On the final day of the G20 Summit in India, Prime Minister Modi hands over the gavel to the President of Brazil.
According to a report Prime Minister Modi said, “I want to congratulate Brazil’s president and my friend Lula da Silva, and hand over the presidency’s gavel to him.” He sent Brazil his best wishes for the presidency. On December 1 of this year, Brazil will formally assume the role of the elite grouping’s president.
Lula da Silva addressed the crowd, praising Modi and complimenting India for its dedication to raising awareness of issues essential to developing countries. Lula da Silva also identified social inclusion, hunger relief, clean energy transition, and sustainable development as G20 priorities.
Modi proposes a virtual G20 summit in late November to review concerns:
India will continue to retain the G20 Presidency till November 2023. Modi proposed that the G20 convene a virtual session at the end of November. Modi, according to HT Modi’s report, “In the last two days, you have put forward your views, given suggestions and a number of proposals have been put forward. It is our responsibility that the suggestions that have come forth are closely looked upon as to how they can be speeded up.”
He added, “It is my proposal that we hold another session of the G20 virtually in November- end. In that session, we can review the issues that have been agreed upon during this summit. Our teams will share the details of it with all of view. I hope all of you will join this (session).”
Brazil will now chair the Group of 20 countries, which will now have 21 members. Since the African Union joined the alliance on Saturday, the group’s name has essentially been altered to G21. Several countries in the region have applauded the decision, which expands a bloc that currently accounts for 85% of world GDP.
