'G20 committed to shaping strong, sustainable, and inclusive post-COVID-19 era'
The G20 Leaders' declaration also underscored the need to increase the sustainability and resilience of supply chains
The G20 is committed to leading the world in shaping "a strong, sustainable, balanced and inclusive post-COVID-19 era", the Leaders' Declaration adopted at the end of the two-day 15th G20 Leaders' Summit said on Sunday.
The declaration said the G20 would continue to spare no effort "to protect lives, provide support with a special focus on the most vulnerable, and put our economies back on a path to restoring growth, and protecting and creating jobs for all".
G20 member countries were taking "immediate and exceptional measures" to address the COVID-19 pandemic and its health, social and economic impacts. This was being done through the implementation of unprecedented fiscal, monetary and financial stability actions, the document said.
The declaration referred to the massive mobilization of resources to support research, development, manufacturing, and distribution of safe and effective COVID-19 diagnostics, therapeutics and vaccines. "We will spare no effort to
ensure their affordable and equitable access for all people," it said.
On trade and investment, the declaration said, "We strive to realize the goal of a free, fair, inclusive, non-discriminatory, transparent, predictable, and stable trade and investment environment, and to keep our markets open".
Earlier, speaking on the second day of the summit, Prime Minister Modi underscored that for an inclusive, resilient and sustainable recovery in a Post COVID world, effective global governance is required and reformed multilateralism through improvement in character, governance and processes of multilateral institutions is the need of the hour.
The Prime Minister spoke about the importance of the 2030 Agenda for Sustainable Development Goals aimed at ‘leaving no one behind’. He said that India is following the same principle in the ‘Reform-Perform-Transform’ strategy to move forward and inclusive development efforts that are participative.
He also said an Atmanirbhar Bharat will be a "strong pillar of resilient post-COVID world economy and Global Value Chains".
Underlining India's civilizational commitment to harmony between humans and nature, Prime Minister Modi referred to India's success in increasing renewable energy and biodiversity.
During his address, he also highlighted India's efforts for "inclusive development, especially women, through a participatory approach".