November 2, 2021
2 mins read

G20 Rome summit ends with more commitments

The two-day summit was held both online and offline under the Italian Presidency of the G20. Indonesia will take over the rotating presidency from December 2021…reports Asian Lite News

 The G20 Summit in Rome ended on Sunday with the adoption of a declaration reaffirming the crucial role of multilateralism and international cooperation in overcoming the global challenges arising from the Covid-19 pandemic.

The “G20 Rome Leaders’ Declaration” pledges to strengthen the common response to the pandemic and pave the way for a global recovery, with particular concern for the most vulnerable, Xinhua news agency reported.

The leaders of the world’s major economies have pledged to use all available tools to address the consequences of the pandemic, sustain the recovery and remain vigilant to global challenges such as supply chain disruption.

Pic credits @g20org

Highlighting the essential role of vaccines in the fight against the pandemic, they vowed to advance efforts to ensure timely, equitable and universal access to safe, affordable, quality and effective vaccines, therapeutics and diagnostics, with particular regard to the needs of low- and middle-income countries.

“We will take steps to help boost the supply of vaccines and essential medical products and inputs in developing countries and remove relevant supply and financing constraints,” the declaration said.

Regarding climate change, the leaders remain committed to the Paris Agreement goal to hold the global average temperature increase well below two degrees Celsius and to pursue efforts to limit it to 1.5 degrees Celsius above pre-industrial levels.

Pic credits @g20org

“This summit was a success,” said Italy’s Prime Minister Mario Draghi at the closing press conference, adding that cooperation is essential on issues like climate, wealth and poverty.

“The form of cooperation we know best is multilateralism,” Draghi said, calling on G20 members to act swiftly together.

The G20 members account for almost two-thirds of the world’s population, over 80 per cent of the global gross domestic product (GDP) and 75 per cent of global trade.

The two-day summit was held both online and offline under the Italian Presidency of the G20. Indonesia will take over the rotating presidency from December 2021.

ALSO READ: 1 Minute To Midnight On Doomsday Clock: Johnson at COP26

ALSO READ: Modi Meets Johnson At COP26 Climate Summit

Previous Story

Haj 2022 will be fully online, says Naqvi

Next Story

TAPI pipeline gets new life in Afghanistan

Latest from -Top News

India, US Step Up Trade Talks

The development comes in the backdrop of the new US ambassador Sergio Gor taking charge in the US embassy is New Delhi….reports Asian Lite News India and the United States are progressing

Lanka Marks Next Phase of Indian Housing Drive

Phases III and IV of the Indian Housing Project highlight India’s commitment to supporting and empowering Sri Lanka’s Indian-origin Tamil community….reports Asian Lite News Sri Lankan President Anura Kumara Dissanayake on Sunday

China’s Grab for Africa

China’s investments aim to strengthen its geopolitical influence and its high-tech manufacturing sector in Africa…reports Asian Lute News China is further consolidating its dominance in the rare earth elements sector by expanding

Pakistan Courts in Peril

The question now is whether Pakistan’s courts can continue to function as guardians of the law, or whether they will be reduced to instruments of control…reports Asian Lite News Pakistan judiciary’s independence
Go toTop

Don't Miss

India will take our issues to G20: Uganda

Ugandan High Commissioner Kikafunda expressed her views on India’s presidency

Y20 pre-summit kicks off in Ladakh

The pre-summit has been organized by the Ladakh administration, with