India is hosting the G20 presidency in new Delhi w.e.f. 8th
– 10th September, 2023, According
to a report by News 18, more than 40 world leaders are expected to take part in
the summit in New Delhi. As preparations for G20 Summit were in full swing and it was successfully
delivered by the Bharat during the 3 day program in New Delhi, it's worth
taking a closer look at the confirmed attendees and those who won't be
participating. President Joe Biden of the United States is scheduled to visit
India from September 7th to September 10th to participate in the summit. During
his visit, Biden will engage in discussions on collaborative measures to
address global challenges, encompassing the transition to clean energy and the
fight against climate change.
Lets have a look on the fundamental of
G20 and how it is beneficial to the member countries as well as to the entire
world.
Table of Contents
- Introduction
- Background
- Purpose and Scope
- Bharat's
Rise on the Global Stage
- Historical Overview
- Economic Growth and Development
- Diplomatic and Geopolitical Influence
- G20: An
Overview
- Origin and Purpose
- Bharat's Participation in the G20
- Significance of the G20 in Today's World
- Bharat's
G20 Presidency
- Objectives and Priorities
- Expectations and Challenges
- Benefits
for Bharat
- Economic Advancements
- Diplomatic Opportunities
- Strengthening Bilateral Relations
- Inclusion
of African Countries in the G20
- Rationale
- Challenges and Concerns
- Potential Benefits
- Bharat's
Approach to African Representation
- Diplomatic Efforts
- Economic Collaboration
- Strengthening Regional Ties
- Global
Implications
- Impact on Global Governance
- Advancing Sustainable Development Goals (SDGs)
- Strengthening South-South Cooperation
- Conclusion
- Bharat's G20 Presidency: A Catalyst for Change
- The Path Towards Inclusivity and Global Prosperity
1. Introduction
Background Bharat, known as Bharat in its native languages, is
poised to take on the presidency of the 18th G20 summit in the 8-10 September ,2023 and
as on today it is the 2nd day for the world leaders to be in New
Delhi for the “Delhi Declaration”. This opportunity is not merely symbolic but
carries immense weight in shaping global economic and political discourse. Bharat,
with its growing economic prowess and diplomatic influence, is expected to use
its presidency to further its own interests and contribute to the betterment of
the global community. One of the key proposals on the agenda is Bharat's
intention to include African countries as permanent members of the G20, a move
that holds significant implications for the continent and the world. And as
promised to the African Union, yesterday i.e. 9th September 2023 Mr
Modi proposed the name of African Union to be the 21st Member of G20
which was heavily voted and now G20 will be renamed as G21 with the inclusion of African Union.
Credit goes to Govt. of Bharat for this and special thanks to Mr Narendra Modi.
Purpose and Scope This write-up aims to explore Bharat's role as the G20 president and how it can benefit Bharat.
Additionally, it delves into the proposal to include African countries as
permanent members in the G20, discussing the rationale, challenges, and
potential benefits of this endeavor. The essay also evaluates the global
implications of Bharat's G20 presidency, focusing on its potential to advance
sustainable development goals and foster South-South cooperation.
2. Bharat's Rise on the Global Stage
Historical Overview Bharat's historical significance on the global stage
dates back centuries, with its contributions to trade, culture, and diplomacy.
However, in the modern era, Bharat's emergence as a global player gained
momentum after gaining independence in 1947. Since then, Bharat has actively
engaged in international affairs, striving to shape the world order.
Economic Growth and Development One of the most remarkable aspects of Bharat's
rise has been its economic growth and development. The liberalization of the Bharatn
economy in the early 1990s paved the way for rapid economic expansion. Today, Bharat
is one of the world's largest economies, boasting a robust industrial base, a
burgeoning middle class, and a dynamic services sector.
Diplomatic and Geopolitical Influence Bharat's diplomacy has also played a
pivotal role in its ascent on the global stage. It maintains diplomatic
relations with nearly every nation, actively participates in international
organizations, and has played crucial roles in peacekeeping missions.
Furthermore, Bharat's non-aligned foreign policy has allowed it to engage with
both Western and Eastern powers, contributing to global stability. India's
foreign policy underwent several changes and developments after Narendra Modi
took office as Prime Minister in 2014. His tenure has seen a more proactive and
assertive approach to foreign affairs with an emphasis on economic diplomacy,
regional cooperation, and a greater focus on India's global standing. Here are
some key aspects of India's foreign policy during this period:
1. Neighborhood First Policy: Modi's
government placed a strong emphasis on improving relations with India's
immediate neighbors, including Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan,
and Myanmar. The "Neighborhood First" policy aimed to enhance
regional stability, connectivity, and economic cooperation.
2. Act East Policy: Building on the Look
East Policy, Modi's government rebranded it as the Act East Policy, focusing on
strengthening ties with Southeast Asian nations, including Vietnam, Indonesia,
and Japan. This policy aimed at bolstering economic, strategic, and cultural
relations in the Indo-Pacific region.
3. Balancing Act: India sought to balance
its relations with major powers like the United States, Russia, and China.
While it deepened its strategic partnership with the United States, it also
maintained its historical ties with Russia and pursued a cautious approach
toward China.
4. Economic Diplomacy: The Modi government
prioritized economic diplomacy and aimed to attract foreign investments through
initiatives like "Make in India" and "Startup India." It
sought to enhance India's economic integration with the world and promote the
country as a global manufacturing hub.
5. Multilateral Engagement: India actively
engaged in multilateral forums like the United Nations, BRICS (Brazil, Russia,
India, China, South Africa), G20, and the Shanghai Cooperation Organization
(SCO). It also made efforts to secure a permanent seat on the UN Security
Council.
6. Security and Counterterrorism: India
continued to focus on counterterrorism cooperation with various nations and
sought to isolate Pakistan diplomatically on the issue of terrorism emanating
from its territory.
7. Climate Change and Renewable Energy:
India took a more proactive stance on climate change, emphasizing the
importance of sustainable development and renewable energy. It played a
significant role in the negotiations leading to the Paris Agreement.
8. Global Health Diplomacy: India's
leadership in the pharmaceutical industry made it a key player in the global
response to health crises, such as supplying medicines and vaccines to
countries during the COVID-19 pandemic.
9. Cultural Diplomacy: The government
promoted Indian culture and soft power through initiatives like the
International Day of Yoga and cultural festivals abroad, which aimed to enhance
India's cultural influence.
10. Border Disputes: India faced ongoing
border disputes with China, which escalated into the Doklam standoff in 2017
and a deadly clash in the Galwan Valley in 2020. Managing these disputes while
maintaining diplomatic channels was a significant challenge for India's foreign
policy.
3. G20: An Overview
Origin and Purpose The Group of Twenty (G20) is an international forum for
governments and central bank governors from 19 countries and the European
Union. It was established in 1999 in response to financial crises in the late
1990s, with the goal of promoting international financial stability and
fostering sustainable economic growth.
Bharat's Participation in the G20 Bharat has been an active member of
the G20 since its inception. It has consistently participated in G20 meetings,
discussions, and initiatives, recognizing the forum's significance in
addressing global economic challenges. Bharat has used its G20 membership to
advocate for the interests of emerging economies and developing nations.
Significance of the G20 in Today's World In the 21st century, the G20 has
evolved into a key platform for addressing global economic issues. Its member
nations collectively represent over 80% of the world's GDP and two-thirds of
its population. The G20 is instrumental in coordinating policies, responding to
global crises, and driving economic growth through collaboration and dialogue.
4. Bharat's G20 Presidency
Objectives and Priorities As Bharat successfully hosted the G20
presidency in New Delhi during 8-10 September, 2023, it has outlined several
key objectives and priorities for its tenure. These include:
- Fostering Inclusive
Growth: Bharat
seeks to ensure that economic growth benefits all segments of society,
particularly the marginalized and vulnerable populations.
- Sustainable
Development: Bharat is
committed to advancing the Sustainable Development Goals (SDGs) and promoting
environmentally sustainable practices.
- Reforming
Global Financial Systems: The country aims to address issues related to
international taxation, financial regulation, and global financial
architecture.
- Counterterrorism
and Security: Bharat
will focus on enhancing global cooperation to combat terrorism and
strengthen cybersecurity.
- Health
Security: Given the
experiences of the COVID-19 pandemic, Bharat will emphasize the need for
global health security and preparedness.
- Permanent
Seat in UNO: The debate
over UNSC reform continues within the United Nations, and progress has
been slow. It's important to note that any changes to the composition and
structure of the UNSC would require careful negotiations and consensus-building
among member states. Bharat's bid for a permanent seat is a part of this
larger discussion on making the UN more representative and effective in
addressing global challenges.
- Bharat is
in favour of giving more representation to other countries and to make
them member of G20 in upcoming years
Expectations and Challenges Bharat's G20 presidency faces both
high expectations and formidable challenges. Expectations include Bharat's
ability to provide leadership in addressing pressing global issues, fostering
economic recovery post-pandemic, and strengthening multilateralism. However,
challenges such as divergent national interests, geopolitical tensions, and
resource constraints must be navigated effectively.
During the G20 summit currently being hosted in New Delhi
from September 8th to 10th, 2023, Mr. Modi effectively orchestrated the entire
event. His ministers, S. Jayashankar, the Honorable External Affairs Minister,
and Mr. Amitabh Kant, the CEO of Niti Aayog, acted as leaders of the G20 and
presented the program excellently. The Government of India successfully
showcased India's rich legacy and the future of Bharat by highlighting the
upcoming developments that Bharat is embarking on.
5. Benefits for Bharat
Economic Advancements Bharat's G20 presidency offers significant economic
benefits for the country. Through its leadership, Bharat can shape global
economic policies to align with its interests, especially in trade, investment,
and technology transfer. Bharat's robust services sector, including information
technology, can gain increased global recognition and market access. Moreover, Bharat's
emphasis on sustainable development during its presidency can boost its
renewable energy sector and promote green initiatives.
Diplomatic Opportunities the G20 presidency provides a platform
for Bharat to strengthen its diplomatic ties with other member nations. Through
dialogue and cooperation, Bharat can build alliances and partnerships that
extend beyond the G20 context. Furthermore, Bharat's proactive approach to
global issues can enhance its reputation as a responsible global player.
Strengthening Bilateral Relations Bharat's G20 presidency can be used to
strengthen bilateral relations with key partners. By engaging in constructive
discussions and negotiations within the G20, Bharat can address trade barriers,
promote investment, and enhance diplomatic ties with countries like the United
States, China, Russia, and the European Union.
6. Inclusion of African Countries in the G20
Rationale Bharat's proposal to include African countries as
permanent members of the G20 reflects a commitment to greater inclusivity and
representation in global decision-making. The rationale behind this proposal is
multi-faceted:
- Economic
Significance: Africa is
home to some of the world's fastest-growing economies and emerging
markets. Including African nations in the G20 acknowledges their economic
contributions and potential.
- Global
Challenges: Many
global challenges, such as climate change, terrorism, and pandemics, have
a disproportionate impact on African countries. Their inclusion in the G20
allows for more comprehensive and effective solutions to these challenges.
- Fair
Representation: A more
diverse G20 composition ensures that a wider range of perspectives and
interests are considered in global policy-making.
Challenges and Concerns While the proposal to include African countries in the
G20 is commendable, it also presents several challenges and concerns:
- Size and
Diversity: Africa is
a vast and diverse continent with varying levels of economic development,
governance, and diplomatic influence. Selecting which African countries
should be represented in the G20 can be complex.
- Resource
Allocation: Expanding
the G20 to include additional members may strain the forum's resources and
decision-making processes.
- Geopolitical
Dynamics: The
inclusion of African countries may alter the existing balance of power
within the G20, potentially leading to geopolitical tensions.
Potential Benefits The benefits of including African countries in the G20
are substantial:
- Enhanced
Representation: African
countries can voice their concerns and interests on a global platform,
contributing to fairer and more inclusive global governance.
- Economic
Cooperation: The G20
can foster economic cooperation between African nations and other major
economies, leading to increased trade and investment.
- Development
Assistance: Greater
G20 involvement can result in increased development assistance and support
for Africa's sustainable development goals.
7. Bharat's Approach to African Representation
Diplomatic Efforts Bharat has actively engaged with African nations through
various diplomatic channels, including the Bharat-Africa Forum Summit. As G20
president, Bharat can leverage these existing relationships to build consensus
among African countries for their inclusion in the G20.
During the Summit in Delhi, the African Union was added to the
Group as 21st Member
Economic Collaboration Bharat's growing economic ties with African nations
provide a solid foundation for collaboration within the G20. Bharat can
advocate for trade and investment opportunities that benefit both African
countries and the G20 as a whole.
Strengthening Regional Ties Bharat can work towards strengthening
regional organizations in Africa, such as the African Union (AU). Collaborating
with the AU can facilitate a coordinated approach to African representation
within the G20.
8. Global Implications
Impact on Global Governance The inclusion of African countries in
the G20 would mark a significant step towards a more representative and
equitable global governance structure. It can help address global challenges
more effectively by incorporating diverse perspectives and experiences.
Advancing Sustainable Development Goals (SDGs) The G20, with African representation,
can play a crucial role in advancing the SDGs. Africa faces unique development
challenges, and its participation in the G20 can lead to more focused and
effective efforts to achieve these goals, particularly those related to poverty
reduction, healthcare, education, and gender equality.
Strengthening South-South Cooperation The G20 has the potential to foster
South-South cooperation, with Bharat and African nations at the forefront. This
collaboration can extend beyond economic matters to address issues like climate
change, security, and global health, benefiting not only Bharat and Africa but
also the entire global community.
9. Conclusion
Bharat's G20
presidency presents a unique opportunity for Bharat to exert influence on
global economic and political matters. Through its leadership, Bharat can
advance its own interests, promote sustainable development, and foster greater
inclusivity by advocating for the inclusion of African countries as permanent
members in the G20.
While challenges and concerns exist, the potential
benefits of this inclusion are vast, including enhanced representation,
economic cooperation, and the ability to address global challenges more
comprehensively. Bharat's diplomatic efforts, economic collaboration, and
regional engagement with African nations can pave the way for a more inclusive
and prosperous G20 and contribute to a more equitable global governance
structure.
In the broader context, Bharat's G20 presidency can
reshape global economic and political discourse, advance sustainable
development goals, and strengthen South-South cooperation. As Bharat prepares
to take on this pivotal role, it has the opportunity to become a driving force
for positive change on the global stage, benefiting not only itself and Africa
but also the entire world.
Highlights of the ongoing Summit in New Delhi
Following are as per the report published online by https://business.outlookindia.com on Published on : 09 Sep 2023, 5:01 pm
Reference : www.business.outlookindia.com
·
Information from open source available on google