India to host G20 conference in 2023
New Delhi / Riyadh: Leaders of G20 member countries, including Prime Minister Narendra Modi, on Sunday emphasized that diagnosis, treatment and vaccines are affordable for all. And we will leave no stone unturned to provide in a similar way In the wake of the pandemic, he also pledged to use all possible policy tools to protect people’s lives, jobs and income. The final manifesto was released after a two-day conference of leaders of the G20 member countries.
The conference was also attended by Prime Minister Narendra Modi, US President Donald Trump and Chinese President Xi Jinping. The leaders also announced that in 2023, India will host the group’s conference (G20 Summit).
The leaders’ manifesto at the G20 Riyadh conference was released at the conclusion of the conference of heads of state or heads of heads of the world’s top 20 economies. In this, the leaders said that The global economy has been severely affected by the pandemic in 2020, while global economic activity has increased partially and “our economies are slowly reopening and the positive effects of our important policy initiatives are beginning to fructify”. However, he also said that the recovery of the economy is ‘uneven, highly uncertain and dependent on increasing downside risks’.
The G20 leaders also supported the anti-money laundering / counter terrorism financing policy details of which are in the FATF’s letter on Kovid-19. He reiterated his support for the ‘Financial Action Task Force’ (FATF) as a global standards setting unit for the prevention of money laundering, financing of terrorism and funding for arms proliferation.
The leaders said in the manifesto, “We reiterate our strong commitment to deal with all sources, techniques and means of these threats. We also reiterate our commitment to strengthen the FATF’s global network of regional units, including supporting their expertise in mutual evaluations and calling for a thorough, effective and speedy implementation of FATF’s global standards. ”
G20 leaders also said that the Covid-19 epidemic and its unprecedented impact in terms of impact on people’s lives, livelihoods and economies have given such a shock that preparedness and action have brought fragility and shared challenges.He said after deliberating on several issues related to the pandemic in the last two days, “We are committed to supporting all developing and underdeveloped countries as they face the health, economy and social impacts of Covid-19 together.” Had to do it.
The leaders noted specific challenges in Africa and small island developing states. The leaders of the group committed to focus on the remaining global financial needs. The leaders also announced that India will host the group’s conference in 2023. It was decided to host India first in 2022.
Last year, the G20 manifesto in Osaka announced the event in India in 2022. However, the Riyadh manifesto said on Sunday, “We are looking forward to our upcoming conferences in Italy in 2021, in 2022 in Indonesia, in 2023 in India and in 2024 in Brazil.”
