Prime Minister Narendra Modi today said ‘global governance has failed’ and multilateralism is in crisis as he opens a meeting of G20 foreign ministers where Russia’s war in Ukraine takes center stage from the scene.
Multilateral institutions have failed to address the world’s most pressing challenges, Prime Minister Modi said in a recorded message ahead of the first session of the Foreign Ministers’ Meeting.
“We must all recognize that multilateralism is in crisis today… The experience of recent years – financial crisis, climate change, pandemic, terrorism and wars – clearly shows that global governance has failed,” he said. -he declares.
“After years of progress, we are now at risk of backtracking on the Sustainable Development Goals. Many developing countries are saddled with unsustainable debt while trying to achieve food and energy security. They are also the most affected by global warming caused by richer countries. This is why India’s G20 Presidency has tried to give a voice to the countries of the South,” the Prime Minister said.
Prime Minister Modi has urged world leaders to find “common ground” on divisive issues.
“We meet at a time of deep global divisions. We have a responsibility to those who are not in this room,” the Prime Minister said.
“We must not allow problems we cannot solve together to get in the way of those we can.”
Prime Minister Modi said no group could claim global leadership without listening to those most affected by its decisions. “We need to focus on what unites us, not on what divides us,” he said.
Around 40 delegations are taking part in the G20 Foreign Ministers meeting at the Rashtrapati Bhavan Cultural Center.
In addition to G20 member countries, foreign ministers from nine invited countries are also attending the meeting – Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, Spain and United Arab Emirates.
Ministers are expected to discuss key global challenges as they meet amid a growing rift between the US-led West and the Russia-China combination over the war in Ukraine. India is preparing to make every effort for a joint statement at the end of the meeting.
Russia alleged on Sunday that the G20 finance ministers meeting in Bangalore ended without a joint statement due to the “confrontational” approach to Moscow by the “collective West” over the situation in Ukraine.