The New Delhi Leaders’ Summit Declaration was approved on Saturday after member states reached consensus, a significant victory for India’s G20 presidency.
While addressing the second session of the Summit at the Bharat Mandapam, Modi stated, “have just received the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on the New Delhi G20 Leaders Summit Declaration.”
Excerpts From The New Delhi Declaration
Following are the excerpts from the New Delhi Declaration
1. Ukraine
- In battle in Ukraine, all states should avoid danger or utilization of power to look for regional securing against regional uprightness and sway or political freedom of any state
- In battle in Ukraine, the use or danger of purpose of atomic weapons is prohibited
- On the Ukraine emergency, “there were various perspectives and evaluations of the circumstance” – Serene goal of struggles, and endeavors to address emergencies as well as tact and discourse are basic
- The present period should not be of war.
2. On Food And Energy Security
- Approach Russia and Ukraine to guarantee prompt and unobstructed conveyances of grain, staples, and manures/contributions from Russia and Ukraine.
- Underscoring the significance of supporting food and energy security, called for discontinuance of military obliteration or different assaults on the applicable framework.
- The potential for elevated degrees of unpredictability in food and energy markets remains.
3. Financial and Economies Markets
- Our finance ministers and central bank governors will discuss moving forward with the cryptocurrency roadmap at their meeting in October.
- We renew our commitment to ensure a level playing field and fair competition by discouraging protectionism and market-distorting practices.
- We endorse the high-level recommendations for regulation, supervision, and oversight of crypto-assets, activities.
4. On Climate Change
- In line with national circumstances, efforts to phase down unabated coal power need to be accelerated.
- We will work to make low-cost financing available to developing nations to help them transition to low carbon/emissions.