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New Delhi: India’s presidency of G20 or the Group of 20 has been able to bring all member countries to the table on the issue of war in Ukraine and brought to the fore the voice of the emerging markets as moderators, said foreign policy experts, highlighting the country's heritage as the voice of reason. The New Delhi Declaration issued on the first day of the two-day G20 Summit set the direction of future negotiations on important economic issues including climate financing which has for the first time put $5.9 trillion number to the green financing requirements for developing countries, reforms in multilateral banks, international taxation and sustainable development.

India will offer Russia options to invest the billions in rupees it has accumulated for exports, Foreign Minister Sergei Lavrov said Sunday in New Delhi. “Our Indian friends said they would propose promising areas they can be invested in,” Lavrov told reporters, citing talks with Indian counterpart Subrahmanyam Jaishankar in Jakarta, Indonesia, on the sidelines of the East Asia summit prior to his arrival to India. “Right now our governments are talking how to use and invest them to mutual benefit.” He didn’t provide further details. Lavrov also said Russian arms contracts with India remain in force, despite difficulties with payments caused by sanctions imposed by the US and its allies over Russia’s invasion of Ukraine. Russia has emerged as a top supplier of oil to India over the past year, settling a greater share of trade in national currencies and redirecting shipments east as traditional customers in Europe shunned purchases after President Vladimir Putin invaded Ukraine.

Sergei Lavrov claimed a diplomatic win on Sunday, declaring a G20 summit in India a «success» after the bloc shied away from direct criticism of Moscow's invasion of Ukraine. «We were able to prevent the West's attempts to 'Ukrainize' the summit agenda» Lavrov said as the two-day meeting of leaders closed.

India’s Prime Minister Narendra Modi touted his country as well-placed to bridge gaps in the Group of 20 top economies and solve global problems

Egypt’s annual inflation rate has hit a new record high in August, as the cash-strapped country continues to battle price hikes and a depreciating currency

New Delhi G20 declaration is a «major step forward in this effort», a senior US official said on Sunday. Principal Deputy National Security Advisor of the White House Jon Finer told the media on board Air Force One that the joint statement issued yesterday builds on the Bali G20 declaration and UN resolutions to send «an unprecedented unified statement on the imperative that Russia refrains from using force for territorial acquisition» and abide by UN charter. «The G20 Countries have signed up to the Bali language (declaration) last year and the vast majority of G20 countries have supported multiple UN resolutions that call out Russia's illegal aggression.

G20 Summit, which saw member nations soften their condemnation of Russia for its war in Ukraine. Unlike the 2022 Bali Declaration, the joint declaration in Delhi did not directly name and condemn Russia for its war in Ukraine. This approach has come in from criticism from some quarters.

Narendra Modi. PM Modi announced on Saturday that the leaders of G20 countries have reached a consensus on the New Delhi G20 Leaders Declaration.

Russia and the U.S. both praised a G20 summit declaration that stopped short of directly criticising Moscow for the war in Ukraine as the bloc's leaders headed into the final day of deliberations on Sunday. The world's biggest economies adopted a consensus declaration in New Delhi on Saturday that avoided condemning Russia for the war but highlighted the human suffering the conflict had caused and called on all states not to use force to grab territory. «Everything was reflected in a balanced form,» Svetlana Lukash, the Russian G20 sherpa, or government negotiator, was quoted as saying by Russian news agency Interfax. «All members of the G20 have agreed to act as one in the interests of peace, security and conflict resolution around the world.» White House national security adviser Jake Sullivan told reporters the declaration «does a very good job of standing up for the principle that states cannot use force to seek territorial acquisition or to violate the territorial integrity and sovereignty or political independence of other states». Germany and Britain have also praised the resolution but Ukraine has said «it was nothing to be proud of».CATCH ALL LIVE UPDATES OF G20 SUMMIT HERE In the weeks leading to the summit, sharply differing views on the war had threatened to derail the meeting, with the West demanding members call out Moscow for the invasion and Russia saying it would block any resolution that did not reflect its position. The summit also admitted the African Union which includes 55 member states, as a permanent member of the G20. On Sunday, the leaders, including U.S.

Hindustan Times, citing media reports, India circulated the final draft to the G20 members on Friday night, saying if the group leaders did not agree to it, there would be no declaration. Speaking about the declaration, Amitabh Kant said that the most complex part of the entire G20 Summit was to bring consensus on the geopolitical paras which took more than 200 hours of non-stop negotiations. “The most complex part of the entire #G20 was to bring consensus on the geopolitical paras (Russia-Ukraine).

G20 summit declaration, which refrained from explicitly condemning Moscow for its actions in the Ukraine conflict. Russia expressed the view that the leaders of the G20 acted in the spirit of conflict resolution as discussions continued on Sunday, Reuters reported.

Lula da Silva said on Saturday that Russian leader Vladimir Putin would not be arrested in Brazil if he attends the Group of 20 meeting in Rio de Janeiro next year. Interviewed on the sidelines of the G20 meeting in Delhi by news show Firstpost, Lula said Putin would be invited to next year's event, adding that he himself planned to attend a BRICS bloc of developing nations meeting due in Russia before the Rio meeting. «I believe that Putin can go easily to Brazil,» Lula said. «What I can say to you is that if I'm president of Brazil, and he comes to Brazil, there's no way he will be arrested.» The International Criminal Court issued an arrest warrant against Putin in March, accusing him of the war crime of illegally deporting hundreds of children from Ukraine.

Congress leader Shashi Tharoor on Sunday hailed India's G20 Sherpa Amitabh Kant for the 'Delhi Declaration' consensus, and said it was a «proud moment for India at G20». Tagging Kant's remarks in an interview on how the consensus was achieved on the paragraphs on Russia-Ukraine, Tharoor said in a post on X, «Well done @amitabhk87!Looks like the IFS lost an ace diplomat when you opted for the IAS!» "'Negotiated with Russia, China, only last night got final draft,' says India's G20 Sherpa on 'Delhi Declaration' consensus.

India's strong leadership made it possible for G20 leaders to reach consensus in intense discussions on a summit message urging nations to shun use of force in territorial disputes, a senior European Union official said on Sunday. For weeks before the New Delhi meeting, the bloc struggled to agree on a reference to the Ukraine conflict, with the West pressing for Moscow to be called out for its invasion, while Russia vowed to block any resolution not reflecting its views. "(The) Indian presidency has been very strong and after intense negotiations, the unanimous outcome was quite productive," said the official, who was aware of the G20 talks, but sought anonymity. «Without India's leadership it would not have been possible,» he added, referring to the summit declaration. The declaration adopted by the Group of 20 on Saturday, when it began the two-day summit, avoided condemning Russia for the war in Ukraine but urged all states not to use force to grab territory. The bloc's leaders also called for implementation of the Black Sea initiative for the safe flow of grain, food and fertiliser from Ukraine and Russia. The EU official, however, said there was not a single word on the Black Sea grain deal from Russia, which finds itself more isolated after the summit. «Russia should have participated, with President Putin sitting down at the table and listening to the criticism from European and global leaders,» the official said, adding, «But he has chosen not to come and participate.» The official said, «The European Union leadership made the points very strongly during the session.

Russia launched an air attack on Kyiv early on Sunday, with blasts ringing out across the Ukrainian capital and its region for almost two hours and drone debris falling on several of the city's central districts, Ukrainian officials said. Ukraine's Land Forces said that the country's air defence systems destroyed 25 out of 32 Russia-launched Iran-made Shahed drones, most of which targeted Kyiv and the Kyiv region. Reuters witnesses heard at least five blasts across Kyiv, and Ukrainian media footage showed a number of cars damaged. «Drones came onto the capital in groups and from different directions,» Serhiy Popko, head of Kyiv's city military administration, said on the Telegram messaging app.Kyiv Mayor Vitali Klitschko said that one person was injured in the historic Podil neighbourhood and a fire broke out near one of the city's parks. Debris from downed drones fell on the Darnytskyi, Solomianskyi, Shevchenkivskyi, Sviatoshynskyi and Podil districts, Klitschko and the city's military administration said. In the Shevchenkivskyi district, drone debris sparked a fire in an apartment, which was quickly extinguished. There were no immediate reports of injuries, Popko said on the Telegram messaging app. There was no immediate comment from Russia about the attacks.

Russia needs to replenish its supplies of ammunition for what could be a long war of attrition. Along with ramping up its domestic arms production, Moscow is turning to an old ally with a vast arsenal — North Korea. Estimates say the reclusive and isolated Asian country has tens of millions of artillery shells and rockets that could give a huge boost to the Russian army. United States officials expect North Korean leader Kim Jong Un to visit Russia in the coming days to seal a possible deal on munitions transfer with President Vladimir Putin.

G20 leaders are paying their respects at a memorial site dedicated to Indian independence leader Mahatma Gandhi on the final day of this year's summit

G20 declaration that was adopted at the Leaders' Summit here, India's G20 Sherpa Amitabh Kant said on Sunday. The team of diplomats, including joint secretaries Eenam Gambhir and K Nagraj Naidu, held 300 bilateral meetings and circulated 15 drafts with their counterparts on the contentious Ukraine conflict to drive home a consensus that was clinched on the first day of the G20 Leaders Summit itself. «The most complex part of the entire G20 was to bring consensus on the geopolitical paras (Russia-Ukraine).

India secured a consensus on the G20 declaration, defying concerns over sharp divisions among member nations regarding the Ukraine conflict. This achievement was the result of a series of rigorous negotiations involving India, China, Russia, and other Western nations, with the backing of Brazil, South Africa, and Indonesia, a PTI report stated quoting sources. Prime Minister Narendra Modi, on the first day of the summit, surprised many by announcing the adoption of the G20 leaders' declaration with unanimous agreement.

G20 adopted the New Delhi Declaration unanimously on Saturday, calling for coordinated steps to support the world economy that faces an uncertain outlook, along with expeditious and effective redressal of the debt vulnerabilities of low and middle-income countries. The declaration marked a significant diplomatic success for India's presidency in the face of divisions that had cropped up, especially over the Ukraine war. In the 83-paragraph declaration, the India-led G20 proposed scaling up inclusive action against climate change with a green development pact and sustainable development goals, admitted the African Union in the group, put crypto-asset regulation on the global agenda, and committed to reforming multilateral development banks (MDBs). There were widespread fears the summit may end without a declaration due to divergence over the Ukraine-Russia conflict that shadowed all ministerial meetings before the Leaders' Summit. «History has been created with the adoption of the New Delhi Leaders' Declaration,» said Prime Minister Narendra Modi on social media site X.

While committing to support developing countries in dealing with food security challenges, the New Delhi Leaders’ Declaration on Saturday expressed commitment to facilitate open, fair, predictable and rule-based global agriculture, food and fertiliser trade.