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Tuesday, July 16, 2024

G20 Achieves Consensus on Delhi Declaration: Key Points and Details

The Delhi Declaration was adopted at the G20 conference on Saturday while India held the presidency. Prime Minister Narendra Modi said that member nations had reached a consensus. The G20 session’s chair, PM Modi, welcomed the ministers and Sherpas who had worked to forge the consensus. The G20 summit will take place in the nation’s capital on September 9 and 10 and will be attended by the leaders of state of the major economies of the globe.

What is the Delhi Declaration?

With consensus eluding on the paragraph relating to the Ukraine conflict, India circulated on Friday a draft Summit Declaration among the member countries without the paragraph on the geopolitical issue in an attempt to hammer out a positive outcome, according to news agency PTI. The declaration places emphasis on strong, sustainable, balanced, and inclusive growth.

Speaking to the second session of the summit, the prime minister remarked, “Have just got the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on the New Delhi G20 Leaders Summit Declaration.” At Bharat Mandapam in Pragati Maidan, PM Modi was giving a speech.

India’s G20 Sherpa Amitabh Kant said in a post on X (formerly Twitter) that the Delhi Declaration was historic and path-breaking and said there was 100% consensus on all developmental and geopolitical issues.

Principal points of the Delhi Declaration

  • According to the declaration, no state shall use or threaten to use force against another state’s territorial integrity, sovereignty, or political independence in order to acquire territory.
  • The declaration mentioned that terrorism constitutes one of the most serious threats to international peace and security. All acts of terrorism are criminal and unjustifiable regardless of their motivation, wherever, whenever, or by whomever they are committed.
  • The document emphasises protecting the vulnerable through promoting equitable growth and enhancing macroeconomic and financial stability.
  • The declaration focuses on strong and sustainable growth, accelerating progress on sustainable development goals, a green development pact, and reinvigorating multilateralism.
  • The New Delhi Leaders Declaration stated that the G20 member countries are dedicated to promoting unrestricted, open and fair trade in the fields of agriculture, food, and fertilizers, with a commitment to refrain from imposing export restrictions.
  • The G-20 nations agree to remain committed to strengthening the global health architecture. Countries will enhance the resilience of health systems and support the development of climate-resilient and low-carbon health systems in collaboration with multilateral development banks (MDBs).
  • The New Delhi Leaders’ Declaration emphasized the necessity of aligning financial flows with climate objectives while expanding finance, capacity-building, and technology transfer with a focus on the priorities and needs of developing countries.

Delhi Declaration on Ukraine

 “Concerning the war in Ukraine, while recalling the discussion in Bali, we reiterated our national positions. All states must act in a manner consistent with the purpose of principles of the UN charter in its entirety. all states must refrain from the threat or use of force to seek territorial acquisition against the territorial integrity and sovereignty or political independence of any state”.

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