G20 Summit: Terrorism, climate change to top PM Modi’s agenda

New Delhi(PTI): Prime Minister Narendra Modi is likely to raise issues related to terrorism, climate change and global cooperation to unearth black money, among others, during the two-day G-20 Summit beginning tomorrow, where talks would be dominated by attacks in Paris and war in Syria. The Summit of leaders from 20 top economies of the world, being held at a time when the global economic growth is slowing down, is expected to be attended by US President Barack Obama, Russian President Vladimir Putin, British Prime Minister David Cameron, German Chancellor Angela Merkel and Chinese President Xi Jinping, among others. As world leaders congregate in this Turkish resort town, Friday night’s ghastly terror attacks in Paris, ongoing war in nearby Syria, the migrant crisis in the region and the need for strengthening the crackdown against terrorism will take the centre stage.

PM Modi

French President Francois Hollande cancelled his visit for the G20 meeting in the wake of the attack.

The host country has been pressing for a discussion at the 10th G20 Summit on the conflicts in Syria and the worst migrant crisis since World War II. Some world leaders including Modi are also likely to voice concern over delay in implementation of the quota reform of the International Monetary Fund (IMF), aimed at giving more voice and voting power to the emerging economies as well as providing a pitch for cutting transaction cost for transferring money from abroad.

Earlier this week, China has also pitched for IMF quota reforms and said it wants the G20 to reform the voting rights at the multilateral lending agency to give emerging economies a larger role. Modi, who was scheduled to arrive here late tonight from London after completing his three-day UK visit, is also likely to hold bilateral meetings with some of the G20 leaders on the margins of the Summit, as also with IMF Chief Christine Lagarde.

On the sidelines of the event, BRICS nations — Brazil, Russia, India, China and South Africa — will meet to review progress of their two recent initiatives – the BRICS bank and the contingent reserve arrangement.
The G20 countries account for 85 per cent of the world economy, 75 per cent of the global trade and two-third of the world’s population.

Posted by on November 14, 2015. Filed under Nation. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.