India’s access to energy, grains ‘very strong’ at G20: S Jaishankar
Foreign Minister S Jaishankar today emphasized that during the G20 presidency, India intends to address the issue of affordability and access to energy, grains and fertilizers “very strongly”. when the economies of the Southern Hemisphere were affected.
India officially assumed the G20 Presidency on 1st December. The next G20 Leaders Summit at Head of State/Government level is scheduled to be held on 9th and 5th. September 10 next year in New Delhi.
Speaking at a business event, S Jaishankar, who is on his first official visit to Cyprus as India and Cyprus celebrate 60 years of diplomatic relations, noted that efficiency and the provision of a global supply chain Demand is a common concern of all countries in the world today.
Today, affordability and access to energy, grains, and fertilizers “isn’t just our concern…it’s a bigger concern in the Southern Hemisphere. And certainly. that is a concern that we intend to address very strongly during the presidency of the G20 which we held on the first day of December,” he said.
The conflict in Ukraine has shut down the farming and agricultural exports that much of the world depends on. The consequence of the shortage was increased inflation with staples such as vegetable oils and sugar rising by more than 50%. The war also produced a sharp increase in energy prices and significant volatility in energy markets.
S Jaishankar said India is also working on using the G20 presidency to tackle climate change.
Noting that the issue of climate action is a global concern that, over the past few years, he said, “has really made each of us understand that this is not a hypothetical threat.” This is not something that we said will happen some day in the future…I think for vulnerable terrains, it (climate change) is becoming more and more important. care about”.
S Jaishankar said that as a country with 17% of the world’s population, India today contributes about 5% of the world’s emissions but “our commitment in tackling climate change is 100 per cent”. %”.
“We have led not only by massively expanding renewable energy in the country, one of the major initiatives we are currently working on is using the G20 presidency to promote but actually advocating a change in lifestyle.”
S Jaishankar said Prime Minister Narendra Modi also felt very clearly that making lifestyle changes would actually make a big difference to the environment.
The minister said that India is also at the forefront of two international initiatives – the International Solar Alliance and the Alliance for Resilient Infrastructure.
At a time when global pressures are driving the world away from its Paris climate commitments and its 2030 Agenda for Sustainable Development, India is sticking to both. that commitment.
“Among the G20 nations, we are on track to do ahead of time whatever we agreed to do in the Paris agreement,” he said.
S Jaishankar said there are seven areas of cooperation that India and Cyprus should consider together.
“Of course, one is the financial world…because Cyprus is an important route for financial flows into India. And if you’re looking at an economy that’s going to grow 6.5% a year. .cent plus…we are an increasingly relevant partner,” he said.
The second area is shipping, Jaishankar said, because India is doing everything to make it not only a stronger manufacturing power but also a more competitive agricultural export.
“So there’s going to be a lot more product coming out of India, and at the rate of growth that I set before you go to India,” he said.
The third area of cooperation is tourism. “The next wave will be Indian tourists,” said S Jaishankar.
The fourth area of cooperation is the knowledge economy.
“My fifth point is that we’re going to have to promote a culture of mobility. In a world where there’s demand there won’t necessarily be a demographic advantage. So how do we balance that? by demographics and demand?I think this is going to be a big challenge.
“Today with several members of the European Union we are negotiating travel and migration agreements. We have done this successfully with Portugal, Denmark, France and Germany. .. what i want to emphasize is that today India is a source of talent and skills and in a world of knowledge economy and globalization, i think those flows are what we need to address decided,” said S Jaishankar.
S Jaishankar said how comfortable India and Cyprus are with each other, it’s also worth thinking about working together in a third country, maybe in Africa, or maybe in other parts of the world, where both New Delhi and Nicosia have some history. presence.
And finally, the minister said, he wanted to emphasize that the Mediterranean is an area of increasing interest to India.
“As a foreign minister of a country that is rapidly globalizing and its footprint, interests and influence will expand over time…And so…here (Mediterranean) ) is an area where there will definitely be more Indians and when that happens, and when that happens to us, the relationship with Cyprus is something that will be anchor in that respect. there,” he said.
(Except for the title, this story has not been edited by NDTV staff and is published from an aggregated feed.)
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