ALSO READ: G20 Summit 2023 LIVE Updates Adding more, the statement said, "As the G20’s current and next three Presidencies, we will build on the historic progress of India’s G20 Presidency to address global challenges. In this spirit, together with the World Bank President, we welcome the G20’s commitment to build better, bigger, and more effective multilateral development banks.
This commitment underscores what we can do, by working together through the G20, to support our people toward a better future." Earlier in the day, the G20 group adopted the Delhi Declaration where consensus was achieved on all issues, including the divisive Russia-Ukraine issue, making it a historic win for India’s presidency. PM Narendra Modi, while addressing his counterparts at a session, had said, “Through the hard work of our teams, and the cooperation of you all, we have reached an agreement on the New Delhi G20 Leaders' Summit Declaration.
I propose that we adopt this New Delhi Leaders Declaration." On Day 1, the declaration also followed the inclusion of the African Union as a permanent member of the grouping. The Delhi Declaration, issued on the first day of the Summit included areas of strong, sustainable, balanced, and inclusive growth, accelerating progress of sustainable development goals, reforms of multilateral development institutions, and reinvigorating multilateralism, which was agreed upon by all participating countries.
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