Sheikh Abdullah bin Zayed Al Nahyan, the UAE's Minister of Foreign Affairs and International Cooperation arrived in India on Wednesday to take part in the G20 Foreign Ministers' Meeting.
Notably, both the US Secretary of State, Antony Blinken, and the Foreign Minister of Egypt, Sameh Shoukry, have arrived for the meeting.
Moreover, The G20 Foreign Ministers' Meeting will take place on March 2 while India holds the G20 leadership. Over 40 delegations are anticipated to attend the meeting, which will be hosted in the Rashtrapati Bhavan Cultural Center.
This will be the second ministerial gathering convened thus far while India is in the Presidency. Bangalore hosted the first ministerial gathering of central bank governors and finance ministers. The meeting will also be attended by the foreign ministers of Canada, Argentina, the Netherlands, Singapore, and Bangladesh.
Furthermore, it is one of the largest gatherings of foreign ministers ever held by a G20 president, according to foreign secretary Vinay Mohan Kwatra.
"One Earth, One Family, One Future is the general translation of Vasudhaiva Kutumbakam, the theme of India's G20 presidency. For India, the G20 presidency also heralds the start of Amrit Kaal, a journey towards a futuristic, wealthy, inclusive, and developed society with a human-centric perspective that will culminate in our nation celebrating 100 years of independence. The Voice of the Global South Summit, which we organized in January of this year and attracted participation from over 125 countries, was also inspired by this spirit," Kwatra stated, during a press conference.
Over the last 20 years, the bilateral engagement between the two countries has only grown significantly and India has become the UAE’s third-largest total trading partner, mainly due to energy imports from the latter.
It is crucial for both nations to strengthen their mutual collaboration in light of increased economic globalization and the creation of new trading rules, and the Comprehensive Economic Partnership Agreement (CEPA) provides a practical means of doing so.
Also, the two nations have a similar outlook on clean and green energy that is founded on a dedication to sustainability and economic development. It is based on the idea that the future will be powered by renewable energy, offering secure and dependable energy sources while preserving the environment.
With the UAE being one of the most oil-dependent nations in the world and India having one of the fastest expanding economies, investment in renewable energies like solar and wind power can have positive effects on the global economy, the environment, and society.
Comments
Post a Comment