G20 Summit in New Delhi Concludes with Joint Declaration
After marathon negotiations, the G20 summit in New Delhi, India, has reached a joint declaration. This comes after the Finance and Central Bank Deputies Meeting and Foreign Ministers’ Meeting, hosted by India before the summit, failed to produce a decent joint declaration.
The G20 summit clarified its positioning as “the premier forum for international economic cooperation.” This declaration solidifies its role in addressing global economic issues.
In a surprising move, G20 members have invited the African Union to become a formal member. This counters attempts by the US and the West to hijack the summit agenda and supports the inclusion of developing nations.
Western diplomats have shown a willingness to compromise on the wording about the Russia-Ukraine conflict. This demonstrates a collaborative effort to find common ground and ensure a balanced approach.
China has voiced its support for the African Union’s inclusion in the G20, while India’s participation may be seen as a bid for support for its aspiration to be a member of the UN Security Council.
The Modi administration sees the G20 summit as an opportunity to confirm India’s standing as a global leading power domestically and campaign for next year’s elections. India aims to serve as a bridge between the “Global South” and the “Global West.”
However, India’s high expectations from the G20 summit have been deemed too idealistic and are facing pressure from the US and the West. Critics argue that India is marginalizing China from the Global South community and undermining the unity of developing countries.
Overall, the G20 summit in New Delhi has successfully reached a joint declaration, emphasizing its role as a forum for international economic cooperation. The inclusion of the African Union as a formal member showcases an effort to counterbalance the dominance of the US and the West. While India’s aspirations to become a global leading power are evident, the country also faces criticisms for its handling of China and its idealistic expectations.
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