Finance
On Tuesday, Prime Minister Narendra Modi unveiled the logo, theme, and website for India’s G20 presidency.
In a virtual address, Prime Minister Modi congratulated the countrymen on the historic occasion of India’s G20 presidency.
“‘Vasudhaiv Kutumbakam’ is the signature of India’s compassion to the world. The lotus portrays the cultural heritage and faith of India in bringing the world together,” he said.
“India is now about to take the leadership of G20; it’s a matter of great opportunity for India in its 75th year of Independence,” he said, and added that it is a matter of pride for all Indians and will bring greater glory for all the citizens of the country.”
Modi went on to say that all governments since independence, as well as the people of India, have contributed in their own way to moving India forward. “We must move forward with new energy, bringing the world with us,” he added.
According to the Ministry of External Affairs (MEA), India’s G20 presidency provides a unique opportunity for India to contribute to the global agenda on pressing international issues.
The logo, theme, and website for India’s G20 presidency would reflect the country’s “message and overarching priorities” to the world, according to the statement.
On December 1, India will take over the presidency of the powerful grouping from current chair Indonesia. The G20, also known as the Group of 20, is an intergovernmental forum comprised of the world’s major developed and developing economies. It comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union (EU).
The G20 is the premier forum for international economic cooperation, representing roughly 85% of global GDP, more than 75% of global trade, and roughly two-thirds of the global population.
Source:IE
