Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

G20 Summit Live Updates: GST will create a common market for 1.3 billion people in India, says PM Narendra Modi

7 July, 2017 2:36 PM
392 0
G20 Summit Live Updates: GST will create a common market for 1.3 billion people in India, says PM Narendra Modi

The stage is set for the 12 edition of the G20 Summit 2017 which will take place in German city of Hamburg this year. It will be held on July 7-8. After completing a historic visit to Israel, Prime Minister Narendra Modi landed in Hamburg on Thursday to meet the world leaders during the summit. During the event PM Modi is expected to hold talks with leaders of BRICS, and South Africa on June 7 along with other key leaders of the world. However, looking at the ongoing strain with neighbouring China over the Sikkim standoff issue, there will likely be no bilateral meeting between PM Modi and Chinese President Xi Jinping. While no meeting was scheduled according to India, Chinese officials yesterday said that a meet between both cannot happen due to the prevailing ‘atmosphere’. The leaders, nonetheless, will be in the same room as part of a smaller session. The BRICS summit this year might also witnesses massive protests as it is being claimed that the G20 has failed to solve many of the issues threatening world peace.

8:40 pm: US President Donald Trump and his Russian counterpart Vladimir Putin held their first face-to-face meeting at G20 summit today. The summit is marred by protests and a rift between America and its Western allies over trade and climate change, says AFP.

8:20 pm: Prime Minister Narendra Modi meets his Canadian counterpart Justin Trudeau in Hamburg on sidelines of G20Summit, ANI says.

8:10 pm: The development and growth for all in India is central to government’s pursuit for the economic prosperity, says PM Modi at the session, as per NDTV.

7:59 pm: India’s decision on demonetisation resulted in blow to corruption. It boosted digitization and enlarged the formal economy,says PM at the summit.

7:45 pm: The country is ready to carry forward its fight against black money, says PM, NDTV report says further.

7:30 pm: The Goods and Services Tax (GST) will create a common market for 1.3 billion people in India, says PM Narendra Modi at a session on global growth and trade, reports NDTV.

7:10 pm: PM Modi today said that the geopolitical situation in the Gulf, West Asia and in the Korean Peninsula is a matter of concern. Asks BRICS nations to be a voice for reform, progress and governance at the global stage, PTI report said.

6:45 pm: Prime Minister Narendra Modi meets Japanese counterpart Shinzo Abe in Hamburg.

6:07 pm: Speaking at BRICS summit today, the prime minister said it was important to implement consensus of Paris agreement on climate change and added India will implement the accord in “letter and spirit”.

5:30 pm: PM Modi said, “Very important to understand terrorism before action.”

5:15 pm: The pope has urged leaders of the Group of 20 countries to make the poor and refugees a priority of the summit.

5:05 pm: During the G20 summit, PM Modi welcomed plan of action on counter terrorism. He also presented 11 point agenda.

4:24 pm: “I look forward to all meetings today with world leaders, including my meeting with Vladimir Putin. Much to discuss,” Donald Trump Tweeted today.

04:15 pm: US President Donald Trump and his Russian counterpart Vladimir Putin will meet in person for the first time today on the sidelines of the G20 summit, says Reuters.

04:06 pm: PM Narendra Modi and Chinese President Xi Xinping had a conversation on several issues on sidelines of G20 summit, says MEA.

04:00 pm: In Hamburg, protesters apposing the G20 Summit 2017 link arms to try to prevent police from removing them from a sit-down demonstration, report CNN news. Watch video here.

03:36 pm: Soon after Narendra Modi completed his speech at the opening ceremony of G20 summit, Congress Vice President Rahul Gandhi took to Twitter saying, “Why is our Prime Minister silent on China?”

03: 10 pm: During his speech at the G20 summit, Chinese President Xi Jinping stated about the rising terrorism and also appreciated India’s strong resolve against terrorism and success on economic growth.

03: 00 pm: In a joint communique, the emerging nations resolved to use all policy tools — fiscal, monetary and structural — to enhance the resilience and potential of emerging markets across the globe. On the same, a reuters report read: “They urged their peers of the G20 to support a rules-based, transparent, non-discriminatory, open and inclusive multilateral trading system. Last, they urged the global community to continue to work towards implementing the Paris Climate Accord.”

02: 49 pm: PM Modi met Chinese President Xi Jinping ahead of the Summit and has reportedly promised full cooperation with China. At the BRICS meeting, PM Modi spoke of the geo-political tensions with regards to Qatar in west Asia and North Korea in northern Asia, Indian Express reported.

01: 55 pm: PM Narendra Modi just shook hands with German Chancellor Angela Merkel.

01: 50 pm: The much awaited G20 Summit 2017 event at Hamburg has just started. Prime Minister Narendra Modi has arrived at the venue.

01: 40 pm: Donald Trump along with his wife Melania Trump left for Germany’s Hamburg yesterday. It is said to be a tense two days for the American president as he faces Chinese leader Xi Jinping and Russia’s Vladimir Putin. As per media reports, Trump is scheduled to meet the Russian President for 30 minutes and will reportedly be accompanied only by their top diplomats, Secretary of State Rex Tillerson and Russian Foreign Minister Sergei Lavrov.

01: 30 pm: Ahead of the G20 Summit 2017, the South Korean President Moon Jae-in said that his dialogue with North Korea is more pressing than ever, and also stressed on signing of a peace treaty to permanently end the Korean war. He said, “We do not wish for the collapse of North Korea and we will not pursue any form of unification by absorbing the other. We will not pursue unification by force,” he was quoted as saying by Reuters.

01: 20 pm: German federal police say “an operation is under way against violent individuals”, who targeted patrol cars near a police station in Altona district, and set fire to them, reported Indian Express.

01: 15 pm: Hours ahead of the G20 summit which will start today, US Prisident Donald Trump took to Twitter to share take on the event. In his tweet, he wrote, “I look forward to all meetings today with world leaders, including my meeting with Vladimir Putin. Much to discuss.”

01: 10 pm: Canadian Prime Minister Justin Trudeau told a German newspaper on Friday the leaders of G20 countries meeting in Hamburg would tell U.S. President Donald Trump he should take the lead in addressing climate change. “We’ll tell him it’s important to take a lead role in tackling climate change and creating good jobs,” Trudeau said.

01:05 pm: Recently the German Police has said that vehicles and other materials have been set on fire, as G20 demonstrators take to streets of Hamburg again. Watch video.

01: 00 pm: Ahead of the meeting, Vladimir Putin threw his weight behind the Paris accord. “We see the Paris Agreement as a secure basis for long-term climate regulation founded on international law and we want to make a comprehensive contribution to its implementation,” he told German business daily Handelsblatt.

12: 55 pm: “We’re united in our will to strengthen multilateral relations at the G20 summit … We need an open society, especially open trade flows,” Angela Merkel had said in Berlin.

12: 50 pm: Speaking to Reuters, Indonesian finance minister Sri Mulyani Indrawati said Merkel must be careful not to allow acrimony to undermine the summit. “There is quite a delicate balance that Angela Merkel will have to navigate in a way, because it is not clear that being confrontational won’t just create even more of a credibility problem for G20 cooperation,” she added.

12:45 pm: It is said that the atmosphere is not right for a bilateral meeting between Prime Minister Narendra Modi and President Xi Jinping on the sidelines of the G20 Summit in Hamburg. Watch this.

12: 40 pm: ‘Welcome to Hell’ was one of the slogans raised by protesters’ as greeting for Donald Trump and other world leaders arriving for the two-day meeting.

12: 35 pm: Protesters damaged cars, set other objects ablaze and threw bottles in roving clashes that lasted until midnight, reported Reuters.

The summit, to be hosted by Angela Merkel, will began today with the German Chancellor addressing world leaders. It will be followed by a ‘G20 Leaders’ Retreat’, where leaders will hold discussions on ‘fighting terrorism’. On Friday, the first working session is on ‘global growth and trade’, and the second, on ‘sustainable development, climate and energy’. Later this evening, leaders will be entertained by a musical concert, followed by a dinner.

On Saturday, the second day of the meet, the topic of the third working session is ‘partnership with Africa, migration and health’, and the fourth on ‘digitisation, women’s empowerment and employment’. On Saturday evening, following a closing session, leaders will issue a joint statement, reports PTI.

12: 20 pm: Hours ahead of the G20 summit, Police in Hamburg tried to clear some of the streets of protesters on the eve of the G20 Summit. Watch the video below.

12: 15 pm: Members of the G20 summit include countries like Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US, and the European Union.

12: 06 pm: As per a PTI report, the chances of a wide consensus on various issues are low. For instance, both India and China are yet to ratify an international convention for a strong foreign anti-bribery law.

12:00 pm: Ahead of his much waited meeting with Russian President, Donald Trump has said he wants to find ways to work with Putin, reported NDTV. The roads to Putin Trump talks became more difficult by sharp differences over Russia’s actions in Syria and Ukraine and also the allegation made on Moscow for meddling in the 2016 US presidential election.

11: 55 am: On the sidelines of the G20 summit, PM Narendra Modi will reportedly have bilateral talks with world leaders including Argentina President Mauricio Macri, Canadian PM Justin Trudeau, Japan PM Shinzo Abe, Mexico PM Enrique Pena Nieto, South Korean President Moon Jae-in, UK PM Theresa May and Vietnam PM Nguyen Xuan Phuc, External Affairs Ministry spokesperson Gopal Baglay had confirmed.

11: 50 am: To disperse the crowd protesting against the G20 summit, police had to use water cannons and tear gas. Nine people are reportedly injured with activists protesting globalisation.

11:45 am: As per a report by NDTV, German Chancellor Angela Merkel has said that the talks on the issue would not be easy with US President Donald Trump.

11: 35 am: Even the US President Donald Trump and German Chancellor Angela Merkel met after reaching Hamburg ahead of the summit. The leaders are expected to hold talks on issues ranging from wars to climate change and global trade.

11: 30 am: As many as 13,000 protesters joined the main march in Hamburg against the G20 summit. These included around 1,000 black-clad anarchists, police said. Up to 20,000 police officers from across Germany are on hand, reported Reuters.

11:25 am: Prime Minister Narendra Modi on Thursday arrived in Hamburg in Germany to attend the 12th edition of the G20 Summit 2017. Soon after his arrival, PM Modi met Hamburg’s deputy mayor Katharina Fegebank.

Also read: FCA India launches petrol variant of Jeep Grand Cherokee at Rs 75.15L

Source: financialexpress.com

Share in social networks:

Comments - 0