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What is G20 Summit ‘New Delhi Declaration’? Know reason behind its ‘pathbreaking’ impact on global affairs

The world leaders attending the G20 Summit in India called the newly adopted New Delhi Declaration as pathbreaking and historic, and here is why.

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As the second day of the G20 Summit in the national capital is set to begin, all the world leaders have put aside their skepticism and decided to adopt the historic ‘New Delhi Declaration’ on Saturday, leading to a historic moment in global affairs.

The reactions of global leaders started pouring in soon after Prime Minister Narendra Modi’s New Delhi Declaration was adopted on the first day of the G20 Summit, with leaders calling it a historic moment that can lead to path-breaking change.

As explained by several world leaders, the adoption of the new document will implement PM Modi’s emphasis on a human-centric globalization model. The document is set to bring forward a major change in geopolitics, keeping in mind the impact of the Russia-Ukraine war.

What is G20 Summit’s New Delhi Declaration?

The New Delhi Declaration was a document floated among the member countries of the G20 Summit, laying emphasis on geopolitical issues such as the Russia-Ukraine war as well as attempts to hammer out a positive outcome to these issues.

Further, the Delhi Declaration placed a bold emphasis on strong, sustainable, balanced, and inclusive growth, pertaining to all the member countries. The document touches on issues such as terrorism, the global impact of war, equitable growth for all countries and fair trade.

Why is New Delhi Declaration ‘pathbreaking’?

The document laid emphasis on how countries must refrain from using force to seek territorial acquisition, how nations must crack down on terrorism, and how they must help vulnerable countries and seek equitable growth across all industries.

The adoption of the G20 Summit New Delhi Declaration could turn over a new lead of global relations as sustainable growth and financial stability for all countries, and also pushes for fair and unrestricted trade in the fields of agriculture and food, refraining from imposing heavy export duties.

This means that all the G20 member countries will follow the principles and suggestions laid out in the declaration, leading to continued growth for India and other countries.

READ | G20 Summit 2023, Day 2: List of events lined up for world leaders today

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