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Updated 09 Sep, 2023 06:14pm

Consensus reached on G20 declaration, says India

The G20 has reached a consensus on the joint declaration, said Indian Prime Minister Narendra Modi on Saturday, BBC reported.

“We note with deep concern the immense human suffering and the adverse impact of wars and conflicts around the world,” said the declaration.

There were doubts that a joint declaration would be possible due to the differences within the group over the war in Ukraine.

“We call on all states to uphold the principles of international law including territorial integrity and sovereignty, international humanitarian law, and the multilateral system that safeguards peace and stability,” the declaration said.

The consensus came as a surprise as the group is deeply divided over the war in Ukraine, with Western nations earlier pushing for strong condemnation of Russia in the Leaders’ Declaration, while other countries demanded a focus on broader economic issues.

“We … welcome all relevant and constructive initiatives that support a comprehensive, just, and durable peace in Ukraine.

“The use or threat of use of nuclear weapons is inadmissible,” the statement added.

The declaration also called for the implementation of the Black Sea initiative for the safe flow of grain, food and fertiliser from Ukraine and Russia. Moscow pulled out of the agreement in July over what it called a failure to meet its demands to implement a parallel agreement easing rules for its own food and fertiliser exports.

“On the back of the hard work of all the teams, we have received consensus on the G20 Leaders Summit Declaration. I announce the adoption of this declaration,” Modi told the leaders in New Delhi, including US President Joe Biden and heads of government and state from across the world.

The differing views on the war had prevented agreement on even a single communique at ministerial meetings during India’s G20 presidency so far this year.

The declaration said the group agreed to address debt vulnerabilities in low and middle-income countries “in an effective, comprehensive and systematic manner”, but did not make any fresh action plan.

It said countries pledged to strengthen and reform multilateral development banks, while it accepted the proposal for tighter regulations of cryptocurrencies.

It also agreed that the world needs a total of $4 trillion of low-cost financing annually for the energy transition, with a high share of renewable energy in the primary energy mix.

The statement called for accelerating efforts towards a phasedown of unabated coal power, but said this had to be done “in line with national circumstances and recognizing the need for support towards just transitions”.

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