Supply chain disruptions, debt disaster are key international challenges: Jaishankar at G20 meet

By PTI

VARANASI: The prospects of a world financial restoration stay dim amid provide chain disruptions, extended debt disaster and pressures on power, meals and fertiliser safety, External Affairs Minister S Jaishankar stated on Monday, calling for a united international method to take care of the challenges.

In an deal with on the G20 Development Ministers’ conclave right here, he additionally stated that India has put ahead an formidable seven-year motion plan for accelerating progress on the Sustainable Development Goals (SDGs) that offered an built-in and inclusive roadmap for G20 actions.

The roadmap focuses on digital public infrastructure and fostering knowledge for improvement, investing in women-led improvement and power transition to guard the planet.

“The world today faces unprecedented and multiple crises — from the pandemics to the disruptions in supply chains, from the impact of conflict to climate events, our era is becoming more volatile and uncertain by the day,” Jaishankar stated.

“Added to this is the stubborn inflation, rising interest rates and shrinking fiscal space for many nations. As always in such times, the weak and vulnerable bear the brunt,” he stated.

The exterior affairs minister stated progress in direction of the SDGs was already falling quick earlier than the COVID-19 pandemic and that it has additional been exacerbated.

“Prospects of a global economic recovery remain dim amid supply chain disruptions, prolonged debt crisis and pressures on energy, food and fertiliser security,” he stated.

Jaishankar stated the event ministerial assembly of the G20 is a chance for “us to demonstrate solidarity on these development issues.”

“The decisions we make today have the potential to contribute to an inclusive, sustainable and resilient future,” he stated.

India is internet hosting the conclave of improvement ministers of the G-20 member nations from June 11-13 in its capability as the present chair of the grouping.

It is predicted to deal with disruptions in international provide chains, meals and power safety challenges and impacts of local weather change amongst different points.

The G20 improvement ministers’ conclave follows the Voice of the Global South Summit that was hosted by India in January, and the selections taken on the Varanasi meet may also contribute to the UN summit on SDGs in September.

VARANASI: The prospects of a world financial restoration stay dim amid provide chain disruptions, extended debt disaster and pressures on power, meals and fertiliser safety, External Affairs Minister S Jaishankar stated on Monday, calling for a united international method to take care of the challenges.

In an deal with on the G20 Development Ministers’ conclave right here, he additionally stated that India has put ahead an formidable seven-year motion plan for accelerating progress on the Sustainable Development Goals (SDGs) that offered an built-in and inclusive roadmap for G20 actions.

The roadmap focuses on digital public infrastructure and fostering knowledge for improvement, investing in women-led improvement and power transition to guard the planet.googletag.cmd.push(operate() googletag.show(‘div-gpt-ad-8052921-2′); );

“The world today faces unprecedented and multiple crises — from the pandemics to the disruptions in supply chains, from the impact of conflict to climate events, our era is becoming more volatile and uncertain by the day,” Jaishankar stated.

“Added to this is the stubborn inflation, rising interest rates and shrinking fiscal space for many nations. As always in such times, the weak and vulnerable bear the brunt,” he stated.

The exterior affairs minister stated progress in direction of the SDGs was already falling quick earlier than the COVID-19 pandemic and that it has additional been exacerbated.

“Prospects of a global economic recovery remain dim amid supply chain disruptions, prolonged debt crisis and pressures on energy, food and fertiliser security,” he stated.

Jaishankar stated the event ministerial assembly of the G20 is a chance for “us to demonstrate solidarity on these development issues.”

“The decisions we make today have the potential to contribute to an inclusive, sustainable and resilient future,” he stated.

India is internet hosting the conclave of improvement ministers of the G-20 member nations from June 11-13 in its capability as the present chair of the grouping.

It is predicted to deal with disruptions in international provide chains, meals and power safety challenges and impacts of local weather change amongst different points.

The G20 improvement ministers’ conclave follows the Voice of the Global South Summit that was hosted by India in January, and the selections taken on the Varanasi meet may also contribute to the UN summit on SDGs in September.