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G20 Summit Concludes in India: PM Modi Passes Presidency Baton to Brazil's President on Final Day

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G20 Summit Concludes in India: PM Modi Passes Presidency Baton to Brazil's President on Final Day
11 Sep 2023
4 min read

News Synopsis

PM Modi Congratulates Brazil's President and Passes the G20 Presidency Gavel

In a significant conclusion to the G20 summit held in New Delhi, Prime Minister Narendra Modi gracefully passed the ceremonial gavel of the G20 presidency to Brazil's President, Lula da Silva.

This symbolic gesture marked the transition of leadership within the elite global grouping.

During this historic moment, PM Modi expressed his warm congratulations to President Lula da Silva, referring to him as a friend, and officially handed over the presidency's gavel.

Brazil is set to assume the presidency of the G20 on December 1 of this year, taking on the crucial role of steering the group's agenda forward.

 President Lula da Silva's Call for Unity and Peace

President Lula da Silva used this opportunity to emphasize the paramount importance of unity and cooperation within the G20. He addressed the pressing issue of geopolitical tensions potentially overshadowing the G20's core agenda and objectives.

"We cannot let geopolitical issues sequester the G20 agenda of discussions. We have no interest in a divided G20. We need peace and cooperation instead of conflict," President Lula stated, highlighting the need for a united front among the member nations.

PM Modi's Proposal for a Virtual G20 Session

Prime Minister Modi, recognizing the value of the discussions and decisions made during the G20 leaders' summit, proposed a virtual session of the G20 to take place around the end of November.

This proposed session aims to review and consolidate the suggestions and resolutions put forth during the summit held in New Delhi.

PM Modi clarified that India's presidency of the G20 would officially continue until November 30, allowing over two-and-a-half months for India to lead the grouping.

He expressed his commitment to ensuring that the suggestions and proposals raised during the summit are thoroughly examined and expedited.

"It is my proposal that we hold another session of the G20 virtually in November-end. In that session, we can review the issues that have been agreed upon during this summit. Our teams will share the details of it with all of you. I hope all of you will join this session," PM Modi urged, highlighting his dedication to fostering continued collaboration within the G20.

This conclusion of the G20 summit in India marks a significant moment in global diplomacy, as Brazil prepares to take the helm and continue the important work of this influential international forum.

Some relevant and latest facts for the above news:

  • The G20 summit in New Delhi was held from September 9-10, 2023.

  • The summit was attended by the leaders of the 20 largest economies in the world, including the United States, China, India, Japan, and Germany.

  • The main topics of discussion at the summit were the global economy, climate change, and food security.

  • The leaders agreed to work together to address these challenges and to promote peace and prosperity in the world.

  • India proposed a virtual G20 session to be held in November to take stock of the decisions made at the summit in New Delhi.

  • The session will also be an opportunity for the G20 leaders to discuss the global economic outlook and ways to address the challenges posed by the war in Ukraine.

Here are some additional facts that are relevant to the news article:

  • Brazil will officially take over the presidency of the G20 on December 1, 2023.

  • Lula da Silva is the former president of Brazil and was elected to the presidency again in October 2022.

  • The G20 summit is considered to be one of the most important economic summits in the world.

  • The G20 countries account for about 80% of global GDP and 75% of international trade.

  • The G20 summit is held annually to discuss global economic and financial issues.

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