Indian Prime Minister Narendra Modi promised that the G20 meet under India's presidency will be inclusive, ambitious, decisive, and action-oriented, and that it will work to make the summit a catalyst for global change as Indonesia handed the presidency over to India. He said it’s important for G20 to convey a strong message of peace and security as without that the world will not be able to take advantage of economic development.
At the 17th G20 conference in Bali, where he took over the presidency from Indonesian President Joko Widodo, Modi noted that the world is currently dealing with geopolitical unrest, an economic downturn, rising food and energy prices, and the pandemic's long-term impacts.
“At such a time, the world is looking at the G20 with hope. Today, I want to assure that India’s G20 presidency will be inclusive, ambitious, decisive, and action-oriented,” he said. “India will strive to take forward Indonesia’s commendable initiatives during its presidency. It is a very auspicious coincidence for India that we are assuming the responsibility of G20 Presidency in this holy island of Bali. India and Bali have an age-old relationship,” said Modi, as he congratulated Indonesia for its leadership in difficult times and the G20 community for adopting the Bali Declaration.
When speaking at the closing ceremony, Modi emphasised the need for the benefits of development to be extended to all people with compassion and solidarity. He asserted that women's participation is essential to the advancement of humanity.