February 27, 2023
1 min read

Derisking global economy a key concern of G20, says Jaishankar

He further said there would be 15 ministerial-level meetings of G20 this year besides the President and Prime Minister-level conclaves in September…reports Asian Lite News

The major concern of G20 would be to find ways of derisking the global economy, External Affairs Minister S. Jaishankar said on Sunday.

Delivering a talk here on India’s year-long G20 Presidency, Mr. Jaishankar said the Prime Minister Narendra Modi-led NDA government has tried to cushion the consumers as much as possible from petrol price increases and taken measures to keep inflation down.

“Today, the world has learnt a lesson that security means not only physical security, not only economic security. It also means health security, food security. So, today we have to find a way of derisking the global economy, the way we would derisk a sector, the way we would derisk a business. That is a very major debate and I would say a very major concern of what the G20 would be looking at,” he said.

He further said there would be 15 ministerial-level meetings of G20 this year besides the President and Prime Minister-level conclaves in September.

The COVID-19 pandemic has today left a very deep psychological scar in the world and there is a deep sense of anger that the developed countries looked after themselves during the outbreak, the Union minister asserted.

Barring India, very few countries have made efforts to think about the rest of the world, Jaishankar added.

ALSO READ-‘India will become $40-trillion economy by 2047’

Previous Story

Scholz praises India’s G20 presidency

Next Story

‘G20 destabilized by West and used against Russia’

Latest from -Top News

‘Kill and Dump’ Haunts Balochistan Again

The latest killings have reignited accusations of extrajudicial executions and the use of counterterrorism laws to cover up custodial deaths in Balochistan….reports Asian Lite News Concerns have deepened across Balochistan following the

‘ASEAN Expands, But Keeps Its Soul’

Malaysian Foreign Minister Mohamad Hasan urged ASEAN to uphold its unity and strategic resolve amid intensifying geopolitical tensions and mounting external pressures…reports Asian Lite News Consensus and inclusivity will remain the cornerstones

Bangladesh bends to beat Trump’s blow

Dhaka seeks compromise as Trump’s 35% tariff looms large over key exports; Washington urges worker protections, factory relocation to US…reports Asian Lite News Bangladesh has opened the second round of critical trade

China seethes as US lands F-35s in PH

As US F-35 jets land in the Philippines for the first time, Manila cements its frontline role in Washington’s power play against rising China….reports Asian Lite News The Philippines is rapidly cementing
Go toTop

Don't Miss

What to expect from the G20 summit?

Inflation running at levels not seen in decades, an unfolding

G20 delegates participate in Yoga session in Siliguri

The delegates from G-20 member countries will get an oppurtunity