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The Group of 20 (G20) nations reached a consensus on a number of issues to advance development in the Global South, by failing to condemn Russia’s invasion of Ukraine, CNBC reported.
Under the Delhi declaration, G20 countries will seek to address a range of crucial global issues, such as the need for debt resolution frameworks, country-specific climate financing solutions, and equitable growth.
In a joint declaration following a two-day summit, officials said these commitments are important for developing nations striving to overcome economic challenges and climate-related problems.
To ensure these goals, India also facilitated the inclusion of the African Union as the second regional bloc to attain full membership in the G20, following the European Union.
One of the most notable points of the declaration is the G20’s departure from explicitly condemning Russia’s aggression against Ukraine. Instead of direct condemnation, the declaration highlighted the humanitarian suffering caused by the conflict and its negative impacts.
Observers explained that this shift in language indicates a diplomatic approach aimed at finding common ground among the G20 members. Even so, Ukrainian officials criticized the declaration as “nothing to be proud of.”
Apart from addressing global challenges, the summit also saw bilateral meetings between world leaders.
Indian Prime Minister Narendra Modi and US President Joe Biden emphasized the deepening partnership between their countries, including plans to develop an extensive transport network connecting India, Europe, and Middle Eastern countries.
This initiative not only aims to counter China’s influence but also aligns with efforts to expand regional connectivity and trade.
Analysts noted that one key takeaway from the summit and declaration is India’s role in facilitating this consensus.
India has positioned itself as a key global player advocating for the interests of the Global South. Despite challenges posed by objections from Russia and China regarding references to the Ukraine conflict, India’s diplomatic efforts succeeded in fostering a unified stance among the G20 members, the news outlet wrote.
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