Derisking global economy a key concern of G20: EAM Jaishankar

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Derisking global economy a key concern of G20: EAM Jaishankar


External Affairs Minister S. Jaishankar delivering a speak on India’s G20 Presidency at a assembly organised by Hyderabad chapter of Forum for Nationalist Thinkers in Hyderabad on Sunday.
| Photo Credit: NAGARA GOPAL

The main concern of G20 can be to search out methods of derisking the global economy, External Affairs Minister S. Jaishankar stated on Sunday.

Delivering a speak right here on India’s year-long G20 Presidency, Mr. Jaishankar stated the Prime Minister Narendra Modi-led NDA authorities has tried to cushion the customers as a lot as doable from petrol worth will increase and brought measures to maintain inflation down.

“Today, the world has learnt a lesson that security means not only physical security, not only economic security. It also means health security, food security. So, today we have to find a way of derisking the global economy, the way we would derisk a sector, the way we would derisk a business. That is a very major debate and I would say a very major concern of what the G20 would be looking at,” he stated.

He additional stated there can be 15 ministerial-level conferences of G20 this 12 months moreover the President and Prime Minister-level conclaves in September.

The COVID-19 pandemic has immediately left a very deep psychological scar on this planet and there’s a deep sense of anger that the developed nations taken care of themselves through the outbreak, the Union minister asserted.

Barring India, only a few nations have made efforts to consider the remaining of the world, Mr. Jaishankar added.



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