and Europe. An MoU pertaining to IMEC was signed by India, the USA, Saudi Arabia, the UAE, the European Union, Italy, France, and Germany. PGII is a developmental initiative aimed at narrowing the infrastructure gap in developing countries as well as help towards accelerate progress on SDGs ...
African Union accepted as part of the G20: Prior to this, the only African member of the G20 was South Africa. At the Delhi Summit of the G20, the African Union, which represents the 55 countries in the African continent, was given full membership, like how the EU is represented. (...
Global trade drives economic growth but it is also a significant determinant of environmental degradation. However, several researchers have different findings about the effect of “trade openness,” depending on how countries engage in trade [67]. The connection between environmental norms and trade i...
These four countries represent the current and the next three G20 member states that are due to hold the rotating presidency of the multilateral forum founded in 1999 to tackle the issues that afflict the global economy. In the flurry of activities independent of the auspices of the main G...
(referred to as the "G20 Summit" below) and delivered a speech. In his address, Li Qiang expounded on the "Three Partners" concept, emphasizing the "Three Dos and Three Don'ts," proposing a Chinese solution for G20 member countries and other nations to jointly address global crises and ...
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Li made the remarks while addressing the first phase of the 18th G20 Summit in New Delhi, the Indian capital. The meeting was presided over by Prime Minister Narendra Modi of India, the rotating presidency of the G20 for 2023. Leaders and representatives of G20 members, guest countries as...
As Brazil’s President Luiz Inacio Lula da Silva remarked in a speech earlier in 2023: “Every night I ask myself why all countries have to base their trade on the dollar.” For many analysts, too, the freezing of Russian central bank reserves by the United States in 2022 in response ...
By Reuters | May 19, 2023, at 7:58 a.m. Save More China Opposes G20 Meeting in Indian-Rule Kashmir and Will Skip It More Reuters FILE PHOTO: A member of India's military force stands guard at the G20 foreign ministers meeting in New Delhi, India March 2, 2023. Oli...
with China affirming its willingness to address debt distress among countries. China also suspended debt service payments in the developing world and participated in debt treatment under the Common Framework. The case of Africa, for example, demonstrates how China's participation in the G20 Debt Ser...