India exceeding Paris agreement targets: PM Modi at G20 summit

Andrew Cummings
November 22, 2020

As Democrat Mr Biden - an avowed multilateralist - prepares to replace Mr Trump as USA president in two months, the G20 statement struck a bolder tone on global trade, climate change and the role of the World Health Organization (WHO).

Climate change was also expected to top the agenda, with the change of U.S. leadership raising hopes of a more concerted effort at G20 level to fight global warming.

Earlier yesterday, Saudi Arabia's Minister of Investment Khalid al-Falih said this year's crisis has highlighted the importance of multilateral organisations.

Calling on worldwide community to jointly fight the COVID-19, President Xi said the G20 members should help build a global firewall against the disease.

Absent from the discussion was US President Donald Trump, who departed the virtual summit to head for a Virginia golf course as vaccine discussions were underway. Governments have reimposed lockdowns and curfews.

The G20 Leaders' Summit will focus on overcoming the COVID-19 crisis, tackling economic and socio-economic challenges caused by the pandemic, and finding ways to restore growth and build a better future with inclusiveness, resilience, and sustainability at its heart.

The International Labor Organization says an equivalent of 225 million full-time jobs were lost in G-20 countries alone in the third quarter of 2020. The group's member-countries represent around 85% of the world's economic output and three-quarters of global trade.

In a statement, the White House said Trump highlighted to his fellow world leaders at the G-20 summit that the US had "marshaled every resource at its disposal to respond to the crisis".

China supports the decision on DSSI extension and will continue to work with other parties for its full implementation, he said.

Johnson plans to attend two virtual events at the summit while self-isolating at home in London after coming into contact with someone who tested positive for COVID-19. "However, we will do our best to overcome this crisis through global cooperation", he said, as de facto leader Crown Prince Mohammed bin Salman looked on. "Time has proven us right", he said.

President Trump, meanwhile, is among other G-20 leaders expected to participate in the closed-door virtual sessions that are taking place Saturday and Sunday.

Without an opportunity to take the traditional "family photo", at the gala they projected a group portrait of G20 leaders onto the ruins of the historical town of Diriyah, close to the capital.

At the time, G-20 leaders vowed to share information and the material needed for research, to exchange epidemiological and clinical data, and to strengthen health systems.

"We must work to create the conditions for affordable and equitable access to these tools for all peoples", he told the group via video link.

Xi Jinping said China will offer help and support to other developing countries.

King Salman urged leaders to expand efforts to provide access to vaccines and treatments, as well as buoy the economies of developing nations wracked by the economic impacts of COVID-19. President Trump declined to join COVAX.

G-20 nations have agreed to suspend debt payments for the world's poorest countries until mid-2021 to allow those nations to focus their spending on health care and stimulus programs.

Other reports by iNewsToday