Active Stocks
Fri May 24 2024 12:10:48
  1. Tata Steel share price
  2. 175.90 0.26%
  1. State Bank Of India share price
  2. 835.90 0.43%
  1. NTPC share price
  2. 374.00 0.46%
  1. Wipro share price
  2. 467.20 0.28%
  1. ITC share price
  2. 437.85 -0.76%
Business News/ News / World/  G20 Summit: African Union becomes permanent member of G20 under India's presidency
BackBack

G20 Summit: African Union becomes permanent member of G20 under India's presidency

Shortly after the announcement, Union of Comoros President and AU chairperson Azali Assoumani took the seat as a full member of the G20.

PM Modi greeted African Union President Comoros Azali Assoumani with a hug before the G20 leaders began their deliberations (Twitter/@g20org) (HT_PRINT)Premium
PM Modi greeted African Union President Comoros Azali Assoumani with a hug before the G20 leaders began their deliberations (Twitter/@g20org) (HT_PRINT)

During the inaugural session of the two-day G20 Summit, Prime Minister Narendra Modi declared that the African Union (AU) had been granted permanent membership in the Group of 20 largest economies (G20) worldwide. 

As reported by PTI, this announcement marked the AU's accession as a new member of this prominent global organization, consisting of 55 nations.

Shortly after the announcement, Union of Comoros President and AU chairperson Azali Assoumani took the seat as a full member of the G20.

“In keeping with the sentiment of sabka saath (with everyone), India had proposed that the African Union should be given permanent membership of the G20. I believe we all are in agreement on this proposal. With your agreement (he banged the gavel thrice)," Modi said.

"Before we start our work, I invite the AU president as a permanent member to take his position," he said.

Also Read: G20 Summit: PM Modi, Prez Biden hold bilateral talks; discuss technology, democracy

Over the past few years, India has actively established itself as a prominent advocate, highlighting the issues, difficulties, and aspirations of the Global South, particularly the African continent. Prime Minister Modi has been at the forefront of these efforts, especially in advocating for the African Union's inclusion as a member of the G20. In June, Modi took the initiative by writing to the leaders of the G20 nations, urging them to grant full membership to the AU during the New Delhi summit.

A few weeks later, the proposal found its way into the official draft communique for the summit. This inclusion occurred during the third G20 Sherpas meeting, which convened in Hampi, Karnataka, in July.

The African Union (AU) is a significant organization consisting of 55 member states, collectively representing the nations across the African continent.

Also Read: G20 Summit: PM Modi, Joe Biden to unveil rail and shipping corridor linking India to Middle East, Europe

In an exclusive interview to PTI earlier this month, Modi said Africa is a "top priority" for India and that it works for the inclusion of those in global affairs who feel their voices are not being heard.

The G20 was established in 1999 as a response to various global economic crises.

The G20 member nations collectively account for approximately 85 percent of the world's GDP, more than 75 percent of global trade, and roughly two-thirds of the global population.

In addition to the recent addition, the G20 is made up of Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, and the European Union (EU).

(With inputs from PTI)

You are on Mint! India's #1 news destination (Source: Press Gazette). To learn more about our business coverage and market insights Click Here!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 09 Sep 2023, 11:50 AM IST
Next Story footLogo
Recommended For You