'India Is Well Aware Of Its Responsibilities': Agri Minister Tomar At G20 Meeting In Chandigarh
Addressing the event today, Union agriculture minister Narendra Singh Tomar said that it is a moment of pride for India for being able to organize events in the nation under the G20 presidency.
New Delhi: The maiden two-day G20 International Financial Architecture Working Group meeting under the presidency of India will be held today and tomorrow in Chandigarh.
Addressing the event today, Union agriculture minister Narendra Singh Tomar said that it is a moment of pride for India for being able to organize events in the nation under the G20 presidency. He further stated that India will host over 200 meetings at over 50 locations in the country during its presidency.
"It's a moment of pride&joy that we're organising events in the country under our G20 presidency. Over 200 meetings will be organised at over 50 locations in the country, around 2 lakh reps will come to India," ANI quoted the Agriculture & Farmers' Welfare Minister as saying.
It's a moment of pride&joy that we're organising events in the country under our G20 presidency. Over 200 meetings will be organised at over 50 locations in the country, around 2 lakh reps will come to India: Agriculture & Farmers' Welfare Min Narendra Singh Tomar, in Chandigarh pic.twitter.com/6fgEKaVmUd
— ANI (@ANI) January 30, 2023
Thanking all the delegates, Tomar stated, "India is well aware of its responsibilities as G-20 chair. Today, the world is facing complex challenges which are deeply interconnected and can't be defined by borders. The challenges that are being faced are global in nature - and they need global solutions. That's why the global community needs to focus on coordinated policy."
जी-20 2023 भारत की अध्यक्षता में होने वाली दो दिवसीय पहली अंतर्राष्ट्रीय वित्तीय संरचना कार्य समूह (आईएफए डब्ल्यूजी) की बैठक. https://t.co/jT98VGwMs8
— Narendra Singh Tomar (@nstomar) January 30, 2023
The meeting was inaugurated by Union minister Narendra Singh Tomar and food processing industries minister Pashupati Kumar Paras.
Around 100 delegates from the G20 countries, invitee countries, and international organisations participated in the two-day meeting.
In the meeting, participants will discuss ways to enhance the stability and cohesion of the global financial architecture and how to make it fit to address the global challenges of the 21st century, according to Anu P Mathai, economic advisor at the Department of Economic Affairs.
She further stated that the meeting will also focus on exploring ways to provide maximum support to poor and vulnerable countries.
The discussions during the two-day meeting will be jointly steered by the Ministry of Finance and the Reserve Bank of India along with France and Korea who are the co-chairs of the International Financial Architecture Working Group.
"The meeting will discuss ways to enhance the stability and cohesion of the international financial architecture and how to make it fit for addressing the global challenges of the 21st century," she said.
On the sidelines of the meeting on Monday, a G20 side event titled 'Central Bank Digital Currencies (CBDCs): Opportunities and Challenges' will also be held. The event is aimed at sharing countries' experiences and developing a deeper understanding of the macro-prudential implications of CBDCs, she said.
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