Business Standard

G20 Summit

G20 Rio declaration balances compromise but lacks actionable specifics

Declaration did not capitalise on breakthrough commitment among countries at COP28 in Dubai last year to "transition away from fossil fuels" by setting phaseout targets for this transition

G20 Rio declaration balances compromise but lacks actionable specifics
Updated On : 21 Nov 2024 | 12:52 AM IST

PM Modi visits Guyana: Why South American nation is crucial to India

South American nation has become a significant contributor to world crude supply

PM Modi visits Guyana: Why South American nation is crucial to India
Updated On : 20 Nov 2024 | 3:13 PM IST

Brazil urges G20 leaders to move faster on net zero climate targets

World leaders are trying to shore up a global response to climate change before Donald Trump retakes the US presidency

Brazil urges G20 leaders to move faster on net zero climate targets
Updated On : 20 Nov 2024 | 10:29 AM IST

G20: Chaos in Rio shows a world untethered even before Trump returns

The behind-the-scenes squabbling over language characterising wars in Ukraine and the Middle East had been abruptly shut down by an impatient host

G20: Chaos in Rio shows a world untethered even before Trump returns
Updated On : 20 Nov 2024 | 9:25 AM IST

Argentina's Milei pivots to pragmatism in first talks with China's Jinping

Last year, then-presidential candidate Javier Milei declared Argentina would not "make deals with communists" in China or Brazil, calling their leaders "murderers" and "thieves" in a bid to channel the populist energies of Donald Trump and other global far-right icons into a winning political message. But on Tuesday, President Milei found himself at the Group of 20 Summit in Rio de Janeiro shaking hands with Chinese President Xi Jinping and vowing to boost trade with the Asian powerhouse, a day after his economy minister signed a preliminary agreement to export Argentine natural gas to Brazil. Milei even acquiesced to a joint declaration endorsed by world leaders late on Monday despite his earlier attempts to play spoiler to the G20 host, Brazil's left-wing President Luiz Inacio "Lula" da Silva who was once called by Milei a "corrupt communist". The final moments of the high-profile summit on Tuesday revealed Milei's more pragmatic streak, coming as a surprise after the irascible ..

Argentina's Milei pivots to pragmatism in first talks with China's Jinping
Updated On : 20 Nov 2024 | 9:19 AM IST

G20 Summit: Biden's legacy fades into rainforest at last major gathering

His trip to the region for the Asia Pacific Economic Cooperation forum in Lima and the Group of 20 summit in Rio de Janeiro was meant to reassure allies

G20 Summit: Biden's legacy fades into rainforest at last major gathering
Updated On : 20 Nov 2024 | 8:57 AM IST

PM Modi meets Australian counterpart; launch Renewable Energy Partnership

India and Australia on Tuesday officially launched the Renewable Energy Partnership that aims to boost two-way investment in the renewable energy sectors as Prime Minister Narendra Modi held talks with his Australian counterpart Anthony Albanese. The two leaders held the second India-Australia Annual Summit on the sidelines of the G20 Summit in Rio de Janeiro during which they reiterated their commitment to further advance the Comprehensive Strategic Partnership in myriad areas such as defence and security, trade and investment, education, skills, sports, space, mobility and people-to-people ties. Both leaders welcomed the launch of the Renewable Energy Partnership, as agreed during the first India-Australia Annual Summit. "India and Australia have shared ambition to move faster, work together and deploy our complementary capabilities to drive climate action," according to a joint statement. "The prime ministers welcomed the launch of the India-Australia Renewable Energy Partnershi

PM Modi meets Australian counterpart; launch Renewable Energy Partnership
Updated On : 20 Nov 2024 | 7:49 AM IST

G20 Summit: Rio statement echoes New Delhi declaration on climate financing

G20 leaders call for ceasefire in Gaza and Lebanon, peace in Ukraine

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Updated On : 19 Nov 2024 | 11:57 PM IST

At G20 summit, PM Modi calls for efforts towards more sustainable future

Prime Minister Narendra Modi on Tuesday urged the G20 grouping to accelerate efforts to ensure a cleaner and more sustainable future for all. In an address at a session on sustainable development and energy transition at the G20 summit, Modi said it is essential for developed countries to fulfil their commitments to provide technology and finance in a timely manner to the developing nations. India is sharing its successful experiences wit all friendly countries, particularly with Global South, he said. On challenge of climate change, the prime minister said India is the first G20 country to have fulfilled the commitments made under the Paris agreement ahead of time. Our efforts are based on traditional Indian thought which is both progressive and balanced, he said. The summary of Modi remarks were posted on 'X' by External Affairs Ministry spokesperson Randhir Jaiswal. During the New Delhi G20 summit, we had adopted the Varanasi Action plan to accelerate achievements of the SDGs

At G20 summit, PM Modi calls for efforts towards more sustainable future
Updated On : 19 Nov 2024 | 11:38 PM IST

India meets 72% of G20 2023 goals, slips below bloc average and 2022 levels

This theme underscored the importance of a united global approach to tackling challenges like climate change, sustainable development, and financial stability

India meets 72% of G20 2023 goals, slips below bloc average and 2022 levels
Updated On : 19 Nov 2024 | 11:33 PM IST
Updated On : 19 Nov 2024 | 8:27 PM IST

G20 Summit: PM Modi meets Brazilian President Lula; reviews bilateral ties

Prime Minister Narendra Modi on Tuesday met Brazilian President Luiz Inacio Lula da Silva and took stock of the full range of bilateral ties while reaffirming India's commitment to improving cooperation in sectors like energy, biofuels, defence and agriculture. Modi, who arrived in the Brazilian city on Sunday after concluding a two-day trip to Nigeria, met Lula on the sidelines of the G20 Summit here and complimented him on various efforts of Brazil during their G20 Presidency. "We took stock of the full range of bilateral ties between our nations and reaffirmed our commitment to improving cooperation in sectors like energy, biofuels, defence, agriculture and more," Modi said in a post on X after talks with Lula. Brazil is hosting the 19th G20 Summit. India is part of the G20 Troika along with Brazil and South Africa. Ministry of External Affairs Spokesperson Randhir Jaiswal said that Prime Minister Modi thanked President Lula for successfully hosting the G20 Summit. "PM assured

G20 Summit: PM Modi meets Brazilian President Lula; reviews bilateral ties
Updated On : 19 Nov 2024 | 7:18 PM IST

G20: Russia-China discuss ties, Ukraine war and Korean peninsula

The leaders' statement also expressed deep concern about the catastrophic humanitarian situation in the Gaza Strip, and called urgently for more aid and protection for civilians along with

G20: Russia-China discuss ties, Ukraine war and Korean peninsula
Updated On : 19 Nov 2024 | 1:45 PM IST

G20 summit calls for more aid to Gaza and end to Russia-Ukraine war

Leaders of the world's 20 major economies called for a global pact to combat hunger, more aid for war-torn Gaza and an end to hostilities in the Mideast and Ukraine, issuing a joint declaration Monday that was heavy on generalities but short of details on how to accomplish those goals. The joint statement was endorsed by group members but fell short of complete unanimity. It also called for a future global tax on billionaires and for reforms allowing the eventual expansion of the United Nation Security Council (UNSC) beyond its five current permanent members. At the start of the three-day meeting which formally ends Wednesday, experts doubted Brazilian President Luiz Inacio Lula da Silva could convince the assembled leaders to hammer out any agreement at all in a gathering rife with uncertainty over the incoming administration of US President-elect Donald Trump, and heightened global tensions over wars in the Mideast and Ukraine. Argentina challenged some of the language in initial

G20 summit calls for more aid to Gaza and end to Russia-Ukraine war
Updated On : 19 Nov 2024 | 12:54 PM IST

PM Modi meets Starmer, says eager to work closely in tech, green energy

Prime Minister Narendra Modi met his UK counterpart Keir Starmer on the sidelines of the G20 Summit on Tuesday, during which he expressed eagerness to work closely in areas such as technology, green energy, security, innovation and technology. Modi -- who arrived in Rio de Janeiro on Sunday after concluding a two-day trip to Nigeria -- has met leaders of several countries, including those from Italy, Indonesia, Norway and Portugal, on the sidelines of the summit. He also met French President Emmanuel Macron and discussed ways to keep working closely in sectors such as space, energy and AI. Modi said in a post on X about his meeting with Starmer, "Had an extremely productive meeting with Prime Minister Keir Starmer in Rio de Janeiro. For India, the Comprehensive Strategic Partnership with the UK is of immense priority." "In the coming years, we are eager to work closely in areas such as technology, green energy, security, innovation and technology. We also want to add strength to tr

PM Modi meets Starmer, says eager to work closely in tech, green energy
Updated On : 19 Nov 2024 | 10:28 AM IST

Jaishankar meets Chinese counterpart Wang Yi on sidelines of G20 Summit

They noted the progress in the recent disengagement in Ladakh and exchanged views on the next steps in bilateral ties

Jaishankar meets Chinese counterpart Wang Yi on sidelines of G20 Summit
Updated On : 19 Nov 2024 | 9:59 AM IST

Brazil's G20 Summit produces broad declaration that is short on specifics

The summit of the Group of 20 leading economies in Rio de Janeiro produced a joint declaration on Monday that, while not totally endorsed by one of the group's members, succeeded in addressing most topics host Brazil had prioritised addressing -- both ongoing major wars, a global pact to fight hunger, taxation of the world's wealthiest people and changes to global governance. Experts had doubted Brazil 's President Luiz Inacio Lula da Silva could convince assembled leaders to hammer out agreement given uncertainty about the incoming administration of US President-elect Donald Trump and heightened global tensions amid the wars in Ukraine and the Middle East. Further dimming prospects of consensus, Argentina's negotiators challenged some of the draft language -- and ultimately refrained from endorsing the complete document. "Although generic, it is a positive surprise for Brazil," said Thomas Traumann, an independent political consultant and former Brazilian minister. "There was a ...

Brazil's G20 Summit produces broad declaration that is short on specifics
Updated On : 19 Nov 2024 | 9:30 AM IST

PM Modi meets Italian, Portuguese, Norwegian counterparts in Brazil

Prime Minister Narendra Modi met leaders of several countries, including those from Italy, Indonesia, Norway and Portugal, on the sidelines of the G20 Summit and discussed ways to improve and strengthen ties. Modi arrived in the Brazilian city on Sunday after concluding a two-day trip to Nigeria. Modi on Monday met his Italian counterpart Giorgia Meloni and discussed ways to deepen ties in defence, security, trade and technology. "Glad to have met Prime Minister Giorgia Meloni on the sidelines of the Rio de Janeiro G20 Summit. Our talks centred around deepening ties in defence, security, trade and technology. We also talked about how to boost cooperation in culture, education and other such areas. India-Italy friendship can greatly contribute to a better planet," Modi said in a post on X. The Ministry of External Affairs (MEA) also posted on X about the meeting. "Strategic Partnership going strong! Prime Minister Narendra Modi met Prime Minister Giorgia Meloni of Italy on the ...

PM Modi meets Italian, Portuguese, Norwegian counterparts in Brazil
Updated On : 19 Nov 2024 | 8:05 AM IST

G20 Summit 2024: Deadline to phase out fossil fuel appears elusive

Opposing curbs on hydrocarbon investments, India has called for expanding decarbonization efforts and increasing renewables

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Updated On : 18 Nov 2024 | 11:46 PM IST

PM Modi interacts with world leaders on the sidelines of G20 Summit

Prime Minister Narendra Modi on Monday interacted with several world leaders, including from Brazil, Singapore and Spain, on the sidelines of the G20 Summit here. The Prime Minister was warmly received by Brazilian President Luiz Inacio Lula da Silva, who is hosting the G20 Summit in Rio de Janeiro. "Looking forward to the proceedings at the G20 Summit in Rio de Janeiro. Thankful to President Lula for the warm welcome," Modi said in a post on X. Modi, who arrived here after concluding a two-day trip to Nigeria, also met UN Secretary-General Antonio Guterres on the margins of the summit. He also had a wonderful interaction with his Singapore counterpart Lawrence Wong. "A wonderful interaction with Prime Minister Lawrence Wong of Singapore during the G20 Summit in Rio de Janeiro," Modi posted on X. The Prime Minister also met Spanish President Pedro Sanchez, who travelled to India on an official visit last month. "From Vadodara to Rio, the interactions continue! A lovely interacti

PM Modi interacts with world leaders on the sidelines of G20 Summit
Updated On : 18 Nov 2024 | 11:32 PM IST