There should be no restrictions on energy supplies and stability in the energy market should be ensured, Prime Minister Narendra Modi has said. He added that the Ukraine conflict should be solved through diplomacy.
In his address at the G20 Summit in Bali on Tuesday, the Prime Minister said that climate change, the Covid-19 pandemic, the developments in Ukraine and the global problems associated with it have caused havoc in the world as the global supply chains are in "ruins".
"India's energy security is also important for global growth, as it is the world's fastest-growing economy. We must not promote any restrictions on the supply of energy and stability in the energy market should be ensured," he said.
His statement came at the session on food and energy security, also attended by world leaders like US President Joe Biden and Russian foreign minister Sergey Lavrov. Modi said India is committed to clean energy and the environment.
"By 2030, half of our electricity will be generated from renewable sources. Time-bound and affordable finance and sustainable supply of technology to developing countries is essential for inclusive energy transition," he added at the summit being held in this Indonesian city.
The Prime Minister also complimented Indonesia for its leadership of G20 in a challenging global environment.
Modi also repeated his call to solve the Ukraine crisis through talks. "I have repeatedly said that we have to find a way to return to the path of ceasefire and diplomacy in Ukraine. Over the past century, the Second World War wreaked havoc in the world," he said.
"After that, the leaders of that time made a serious effort to take the path of peace. Now it's our turn. The onus of creating a new world order for the post-Covid period lies on our shoulders," he noted.
The Prime Minister said the need of the hour is to show "concrete and collective resolve" to ensure peace, harmony and security in the world. "I am confident that next year when the G20 meets in the holy land of Buddha and Gandhi, we will all agree to convey a strong message of peace to the world," he said.
Meanwhile, in his opening address, Indonesian President Joko Widodo asked world leaders to follow the UN charter and called for an end to "the war." Earlier, Modi was accorded a warm welcome by the Indonesian President on his arrival at the Summit venue.
The Summit, for which leaders of the Group of 20 (G20) major economies have converged in Bali, is themed 'Recover Together, Recover Stronger' and focuses on global economic recovery, global health architecture, digital transformation, sustainable energy transition and climate change, among other topics.
The G20 comprises 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the USA and the European Union (EU). Together, they account for over 80 per cent of the global GDP, 75 per cent of international trade and two-thirds of the world population.
PM to hold bilateral talks
Before his departure, Prime Minister Narendra Modi had said that he would meet with leaders of several other participating countries, and review the progress in India’s bilateral relations with them.
Zelenskyy's address in 'G19'
In his virtual address with the world leaders, Ukrainian President Vlodomyr Zelenskyy outlined a series of conditions needed to end the war in Ukraine.
Adding that Russia must reaffirm the territorial integrity of Ukraine, Zelenskyy called for the pullback of Russian troops from Ukrainian territory and pay compensation for damage caused.
He also sought an international conference to "cement key elements of the postwar security architecture" and prevent a recurrence of "Russian aggression."
"When all anti-war measures are implemented, a document confirming the end of the war should be signed by the parties," he said.
Throughout his speech, he thanked the 'G19' – excluding Russia – for making it clear that there were "no excuses for nuclear blackmail."
