New Delhi / Riyadh:
Leaders of G20 member countries, including Prime Minister Narendra Modi, on Sunday emphasized that the diagnosis, treatment and vaccines of Covid-19 are affordable and equitable for all. No effort will be left to make it happen. In the wake of the pandemic, he also pledged to use all possible policy tools to protect people’s lives, jobs and income. The final manifesto was released after a two-day conference of leaders of the G20 member countries. The conference was also attended by Prime Minister Narendra Modi, US President Donald Trump and Chinese President Xi Jinping. The leaders also announced that in 2023, India will host the group’s conference (G20 Summit).
The leaders’ manifesto at the G20 Riyadh conference was released at the conclusion of the conference of heads of state or heads of heads of the world’s top 20 economies. In this, the leaders have said that the global economy has been severely affected due to the pandemic in 2020, while global economic activity has increased partially and “our economies are slowly reopening and the positive effects of our important policy initiatives have fructified.” However, he also said that the recovery of the economy is ‘uneven, highly uncertain and dependent on increasing downside risks.’
The G20 leaders also supported the anti-money laundering / counter-terrorism financing policy details of which are in FATF’s letter on Kovid-19. He reiterated his support for the ‘Financial Action Task Force’ (FATF) as a global standards setting unit for prevention of money laundering, financing of terrorism and funding for arms proliferation.
The leaders said in the manifesto, “We reiterate our strong commitment to deal with all sources, techniques and means of these threats.” We also reiterate our commitment to strengthen the FATF’s global network of regional units, including supporting their expertise in mutual evaluations and calling for a thorough, effective and speedy implementation of FATF’s global standards. ”
G20 leaders also said that the Kovid-19 epidemic and its unprecedented impact in terms of impact on people’s lives, livelihoods and economies have given such a shock that the preparedness and action has brought fragility and shared challenges. He said after deliberating on several issues related to the pandemic in the last two days, “We are committed to support all developing and underdeveloped countries as they face the health, economy and social impacts of Kovid-19 together.” Had to do it.
The leaders noted specific challenges in Africa and small island developing states. The leaders of the group committed to focus on the remaining global financial needs. The leaders also announced that India will host the group’s conference in 2023. It was decided to host India first in 2022.
Last year, the G20 manifesto in Osaka announced the event in India in 2022. However, on Sunday, Riyadh’s manifesto said, “We are looking forward to our upcoming conferences in Italy in 2021, in 2022 in Indonesia, in 2023 in India and in 2024 in Brazil.”
(Apart from the headline, this news has not been edited by the NewsBust team, it is published directly from the Syndicate feed.)