The G20 member states recently concluded their summit, and Prime Minister Narendra Modi delivered the good news – a consensus leaders’ declaration was successfully adopted. This victory came after prolonged negotiations, primarily centered around a reference to the Ukraine crisis. In this article, we delve into the details of this significant event.
Understanding the G20 Summit
The G 20, short for Group of Twenty, is an international forum that brings together the world’s major economies. It serves as a platform for discussions on various global issues, such as economic growth, trade, and climate change.
Modi’s Announcement
Prime Minister Modi, in a televised statement during the summit, announced the adoption of the leaders’ declaration. His announcement was met with applause and gratitude for the hard work put in by all involved parties.
The Controversial Reference to Ukraine
No specific details were immediately available on how the G20 states reached consensus on the leaders’ declaration, particularly regarding the contentious paragraph regarding Russia’s invasion of Ukraine. This had been a sticking point, causing delays in joint statements throughout India’s presidency.
The Efforts to Break the Impasse
In a bid to resolve the deadlock, the Indian side circulated new text among the G 20 states, aiming to address the Ukraine crisis in the draft leaders’ declaration.
Blank Spaces and Unresolved Issues
The initial draft of the declaration, agreed upon by most G20 states, had left the paragraph on the “geopolitical situation” or the Ukraine crisis blank. This uncertainty had persisted, causing concern among both G20 and G7 member states.
Agreement on Other Fronts
While the Ukraine crisis remained a focal point of contention, negotiators from the G 20 states managed to reach an agreement on 75 other paragraphs in the draft. These covered a wide range of critical issues, including financing for climate transition, reform of multilateral development banks, and the regulation of cryptocurrency.
Mixed Reactions
While some countries had no qualms with the proposed wording on the Ukraine issue, it remained a point of contention for others.
Sherpas’ Struggles
Despite several sessions, the personal representatives of G 20 leaders, known as sherpas, were unable to find common ground on the paragraph addressing Ukraine. This difficulty persisted even after multiple sessions held in the lead-up to the summit.
Conclusion: A Triumph Amidst Challenges
The G20 Summit in New Delhi was marked by significant challenges, particularly regarding the Ukraine crisis. However, through collaborative efforts and persistence, a consensus leaders’ declaration was ultimately achieved.
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FAQs
What is the G20 Summit?
The G20 Summit is an international forum comprising the world’s major economies, aimed at addressing global economic and financial issues.
Why was the reference to Ukraine a contentious issue?
The reference to Ukraine’s crisis was a point of disagreement among G 20 states, leading to prolonged negotiations and delays.
What role do sherpas play in the G20 Summit?
Sherpas are personal representatives of G20 leaders who engage in preparatory work and negotiations ahead of the summit.
What were the key areas of agreement in the leaders’ declaration?
Apart from the Ukraine crisis, G20 states reached consensus on 75 other paragraphs, covering various critical global issues.
What is the significance of the G20 Summit?
The G20 Summit provides a platform for major economies to discuss and collaborate on pressing global challenges, including economic growth and climate change.