Osaka, Japan: During the G20 summit, Prime Minister Narendra Modi on Friday said terrorism was the biggest threat to humanity, which not only killed innocents but also severely affected the economic development and social stability.
Speaking at the informal BRICS leaders’ meeting in Osaka, Modi said that there was a need to stop all the mediums of support to terrorism and racism. “Terrorism is the biggest threat to humanity. It not only kills innocents but also severely affects the economic development and social stability,” he said.
The Prime Minister, who is in Osaka for the G20 Summit, congratulated Jair Bolsonaro on being elected as the President of Brazil and welcomed him in the BRICS family. He congratulated Cyril Ramaphosa, too, on his election as the President of South Africa as the BRICS (Brazil, Russia, India, China, and South Africa) leaders met on the sidelines of the G20 Summit Osaka.
In his remarks, Modi spoke about strengthening the WTO, fighting protectionism, ensuring energy security and the need to work together to fight terrorism.
“Today, I will focus on the three major challenges. First is the instability and downfall in the global economy. Unilateralism and competitiveness are overshadowing the rule-based multilateral global trade systems.
“Deficiency of resources, there is a shortfall of almost USD 1.3 trillion investment in the infrastructure,” he said.
The second one is to make development sustainable and all-inclusive. Fast changing technologies like digitalisation and climate change pose a challenge to the current as well as future generations, Modi said.
Development is worthwhile only when it reduces inequality and contributes to empowerment, he said.
Yesterday, Prime Minister Narendra Modi had arrived in Japan for the G20 Summit to attend important plurilateral meetings and meet with the world leaders including US President Donald Trump. This is the Prime Minister Modi’s sixth G20 Summit which is being held at Osaka on Friday and Saturday.