Tag: G20 meeting

  • India’s Sharp Response As China Opposes G20 Meet In Kashmir

    India’s Sharp Response As China Opposes G20 Meet In Kashmir

    Srinagar: China has opposed the holding of a G20 meeting in Kashmir, while Turkey and Saudi Arabia have not registered for the event to be held in Srinagar.
    On Friday, Chinese Foreign Ministry spokesperson Wang Wenbin said that “China firmly opposes holding G20 meetings in any form in ‘disputed’ areas and will not attend such meetings.”

    India countered the objection by saying it is free to hold meetings on its own territory. It said peace and tranquility on its border is essential for normal ties with China.

    Srinagar: China has opposed the holding of a G20 meeting in Kashmir, while Turkey and Saudi Arabia have not registered for the event to be held in Srinagar.
    On Friday, Chinese Foreign Ministry spokesperson Wang Wenbin said that “China firmly opposes holding G20 meetings in any form in ‘disputed’ areas and will not attend such meetings.”

    India countered the objection by saying it is free to hold meetings on its own territory. It said peace and tranquility on its border is essential for normal ties with China.

    The 3rd G20 Tourism Working Group meeting will be held on May 22-24 in Srinagar amid heightened security in the region.

    This is the first major international event in Jammu and Kashmir since its special status was scrapped in 2019 and it was bifurcated into two union territories.
    Around 60 delegates from G20 countries are expected to attend the meeting in Srinagar. earlier it was expected that over 100 delegates would attend the meet.

    Sources say Turkey has decided to stay away from the meeting, and Saudi Arabia has not registered for the event so far.

    Srinagar is under an unprecedented security blanket. Marine commandos and National Security Guards (NSG) have been deployed in the region as part of the ground-to-air security cover.
    Marines, also known as Marcos, have taken over the security of Dal Lake, around the Sher-e-Kashmir International Convention Centre (SKICC), the venue for the G20 meeting. NSG commandos have been conducting area domination exercises along with police and paramilitary forces. On Thursday, NSG carried out searches at Lal Chowk.

    Paramilitary troops were seen entering the houseboats and carrying out searches.

    Houseboats are made of wood, including cedar, and have exquisite wood carvings. They represent the culture and age-old tradition of Kashmir.

    Officials say the G20 event in Srinagar is to showcase Kashmir’s tourism potential and also send a message to the world that it is an integral part of the country.
    The participation of member countries of the world’s most powerful club is seen as an endorsement of India’s stand.
    Security forces have inputs that terrorists may try to carry out some major attack to disrupt the G20 event. Massive security operations are being carried out to prevent any such attempt. Army, Border Security Force (BSF), Central Reserve Police Force (CRPF), Sashastra Seema Bal (SSB) and Jammu and Kashmir Police are part of the security grid in the region.

  • G20 meeting to focus on infra investment

    G20 meeting to focus on infra investment

    Visakhapatnam: The second G20 Infrastructure Working Group (IWG) will deliberate on various aspects of infrastructure investments, including developing infrastructure as an asset class, promoting quality infrastructure investment and identifying innovative instruments for mobilising financial resources for infrastructure investment.

    Announcing this at a media conference, joint secretary of the Ministry of Finance Solomon Arokiaraj said the outcome of the Infrastructure Working Group feeds into the G20 Finance Track priorities and promotes infrastructure development. The second IWG meeting to be held in Visakhapatnam on March 28 and 29 will focus on the agenda for the Infrastructure Working Group under the Indian Presidency. The flagship priority to be discussed in this meeting includes ‘Financing Cities of Tomorrow: Inclusive, Resilient and Sustainable’, along with other priorities outlined in the 2023 Infrastructure Agenda, Solomon Arokiaraj mentioned.

    During the two-day G20 meeting, various official meetings and cultural programmes have been planned for the delegates. In addition to the formal discussions, the delegates will experience Visakhapatnam’s rich culture and beautiful landscapes. On the sidelines of the IWG meetings, a ’roundtable of international organisations to discuss infrastructure taxonomies’ will be organised in partnership with the Global Infrastructure Hub. This side event will witness participation of experts from key international organisations such as UNDP, OECD, IMF, ADB and EBRD. A capacity-building workshop for the G20 delegates will follow the two-day meetings on 30th March.

    The Ministry of Finance will steer the G20 Infrastructure agenda to ensure that the G20 acts as a global prime mover to envision new ideas and accelerate collective action.