The meeting of foreign ministers of G20 countries has started in Delhi. Representatives of 20 major economies of the world including the US, Russia, China, Britain, and France have participated in it. In the inaugural session of the meeting, PM Modi said – After several years of progress, today there is a risk in front of us that we may go backward in the Sustainable Development Goals.
The Prime Minister said- Many developing countries are currently buried under such debts for food and energy security, which they are unable to handle. The poor countries are the most affected by global warming caused by the rich countries. Due to this, India has tried to become the voice of the Global South under the G20 Presidency.
Modi said – Global governance has failed
We meet at a time when the world is deeply divided. In the last few years, we have seen economic crises, climate change, pandemics, terrorism, and war. It has become clear from this that global governance has failed. Institutions designed to handle the world's most pressing issues have failed to meet the biggest challenges.
Jaishankar said - even if there is no consensus, work together
Foreign Minister S Jaishankar said – G20 countries have an extraordinary responsibility. We came together for the first time amid a global crisis and today once again we are facing many crises, such as the Corona pandemic, the Russia-Ukraine war, and climate change. We don't need to agree on these issues, but we have to find a solution together.
Russia-Ukraine can be discussed in the meeting
After about five months, apart from Russia and America, China's foreign ministers are present on the same platform. Though the session started on Wednesday, an important discussion is happening today.
A day before the meeting, India's Foreign Secretary Vinay Kwatra reiterated what had made global headlines a few months ago. Prime Minister Modi had then told Russian President Vladimir Putin – this is not the time for war, but for talks.
It is believed that during or on the sidelines of the meeting, India's Foreign Minister Jaishankar will hold talks with the concerned parties to stop the Russia-Ukraine war. So far there have been at least three occasions when the US told open forums that India should use its influence to stop the war.
China move
According to a report in 'The New Yorker', China had proposed a few days ago to end the Russia-Ukraine war. There were four points in this. Surprisingly, three out of four points were such that it seemed that the war was not started by Russia, but by Ukraine. An appeal has been made to Russia to end the war at just one point. Overall, China did this trick to gain a diplomatic advantage. This is the reason why no one took this proposal seriously.
After the start of the war, India and China imported the most crude oil from Russia. Both countries refined it and exported it and thus increasing their foreign exchange reserves. America and its allies have now kept silent on this. The reason for this is that the Russia-Ukraine war may end soon, but America will need India to compete with China in many parts of the world apart from Asia, due to which it does not want to anger India.
...and India's dominance
'Bloomberg' had said in a report published in January - After Kovid, every country in the world wants to maintain a trade balance. There is a bilateral trade of about $ 115 billion between India and China. 60% of this is in favor of China. Obviously, despite the tension on LAC, China cannot afford to lose a big market like India under any circumstances.
On the other hand, there is India. Its domestic market and the middle class are so big that it doesn't matter much. This was also clearly visible in about three years of Kovid-19. Where the world's big economies were under tremendous pressure, India's growth rate was not affected much. Many experts and rating agencies around the world have already said that India's growth rate this year will be 6.7%, which is the highest in the world.
China, Iran, and North Korea. These three countries are the ones who directly helped Russia during the war. The western world is very angry with this. This is the reason why strict sanctions have been imposed on Russia, China, and North Korea are also paying the price for it. For example, America blacklisted some Chinese companies by accusing them of espionage. There are already tough sanctions on North Korea and Iran.
Will the Sino-US dispute stop in Delhi?
Recently, Chinese balloons were seen in Montana and Carolina in America. China said- This is a balloon to collect weather information, it went to America by mistake. Joe Biden gave the order and the US Air Force shot it down in the blink of an eye. Refused to return the wreckage to China. The rhetoric intensified in both countries.
The matter became more serious when US Secretary of State Antony Blinken canceled his visit to China. The special thing is that if Blinken had gone to China, this would have been his first meeting with Jinping's new foreign minister, Qin Geng.
However, now the Foreign Ministers of China and America are present on one platform in New Delhi. It is believed that some ice will melt between the world's two largest economies and both will then come to the table for talks. When the White House spokesperson was asked about this, he only said that talks will be held with many countries on many issues in New Delhi. The matter seemed to worsen when the US State Department said on Wednesday evening – there will be no bilateral talks between Foreign Secretary Blinken with the Foreign Ministers of Russia or China.
Another issue is related to China-Australia. Recently, the Australian government ordered every ministry of the country to immediately remove the CCTV cameras that have been purchased from Chinese companies. China broke down on this. If the Foreign Ministers of China and Australia meet in Delhi, then this issue will be discussed.
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