The recently concluded G20 Summit in New Delhi, marked by the unanimous adoption of the G20 Declaration, has spotlighted India's prowess in generating consensus among a diverse group of countries, the Department of Economic Affairs said on Monday (November 6). This achievement underscores the nation's increasing influence on the global stage, emphasising the significance of multilateralism in addressing key global challenges.
During the closing ceremony of the New Delhi Leaders' Dialogue (NDLD), officials and leaders celebrated the milestone achievement of global unity. The DEA expressed pride in India's ability to rally nations with differing interests and priorities around shared goals.
"The unanimous adoption of the G20 declaration signifies India’s ability to generate consensus among a diverse set of countries," the statement said.
The NDLD, a key component of India's G20 presidency, has emerged as a high point for multilateralism, highlighting the significance of cooperative diplomacy in a world beset by multifaceted challenges.
Apart from fostering consensus on the international front, leaders at the summit emphasised the importance of domestic actions aligned with the G20 policy guidance.
Finance Minister Sitharaman also addressed the gathering, emphasising the importance of the NDLD in recognising the value of skill development. She stated, "NDLD recognises skill development and provides policy guidance for that," highlighting the role of human capital development in ensuring long-term economic stability and growth.
Chief Economic Advisor (CEA) echoed these sentiments, highlighting an upcoming significant event. "On November 22, leaders will be meeting virtually as part of the final meeting of India’s G20 presidency," CEA announced.
One of the central themes in the NDLD, underlining the G20 Declaration, pertains to fostering "strong, sustainable, and balanced growth." This theme underscores the group's collective commitment to sustainable economic development that benefits all nations.
In the coming days, the G20 presidency of India will organise outreach events to disseminate and act on the leader’s declaration. These initiatives are expected to further strengthen the commitment of G20 nations to collaborative solutions in the face of pressing global challenges.
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