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PM Modi virtually attends the 15th G20 summit | India News


NEW DELHI: Prime Minister Narendra Modi virtually attended the 15th G20 Summit chaired by Saudi Arabia on Saturday. The theme of this Summit is – “Discovering the opportunities of the 21st century for all”.
Saudi Arabia’s King Salman inaugurated the Group of 20 summit as the coronavirus pandemic overshadows this year’s meeting of heads of state, transforming it from a two-day in-person gathering of the world’s most powerful leaders into a virtual gathering. of speeches and statements.
“We have a duty to meet the challenge together during this summit and give a strong message of hope and tranquility,” said King Salman in his opening remarks.
The kingdom, which assumed the presidency of the G-20 this year, is the host of the virtual summit that brings together leaders of the richest and most developed economies in the world, such as the United States, China, India, Turkey, France, the United Kingdom and Brazil, among others.
“The Covid-19 pandemic has been an unprecedented impact that affected the entire world in a short period of time, causing global economic and social losses,” said the Saudi monarch, who convened the G-20 heads of state to an emergency meeting in March. as the coronavirus spread rapidly around the world.
The G-20 leaders promised to share the information and material necessary for the investigation, exchange epidemiological and clinical data, and strengthen health systems.
They also promised to work together to increase funding for vaccine research.
While there has been rapid research and sharing of scientific information for the development of COVID-19 tests and vaccines, individual G-20 countries have focused primarily on securing their own vaccine supplies.
King Salman urged G-20 leaders to provide support to developing countries in a coordinated manner.
The Saudi monarch touted the G-20’s efforts to inject more than $ 11 trillion into the global economy this year as stimulus to support businesses and the most vulnerable.
He also praised the group for extending protections to those most affected by the global economic downturn, including the G-20 decision to suspend debt payments from the world’s poorest countries until mid-2021 to allow those nations to focus their expenses in medical attention and stimuli. programs.
“I am confident that the Riyadh summit will yield significant and decisive results and lead to the adoption of economic and social policies that will restore hope and tranquility to the people of the world,” said King Salman.
(With contributions from the agency)

Times of India