In the 1990s, a major financial crisis in Asia followed the decision to create an organization for international economic cooperation. Accordingly, the G20 organization was formed in 1990.
While last year Indonesia was in charge, this year India has assumed the charge. Similarly, next year Brazil is going to take the leadership. The leadership has been handed over to Brazil yesterday. It was the highlight of the G20 summit.
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, UK, European Union and USA are in this G20. It is now joined by the African Union.
India has successfully completed the G20 Summit to the surprise of the world.
Many of the world's top leaders like US President Joe Biden, French President Emmanuel Macron, UK Prime Minister Rishi Sunak and Canadian Prime Minister Justin Trudeau were also present. Only Russian President Putin and Chinese President Xi Jinping did not attend.
Many important decisions were taken at this summit. In particular, the integration of the African Union into the G20 system was seen as a very important decision. This will ensure the next level of development for African countries.
In the closing speech, Prime Minister Modi said, "In order to move the world towards a better future, it is necessary for all international organizations to be in line with the current realities. When the UN Security Council was started, only 51 countries were members. But now there are 200 countries. But the number of permanent members in the United Nations Security remains the same as as it was in the beginning. The world has changed. All sectors must reflect the change," he said.
Prime Minister Modi has expressed his desire for India to be accepted as a permanent member of the Security Council. Countries including the United States have extended their support. No doubt that day will blossom soon.
Overall, Prime Minister Modi successfully conducted the G20 summit. The world admires him.
We also appreciate and congratulate!