Page 18 - G20

PM Modi, Chinese President Xi shake hands at side event at G20 Summit

Prime Minister Narendra Modi and Chinese President Xi Jinping shook hands Tuesday at a side event at the G20 Summit here, a gesture drawing some attention because of the strained relations between the two countries over a border clash two years back. A live video feed for the media from the welcome dinner hosted by Indonesian President Joko Widodo for G20 delegates showed the exchange between the two leaders. There had been some speculation over a possible bilateral meeting between the two leaders on the margins of the Group of 20 Summit, which began Tuesday. But the agenda made known by both sides so far does not slot such a meeting. In September, Prime Minister Modi and President Xi came face-to-face at the annual summit of the Shanghai Cooperation Organisation (SCO) in Uzbek city of Samarkand for the first time since the start of the border standoff in eastern Ladakh. There was no report of a handshake or exchange of pleasantries between Modi and Xi at that time.

What happened during the Cold War between the US and the Soviet Union

On the sidelines of the G20 Summit, Joe Biden met Xi Jinping and later said that there was no need for a new 'Cold War'

G20 meet: Will have extensive talks on global issues, says PM Modi

Prime Minister Narendra Modi arrived here on Monday for the G20 Summit and bilateral meetings on its sidelines with key leaders attending this annual conference of the world's major economies. The two-day summit begins Tuesday morning, and will be attended by US President Joe Biden and British Prime Minister Rishi Sunak among heads from 20 countries and the European Union who make up the group. "During the Bali summit, I will have extensive discussions with other G20 leaders on key issues of global concern, such as reviving global growth, food and energy security, environment, health and digital transformation, Modi said ahead of his departure from Delhi. Modi said that he will meet with leaders of several other participating countries on the sidelines of the G20 summit and review the progress in India's bilateral relations with them. Modi will have separate bilateral meetings with a number of leaders on the sidelines of the summit but it was not immediately clear if a separate ...

World leaders converge in Bali for G20, Russia-Ukraine on their minds

Prime Minister Narendra Modi and leaders from the world's major economies arrived here ahead of the G20 summit, being held against the backdrop of the Russia-Ukraine war that has added to the challenges brought about by the devastating Covid pandemic. "Recover Together, Recover Stronger" - the theme picked by Indonesia when it took over the presidency of G20 a year ago appeared apt at that time for the group of the world's major economies fighting the effects of the Covid pandemic. But just ahead of the November 15-16 summit of the Group of 20 in the upmarket Nusa Dua area of the resort Island, this slogan painted on buses and on billboards seems slightly dated. Russia's war in Ukraine has piled more economic challenges onto the world, threatening food and energy shortages. Apart from the Russia-Ukraine conflict and its impact on the global economy, another interesting development was a meeting between US President Biden and his Chinese counterpart Xi Jinping on Monday. The first

G20 members imposed export restrictions at increased pace: WTO report

Ahead of the G-20 summit in Indonesia, a WTO report on Monday said that the G20 countries introduced export restrictions at an increased pace during mid-May and mid-October 2022 in the back of global economic uncertainties. G20, a grouping of developed and developing nations, members include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Japan, Russia, the UK, the US, among others. It said that as of mid-October 2022, WTO (World Trade Organisation) members still had in place 52 export restrictions on food, feed and fertilizers, in addition to 27 export restrictions on products essential to combat COVID-19. Of these, it said 44 per cent of the export restrictions on food, feed and fertilizers, and 63 per cent of the pandemic-related export restrictions, were maintained by G20 economies. "In a context of economic uncertainty exacerbated by the COVID-19 pandemic, the war in Ukraine and the food security crisis, G20 economies between mid-May and mid-October 2022 .

'Aliens and deep tunnels': Elon Musk offers vision for future at G20

The Twitter owner appeared by video link on Monday to address business leaders in Bali on the sidelines of the G20 summit

Russia-Ukraine conflict, US-China frictions dominate G20 summit in Bali

Discord over Russia's war on Ukraine and festering tensions between the US and China are proving to be ominous backdrops for world leaders gathering in Indonesia's tropical Bali island for a summit of the Group of 20 biggest economies starting Tuesday. With recession looming as central banks fight decades-high inflation partly brought on by the war, US Treasury Secretary Janet Yellen said that ending the conflict would be the "single best thing that we can do for the global economy." British Prime Minister Rishi Sunak, writing in the newspaper The Telegraph, called Russia a "rogue state" and slammed its president, Vladimir Putin, for staying away. "Leaders take responsibility. They show up. Yet, at the G-20 summit in Indonesia this week, one seat will remain vacant," wrote Sunak, who took office last month. "The man who is responsible for so much bloodshed in Ukraine and economic strife around the world will not be there to face his peers. He won't even attempt to explain his ...

G20 summit: Biden, Xi shake hands as they meet amid superpower tensions

President Joe Biden and Chinese President Xi Jinping opened their first in-person meeting Monday since the US president took office nearly two years ago, amid increasing economic and security tensions between the two superpowers as they compete for global influence. Xi and Biden greeted each other with a handshake at a luxury resort hotel in Indonesia, where they are attending the Group of 20 summit of large economies. US officials say Biden aims to build a floor in the relationship between the leaders and nations to identify areas of potential cooperation and to avoid miscalculations between the nuclear powers on areas of disagreement. Both men entered the highly anticipated meeting with bolstered political standing at home. Democrats triumphantly held onto control of the U.S. Senate, with a chance to boost their ranks by one in a runoff election in Georgia next month, while Xi was awarded a third five-year term in October by the Communist Party's national congress, a break with .

G20 unveils global pandemic fund to avoid repeat of Covid pandemic

Funds will be used to help countries prevent future pandemics; fundraising currently at $1.4 billion

India's Presidency hopes to provide new direction to G20 talks: MEA

India's Presidency hopes to provide new strength to G20 discussions on subjects which include green development, lifestyle for environment, digital transformation, and greater voice for global south

Lotus in G20 logo reveals our traditional identity, says Rajnath Singh

Defence Minister Rajnath Singh said on Sunday that the lotus in the G20 logo reveals India's traditional identity.

Chinese President Xi out of Covid bubble, faces changed world at G-20

After a lengthy absence from major international gatherings, Chinese leader Xi Jinping is leaving his country's COVID-19 bubble and venturing abroad next week into a dramatically changed world marked by rising confrontation. Xi will attend the G-20 meeting of industrial and emerging market nations in Indonesia followed by the Asia-Pacific Economic Cooperation summit in Thailand. He will meet individually with other leaders, including US President Joe Biden on Monday in their first in-person talks since Biden took office in January 2021. The Chinese leader has relied mainly on speeches by video to deliver China's message at the UN and other forums since 2020. The period has seen a sharp deterioration in China's relations with the West over the COVID-19 pandemic, a crackdown on civil rights in Hong Kong, military threats against Taiwan and Beijing's tacit support for Russia's invasion of Ukraine. More broadly, China and the West are moving farther apart. The US and Europe are looking

President Biden is eager to meet PM Modi at G20 this year: Jake Sullivan

'India is the President of G20 next year, so President Biden will certainly intend to be a participant in G20'

TMS Ep301: G20 presidency, India's 5G tech, tech stocks, transfer of shares

What does the G20 presidency mean for India? How indigenous is India's 5G technology? Should you bet on new-age tech stocks after a mixed Q2? How to transfer shares? All answers here

What does the G-20 presidency mean for India?

In a few days from now, India will take over the presidency of G20. The country, which is being seen as a 'bright spot in the dark horizon', will hold the chair for one year starting December 1

'US looking forward to support India's G20 presidency': Janet Yellen

The 2022 G20 Summit will take place under the presidency of Indonesia in Bali between November 15 and 16

G20 Summit: US President Biden to meet China's Jinping in Bali on Nov 14

US President Joe Biden would meet his Chinese counterpart Xi Jinping on November 14 on the sidelines of the G-20 Summit in Indonesia during which they will discuss ways to work together where their interests align, especially on transnational challenges that affect the international community, the White House announced on Thursday. The meeting comes amid the fractious relationship between the two nations. The Leaders will discuss efforts to maintain and deepen lines of communication between the United States and the PRC (People's Republic of China), responsibly manage competition, and work together where our interests align, especially on transnational challenges that affect the international community, White House Press Secretary Karine Jean-Pierre said. The two Leaders will also discuss a range of regional and global issues, Pierre said. This would be their first in-person meeting after Biden became the US President in January 2021. The two leaders have spoken over the phone as m

India to highlight heritage, diversity during one-year G20 presidency

India will showcase its culture, diversity and technological advancement during its one-year presidency of the G20 group of countries, sources said on Thursday. Harsh Shringla, former foreign secretary, and G20 Sherpa Amitabh Kant on Thursday gave a presentation on the programmes planned to the Union Council of Ministers once India assumes the G20 presidency, they said. India will host more than 200 meetings at 56 locations once the country assumes the G20 presidency next month, the sources said. Shringla is India's chief G20 coordinator. India will assume the presidency of the G20 group of countries for a year for the first time, starting December 1. Many delegates and diplomats from the G20 member countries and guest countries will arrive in India for these meetings during the one-year period. The sources said Kant and Shringla informed the ministers and secretaries during the presentation that more than 200 meetings would be held at 56 locations -- both big and small ...

PM Modi to visit Indonesia from November 14-16 to attend G20 summit: MEA

Prime Minister Narendra Modi will visit Indonesian city of Bali from November 14 to 16 to attend the G20 summit, the Ministry of External Affairs announced on Thursday. India will assume the Presidency of the powerful grouping from the current chair Indonesia on December 1. The G20 or Group of 20 is an intergovernmental forum of the world's major developed and developing economies. It comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and the European Union (EU). The G20 summit will take place on November 15 and 16 in Bali and Modi is set to be among the top leaders attending it. The G20 is the premier forum for international economic cooperation representing around 85 per cent of the global GDP, over 75 per cent of the global trade, and about two-thirds of the world population. India is currently part of the G20 Troika (current, previous

Another lotus blooms

India prepares to take over the G20 presidency