G20 Summit 2023 Delhi Highlights: Modi and Lula also held a bilateral meeting, where they agreed to work together for the expansion of India-MERCOSUR Preferential Trade Agreement during Brazil’s MERCOSUR Presidency, to leverage the full potential of their economic partnership.
The live blog session has concluded. For more news, view and updates, stay tuned with Moneycontrol.com.
G20 Summit 2023: Brazil to take over presidency from India
Following the conclusion of the two-day G20 summit in New Delhi, which was widely termed as "successful" by analysts, Prime Minister Narendra Modi handed over the presidency gavel to Brazilian PresidentLuiz Inácio Lula da Silva. The two leaders also held a bilateral meeting, where they agreed to work together for the expansion of India-MERCOSUR Preferential Trade Agreement during Brazil’s MERCOSUR Presidency, to leverage the full potential of their economic partnership. Read more
G20 Summit 2023 Live: Canadian delegation to stay in India till alternate arrangements are made
"Upon our departure for the airport, we were made aware by the Canadian Armed Forces that CFC001 was experiencing technical issues. These issues are not fixable overnight, our delegation will be staying in India until alternate arrangements are made", says Mohammad Hussain, Press Secretary, Office of the Canadian Prime Minister.
G20 Summit 2023 Live: Technical snag on special plane forces Canada PM, delegation to stay in India
Canadian Prime Minister’s plane suffers technical snag. The Canadian delegation will stay in India till the engineering team on the ground rectifies the issue, an airport official informed
G20 Summit 2023 Live: Railway Minister Ashwini Vaishnaw on India-Middle East-Europe Economic Corridor
“...India-Middle East-Europe, these regions have a very good alignment. They have a common thinking and shared values...Now, the distance between India and Europe will be reduced by thousands of kilometres. Along with this, trade, transport, facilities and opportunities will increase between India, Europe and the Middle East...”
G20 Summit 2023 Live:
In a post on X, First Deputy Managing Director of the IMF Gita Gopinath, who met Prime Minister Narendra Modi at the G20 dinner, said, "Congratulations Prime Minister Modi on presiding over such a successful @g20org. India's message of 'one earth, one family, one future' resonated strongly with all delegates."
G20 Summit 2023 Live: It was a historical G20 meeting, says Jyotiraditya Scindia
Union Minister Jyotiraditya M Scindia said: “It was a historical G20 meeting. Experts used to say that in many G20 meetings, Declarations were not possible due to different opinions. This time in G20 under the presidency of India and PM Modi, the Delhi Declaration was adopted by 20 countries and the African Union, which is now a member of the G20. All these countries together left a lasting impression on the Delhi Declaration.”
G20 Summit 2023 Live | Panagariya on India’s message with G20 presidency
It is a "great example of democracy within a developing country delivering so very successfully", Panagriya said, adding thatIndia came together despite being a relatively low income country.
G20 Summit 2023 Live: Panagriya believes that 'it was an Indian secretariat that put out the communique'
"When I was Sherpa there was a lot of effort from the OECD to take over the declaration and become the secretariat.In this situation, I think it was an Indian secretariat that put out the communique. There is a lot of focus on the Global South," he said.
G20 Summit 2023 Live | Arvind Panagriya on protectionism in G20 declaration:
Multilateralism and non-discrimination is still a part of thethought process even though many countries have been forced to look inwards over the last few years owing to many factors, Panagriya said.
G20 Summit 2023 Live: Leaders' Declaration couldn't have been better for Russia, says Arvind Panagriya
The declarationcouldn’thave been better for Russia, Niti Aayog's ex-VC Arvind Panagriya said.Most of the complaints are coming the western side stating that the declaration was watered down on the war, he added. "I speculate that US mediated with the European countries for this declaration."
G20 Summit 2023 Live: NITI Aayog Ex-VC Arvind Panagriya discusses India’s G20 presidency, AU inclusion
India’s G20 presidency: India’s G20 presidency was like an elaborate wedding; it will be difficult for other countries to replicate this success
There is absolutely no doubt that there is a sense of arrival of India. India has arrived. When the PM spoke at the US Congress, there was a lot of buzz, there hasn’t been a buzz like this for any other leader
African Union joining G20: More than power dynamics it is about inclusion. Africa is a continent with 55 countries, while only South Africa was a part of the G20, while the EU was represented fully. It will push the agenda in India has pushed it so far i.e., towards development. The entry of AU will cement this movement toward development
It will help to have a friend in negotiations. As a former G20 Sherpa, I can say earlier ministry used to say what they did not want in the declaration, so it became less of a negotiation, it was not much of a negotiation. Now the scenario is different
G20 Summit 2023 Live: PM Modi in and out of media centre in a jiffy
Prime Minister Narendra Modi momentarily visited the International Media Centre at the G20 Leaders' Summit venue in Pragati Maidan in New Delhi. Talk of the Prime Minister's visit started in the afternoon, with some reporters even speculating that Modi may have an informal sit-down with a few senior journalists following the conclusion of the G20 Leaders' Summit under India's Presidency. However, after a wait of over three hours, the Prime Minister thanked the media and was in and out of the media centre in a jiffy.
G20 Summit 2023 Live:
PM Modi arrives at Bharat Mandapam, the G20 India 2023 Summit venue, to visit Crafts Bazar showcasing Indian handicrafts.
G20 Summit 2023 Live: PM Modi holds bilateral talks with Netherlands counterpart Mark Rutte
“Excellent meeting with Netherlands Prime Minister Mark Rutte. We talked about ways to enhance friendship between our nations. The scope of cooperation for our businesses is immense. We also look forward to strong ties in clean energy, semiconductors, digital technology, and more,” PM Modi tweets.
G20 Summit 2023 Live: PM Modi, Lula da Silva agree to collaborate for expansion of India-Mercosur PTA
Prime Minister Narendra Modi and Luiz Inácio Lula da Silva, President of the Federative Republic of Brazil, expressed satisfaction over the growing trade between India and Mercosur. Both leaders agreed to work together for the expansion of India-Mercosur PTA during Brazil’s Mercosur Presidency, to leverage the full potential of this economic partnership.
MERCOSUR is a trading bloc in Latin America comprising Brazil, Argentina, Uruguay, and Paraguay. It was formed in 1991 with the objective of facilitating the free movement of goods, services, capital and people among the four member countries. It is the third largest integrated market after the European Union (EU), North American Free Trade Agreement (NAFTA).
A Framework Agreement had been signed between India and MERCOSUR on June 17, 2003.
G20 Summit 2023 Live: India, Brazil reiterate mutual support for their countries’ permanent UNSC membership
Prime Minister Narendra Modi and Luiz Inácio Lula da Silva, President of the Federative Republic of Brazil, reaffirmed their commitment to the comprehensive reform of the Security Council including its expansion in the permanent and non-permanent categories, with increased representation of developing countries.
India, Brazil reiterated their mutual support for their countries’ permanent membership in an expanded UNSC.
The leaders stated that Brazil and India will continue to work closely together in the framework of G-4 and the L.69. They also agreed on having regular bilateral coordination meetings on Security Council Reform.
PM Modi President Lula expressed disappointment at the paralysis created at the Inter-Governmental Negotiations on UN Security Council reform, which have not produced tangible progress. They agreed that time has come to move towards a result-oriented process that aims to achieve concrete outcomes in a fixed timeframe.
G20 Summit 2023 Live: PM Modi, Brazil president hold bilateral talks on sidelines of summit
India’s Prime Minister Narendra Modi and Luiz Inácio Lula da Silva, President of the Federative Republic of Brazil, met in New Delhi on September 10, 2023, at the sidelines of the G20 Summit.
Both sides reaffirmed their commitment to bolstering the Brazil-India Strategic Partnership and to sustaining their distinctive roles in global affairs, according to an official statement released by the Brazilian side. India and Brazil also expressed satisfaction at the progress achieved under various institutional dialogue mechanisms.
G20 Summit 2023 Live: Ties between India and Brazil are very strong, tweets PM Modi
Prime Minister Narendra Modi tweeted, "Excellent meeting with President, Luiz Inácio Lula da Silva. Ties between India and Brazil are very strong. We talked about ways to boost trade and cooperation in agriculture, technology, and more. I also conveyed my best wishes for Brazil’s upcoming G20 Presidency."
G20 Summit 2023 Live: Strong partnership with India is paramount for Europe, says European Commission President
European Commission President Ursula von der Leyen tweets, "A strong partnership with India is paramount for Europe. Glad to see our Trade & Tech Council in action. And to have launched with you a historic project, the India – Middle East – Europe Economic Corridor. We also look forward to progress on a Free Trade Agreement. This would unlock the great potential in our partnership. Thank you for your skilful leadership of the G20..."
G20 Summit 2023 Live: L-G activated rain contingency plan to ensure hiccup-free G20 Summit
Delhi Lieutenant Governor VK Saxena activated the rain contingency plan as it began to pour during the dinner for G20 leaders hosted by President Droupadi Murmu, Raj Niwas officials said.
"For waterlogging that occurred at certain sites prone to flooding, pumps were immediately put into action. The water was drained within 15 minutes during the night. Similarly, potted plants that tumbled due to the impact of rain and wind were replaced immediately and incidents of trees falling in the NDMC area was addressed," the official said.
G20 Summit 2023 Live: Full text of India-France joint statement
G20 Summit 2023 Live: Republic of Korea, India agree to boost commercial ties, tweets PM Modi
“The deliberations with President of South Korea Yoon Suk Yeol were extensive. Reviewing the complete spectrum of bilateral relations, we agreed to further boost commercial and cultural ties between India and the Republic of Korea,” tweets Prime Minister Narendra Modi
G20 Summit 2023 Live: India is ahead of China now, says AU president
President of the Union of Comoros and Chairperson of the African Union (AU), Azali Assoumani says, "India is the 5th superpower in the world so there is enough room for India in Africa. We also know that India is so powerful that it went to space. So, we just need to coordinate...India is a superpower in terms of inhabitance, India is ahead of China now."
G20 Summit 2023 Live:
After preliminary checks ahead of Prime Minister Narendra Modi's visit to the International Media Centre at the G20 Leaders' Summit venue, it is the canine squad's turn to give the security all-clear.
G20 Summit 2023 Live: Arrangements being made ahead of Prime Minister Narendra Modi's visit to the International Media Centre
G20 Summit 2023 live: Sanjeev Krishan, Chairperson, PwC on India's G20 presidency
- "India has tried to balance aspirations of the developing world with that of the developed world leveraging the theme of Vasudhaiva Kutumbakam” (One Earth - One Family - One Future) - working towards solving complex problems collectively and inclusively."
- "Specific actions on Global Bio-fuel Alliance, enabling cities of Tomorrow and India-Middle East- Europe Corridor are just a few great examples of sowing the seeds for a cleaner, sustainable, inclusive and a connected world"
- " India's presidency is leaving a strong legacy, as per Honourable PM's quote "leaving no one behind" which the next set of presidency will have to carry forward. The summit positions India as a strong consensus builder on a varied set of thematics critical for our sustainable future.”
G20 Summit 2023 live: Turkiye President Recep Tayyip Erdoğan on New Delhi Declaration
- "We believe the New Delhi Declaration is something to be proud of. That's why we signed it."
G20 Summit 2023 live: Joint statement with regards to earthquake in Morocco
- Prime Minister Narendra Modi, Chair of the African Union and President of the Comoros, Azali Assoumani, President of the French Republic, Emmanuel Macron, President of the World Bank, Ajay Banga, Managing Director of IMF, Kristalina Georgieva, and President of the European Commission, Ursula von der Leyen today issued a joint statement regarding earthquake in Morocco
- "Following the earthquake of September 9, we express our full solidarity with the Moroccan authorities and people, and offer our condolences to the families of the victims. We also express our willingness to support Morocco in the best possible way."
- "With all our international partners, we stand by Morocco to provide all the necessary support for any urgent short term financial needs and for the reconstruction efforts. To this end, we will mobilize our technical and financial tools and assistance in a coordinated way to help the people of Morocco overcome this terrible tragedy."
G20 Summit 2023 live: Turkiye President Recep Tayyip Erdoğan remarks on the G20 summit
- About reimplementing the Black Sea Grain Initiative, I am not hopeless. It can restart again.
- The permanent membership of the African Union reinvigorates the G20. It was welcomed.
G20 Summit 2023 live: Turkiye President Recep Tayyip Erdoğan on Ukraine-Russia crisis
- "Up to now, 43% of the grain exported through the Black Sea corridor went to the West."
- "President Vladimir Putin has told me that he is willing to send grain to poor countries free of charge."
G20 Summit 2023 live: Turkiye President Recep Tayyip Erdoğan on Ukraine-Russia crisis
- "We believe that any grain corridor initiative that isolates Russia is bound to fail. We believe that any step that may escalate the tensions in the Black Sea should be avoided."
- "In order to support global food supply security, we are going to bring together the Food Supply Security Study Group. Both Russia, Ukraine, as well as the United Nations, and stakeholders from the international community, we are going to hold continuous talks."
G20 Summit 2023 live: Turkiye President Recep Tayyip Erdoğan on Ukraine-Russia crisis
- "We are investing tremendous effort in stopping the Russia-Ukraine war."
- "Excluding Russia from any grain corridor efforts are unlikely to be sustainable."
G20 Summit 2023 live: Turkiye President Recep Tayyip Erdoğan's on India's G20 presidency
- "I would like to thank India for a gracious G20 Presidency."
- "I would like to thank PM Modi for the gracious hospitality that was shown to me, my spouse and my entire Turkish delegation."
- "This year, our theme was one world, one family and one future. And within the first session of the summit, we had talked about the environmental challenges that our planet currently encounters."
- "Climate change, the loss of biological diversity and especially there is the dimension of extensive pollution is a trio of challenges which we can feel even more profoundly now..."
G20 Summit 2023 live: PM Modi meets Canadian PM Justin Trudeau
- Prime Minister Narendra Modi met Canadian PM Justin Trudeau on the sidelines of the G-20 Summit.
- "We discussed the full range of India-Canada ties across different sectors," tweets PM Modi.
G20 Summit 2023 live: French President Emmanuel Macron on India-France Relations
- "I think we (India-France) have a strong bilateral partnership... We had a very strong defence partnership and we strengthened this partnership, especially during the past 2 years."
- "The visit of your PM during our Bastille Day, was a very critical moment. French people were very proud and they felt the friendship and respect for your country..."
- "We will follow up on defence, we will develop and deploy on all the different parts of our defence roadmap, additional contracts and procurements in the months and years to come..."
G20 Summit 2023 live: French President Emmanuel Macron on global economy
- "Next the IMF, we expect some greater commitments by the emerging countries when it comes to restructuring the debt of African countries. We stand ready to do more. And we said it today.
- "So it is the very same agenda, greater financing, mobilization around the world. France upgraded its commitments and we reached 0.5% of our GDP allocated to development projects."
- "And we also want the same to happen at the international level. And this is the reason why we're committed to the replenishment of IFAD- The International Fund for Agricultural Development. And the meeting will be taking place in December."
- "And I would like to thank President Alvaro Lario of IFAD for being with us today..."
G20 Summit 2023 live: French President Emmanuel Macron on global governance
- "We support a deep reform of global governance. Security Council but as well the World Bank and the IMF, they have to reflect today's reality in terms of demography and economy as well."
- "And then we want to increase the available tools. That's why we want to replenish the World Bank and France is supporting that so that the emerging countries have a greater role to play..."
G20 Summit 2023 live: French President Emmanuel Macron on India's G20 presidency
- "I thank PM Modi. Faithful to its principles India did its utmost for the G-20 presidency to serve unity and peace and send across the message of unity while Russia is still waging its aggression on Ukraine..."
G20 Summit 2023 live: Japanese PM Fumio Kishida on India's G20 presidency
- "Under the leadership of India as this year's chair, we were able to agree on the G20 Leaders' declaration which is a truly meaningful achievement."
- "Japan has been engaged in the negotiations with the intent to pass on the outcome of the G7 to the G20 and we were able to hand over to the G20 points that were confirmed at the Hiroshima Summit."
- "I look forward to working with other leaders to follow up on the outcomes delivered by the G7 and G20..."
G20 Summit 2023 live: Japanese PM Fumio Kishida on Ukraine-Russia crisis
- "On Russia's aggression on Ukraine, throughout the meetings, Japan has pressed for the immediate withdrawal of Russian troops. The realisation of just & durable peace in Ukraine. We underscored our position that Russia's nuclear threat let alone its use of nuclear weapons is absolutely unacceptable."
- "I also highlighted the importance of assistance from the global community to vulnerable populations under conflict..."
G20 Summit 2023 live: World Bank President Ajay Banga's remarks on the summit
- "I consider the fact that there was a declaration, a tribute to the fact that the G 20 leadership found a way to give and take and negotiate and find a right way to agree and set a path to the world. The world is watching... 80% of the world's GDP was sitting in the room."
- "If they would not agree that would not give a good message. I actually compliment India, its leadership and the G 20 leaders for being able to make sure that a terrific declaration comes out...There will be always challenges. No 20 countries will agree on everything. People will have to look after their national interests. But I am optimistic by the mood I saw in that room."
G20 Summit 2023 live: Russian Foreign Minister Sergey Lavrov's remarks on the summit
- "It is one of the decent purposes and we are already on track. In our turn, we will continue strengthening these positive trends including during Brazil's presidency next year and in 2025 during South Africa's presidency."
- "While closing today's session, PM Modi said that he would convene another G20 Summit via video conferencing in late November. It will be another opportunity for us to review the implementation of the agreements that we have reached today."
G20 Summit 2023 live: This Summit has been a milestone, says Russian Foreign Minister Sergey Lavrov
- "This Summit has been a milestone from the point of view of giving a clear guiding star for us to follow. Another thing that I would like to mention is the active role of the Indian presidency that has genuinely consolidated the G 20 Members probably for the first time in its history."
- " I mean the G 20 countries from the Global South, our BRICS partners - Brazil, India, China, South Africa have been particularly active. Thanks to these consolidated positions taken by the global south countries to uphold and protect their legitimate interests have caused the West to be unable to Ukrainise the agenda to the detriment of the discussion of the tasks facing developing countries."
G20 Summit 2023 live: Government sources on Black Sea Grain Initiative
- "We hope the Black Sea Grain Initiative is revived sooner rather that later. That will help bring down global inflation," the source said.
G20 Summit 2023 live: Government sources on Morocco earthquake
- "Morocco has suffered a massive disaster (due to the earthquake). It is time to help Morocco. The human misery is still unfolding. It is not the time to talk about whether next month's G20 meeting scheduled to be held in Marrakesh, Morocco will be shifted to another country," the source said.
G20 Summit 2023 live: Government sources on Global Sovereign Debt Roundtable
- "India as the G20 Presidency is one of three co-chairs of the Global Sovereign Debt Roundtable. Once the Presidency ends starting December, India will join the roundtable as a creditor member as we have lent around $8 billion," the source said.
G20 Summit 2023 live: Government sources on New Delhi Leaders' Declaration
- "The Leaders' Declaration does not mention Climate Resilience Debt Clause as part of any debt agreement because a few countries had previously called for more technical work on such a clause before agreeing to it," the source said.
G20 Summit 2023 live: PM Modi on AI
- PM Narendra Modi calls for framework for responsible human-centric AI governance to help every country benefit from new gen technology.