PM Modi in Brazil for G20 Summit

In News  – PM Modi in Brazil for G20 Summit

What Happened?

• PM Narendra Modi reached Rio de Janeiro, Brazil, to attend the 19th G20 Summit (Nov 18–19, 2024).
• This is the second leg of his three-nation tour (after Nigeria, before Guyana).
• India is part of the G20 Troika (Brazil–India–South Africa).
• Key attendees: Xi Jinping (China), Joe Biden (US), and other global leaders.

Background

• India hosted the G20 Presidency in 2023 with the theme: “One Earth, One Family, One Future.”
• Achievements of India’s Presidency:
  • African Union inducted as a permanent member of G20.
  • Adoption of a Leaders’ Declaration despite divisions over the Ukraine conflict.

Why Brazil 2024 G20 Summit Matters?

1. Geopolitical Significance
   • Follows India’s successful presidency → carries forward Global South agenda.
   • Opportunity for Modi to hold bilateral talks with major powers (US, China, Brazil).
2. Economic & Development Agenda
   • Global economic recovery post-pandemic.
   • Energy transition, sustainable finance, digital economy.
   • Brazil expected to focus on climate change, social inclusion, and multilateral reforms.
3. India’s Strategic Interests
   • Enhancing voice of Global South.
   • Showcasing continuity of leadership in G20.
   • Strengthening India–Brazil–South Africa (IBSA) partnership.
   • Deepening India–Latin America relations (first Indian PM visit to Guyana in 50+ years).
     
     Updated - November 18, 2024 08:53 am IST - Rio de Janeiro