G20 Summit: PM Modi calls for diplomacy in Ukraine, and all that's making waves in Bali

Prime Minister Narendra Modi is in Indonesia's Bali to attend the G20 summit. During his address, PM Modi said that the world has to find a way to return to the path of ceasefire and diplomacy in Ukraine.

The two-day summit began today (November 15) morning and is being attended by US President Joe Biden and British Prime Minister Rishi Sunak among heads from 20 countries and the European Union.

PM @narendramodi holds brief discussions with world leaders at start of G20-Summit in Bali. PM interacts with US President #JoeBiden, French President #EmmanuelMacron and Netherlands Prime Minister Mark Rutte.#G20BaliSummit pic.twitter.com/9DibLrHm9L

— All India Radio News (@airnewsalerts) November 15, 2022

What PM Modi said during his address: PM Modi underlined the global challenges of the Ukraine conflict, climate change, and the Covid pandemic and their impact on global supply chains. He said that the world has greater expectations from G-20 and the relevance of the group has become more significant.

• PM Modi also said that the world should not hesitate to acknowledge that multilateral institutions like the UN have been unsuccessful in addressing global challenges.
• "Need of the hour is to show concrete and collective resolve to ensure peace, harmony, and security in the world. I am confident that when G20 meets in the land of Buddha and Gandhi next year, we will all agree to convey a strong message of peace to the world," he said.

Prime Minister @narendramodi at the G20 summit in Bali

G20 Summit is being held in Bali from14-16 November 2022#G20Indonesia #RecoverTogetherRecoverStronger #PMinIndonesia #G20SummitBali pic.twitter.com/drRUp0CyRn

— PIB India (@PIB_India) November 15, 2022

• PM Modi also spoke of the war in Ukraine and invoked the horrors of World War 2. "I have repeatedly said that we have to find a way to return to the path of ceasefire and diplomacy in Ukraine. Over the past century, the Second World War wreaked havoc in the world. After that, the leaders of that time made a serious effort to take the path of peace. Now it's our turn. The onus of creating a new world order for the post-Covid period lies on our shoulders," he said.

WHY IS THE G-20 SO IMPORTANT FOR INDIA? The Prime Minister's statement on the Ukraine crisis at the summit is significant as India will assume the presidency of the powerful grouping from the current chair Indonesia on December 1 amid the war in Ukraine and this gives India a lot of responsibility to speak on global issues and conflicts. And this will also boost India's chances to get a permanent seat in the UN Security Council.

• The G20 Summit, which will be held only a few months ahead of the 2024 general election, will be an opportunity for India to share its success stories on the global stage, reported India Today.

Prime Minister @narendramodi and US President @JoeBiden exchange pleasantries and share a warm hug before the #G20SummitBali discussions began #G20Indonesia #RecoverTogetherRecoverStronger #PMinIndonesia pic.twitter.com/8emWCWM9fa

— PIB India (@PIB_India) November 15, 2022

• Experts believe the G20 presidency will be a watershed moment as India seeks to play an important role in finding pragmatic solutions to global issues.
• During its G20 presidency term, India would be part of the next troika alongside Indonesia and Brazil. This would be a critical moment as the troika will consist of three developing countries and emerging economies, thereby providing them a strong platform, reported India Today.

WHAT IS G-20?

• The G-20 is a strategic multilateral platform connecting the world's major developed and emerging economies. Together, the G20 members represent more than 80 per cent of the  world GDP, 75 per cent of international trade, and 60 per cent of the world population.

• The G20 was formally established in September 1999. The politico-economic alliance started as a meeting for the finance minister and central bank governors, but now the summit is also attended by heads of governments.
• The Group of Twenty comprises 19 countries and the European Union (EU). The countries are: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States of America and the European Union. The EU is represented by the President of the European Council and by the head of the European Central Bank.