesian physician confirmed the diagnosis on Tuesday morning. He canceled his meetings at the G-20 as well as the upcoming APEC economic forum in Bangkok to return home.
AP
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? An update on PM @narendramodi‘s engagements from Apurva Kempinski in Bali, the #G20Indonesia Summit venue: pic.twitter.com/UGI7gBonGk
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Prime Minister Narendra Modi Tuesday shared a light moment with US President Joe Biden on the sidelines of the G20 summit in Bali, Indonesia.
PM @narendramodi and @POTUS @JoeBiden interact during the @g20org Summit in Bali. pic.twitter.com/g5VNggwoXd
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Prime Minister Narendra Modi at the G-20 Summit in Indonesia on Tuesday highlighted India’s efforts to further food security for the citizens and said that there is a need to ensure adequate supply chains “as far as food and fertilisers are concerned.”
“At the #G20Summit this morning, spoke at the session on Food and Energy Security. Highlighted India’s efforts to further food security for our citizens. Also spoke about the need to ensure adequate supply chains as far as food and fertilisers are concerned,” PM Modi said in a tweet.
PM Modi, who is in Bali to attend the 17th edition of the G20 Summit, addressed the member countries at the G20 working session on Food and Energy Security.
In his intervention, PM Modi highlighted how India ensured the food security of its 1.3 billion citizens and supplied to many countries in need during the pandemic.
He termed the current shortage of fertilizers in terms of food security is also a huge crisis and said that today’s fertilizer shortage is tomorrow’s food crisis.”
ANI
At the @g20org Summit this morning, spoke at the session on Food and Energy Security. Highlighted India’s efforts to further food security for our citizens. Also spoke about the need to ensure adequate supply chains as far as food and fertilisers are concerned. pic.twitter.com/KmXkeVltQo
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Chinese President Xi Jinping on Tuesday asked the G20 wealthy nations to contain the fallout from interest rate hikes, as the US Federal Reserve moves aggressively to fight inflation.
“Developed economies should reduce the negative spillover effects of their monetary policy adjustments and stabilise debts at a sustainable level,” Xi told a summit in Bali of the 20 major economies.
AFP
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Bank Indonesia, Bank Negara Malaysia, Bangko Sentral ng Pilipinas, Monetary Authority of Singapore, and Bank of Thailand have agreed to strengthen and enhance cooperation on more inclusive cross-border payments.
A Memorandum of Understanding (MOU) on Cooperation in Regional Payment Connectivity was signed on Monday in Bali, Indonesia, on the sidelines of the G20 Leaders’ Summit, Singaporean central bank Monetary Authority of Singapore said in a statement.
ANI
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Speaking at the G20 summit in Bali, Prime Minister Narendra Modi stressed the importance of India being energy secure.
“India’s energy-security is important for global growth, as it is the world’s fastest-growing economy,” said PM Modi. “We must not promote any restrictions on the supply of energy and stability in the energy market should be ensured.”
“India is committed to clean energy and environment; by 2030, half of our electricity will be generated from renewable sources,” he added.
PTI
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“Today’s fertilizer shortage is tomorrow’s food crisis, for which the world will not have a solution. We should make a mutual agreement to keep the supply chain of both fertilizers and food grains stable and assured,” Modi said.