G20 Summit: 'The G20 can still drive solutions to our most pressing problems’, US President Joe Biden says.

US President Joe Biden said on Sunday that this year’s summit had demonstrated that the G20 can still address our most pressing issues.

Taking to X, Biden tweeted, „At a time when the global economy is reeling from the overlapping shocks of climate crisis, fragility and conflict, this year’s summit proved that the G20 can still drive solutions to our most pressing issues.”

Earlier on Saturday, US President Biden highlighted the importance of the India-Middle East-Europe corridor and reaffirmed the US’s commitment to partner with its allies to support the development of sustainable and robust infrastructure, prioritizing high-quality infrastructure investments.

read more: Joe Biden Focuses on G20 Summit 2023: 'Building a Better Future, Investing in Quality Infrastructure and More’

He was addressing the Partnership for Global Infrastructure Investment (PGII) and India-Middle East-Europe Economic Corridor program at Bharat Mandap, Delhi.

In a post on X (formerly Twitter), President Biden wrote, „One Earth. One Family. One Future. That’s the focus of this G20 summit: building resilient infrastructure, making quality infrastructure investments and building a better future that means more opportunity, dignity and prosperity for all.” „

„Together, the United States, India, Brazil and South Africa reaffirm our shared commitment to the G20 – delivering solutions for our shared world,” Biden added.

Earlier on Friday, Prime Minister Narendra Modi and US President Joe Biden reaffirmed their countries’ commitment to building closer ties and stronger global semiconductor supply chains during a meeting ahead of the G20 leaders’ summit in New Delhi.

UN Biden reiterated US support for India’s long-standing demand for a permanent seat on the Security Council, and expressed support for India’s candidacy to the UNSC as a non-permanent member in 2028-29.

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Also read: Modi, Biden vow stronger ties, better chip supplies

„The leaders called on their governments to continue working to transform the India-US strategic partnership in all dimensions of our multilateral global agenda, based on trust and mutual understanding,” a White House joint statement said.

Defense cooperation received a boost during Modi’s June visit to the US after General Electric and Hindustan Aeronautics Ltd signed a memorandum of understanding (MoU) to manufacture GE F-414 jet engines in India for HAL’s light combat aircraft Mk2. The deal did not raise any objections to the notification process required by the US Congress, meaning the two governments can now negotiate the terms of the deal. This is expected to involve significant technology transfer to India.

(with inputs from agencies)

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Updated: 10 Sep 2023, 08:45 AM IST

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