Bali:
The world has to find a way to return to the path of ceasefire and diplomacy in Ukraine, Prime Minister Narendra Modi said in his address at the G20 Summit in Bali, invoking the horrors of World War 2.
“I have repeatedly said that we have to find a way to return to the path of ceasefire and diplomacy in Ukraine. Over the past century, the Second World War wreaked havoc in the world. After that, the leaders of that time made a serious effort to take the path of peace. Now it’s our turn. The onus of creating a new world order for the post-Covid period lies on our shoulders,” the Prime Minister said.
He said the “need of the hour is to show concrete and collective resolve to ensure peace, harmony and security in the world”. “I am confident that next year when the G20 meets in the holy land of Buddha and Gandhi, we will all agree to convey a strong message of peace to the world,” he said.
India is set to take over the presidency of the G20, a powerful bloc that represents 85 per cent of global GDP and 75 per cent of global trade, and will be hosting the summit next year.
The Prime Minister underlined the global challenges of the Ukraine conflict, climate change and Covid pandemic and their impact on global supply chains. “There is a crisis of essentials, essential goods all over the world. The challenge for the poor citizens of every country is more severe. Everyday life was already a struggle for them. They do not have the financial capacity to deal with the double whammy,” he said.
“We should also not hesitate to acknowledge that multilateral institutions such as the UN have been unsuccessful on these issues. And we have all failed to make suitable reforms in them. Therefore, today the world has greater expectations from the G-20, the relevance of our group has become more significant,” the Prime Minister added.
