'Will Build On Historic Progress Of India’s G20 Presidency': Joint Statement From US, India, Brazil, S Africa

“As the G20’s current and next three Presidencies, we will build on the historic progress of India’s G20 Presidency to address global challenges,” according to the joint statement.

US President Joe Biden with PM Modi during G20 Summit.

Source : X/@POTUS

New Delhi: After G20 leaders adopted the historic 'Delhi Declaration' on Saturday, India, Brazil, South Africa, and the United States issued a joint statement reaffirming their commitment to the G20 as the premier forum for international economic cooperation to deliver solutions for the shared world.

As the G20’s current and next three presidencies, India, Brazil, South Africa, and the United States called for building on the “historic progress” of India’s G20 presidency to address global challenges.

"We, the Leaders of India, Brazil, South Africa, and the United States, met on the margins of the G20 Leaders’ Summit in New Delhi to reaffirm our shared commitment to the G20 as the premier forum for international economic cooperation to deliver solutions for our shared world," according to a joint statement.

“As the G20’s current and next three Presidencies, we will build on the historic progress of India’s G20 Presidency to address global challenges,” the statement further stated.

In this spirit, together with the World Bank President, the four countries welcomed the G20’s commitment to build better, bigger, and more effective multilateral development banks.

“This commitment underscores what we can do, by working together through the G20, to support our people toward a better future,” the statement said.

In a sign of the President’s steadfast commitment to the G20 as the premier forum for international economic cooperation, the United States will host the G20 in 2026.

Meanwhile, despite the challenges concerning the Russia-Ukraine war, G20 leaders arrived at a consensus and adopted the Joint Declaration at the New Delhi G20 Summit on Saturday.

Making the announcement, PM Narendra Modi had said, " I have received good news. Due to the hard work of our team, a consensus has been built on the New Delhi G20 Leaders' Summit Declaration. My proposal is to adopt this leadership declaration. I announce the adoption of this declaration. On this occasion, I congratulate my Sherpa and ministers, who worked hard for it and made it possible."